As of April 1st members of Broker Network (BN) will be able to trade with commercial insurer MMA Insurance plc via BN’s Network Trading Room. MMA plc is a wholly owned subsidiary of French multi-national insurer, MMA IARD Assurances Mutuelles. …
Liberty Mutual Insurance Europe (LMIE), a member of the Liberty Mutual Group, has confirmed more details of its expanded regional office network and management team to beef up its move into the UK’s commercial lines mid-market. To support the commercial …
AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, announced two senior additions to its International operation, based in London. Rob Smart has been named Senior Vice President and International Reinsurance Manager he will be responsible “for …
The Association of British Insurers has endorsed recently announced government proposals to reform the UK’s civil litigation procedures. The ABI said the reforms would “put the brake on runaway legal costs and mean a better deal for genuine claimants and …
The UK government’s recently proposed budget contain a number of measures aimed at helping UK firms to increase their business, and to make them more competitive. As the UK’s insurance industry is one of the country’s most successful sectors, it …
The British Insurance Brokers’ Association (BIBA) released the key findings of its Future of Regulation research on Monday March 21 at a Parliamentary Reception in the House of Commons, to an audience of MPs, civil servants, Lords and the industry. …
Chaucer Holdings PLC, the specialist Lloyd’s insurance group, has announced that it has reduced its best estimate for claims arising from the 2010 New Zealand earthquake and Australian floods. Chaucer previously reported that its combined estimated total loss from these …
The Association of British Insurers has appointed Otto Thoresen as its new Director General, effective on April 4. Thoresen is currently the Chief Executive of Aegon UK and a member of the Board of Management of AEGON N.V. He was …
“The decision by the European Court of Justice (ECJ) to ban the use of gender in insurance policies from December 2012 is disappointing news,” states a bulletin from the Association of British Insurers (ABI). The UK’s insurance industry “has fought …
The UK-based RSA Group (formerly Royal & Sun Alliance) came through 2010 with a good earnings performance, despite what its report described as “extreme weather conditions.” RSA summarized the highlights as follows: Net written premiums of £7.5 billion [$12.1 billion], …
