Insurer
Coface to get French state fund aid for partial IPO
The French state is likely to lend a helping hand to investment bank Natixis in selling its credit insurance unit according to newswire Reuters.
Aviva appoints new strategy director
Aviva France has appointed Pierre-Emmanuel Lefebvre as deputy director of strategy and development. Stanislas Belot is to replace him as secretary of the executive committee.
Dawson Whyte land NI pub advisory role
Insurance and risk management firm Dawson Whyte has been appointed to provide support to members of the Northern Irish pub association The Federation of the Retail Licensed Trade.
Aviva appoints new strategy director
Aviva France has appointed Pierre-Emmanuel Lefebvre as deputy director of strategy and development. Stanislas Belot is to replace him as secretary of the executive committee.
Aviva proposes end to final salary pension scheme
Aviva has entered a consultation with its UK employees including RAC staff, regarding proposals to end its final salary pension scheme.
UAE premium growth shifting away from commercial sectors – S&P
A ratings agency report on the United Arab Emirates shows insurance penetration in the region is still growing, with geographical distribution similar to previous years, premium growth has shifted to the personal/retail sectors from commercial sectors…
ABI hits out at "act of God" myth over travel claims
The Association of British Insurers has hit out at the "urban myth" that insurers are relying on an “Act of God” clause to refuse claims from customers stranded abroad by the ongoing aviation disruption.
Amlin takes 25% stake in new Charles Manchester MGA
Charles Manchester, former CEO of Dickson Manchester and HCC International, has teamed up with Michael Cant, previously director at Saturn Professional Risks, to form a new MGA called Manchester Underwriting Management.
AIG linked with Goldman Sachs legal action as Clegg weighs in
AIG is reported to be considering action against Goldman Sachs.
Hiscox backs new underwriting start up
White Oak Underwriting Agency has commenced underwriting, initially targetting the 'automobile and mobile equipment industries'.
FSA playing hard ball over Quinn's UK return
The Financial Services Authority is reported to be playing hard ball over Quinn's re-entry into the UK insurance market.
FSA playing hard ball over Quinn's UK return
The Financial Services Authority is reported to be playing hard ball over Quinn's re-entry into the UK insurance market.
Penny Black's insurance week
Penny was intrigued to discover the re-emergence of an age-old rumour this week, Morrisons is, apparently, back on the radar of insurers.
Postscript 30 years ago: Mancunian speaks out over fraud
The Manchester Marine Insurance Association had its 76th annual general meeting last month. Its outgoing chairman, Mr H E Wright of Eagle Star made some pungent comments that are worthy of record in this day and age of supertanker scuttlings and the rest.
Defaqto
Defaqto has appointed Zahid Bilgrami as chief operating officer, with a view to driving performance improvements, inorganic growth and operational excellence.
Law reports: Contributory negligence ruling is overturned at appeal
Osei-Antwi v South East London & Kent Bus Company (Court of Appeal — 19 January 2010)
Law Reports: Case bucks current trend for anxiety and stress payouts
Eribo v Odunaiya and Logic Plough Property (Queen's Bench Division — 19 February 2010)
Law Reports: Claimant fails to shift blame in electrocution judgment
Paul Tyrone Mann v Northern Electric Distribution (Court of Appeal — 26 February 2010)
SME Affinity: Learning to fly
The SME sector may well be worth £9bn, but for non-insurance brands it is proving a tough affinity market to crack. Alistair Hardie explains how micro-commercial can be made profitable for all.
Regional Review - Glasgow: Local strength
With significant activity already in 2010 and the emergence of a new financial district, the Glasgow insurance market looks set for further growth. Mairi MacDonald assesses the financial landscape in Scotland's largest city.
QBE to trial psych testing
QBE is to trial behavioural assessment firm Thomas International in a bid to improve the risk management of its fleet driver clients.
Credit hire bodies to merge
Members of the Accident Management Association and National Association of Credit Hire Operators have agreed to a planned merger after they were consulted on proposals.
Editor's comment: Industry must not lose face under ash cloud
The volcanic ash that has grounded many passengers over the last week has certainly thrown the insurance industry into the spotlight again. With thousands of flights cancelled and people left stranded all over the world, the issue of travel insurance…
Aviva pensions proposal
Aviva has entered a consultation with its UK employees, including RAC staff, regarding proposals to end its final salary pension scheme.