News
IIB 'delighted' with FSCS funding review decision
The Institute of Insurance Brokers (IIB) has welcomed news that the Financial Services Authority (FSA) is to restart its funding review of the Financial Services Compensation Scheme (FSCS).
Axis makes international appointment
Axis Global Accident & Health has appointed Jamie Cañellas as senior vice president and business development manager for its international operations.
Biba backs FSCS funding review
The British Insurance Brokers’ Association (Biba) has given its full backing to the Financial Services Authority (FSA) following its announcement that it is restarting its funding review of the Financial Services Compensation Scheme (FSCS).
Axa adds to commercial lines senior team
Axa Commercial Lines has made three senior appointments and promised to bring new products to market.
QBE appoints new national general manager
QBE has appointed Elliot Miller as national general manager.
Liberty to open Leeds office
Liberty Mutual Insurance (LMI) is to open an office in Leeds with the aim of boosting growth in the mid-market commercial lines sector.
XL launches life science insurance solutions
XL Group has launched a new range of insurance solutions for the life science industry.
Peter Staddon joins Devitt
Peter Staddon has joined Devitt as broker personal lines executive director, Insurance Age’s sister title Post has learnt.
Markel launches liability contract for UK media
Markel UK has launched a new liability contract providing coverage on a civil liability basis for media liability to meet the growing risks facing the UK media industry.
Board changes at Swiss Re
Robert Henrikson is the Swiss Re board of directors’ choice to succeed Robert Scott on the board once he resigns on reaching retirement age.
Cobra posts loss following sale of broking business
Cobra has posted a £1.74m loss despite growing revenues to over £24m.
OFT continues to target private motor over competition concerns
The Office of Fair Trading (OFT) has opened a consultation aimed at addressing competition issues in the private motor market.
Insurance Age blog: A month in insurance
I don't know anything about insurance. I don't have any insurance, and I've never knowingly read an insurance magazine in my life.
Andrew Torrance succeeded by former Swiss Re chief at ClimateWise
ClimateWise, the global insurance industry’s leadership group to reduce the risks of climate change, has appointed former Swiss Re CEO John Coomber as its new chairman.
Business insolvencies drop to lowest point since February
The latest Insolvency Index from Experian has revealed that the rate of insolvencies has dropped to its lowest point since February.
FSA chairman says regulation may be holding the economy back
The chairman of the Financial Services Authority has admitted that regulation may be holding the economy back.
Axa, Allianz and QBE in the frame for HSBC
Allianz and Axa are among the potential bidders for HSBC’s general insurance business, according to reports.
Amlin makes senior board appointment
Amlin has appointed Sir Alan Collins as an independent non-executive director with effect from 14 November.
APC launches two new products
APC is to replace its current property owner’s products with new residential and commercial landlord’s products.
Novae enhances online product offering
Novae has added three new areas of cover to its online offering to brokers.
Complaints about general insurance increase
The Financial Services Authority (FSA) has published the aggregate complaints figures for the first half of 2011.
Second CCV-controlled Welsh broker shuts offices
Antur Insurance, recently acquired by CCV, has closed three offices.
ABI issues guidance on company boards and pay
The Association of British Insurers (ABI) has published its first report on Board Effectiveness and issued revised principles of executive remuneration.
ECIC targets regional growth
The Electrical Contractors’ Insurance Company (ECIC) has recruited John Flaherty as a regional business development executive for the Midlands, Wales and South-West England.