All articles by Newsdesk – Page 50
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Tianjin blast could cost up to $3.3bn – Guy Carpenter
Explosions to become one of Asia’s largest insured man-made losses, says reinsurance broker
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Zurich global GI head Mike Kerner to leave at year end
Life boss Kristof Terryn will run GI business from 1 October
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Technology revamp costs push Co-op GI to £17m loss
But insurer reports underlying profit of £500,000 in first half as loss ratio improves
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Direct Line launches guaranteed hire car cover
New offering will be a standard feature of insurance brand’s comprehensive car policy
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MGA Nexus appoints ex-Howden boss Tim Coles as chief exec
Nexus founder and current group chief executive Colin Thompson will become executive chair
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Insurance sector ranked top for evading hackers
But more than half of insurance firms surveyed still admitted to losing data
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Allied World looks to Zurich for new casualty team hires
James Emerton and Martin Fisher will build the insurer’s UK and international corporate business
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AXA catches fraudster duo in personal injury scam
The claims for personal injury totalled £25,000
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Castel Underwriting hires aviation claims manager
Vanessa Powell will join Castel’s aerospace cell Altitude Risk Partners
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Flying cows and hitchhiking sheep top strangest motor claims
The collection was put together by motor aggregator site Confused.com
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Bluefin close to two more acquisitions as half of £35m warchest remains
But chief executive Robert Organ admits that organic growth is tough
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CFC launches online advice hub for cyber products
The online hub offers breach response templates and discount security software
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Broker Network launches own-branded e-trade products on Acturis
First products provided by AXA and Allianz, with more to follow
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43% of consumers do not trust driverless cars - uSwitch
More than a third expect the introduction of driverless cars to drive up their insurance premiums
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One in six UK SMEs do not have insurance
Hiscox survey of 4,000 businesses found that only one-in-12 had any form of e-risks cover
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Argo appoints chief risk officer from Amlin
Alex Hindson previously worked as chief risk officer at Amlin AG
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Former Gallagher execs to repay £2m as legal suit settled
Amount represents employee loans and retention awards
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MUM makes senior hire to support growth plans
Donna Clack previously worked for RSA and CNA as a professional indemnity underwriter
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Ex-Lloyd’s director Sue Langley to chair Gallagher UK
New non-exec role marks Langley’s return to insurance industry