Insurer
Consolidation expected as China relaxes M&A rules
KPMG is predicting an increase in sector consolidation following China’s decision to relax merger and acquisition rules for its insurance industry.
Unrated insurers tighten grip on solicitors' PI market, states report
Unrated carriers have consolidated their market share within the solicitors’ professional indemnity arena, according to an annual study by the Law Society.
C-Suite Europe: Insurers and banks - an important distinction
You will be familiar with the expression: "If it looks like a duck, swims like duck, and quacks like duck, it probably IS a duck."
Capita hires former Staysure deputy to head specialist insurance businesses
Capita has appointed Andy Bord as managing director of its specialist insurance businesses which include National Dental Plan, Fish and Capita Specialist Insurance Solutions.
New PI report seeks to dubunk myth of 'compensation culture'
Personal injury sufferers in the UK face losses of thousands of pounds, as well as financial and emotional hardship, according to a report commissioned by National Accident Helpline.
Aviva sells stake in South Korean life business
Aviva has sold its 47% stake in South Korean business Woori Aviva Life Insurance to Nong Hyup Financial Group.
Judge dismisses £60k claim for nightclub accident
A judge has thrown out a £60 000 claim for an alleged nightclub dance floor accident citing lack of credible evidence.
Marsh France COO Cipiere to lead RSA's French business
RSA has appointed Marsh France chief operating officer Corinne Cipiere as its new managing director in France.
The Big Debate: Scottish independence
by Rachael Adams
Zurich UK CRO Dodds exits the business
Zurich’s chief risk officer for UK general insurance Gerald Dodds has left the company after 10 years in the role.
The calm after the storm
Not wishing to tempt fate, but the current respite from the deluge of rain and heavy winds seen at the start of the year has offered a moment to reflect on our immediate response to an unprecedented volume of storm claims, ranging from minor damage to…
BGL follows Les Furet with Hoy Hoy for Dutch market
BGL Group has rebranded its price comparison business in the Netherlands as Hoy Hoy.
Brightside CEO puts ball in Markerstudy's court on potential sale
Brightside chief executive Paul Williams has refused to hang a 'for sale' sign over the broker as he plots to launch a managing general agent this summer.
ABI investment arm to merge with IMA
The Association of British Insurers has agreed to merge its investment activities with the Investment Management Association, creating a new trade body.
Chase Templeton snaps up Scottish PMI specialist
Private medical insurance specialist intermediary Chase Templeton has completed its second acquisition within a week with the purchase of specialist Glasgow intermediary Chartered Life.
Hastings boss positive on motor market after increasing rates
Hastings chief executive Gary Hoffman believes 2014 could be the year the motor market finally turns, after revealing that his firm has begun increasing motor rates.
Cross-border insurance: a new opportunity?
As prudential regulation across Europe is set to become unified with the planned implementation of Solvency II, Katie Marriner looks at how the likelihood of cross-border insurance becoming a reality is being considered.
Hastings posts reduced profits but continues GWP growth
Hastings reported a £10.8m drop in profit before tax for the 2013 financial year to £49.6m (2012: £60.4m)
Nicky Morgan replaces Sajid Javid as 'insurance minister'
Economic secretary Nicky Morgan is stepping up to replace financial secretary to the Treasury Sajid Javid following his appointment as culture secretary in the wake of the resignation of Maria Miller.
Co-op adamant sale uncertainty did not hurt business
Senior insurance bosses at Co-operative Insurance claim uncertainty around the sale of the business did not impact momentum within the company last year.
RSA rights issue receives subscriptions for 95.67% of shares
RSA chief executive Stephen Hester has welcomed “the successful outcome of our rights issue” after the insurer found subscribers for 96.67% of the new ordinary shares issued.
UK among most SII ready but Pillar 3 presents 'major challenge'
Nearly 80% of European insurers expect to meet Solvency II requirements before January 2016 with Dutch, UK and Nordic firms outstripping their French, German, Greek and Eastern European counterparts in terms of readiness.
Public and insurers prepare for cyclone Ita in Queensland
Cyclone Ita, currently a strong category 3 storm, is expected to make landfall in North Queensland, Australia, on Friday 11 April.
Fosun in HK$5.18bn refinancing
Chinese conglomerate Fosun International, which owns large stakes in several insurance companies, is planning a HK$5.18bn ($668.1m) rights issue to raise capital.