Insurer
Myanmar to open insurance market to foreign investors
Myanmar will allow foreign investors into its insurance sector by 2015 once local private insurers have had time to establish themselves, according to a senior government official.
Keoghs secures investment as it waits for ABS licence
Law firm Keoghs has confirmed rumours that it is in the process of becoming an alternative business structure.
Insurers and claimant bodies committed to portal extension, says chairman
RTA Portal Co chairman Tim Wallis has responded to insurers' concerns that the claimant community is "dragging their feet" over extending the portal to include employers' liability claims, stating that both sides remain committed to the April 2013…
Amrae appoints full-time CEO to cope with growth
Amrae, the French risk managers association, has appointed Bénédicte Huot de Luze as chief executive.
Allianz names Your Cover head of direct
Allianz has appointed Jon Lott, pictured, as head of direct following the departure of Andy James.
MGAA holds 'successful' capacity exchange
The inaugural Managing General Agents' Association capacity exchange has been hailed by insurers and MGAs alike as an effective way to identify and develop new products and schemes opportunities.
Online video: Analysing emerging fraud trends
As legislation and industry initiatives make conventional types of fraudulent claims more detectable, insurance fraud is constantly taking new forms.
LV unveils home insurance offering for BGL
LV Broker has rolled out its ABC home insurance product to BGL Group's Budget and Dial Direct customers.
DLG private equity bids still possible, says analyst
Analysts believe there is still a "good chance" that a private equity bid for Direct Line Group may emerge, despite RBS this morning stating its intention to float.
Axa Germany parts company with two board members
The German arm of global insurer Axa has confirmed that board members Ulrich Niessen and Markus Hoffman will leave the company at the end of the month.
Questgates opens Belfast base
Specialist loss adjuster Questgates has established a new office in Belfast and has made a string of Merlin Claims hires.
Ageas wins John Lewis account from Axa
Ageas has extended its partnership with John Lewis to provide the department store's customers with travel insurance.
Arista Insurance grows Thames Valley team
Caroline Hargreaves has been appointed as development underwriter to support brokers in the Thames Valley region.
Pinsent Masons opens Paris office
International law firm Pinsent Masons has opened an office in Paris as it targets insurance work in mainland Europe.
Brightside pockets £30m profit while online home policy sales plunge 74%
Insurance broker Brightside has reported a 10% jump in revenue to £43.6m for the six months ended June 2012, and a reduction in external debt of £15m.
Insured loss estimates from Hurricane Isaac up to $2bn
Risk Management Solutions has estimated that US insured losses from Hurricane Issac's wind and surge impacts on the US Gulf Coast will fall between $1bn and $2bn.
Arc launches legal expenses cover for hauliers
Arc Legal Assistance has launched a dedicated haulage legal expenses product in Ireland, as part of a new scheme and a distribution deal with Wright Insurance Brokers.
Geddes: DLG in great shape and ready to float
Direct Line Group chief executive Paul Geddes has told Post that the business is now “in great shape and ready to go to the market” while setting out targets to improve profitability by 2014.
Former Prudential director joins Direct Line
Priscilla Vacassin has been appointed as a non-executive director of Direct Line Group.
DLG confirms intention to float
Direct Line Group has issued a statement confirming its intention to proceed with an initial public offering.
UK exporters could bask in Indian summer, says Coface
The business climate in India offers encouragement for UK companies wanting to take advantage of the country’s thriving technology and services markets, according to a report by credit insurer Coface.
State-owned Singapore firm boosts stake in China Pacific
The Government of Singapore Investment Corporation will increase its stake in China Pacific Insurance Company, according to an announcement on the Hong Kong stock exchange website.
Davies raids Merlin Claims
Davies Group has appointed two former Merlin Claims employees as business development managers.