Insurer
Towergate signs development manager
Towergate Underwriting has announced that Eileen McFadden will be heading up the newly created role of corporate partner development manager at the firm.
Insurers warn of Christmas car crashes
According to Axa there has been a 45% rise in accidents between 20 and 24 December over the past two years compared with the rest of December, meaning up to 56 000 drivers could be involved in a collision during this period.
Charles Taylor and RBL Italia enter Italian loss adjusting association
International loss adjuster, Charles Taylor Adjusting, has entered an exclusive association agreement with RBL Italia Srl in Italy to work together on all non-marine classes of business.
Charles Taylor adjusting and RBL Italia enter loss adjusting association in Italy
International loss adjuster, Charles Taylor adjusting, has entered an exclusive association agreement with RBL Italia in Italy to work together on all non marine classes of business.
Europa placed on positive watch ahead of acquisition
Europa has had its rating watch upgraded in high of its proposed takeover by Talanx.
EC data protection regulations could generate opportunities for cyber insurers
Draft regulations from the European Commission on data protection will impose significant demands on businesses and could generate new opportunities for cyber insurers, according to law firm DAC Beachcroft.
Motor insurers challenged to ditch mainstream methods for competitive advantage
Motor insurers must challenge mainstream thinking and draw from experiences in other industries if they are to truly gain competitive advantage over their peers according to a report out today.
Scor expects €140m in Thai flood losses
French reinsurer Scor estimates its losses from the floods in Thailand at €140m net of retrocession and before tax.
Data protection measures could increase demand for cyber risk products
DAC Beachcroft said that draft regulations from the European Commission on general data protection which recently appeared online will introduce “wide ranging changes” to the data protection regime in Europe.
Determining liability for cyberbullying
The rise of the internet has opened the door to a new form of bullying and US insurers have become wary of the threat this poses to insurance. Lauren Jankowski explains that European insurers would do well to be wary of this threat as across the pond…
View from the top: Regulation - it’s a matter of the right amount
Time and again, debates rage as to the role of the European Central Bank in the crisis.
View from the top: Market volatility and risk – ‘Keep Calm and Carry On’
As 2011 draws to a turbulent end, minds are now focusing on how best to tackle the continued economic volatility that 2012 is sure to bring for risk managers across the world. Never has the old adage ‘Keep Calm and Carry on’ been more appropriate.
Partner Re to take $88m charge from Tohoku quake
PartnerRe is set to record a charge of approximately $88m (€67.2m) to reserve the full limit of its Tohoku Earthquake exposure related to its largest Japanese cedant.
Kennedys invests in transport and logistics with key appointment
Kennedys today confirmed the appointment of Christine Branton, in a move which is expected to boost the international litigation firm’s transport and logistics practice.
FSA appoints Peter Vipond
The Financial Services Authority has appointed former ABI employee Peter Vipond as head of department, insurance division.
Insurers respond to proposed dangerous dogs guidelines
Yesterday judges published the first proposed sentencing guidelines for people convicted for dangerous dog offences in England and Wales.
Quinn loan saga continues
The wife of bankrupt businessman Seán Quinn claims she does not have to repay a €3m bank loan, according to the Irish Times.
Allianz Engineering steps up surveyor recruitment
Allianz Engineering has increased its engineer surveyor workforce with an additional 21 surveyors entering the field in the past quarter, bringing the total to 34 for the year.
Homeserve hires non-executive director
Homeserve has appointed Ben Mingay to the board as a non-executive director from 1 January 2012.
Direct Line in Germany implements new business continuity infrastructure
German insurer, Direct Line Versicherung AG, has implemented Datacore's business continuity and disaster recovery architecture.
Groupama hit with S&P downgrade to BBB-
Groupama has suffered a ratings downgrade at the hands of Standard & Poor's despite the France-based insurer announcing a range of key strategic actions designed to halt the recent slide.
ABI calls for “focused approach” to publishing ombudsman decisions
The Association of British Insurers has questioned the Financial Ombudsman’s Service policy of publishing all its decisions.
IUA publishes new London Market TOBA
The International Underwriting Association for insurers and brokers has published a new Terms of Business Agreement (TOBA) for use in the London Market.
Seymour-Jackson quits RAC MD role
Ex-Aviva director Angela Seymour-Jackson has left her role as managing director of RAC to “pursue other interests”.