Insurer
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
RSA opens Dubai office
RSA has been granted permission to operate in the Dubai International Financial Centre, starting on 18 November.
Top five European news stories
The top five European news stories from wwww.insuranceinsight.com over the past seven days.
EC must ensure revised IMD is not a burden for industry
Insurance Europe today urged the European Commission to ensure that revisions to the Insurance Mediation Directive to protect consumers are "flexible and proportionate".
Premium Credit lining up strategy head replacement
Newly acquired finance company Premium Credit is to announce a new head of business strategy this week after former incumbent and chief operations officer Jonathan Cattle left in the summer.
BNP Paribas' insurance arm turns lender
The insurance subsidiary of French banking group BNP Paribas will take on the job of lending to companies as tougher regulations ramp up the cost of traditional loans, Reuters reported.
Collinson to complete One Group purchase
Collinson Insurance Group has inked a deal to acquire claims handler One Group, subject to due diligence.
Ince & Co appoints new corporate insurance partner
International law firm Ince & Co has appointed Richard Britain as head of corporate insurance.
Capco to offer insurance services in Europe
Global business consultancy Capco will offer insurance services throughout the UK and continental Europe.
Swinton expands commercial reach with purchase of Stroud-based broker
Swinton has acquired Alexander James Commercial for an undisclosed sum in a deal designed to expand the firm's commercial reach across the UK.
Munich Re launches "milestone" offshore wind cover
German insurance giant Munich Re has become the first insurer to offer serial loss cover for offshore wind turbines.
Willis UK's Wilkinson joins RSA
RSA has appointed former Willis UK Retail chief executive Dan Wilkinson as mid-market regions director.
Changing regulations could see insurers increase lending role
European insurers have untapped potential as investors and sources of funding, according to a study published by Allen & Overy.
Aria to offer home cover for Pru Health customers
Aria Assistance has signed a deal with Pru Health to provide the health insurer's policyholders with home cover following a discharge from hospital.
McLarens expands all-Ireland business
Loss adjuster McLarens has expanded its offering in the North and the Republic of Ireland with the opening of a new office in Derry, its 14th in the UK and Ireland.
Open GI names product development head
Systems provider Open GI has moved to bolster its product development operations with the appointment of Kerri Finnegan to head the department.
Iran defiant over insurance sanctions
Iran's vice president Mohammad Reza Rahimi has dismissed EU and US sanctions as futile, saying that Tehran has turned the threats into opportunities for the country's insurance sector.
Aon underlines Midlands expansion with new Birmingham office
Birmingham business leaders and community figures attended the opening of Aon Risk Solutions' new office in the city, as the company's long-term investment in the region gathers momentum.
Solvency II principles 'ruined' by implementation
Frustration in the insurance industry over the introduction of Solvency II is at an all-time high, according to new research.
Groupama Insurances launches software house integration
Ageas subsidiary Groupama Insurances has launched its first e-traded product on Open GI, Acturis and Insurecom.
Solvency II considered 'too complicated’, research finds
The insurance industry is increasingly critical of Solvency II, with a large number claiming the principles of the directive had been “ruined” by the implementation.
Hong Kong insurers see 10% premium rise in first nine months
Hong Kong's insurance industry posted a 10% increase in gross premiums in the first three quarters of 2012, to reach $190.1bn, figures published by the Office of the Commissioner of Insurance showed.
Ex-Lockton business operations boss Barwell moves to Giles
Giles has appointed former Lockton risks solutions boss Stephen Barwell to the role of head of business operations.
Transactor secures Minster Court base
Insurance software house Transactor's London market operation is to move into the London Underwriting Centre from February 2013.