Insurer
"Essential" FDI could raise Rs 30,000 crore, says India's regulator
Raising the cap on foreign direct investment in Indian insurers could attract Rs 30,000 crore to the industry, India's insurance regulator has said.
Covéa fears surge in motor subrogation practices after RSA ruling
Covéa has warned that some insurance businesses may adopt motor repair subrogation cost structures similar to RSA's after a high court found in favour of the insurer.
Standard & Poor's upgrades Groupama Insurances to BB
Ratings agency Standard & Poor's has upgraded Groupama Insurances to a financial strength of BB on credit watch with positive implications, and expects to boost the rating to BBB in Q4.
Acturis launches sales shuffle in growth bid
Software provider Acturis has moved to bolster the leadership of its sales team with the appointment of Jeff McCracken, pictured, as UK sales and marketing manager.
Allianz could appeal against RSA motor subrogration judgment
Allianz may appeal against a high court judgment which found RSA's motor repair subrogation costs to be legal, despite being told that an appeal is likely to fail.
O'Roarke frustrated at missing out on Groupama 'bargain'
LV boss John O'Roarke admits he was left rueing a "missed opportunity" after hearing how much Ageas paid to secure the acquisition of Groupama.
EIOPA chairman calls for Solvency II clarity
Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority, has urged the European Commission to press ahead with the "stagnant" Omnibus II negotiations and their impact on Solvency II negotiations.
Legal indemnity and title insurer launches at Lloyd's
A new European provider of legal indemnity and title insurance has launched at Lloyd's.
DLG outlook "increasingly difficult", says analyst
The success of the first Direct Line Group float has failed to alleviate concerns over the long-term future of the company, according to Panmure Gordon.
Legal services insurers in pole position to meet new generation's needs
Insurers are ideally placed to take advantage of the changing market environment, according to the new president of the International Association of Legal Protection Insurance (RIAD).
Global insurance market continued firming in Q3
Global insurance prices continued to rise in the third quarter of 2012, continuing a slow but steady trend that began in the second half of 2011.
Japanese insurers cease China riot cover
Some Japanese insurers are believed to have stopped covering firms against riots in China.
HSB Engineering names senior underwriter in Ireland
Specialist engineering and construction insurer HSB Engineering Insurance has appointed Hazel Keegan as senior underwriter.
Swiss Re's Hartmann to strengthen VIG Re board
Johannes Martin Hartmann has been appointed to the managing board of VIG Re with effect from 1 October.
RMS updates Japan earthquake model
RMS has released an update to its Japan Earthquake Model, incorporating a re-characterisation of hazard resulting from the 2011 Great East Japan (Tohoku) earthquake and tsunami.
Motor subrogration appeal against RSA likely to fail, says top judge
A High Court judge has ruled in favour of the motor repair subrogration costs RSA charged Allianz and Provident, stating that the charges were reasonable even if the insurer had used its own repair network.
IRDA to penalise insurers refusing third-party motor cover
India's Insurance Regulatory and Development Authority will take "severe" penal action against general insurance companies refusing third-party motor insurance.
Economic loss from Asia flooding nears $8bn
Flooding in Asia, and particularly China, has generated economic losses of more than $7.5bn, according to Aon Benfield.
Global insurance market firming, says Marsh
Insurance prices have continued to rise in the third quarter, according to Marsh, continuing a trend that began in the second half of 2011.
Pioneering insurance professor passes away
Emeritus professor Robert Carter, a pioneer of university teaching and research in insurance and risk management, has died.
Blog: Talanx IPO - Doing the double
When Talanx chief executive Herbert Haas announced his firm's initial public offering U-turn last week, there was reason to suspect he might be growing dizzy.
Q&A with Lloyd's' Enrico Bertagna
Lloyd's Italy country manager Enrico Bertagna discusses the impact of recession, the country's growth sectors, and why he believes natural catastrophe provision in Italy needs a major overhaul.
The gender neutrality countdown
As Europe counts down to the enforcement of the gender neutrality ruling, Neil Davies asks how prepared insurers and consumers really are.
Middle East Blog: The voice of the UAE
I recently contacted a few regional ‘A’ rated insurance companies, in preparation for a corporate governance article, to get sound-bites from chief executives or managing directors on the drivers of corporate governance in our industry in the United Arab…