- NIG has new targets set for SME markets.
- A new office to open in Beijing for Catlin.
- CHUBB declares high first quarter profits of $506 million
- MMA has been very successful in Commercial Business Insurance reporting a 40% rise.
- Professional Insurance Agents Ltd ready to launch in USA, Canada, and Bulgaria in second half of 2012. CEO Graham Hearsey said we should be launching in each of these countries with our online Multiquote and Buy mainly in financial lines such as Professional Indemnity Insurance and Directors & Officers insurance covers. Our software has been welcomed by brokers in these countries.
Thursday, 26 April 2012
Wednesday, 25 April 2012
Insurance News
- Stats show that premiums are on the increase for female drivers
- Cover for home emergency policies has attracted record complaints
- Towergate has purchased another 3 brokers in the UK region.
- Professional Insurance Agents Ltd appoints new directors in their business development department and this is to include responsibility for new appointed representatives and increasing its financial lines business in Professional Indemnity Insurance and Directors & Officers covers.
- Gallaghers targets Groupama brokers
- Aviva sacks 1300 staff in email error.
- Cover for home emergency policies has attracted record complaints
- Towergate has purchased another 3 brokers in the UK region.
- Professional Insurance Agents Ltd appoints new directors in their business development department and this is to include responsibility for new appointed representatives and increasing its financial lines business in Professional Indemnity Insurance and Directors & Officers covers.
- Gallaghers targets Groupama brokers
- Aviva sacks 1300 staff in email error.
Tuesday, 24 April 2012
China & North Korea Remain Firm Allies
With North Korea relying on China for its closes trading partner and the
Chinese President has pledged his support to North Korea.
All of this comes on the back drop of the failed rocket launch on the 13th April.
Tension between South and North Korea couldn't be higher with the USA raising allegations that a missile launcher seen in Pyongyang last week was of Chinese origin and there are signs that North Korea maybe planning a third nuclear test soon.
All of this comes on the back drop of the failed rocket launch on the 13th April.
Tension between South and North Korea couldn't be higher with the USA raising allegations that a missile launcher seen in Pyongyang last week was of Chinese origin and there are signs that North Korea maybe planning a third nuclear test soon.
Has The UN Got it Right in Syria?
According to reports over 70 people were killed in Hama, by a apparent crack
down by the Syria Government troops.
the US said that the UN monitoring mission was "risky and dangerous, with only a few current monitors on the ground trying to observe the promised cease fire".
The UN wants to increase its monitors to 300 with Kofi Annan due to meet the security council on Tuesday.
the US said that the UN monitoring mission was "risky and dangerous, with only a few current monitors on the ground trying to observe the promised cease fire".
The UN wants to increase its monitors to 300 with Kofi Annan due to meet the security council on Tuesday.
Monday, 23 April 2012
Insurance FSA Changes
FSA has stated that it needs around 16% more funding as it final year as our regulator.
They have talked about 'Twin Peaks' to try and start mirror imagining the new regulator, stating that it has a "chance to get it right for the future".
The idea will be to have two groups of supervisors, one dealing with prudential code and the other focusing on broker conduct.
They have talked about 'Twin Peaks' to try and start mirror imagining the new regulator, stating that it has a "chance to get it right for the future".
The idea will be to have two groups of supervisors, one dealing with prudential code and the other focusing on broker conduct.
Tuesday, 17 April 2012
News in brief
Anders Behring Breivik Goes On Trial
The an who killed 77 people and a bomb attack in Norway goes on trial in Oslo. He came into the court room smiling and doing a Nazi salute. He is expected to plead not guilty.
USA Tornadoes take the lives of people
It is reported that at least 5 people have been killed by the tornadoes in Okolahoma. Other states Kansas, Lowa, and Nebraska saw twisters and high storm activity.
Friday, 30 March 2012
Insurance News
1. The new Covea set up will leave MMA chief team in company as executive deputy chairman.
2. Towergate brings back Richard Senior as managing director.
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