Insurer
EU and Asian insurers holding out on Chinese D&O cover
Fears of claims following low-price buy outs on the NYSE are making insurers think twice about offering D&O cover to listed Chinese companies.
Surging US APH claims likely to hit European insurers
European insurers have been urged to manage their asbestos, pollution and health hazard liabilities as the US sees an upsurge in claims.
Merlin CEO Webster resurfaces at Morgan Sindall
Former Merlin chief executive Richard Webster has been appointed managing director at construction group Morgan Sindall just weeks after the loss adjuster went into administration.
Ping An to use gaming platform to sell insurance for virtual items
Chinese insurer Ping An has joined forces with Chinese technology firms Alibaba Group and Tencent Holdings to offer specialized internet insurance policies.
AGCS boosts Africa footprint with new hire
Allianz Global Corporate & Specialty is to establish a local presence in sub-Saharan Africa with the appointment of Delphine Maidou, pictured, as chief executive of its regional subsidiary AGCS of Africa.
Liberty Mutual names Manchester broker manager
Liberty Mutual’s commercial lines division has appointed Richard Chapman, pictured, to broker account manager for its Manchester operation.
Towergate confirms departure of Broker Network MD Houghton
Towergate has this morning confirmed Broker Network and Countrywide managing director Nick Houghton has resigned after revealing his intention to run an independent broking business.
Helvetia posts reduced profit for H1
Swiss insurer Helvetia posted profit of CHF162.7m (€135.4m) for the first half of 2012, down from CHF171.5m in the first half of 2011.
Markel hires ex-RSA marine underwriter Cannock
Markel International has appointed Matthew Cannock, pictured, as marine underwriter for its Singapore office.
Questgates snaps up third Merlin adjuster ahead of Scottish market push
Questgates has underlined its Scottish presence by opening an office in Livingston and recruiting former Merlin adjuster Ashley Clancy to bolster its team north of the border.
Markel appoints Cannock as marine underwriter for Asia-Pacific
Markel International has appointed Matthew Cannock as marine underwriter in its Singapore office.
Tsunami warning after 7.6 magnitude earthquake hits The Philippines
A major earthquake struck off the town of Guiuan in Samar province at 12:47 UTC yesterday.
Post Blog: Sufficient permission
What are the ethical questions posed by insurers' potential use of social media to gain more information on customers? Ralph Savage talks to Post Online.
DLG 'essentially' operating as a standalone business, claims Geddes
Direct Line Group chief executive Paul Geddes believes the business has "essentially achieved its goal" of operating as a standalone company, following the news it has set a return on tangible equity target of 15%.
Open GI appoints regional account manager for south east
Systems provider Open GI has appointed former accident management company boss Matthew Scott to the role of account manager for the south east region.
Garwyn: Portal extension could see drop-out rate soar to 80%
Garwyn's chief executive has estimated that up to 80% of claims could fall out of the RTA Portal if it is extended to employers' and public liability in its current form.
Charles Taylor to consider Merlin staff for new roles
Charles Taylor Company is in discussions with a number of ex-Merlin employees about potential new jobs in the business, following the demise of the loss adjuster earlier this month.
Charles Taylor sets timetable to boost international adjusting proposition
Charles Taylor Company has confirmed plans to enter the Latin America loss adjusting market before the end of 2012, just weeks after buying a majority stake in Saudi Arabia claims handling business Noble Inspection and Loss Adjusting.
Ergo at centre of further scandal over staff "rewards"
Munich Re owned primary insurer Ergo is once again courting controversy after reports that the firm paid for employees to visit a swingers' party in Jamaica and a brothel in Spain.
Further delays to Omnibus II
Omnibus II has been delayed again with the new date of implementation set at 20 November, Post understands.
Ocaso appoints Stemp as UK general manager
Spanish insurer Ocaso has named Tim Stemp as general manager of the UK arm.
Barbon promotes Armitage to director
Barbon Insurance Group has promoted Mark Armitage to director after group managing director Nick Sharp, pictured, resigned from the company.