News
CNA targets mid to large companies with new products
CNA Europe has launched a new transport and logistics (T&L) package product aimed at mid to large-freight forwarders and contract logistics companies.
Chubb adds active underwriter to syndicate
Chubb Insurance has appointed Kevin Docherty as active underwriter for its Lloyd’s Syndicate, 1882.
HomeServe suffers blow to UK revenue following regulatory problems
HomeServe has reported improved revenue of £534.7m for the year ended March 2012, but regulatory difficulties in the UK business made an impact.
Aon Risk Solutions appoints Oval man for sales job
Aon Risk Solutions has appointed Matthew Alcott as sales and marketing director for its UK business.
RSA unveils mini global product
RSA has launched a new product for UK-based businesses with global exposure in up to ten countries.
FSA bans broker for client money breaches
The Financial Services Authority (FSA) has banned Essex-based insurance broking director Derek Wright from performing any FSA-regulated functions.
Steve McGill steps up to group president role at Aon
Steve McGill has been appointed group president at Aon in conjunction with his current roles as chairman and chief executive officer of Aon Risk Solutions.
Riot scheme not fit for purpose, says ABI
The Association of British Insurers (ABI) has called for an overhaul in the law that provides for compensation to be paid to the victims of riots.
Towergate losses peak at almost £16m in Q1
Towergate Holdings has reported a loss on ordinary activities after tax of £15.8m for the first quarter of 2012.
Record number of complaints to Ombudsman as PPI continues to dominate
The Financial Ombudsman Service has received a record number of complaints for the fifth year in a row as complaints about the selling of payment protection insurance (PPI) continue to pour in.
Colin Dallas, chairman of T L Dallas Group, passes away
The Bradford-based T L Dallas Group has announced that chairman, Colin Dallas, has sadly passed away.
The BGL Group expands board
The BGL Group has appointed David Downie to its board as group director of intermediated businesses.
Robert Hiscox slams "feeble" ABI
The outgoing chairman of Hiscox, Robert Hiscox, has hit out at the lack of expertise in the incoming regulator and lack of strength among industry representatives at a recent industry conference.
Insurers have still not embedded risk management in their own boards
The boards of insurance companies have still not implemented a fully effective risk culture in their organisations despite significant investment since the financial crisis of 2008.
RSA reshuffles global specialty division to support growth
RSA has organised its global specialty businesses into three key divisions.
Coface appoints new chairman
Laurent Mignon has been appointed as chairman of the board of directors at Coface.
Which? calls on government to tackle CMCs over PPI
Which? has written to the government urging it to clear up the claims process for people who were mis-sold payment protection insurance (PPI) and to tackle exploitative claims management companies (CMCs).
Aviva warned of possible credit rating downgrade
Standard & Poor’s (S&P) has placed the credit rating of Aviva on a negative watch with a 50% chance of a downgrade in the next three months.
Allianz reports increased GWP but says market remains "challenging"
Allianz Insurance has reported a 6.8% improvement in gross written premiums (GWP) for the first three months of 2012, but cited recession related claims costs as a hindrance to the commercial division of the business.
Mitsui Sumitomo at Lloyd's opens new service HQ in Dublin
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd’s and a member of MS&AD Insurance, has opened its headquarters in Dublin.
Biba 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Towergate pulls out of Cobra deal
Towergate has confirmed that it will not be making a bid for Cobra Holdings.
Aviva boosts motor fleet team in the North West
Aviva has appointed Andrew Howell as a motor fleet development underwriter.
Lorica continues expansion plans with sweep of appointments
Lorica Insurance Brokers has made four appointments at its regional operations.