Insurer
Apil withdraws from fixed costs mediation
Body ends fast track discussions with Civil Justice Council and Lord Justice Jackson.
Pick of the week
Baugh calls on industry to self-police remuneration policy; Greed hitting fight against uninsured driving; RBSI kicks off search for claims MD; LV to increase commercial footprint; and SME direct policy purchases combating the downturn
US premiums up 15% in Q2
UK D&O premiums yet to reach US highs
Oliva agrees software deal
Total Objects to provide support for MGA
Biba and ABI help launch guide for solicitors PI
Insurers, brokers and solicitors issue guidance on PI renewal process.
Torus raids XL and Hiscox for new division
XL London market boss O'Donohue and Hiscox Europe's Van der Veer join Torus' global specialty business.
Chubb appoints new UK and Ireland property claims manager
Mark Jordan promoted to head property claims role.
Liberty International Underwriters Europe appoints European chief counsel
Nigel Davenport joins from First Title Insurance.
The glass ceiling
Lloyd's and the London Market have been described as the last great male bastions. Worldwide, from broker to boardroom, women are under-represented in reinsurance. Mairi Mallon looks at how things are changing in the global market - slowly.
Kane boosts staff with senior execs from Marsh and Aon
Kane Group, formerly Heritage Kane Group, has boosted its numbers with hires from Marsh and Aon.
AIG sells parts of its asset management business for around $500m
AIG sells part of its asset management business for $500m.
CII warns of widening skills gap
CII members feel UK is behind its competitors in skilled workforces.
Insurance merger activity to increase in 2010
Mergers to grow in soft market, Willis says.
Kidnap and ransom insurance rates set for increase
Aon urges ship owners to seek quotes to beat rise.
Californian wildfires declared arson
The Californian wildfires were started as an act of arson.
Over $200m in residential value exposed to California fires
Over $200m could be exposed to the Station Fire in Southern California, First American has said.
Allianz launches plant machinery guide
Insurer produces online guide for brokers.
Groupama to make management changes in wake of Lemoux retirement
Jean Francois Lemoux’s impending retirement prompts reshuffle.
QBE develops London market property team with new hires
Matt Role and Mark Beattie join QBE as portfolio managers.
Liberty Mutual is claiming $1bn in damages against AIG
US insurance giant in workers compensation lawsuit against its rival.
Hurricane Jimena hammers Mexican coastline
Pacific hurricane hits Mexico coastline.
The great wall of China
Loss adjusters looking to break into the Chinese market still have to surmount significant obstacles, warns Simon Chick.
Fulfilling eastern promise
Firms hoping to break into the lucrative Chinese market will have to prove that they can add value and sustainability - as well as satisfy the country's thirst for knowledge, says Veronica Cowan.
The right tool for the job
Mediation in disputes has some concrete benefits, including significantly reducing costs, says Leigh Jackson, but forcing parties to use a one-size-fits-all protocol might lead to resentment and the process becoming meaningless.