Insurer
Nexus credit subsidiary swoops for Novae's MacLeod
Nexus CIFS has appointed the Novae Group’s Allie Macleod to the new role of business analyst.
Aviva rumoured to be planning sale of asbestos liabilities
Aviva is seeking to offload a £1bn portfolio of liabilities including the majority of its exposure to historic asbestos-related claims, according to reports.
Blog: Homes for Haringey v Barbara Fari and Piper Fari - A new era for fighting fraud
In the ongoing fight against fraud, contempt proceedings - often described as "the nuclear option" - could have a role to play, in the right case.
Birbeck to lead Axa's Glasgow branch as Maguire exits
The manager of Axa’s Glasgow branch, John Maguire, is to retire after nearly 34 years at the insurer.
S&P downgrades RSA
Standard & Poor’s has lowered RSA’s financial strength and issuer credit ratings from A+ to A, attributable partly to losses related to issues in its Irish operations.
Hong Kong's healthy innovation
Hong Kong’s health insurers are showing signs of innovation as the marketplace becomes increasingly crowded writes Nicky Burridge.
Generali takes full control of Philippines, Thailand and Indonesian operations
Generali has completed the acquisition from Kuok Group of the 40% interests held by the partner in Generali Asia, the holding company controlling the group's insurance operations in the Philippines, Thailand and Indonesia.
Gooding takes on IMO role for IUMI
The International Union of Marine Insurance has appointed a new representative at the International Maritime Organisation.
Gooding takes on IMO role for IUMI
The International Union of Marine Insurance has appointed a new representative at the International Maritime Organisation.
Almost 20% of motorists would consider telematics at next renewal
Nearly one in five motorists will consider taking out black box car insurance policies at their next renewal date as the technology goes mainstream, according to Consumer Intelligence.
Royal London Group in agreement to back MBO of RL360°
The Royal London Group has entered in to an agreement to support a management-led buyout of Royal London 360° and its subsidiaries for an undisclosed sum.
Toby Ducker appointed COO at BMS
BMS Associates has appointed Toby Ducker as its group chief operating officer.
Accenture partner swaps tech role for PWC insurance position
PWC has recruited Michael Spiteri as a partner in the firm’s insurance consulting team.
Consultants welcome timeframe clarity from Omnibus II decision
Consultancy firms have welcomed the Omnibus II agreement reached by the European Union trilogue parties saying the deal will provide insurers with much-needed clarity.
Kiln CEO champions 'profit not premium' following underwriting improvements
Kiln chief executive Charles Franks has praised his firm’s “strict underwriting standards” amid a challenging market conditions, after syndicates were forecast to deliver a profit for the 2011 and 2012 years of account.
Former NMB boss Reis to take on commercial role for CGSC
Cooper Gay Swett & Crawford has appointed Carlos Reis as commercial director of CGSC Holdings Brasil.
David Hertzell to chair CII's Professional Standards Board
The Law Commissioner for commercial and common law David Hertzell is to become the new independent chair of the Chartered Insurance Institute’s Professional Standards Board.
Talanx posts 8% increase in GWP in first nine months
German insurer giant Talanx posted an 8% increase in gross written premium in the first nine months of 2013 to €21.4bn.
Aviva underwriters and brokers to benefit from RoSPA partnership
Aviva has partnered with the Royal Society for the Prevention of Accidents in a bid to provide policyholders, underwriters and brokers with a range of health and safety-related benefits.
TT Club to insure Europe's largest logistics port
The TT Club will be providing liability cover for London Gateway, the UK’s largest deep-sea container port and Europe's largest logistics park.
Europe: Ready for the digital challenge?
It is difficult to overstate the impact of the digital revolution. To take one metric, the number of global mobile phone subscriptions is now 6.8 billion, according to UN agency The International Telecoms Union. It predicts that this figure will…
Insurers countering credit hire fraud despite rise in exaggerated claims
Fraudulent credit hire claims involving ‘artificial exaggeration’ have increased by 29% over the past two years, according to a study carried out by law firm DAC Beachcroft.
RSA CFO downplays S&P downgrade
RSA's chief financial officer Richard Houghton has responded to the firms downgrade by S&P saying the move brings it into line with the Moody's and Fitch.
Zurich reports £20m fall in UK GWP in first nine months
Zurich’s UK reported business operating profit of £113m in the first nine months of 2013, up 79% year on the same period in 2012.