Insurer
Competition Commission: Point-of-sale PPI should be banned
The Competition Commission has provisionally decided that consumers will benefit from the introduction of a point-of-sale prohibition for all forms of payment protection insurance, with the exception of retail PPI.
European GI CEO Annette Court out in Zurich reshuffle
Zurich Financial Services today announced a streamlined management structure and related senior management appointments. The changes come into effect on 1 July.
Garwyn names new CEO
Garwyn has appointed the former chairman of glaobal sales at Xchanging, Stewart McCulloch, as its new chief executive.
Chartis: FSA, SFO and HSE investigations of most concern
Companies are most concerned about the threat of investigations by official bodies, according to delegates at a seminar held by Chartis Insurance UK.
Aviva names Hudson as personal line broker boss
Sam Hudson has been appointed head of broker personal lines for Aviva.
French insurance group sees international revenue soar
CNP Assurances recorded €9.4 bn in premium income, of which €1.9 bn came from operations outside France, in the first quarter of 2010.
German insurer unveils new board members
German insurance group ERGO has appointed a new supervisory board at its AGM.
Cypriot deal finalised
Eureko has closed the sale of 98.9% of shares in Interlife Insurance and 100% of the shares in Interamerican Assistance to Rodardo.
French insurance group sees international revenue soar
CNP Assurances recorded €9.4 bn in premium income, of which €1.9 bn came from operations outside France, in the first quarter of 2010.
German insurer unveils new board members
German insurance group ERGO has appointed a new supervisory board at its AGM.
Cypriot deal finalised
Eureko has closed the sale of 98.9% of shares in Interlife Insurance and 100% of the shares in Interamerican Assistance to Rodardo.
Explorers reach North Pole after 60 day survey trek
A team of three British explorers described as 'the world's toughest' reached the North Geographic Pole today ending a 60 day scientific survey across the floating sea ice of the Arctic Ocean.
JLT's share price hits 12 month high on Aon acquisition talk
Shares in Lloyd's broker JLT continued to rise this morning following speculation that Aon is preparing to buyout its major shareholder.
LCP warns on pension buyout demand
The cost to companies of transferring their pension scheme risk to an insurer looks set to rise as demand starts to outstrip supply, according to LCP Pension Buyouts 2010 published by Lane Clark & Peacock LLP.
Quinn administrator pulls plug on UK PI business
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
$25bn African microinsurance market mostly untapped, finds report
Little over 2% of Africa's 700 million working poor are covered by insurance, representing a vast untapped opportunity for social and economic development, according to a new study by the Microinsurance Innovation Facility of the International Labour…
XL remains in S&P 500 index
XL Capital will remain in Standard and Poor’s 500 index following redomestication of the parent holding company from the Cayman Islands to Ireland.
Quinn administrator pulls plug on UK PI business
Quinn Insurance will not reopen its professional indemnity business in the UK despite the likelihood it will recommence underwriting other commercial lines.
XL remains in S&P 500 index
XL Capital will remain in Standard and Poor’s 500 index following redomestication of the parent holding company from the Cayman Islands to Ireland.
Fraud - Customer knowledge: Getting to know you
With identity fraud a growing problem, Stephen Teeling argues the case for insurers to follow banks in validation techniques and ask for more information.
Risk management: Understanding risk
The difference between insurers and banks is being increasingly ignored and Adrian Brown says this is making risk management even more important.
Fraud - MOJ reforms: Against the clock
With the MoJ's 15-day timeframe for insurers to make liability decisions on third-party injury claims from road accidents now in force, Veronica Cowan examines whether the increased time pressures risk rendering the reforms little more than a cheat's…
Round table - E-trading: Progress through technology
Technology plays an important role in delivering products efficiently and in a more economic fashion. A panel of experts debate why take up of e-trading has, therefore, been so slow in commercial lines. Amy Ellis reports.