Insurer
Insurers urged to comply as US regulator turns to Lloyd’s in Iran sanctions inquiry
The New York regulator’s request for information on sanctions breaches from Lloyd’s of London indicates the watchdog’s attentions have shifted away from banks and onto insurers, market insiders have warned.
Aldermanbury successor unclear as some insurers struggle to meet its terms
Taskforce behind declaration yet to discuss its direction beyond end of 2013
Insiders fear Aviva is ‘falling apart’ as Clayden follows Deakin out the door
Industry insiders have expressed their shock at Dominic Clayden’s imminent departure from Aviva and expressed doubt over the insurer’s ability to influence wider markets without him.
Underwriting Agencies Council targets New Zealand
The Underwriting Agencies Council, which represents Australia's underwriting agencies, is targeting more members in New Zealand.
Q+A: Juan Luis Ortega, regional president, Asia-Pacific, Ace
Juan Luis Ortega (pictured) talks to Insurance Insight after starting his role as regional president, Asia-Pacific, Ace at the beginning of September after his predecessor Damien Sullivan was promoted to chairman of the region.
Canopius appoints human resources leader
Canopius Group has named Barbara Turner group head of human resources.
Clients of rogue PIs urged to seek legal advice
Clients of rogue private investigators have been urged to take legal advice as the Information Commissioner’s Office launches an investigation into the firms.
Ask the expert: How can I ensure my employees take pride in their work?
Some 90% of insurance professionals feel proud to work in their profession, according to research by Randstad Financial & Professional. They are, by some distance, the most happy with their professional image compared with other sectors - the UK average…
Market Moves: Brokers lead the charge again as Bluefin and US Risk add fresh faces
Brokers dominated the recruitment space once again this week, with Bluefin and Howden among the firms to add new faces. Having brought in Dane Douetil to head up BMS Group last week, subsidiary Pioneer Underwriting has swooped for an equally high-profile…
Axa pulls out of pet insurance market
Axa Direct and Partnerships is looking for an insurer to take over its pet insurance client base after deciding to stop offering the product
Skuld grows Lloyd's cargo operation
Marine insurer Skuld has bolstered its cargo unit with a new hire and an internal promotion.
Skuld boosts cargo team with new duo
Marine insurer Skuld has bolstered its cargo operation with a new hire and an internal promotion.
90 jobs go at Direct Line Glasgow as first part of cost-cutting exercise
Direct Line is to axe 90 roles in Glasgow as part of cost-cutting measures announced last June.
Law report: Supreme Court's excess layers ruling to be welcomed by the insurance industry
This law report has been contributed by law firm Berrymans Lace Mawer.
SME: On board the enterprise
The SME space is a key battleground for the future of the industry. But if SMEs can do business direct online, where does that leave brokers? By Mark Sands
Investment: Diminishing returns
Insurers are predicted to find it increasingly difficult to make high yields from investments, so what can the industry do to turn the tide and increase returns?
Moody's unveils Dubai insurance team
Rating agency Moody’s has launched a dedicated insurance analytics team in the United Arab Emirates, centred in Dubai.
Miller appoints new marketing director
International insurance, professional and investment group Thomas Miller has appointed Kevin Sweet as group marketing director.
Markel swoops for Marketform marine claims boss
Markel has bolstered its marine claims operation with the recruitment of Marketform’s head of marine claims.
Beazley launches emergency evacuation product
Beazley has launched an emergency evacuation cover product to assist in the case of kidnappings, natural disasters and political risk.
Hong Kong premiums grew 14.5% in first half
The Office of the Commissioner of Insurance says the industry grew 14.5% in the first half of 2013, with total gross premiums for the end of June at HK$143.7bn ($18.5bn).
Ashgrove acquires Manchester-based broker
Ashgrove Insurance has bought Manchester-based broker Lloyd Howard Insurance Services.
Chinese insurer sets up joint funds venture
China Life Insurance is the first insurer to utilise new rules allowing Chinese insurance companies to set-up a fund management company offering public mutual funds to retail and institutional investors.
Biba hits back at "ill-informed" Law Society PI comments
The British Insurance Brokers' Association today described the Law Society's recent comments on solicitors professional indemnity cover as ‘ill-informed’ and ‘self-promoting’.