Insurer
Non-life premiums in Vietnam reach VND17tn in first nine months
Non-life insurers in Vietnam achieved premiums of more than VND17tn in the first nine months of 2012, up 11.3% from the same period last year.
ING wins deadline reprieve for insurance divestments
Dutch Financial services group ING has won an extension to the period in which it must divest its insurance operation, after reaching an agreement with the European Commission and the Dutch state.
QBE replaces Ageas as commercial capacity provider to UK General
QBE has been appointed sole carrier for UK General's commercial insurance programme and its agricultural specialist business Rural Insurance.
Covéa names personal lines and electronic trading heads
Covéa has appointed Malcolm Cooper and Martin Scarrett as head of personal lines underwriting and head of electronic trading respectively.
Long-serving Marsh chair Moyan to lead global surety practice
The surety practice chairman of Marsh's international division has been selected to lead the firm's newly-created global surety practice.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
EC urged to limit bank bail-in mechanism
Insurance Europe has called on the European Commission to limit the potential use of the proposed 'bail-in' mechanism, under which authorities could write down the claims of unsecured creditors of a failing credit institution.
Generali names investor relations lead
Italian insurer Assicurazioni Generali has recruited Deutsche Bank's European insurance equity research head, Spencer Horgan.
GLP unveils legal expenses product for marine market
General Legal Protection has launched an innovative legal expenses and assistance product for the marine market after working closely with boat insurance specialist Bishop Skinner Marine.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Apil challenges MoJ portal plans
The Association of Personal Injury Lawyers has started a process that could lead to a judicial review into planned reforms of the Road Traffic Accident Portal.
Competition: Win tickets for England v New Zealand
Win tickets for England v New Zealand at Twickenham on 1 December with Post Online and QBE.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Allianz Commercial strengths Maidstone office
Allianz Commercial has made two new appointments to its Maidstone branch.
Lack of cyber liability cover may lead to fines for libellous Twitter users
Individuals without cyber liability cover who use social media such as Twitter to make baseless defamatory statements could end up being hit in the pocket.
Liberty to cut 285 Irish jobs
Liberty Insurance, the company which took over Quinn after it went into administration, is to make 285 Irish staff redundant.
Amice welcomes EC report on European mutuals
The Association of Mutual Insurers and Insurance Cooperatives in Europe welcomed the publication of the European Commission’s report on the current situation of mutual in Europe today.
MoJ reforms spark Questgates mediation pilot with Validus
Questgates has launched a pilot scheme with Validus of their Go2 Mediation service developed to provide an online liability mediation service, ahead of the incoming Ministry of Justice reforms.
AMICE backs European Commission report on mutuals
The Association of Mutual Insurers and Insurance Cooperatives in Europe has praised a European Commission study into mutuals for highlighting their value in light of European economic instability and the financial crisis.
Willis Group moves to one IT platform
Willis Re has moved 500 of its international employees onto one single software platform for the first time.
Willis implements Sequel software in UK and India
Willis Re, the reinsurance arm of global broker Willis, has implemented Sequel’s Eclipse broking software.
Liberty to axe Irish jobs
Liberty Insurance is to shed 285 jobs in Irish offices on both sides of the border.