Insurer
Japanese regulator to abolish asset allocation rules
Japan's Financial Services Agency plans to eliminate investment rules restricting asset allocations at life and non-life (re)insurers, according to newswire Reuters.
Hiscox secures $750m new funding
Hiscox has secured a $750m syndicated three-year revolving credit and letter of credit facility.
Online search volumes for travel insurance rise
This is according to the latest research from Greenlight, which shows that search volumes for travel-related insurance since January have increased from 896 000 to 932 000.
MSN in Beat That Quote deal
Microsoft has confirmed it is to partner Beat That Quote for its price comparison site, MSN Compare.
EMB to partner Teradata
Data warehousing and enterprise analytics firm Teradata Corporation is to partner EMB, the global actuarial and business consultancy.
IFB appoints head of analytics
The Insurance Fraud Bureau has announced the appointment of Kevin Reid as head of analytics with effect from 28 June.
Tokio Marine to restructure to expand reinsurance and commercial property book
Tokio Marine, the global insurance group, has announced plans to expand its international reinsurance and large commercial property operations. It is also announcing the opening of new offices for reinsurance business in Switzerland and Australia.
Tokio Marine to restructure to expand reinsurance and commercial property book
Tokio Marine, the global insurance group, has announced plans to expand its international reinsurance and large commercial property operations. It is also announcing the opening of new offices for reinsurance business in Switzerland and Australia.
NIG launches property product
NIG will launch its premier property owners product to a broker panel on the 6 July.
Exeter Friendly launches health plans
Private medical insurer Exeter Friendly has launched a range of underwriting options on both its Health Cover for Me and Health & Stuff plans.
QBE to acquire Belgian reinsurer
QBE has signed a share purchase agreement to acquire Belgian-based specialist reinsurer Secura for €267m.
Ace boosts environmental risk team
Ace International has appointed Perrine Kalina to the new role of engineering coordinator and assistant underwriter in its environmental risk team.
Groupama outlines IPO timefame
Groupama is expected to float on the stock market in 2011 or 2012, according to its chief executive Jean Azema.
QBE to acquire Belgian reinsurer
QBE has signed a share purchase agreement to acquire Belgian-based specialist reinsurer Secura for €267m.
Ace boosts environmental risk team
Ace International has appointed Perrine Kalina to the new role of engineering coordinator and assistant underwriter in its environmental risk team.
Groupama outlines IPO timefame
Groupama is expected to float on the stock market in 2011 or 2012, according to its chief executive Jean Azema.
London market focused on M&A
Expansion, growth and mergers are highest on a list of issues of most concern to London market brokers and carriers, according to a recent survey.
Exclusive online interview: Michaela Koller
With the European insurance industry facing a time of increasing regulation and instability, Post Europe recently spoke to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking,…
Exclusive online interview: Michaela Koller
With the European insurance industry facing a time of increasing regulation and instability, Post Europe recently spoke to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking,…
DAS opens up shop in Canada
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company, will start writing business in Ontario on 5 July.
Dry spell linked to subsidence risk
As the Met Office confirms the first five months of 2010 in the UK to be the driest since 1964, it is likely there could be a rise in subsidence claims, according to Cunningham Lindsey.
RSA sets sights on yachts
RSA is set to launch a new specialist Yacht Alliance policy.
Brit rejects £10.50 share bid
The board of Brit Insurance has posted an update on the progress of its sale negotiations with private investment firm Apollo Global Management.