Insurer
IAG boss warns Europe's debts could impact global insurance market
Europe's debt crisis could impact the global insurance industry, reducing competition in markets where insurers have exposure to troubled European sovereigns, says IAG chief.
Insurance broker buys majority stake in non league football club
Oxford-based insurance broker Bridle Insurance has taken a majority shareholding in Blue Square football club Eastleigh.
Groupama to meet 'in the dark' brokers
Groupama is expected to give the first details of what might happen to the troubled French insurer in the UK when it meets with many of its UK brokers tonight.
Insurance key to encouraging private investment into renewables
Significant financial risk is most acute hazard for renewable energy sector, according to a report by Economist Intelligence Unit and Swiss Re.
Bird named as interim IFB director
Motor Insurers’ Bureau head of customer services Phil Bird is “overseeing day to day operations” at the Insurance Fraud Bureau following the departure of director Glen Marr.
Sean Quinn ordered to repay €1.74bn
The unit created to fight for assets for the crisis-hit Allied Irish Bank has won another victory against Sean Quinn, forcing him to repay €1.74bn, bringing the total the Irish courts have told Quinn to pay to €2.16bn.
Former AA MD Briscoe returns
Former managing director of AA Insurance Services, Andy Briscoe, has returned to the general insurance industry as non-executive chairman at claims management software specialist IT Freedom.
FSA slams RBSI for ‘unfair’ pet terms
The Financial Services Authority has told RBSI to cease using a term in its Direct Line pet insurance that it suggests may be unfair and has reported the insurer to the Office of Fair Trading.
CGI expands with Ageas appointment
Congregational & General has appointed Andy Squires as head of underwriting as the company claims to be facing a period of unprecedented growth.
Italy sees decreasing RTAs
Road accidents, casualties and the number of injured people are decreasing in Italy, according to the latest report by ISTAT, Italy's national statistics bureau, and the Automobile Club d'Italia.
More competition needed in Italian insurance says Antitrust Authority
There is not enough competition among insurance companies in Italy, according to Antitrust Authority president Antonio Catricalà.
Aioi Nissay Dowa (China) achieves A- rating
Aioi Nissay Dowa Insurance (China) Company has had its financial strength rating of A- (Excellent) and issuer credit rating of “a-” confirmed with stable outlooks for both.
Hiscox HNW boss joins Barbican
Former Hiscox high net worth head Austyn Tusler is to become head of UK insurance at Barbican in January.
ULR Additions to appeal Webster Dixon decision
ULR Additions has lodged an appeal in the Webster Dixon case against the judgment which will force it to pay higher fees to non-panel solicitors chosen by legal expenses policyholders.
Aviva boss explains Scottish move
Aviva trading director Jonathan Neill this afternoon told Post that the decision to establish a regional broking operation in Scotland was made following company research which highlighted six major UK “insurance hubs”.
A Plan to open more branches as brokerage breaks £50m barrier
High street personal lines broker A Plan has reported a 19% growth in operating profit for the 12 months ended 28 February 2011 to £19 95m (2010: £16.79m).
Marsh launches EMEA renewable power practice
Broker Marsh has launched a Europe, Middle East and Africa renewable power & cleantech practice.
Aviva revamps broking structure
Aviva is to move from a five to six-region structure including Scotland, reorganising of its 29 branch network effective immediately.
Matthews CEO on Friday
Aviva has confirmed that Trevor Matthews, pictured, will join the board as chief executive officer of Aviva UK from 2 December 2011.
Jubilee to provide European car hire cover for Towergate
Specialist Lloyd’s insurer Jubilee has been appointed to extend the coverage of Insurance4carhire to Europe.
National Windscreens expands insurance team
National Windscreens has recruited an additional national account manager to manage its portfolio of insurance accounts.
AIR joins with Intermap for European cat modelling
AIR Worldwide has entered into an agreement with Intermap for it to provide high-resolution elevation data to be used in the development of new catastrophe models for select European countries.
DAS buys specialist legal website firm
The DAS UK Group has bought Bristol-based online legal services company Everything Legal.
Insurers hopeful on Autumn Statement
Insurers are more optimistic about future tax policy in the UK compared to a year ago; a PwC poll has revealed.