Insurer
Mapfre Assistance opens in Ireland creating 70 positions
Mapfre Assistance has opened a new assistance centre in Galway.
Aspen Re enhances risk management in China
Aspen Reinsurance has licensed Air Worldwide's multiple peril crop insurance model for China to enhance its risk management capabilities in catastrophe-exposed agricultural regions of the country.
Indian FDI raise could drive broker M&A
India's insurance broking industry may see a rise in mergers and acquisitions if the proposed increase in the foreign direct investment limit is passed by parliament, according industry sources.
Asia View from the Top: Are we ready for a perfect storm in China?
The recent development trend in the insurance market in China has generated new challenges for the insurance market. But by no exaggeration, it could be a 'perfect storm' to reshape the industry.
Hiscox appoints head of catastrophe research and two trainees
Hiscox has appointed Dr Richard Dixon as group head of catastrophe research, and expanded the London Market reinsurance team with two recruits.
Risk management linked to good corporate performance
Maturity of risk management processes is correlated with sustainable improvements in corporate performance, according to the 2012 Risk Management Benchmarking Survey of the Federation of European Risk Management Associations.
Hiscox names catastrophe research lead
Hiscox has swooped to appoint a group head of catastrophe research, as well as adding two to its Lloyd's non-marine team.
IUA report shows £22bn of 2011 premium income controlled by London
The amount of wholesale and commercial business governed by London companies reached a combined premium total of £22bn last year, according to statistical analysis by the International Underwriting Association.
Allianz recruits Liberty Mutual financial lines underwriter
Allianz Global Corporate & Specialty has appointed Elke Vagenende as head of product development, financial lines (UK).
Nexus to establish new MGA following CIFS purchase
Nexus Underwriting has exchanged contracts for the purchase of Credit Indemnity and Financial Services from Novae Syndicates.
Allianz boosts financial lines team with Liberty hire
Elke Vagenede has been appointed as head of product development for financial lines at Allianz Global Corporate and Speciality.
PRA aims for "judgement-based" approach
Two documents outlining the Prudential Regulation Authority's approach to supervision when it is established in April 2013 have been presented today to stakeholders.
Arista expands Southampton office
Arista Insurance has appointed Paul Avery to its Southampton office to help manage the underwriting team.
Aegis targeting short-tail marine with underwriting appointments
Aegis London has recruited two underwriters to lead a book of short-tail marine business, following their appointments on 8 November.
Ace shuffles UK regional management
Ace has created three new roles and appointed a new London and South East regional manager for corporate in a bid to boost relationships with brokers and clients.
Low interest rates and claims inflation hitting profits, warns Munich Re
The impact of persistently low interest rates on investments and the growing risk of inflation for severe bodily injury claims are cause for concern for the insurance industry, Munich Re has warned.
RSA wins staff development awards
RSA has been handed two gongs by the Chartered Institute of Personnel Development.
Chartered broker websites 'overlook the basics', report finds
Brokers are downplaying their chartered status on company websites, according to research commissioned by Axa Commercial Lines and Personal Intermediary.
Kennedys finance staff at risk of redundancy
Kennedys law firm has started a redundancy consultation with 70 staff in its finance department as part of plans to consolidate the non-legal department.
Generali rejigs business structure
Italian insurer Generali has overhauled its business structure in a bid to ensure the group is managed "in a more integrated way".
Car insurance at two-year low but young driver rates rising
Car insurance premiums have shrunk to their lowest level in more than two years, according to price comparison site Tiger.
Post Blog: Innovate or withdraw
The FCA is likely to take a hard line on products that are not in the best interests of consumers, and insurers could be left with difficult decisions.
Autonet recruits Carole Nash HR boss
Van insurance broker Autonet Insurance has appointed Penny Copeland, pictured, as director of human resources with immediate effect.
Indonesia or bust?
Indonesia offers considerable opportunities for foreign insurers, but the market is not without challenges.