Insurer
"Waiting is no longer an option," McGavick tells risk managers
Insurers must "change their mindset" if they are to remain relevant in a changing world, XL chief executive Mike McGavick, pictured, told risk managers in Germany yesterday.
GAB Robins appoints ex-Cunningham Lindsey adjuster
GAB Robins has recruited Maggie Cowing, pictured, to the newly created position of head of major and complex loss.
AGCS unveils new reputation protection product
Allianz Global Corporate & Specialty is to launch a new product next month designed to help companies protect their reputation in times of crisis.
Brokers give Ageas seal of approval on Groupama acquisition talks
Brokers have hailed Ageas' potential move to acquire Groupama UK as a "logical fit", but warned that the insurer's troubled past may do little to win back lost brokers.
Incentive schemes: where do the real issues lie?
On Wednesday, the Financial Services Authority published the results of a review into risks faced by customers from financial incentives, and found that bonus-based schemes increase the risk of mis-selling. With a consultation on the issue launched …
RSA names new group chief auditor
The insurer's UK and western Europe finance director, Caroline Ramsay, will take the role, replacing Anne Jaeger, who moves to RSA Scandinavia.
Post Blog: Fighting fire with fire
With fraudsters sharing inforamtion, and the insurance industry and authorities failing to follow suit, are criminals gaining a competitive advantage? June Lynch explains.
Ageas and Groupama in acquisition talks
Ageas UK and Groupama have entered exclusive discussions regarding the sale of Groupama's UK non-life insurance business.
Asian weddings: An insurance dilemma
Wedding insurance is growing in India as families spend a collective $16bn on marriage celebrations. However, as Nicky Burridge reports, the chances of its spreading further into Asia look unlikely.
Asian View from the Top: Prudential insurance regulation - an evolving game-changer
Changes in prudential regulatory developments the world over are expected to have a significant impact on operational costs, the competitive landscape and the number and form of market participants in Asia Pacific.
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
Aviva director quits for Towergate
Aviva's shared services director, Alison Wilford, is to leave the insurer to join Towergate.
Q&A with Chartis' Robert Schimek and Peter Csakvari
As the Russian insurance market continues to attract worldwide interest, Insurance Insight spoke to Rob Schimek, president of Chartis EMEA, and Peter Csakvari, general manager of Chartis Russia, about the potential in the Russian insurance market,…
Solvency II timetable 'extremely tight' for insurers
Complete and accurate data is at the heart of the challenge to ensure that insurers are treated fairly under Solvency II, according to Allianz's Peter Keller.
Chartis enters sole tied agent agreement with HNW broker
Chartis Private Client Group has entered into an exclusive arrangement with broker Markham Private Clients, which will become its sole tied agent.
NCC to support CNA with cyber response team
Global information assurance firm NCC Group has agreed to support commercial insurer CNA Europe with a cyber incident response team.
AIG starts disposing shares in Hong Kong business
American International Group has commenced a sale in Hong Kong of up to $2bn worth of ordinary shares of AIA Group by means of a placing to certain institutional investors.
Tesco Bank snaps up Zurich's Bedlow
Zurich's former personal lines managing director, Karl Bedlow, pictured, is to join Tesco Bank.
Chris Hanks to retire from Allianz
Allianz Commercial general manager Chris Hanks, pictured, is said to be retiring in 2013.
BlackRock recruits Leidtke for FIG role
BlackRock has appointed Patrick Liedtke, pictured, to lead its Financial Institutions Group in Europe, the Middle East and Africa.
Flood losses more than doubled in past 10 years, study finds
Flood losses are increasing at an alarming rate and the insurability of floods provides unique challenges for the industry, according to Swiss Re's latest report.
Mitsui Sumitomo names new professional indemnity underwriter
Mitsui Sumitomo has promoted Stuart Wood, pictured, to class underwriter for professional indemnity in its professional lines operation.
Mitsui Sumitomo promotes Wood to class underwriter for PI
Mitsui Sumitomo at Lloyd's has promoted Stuart Wood to class underwriter for professional indemnity in its professional lines operation.
Weil starts role as Marsh CEO
Mark Weil, pictured, has taken up his role as Marsh chief executive, as previously reported by Post.