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Sir Paul Smith to design Bluefin sponsored ‘Gromit’
Bluefin Insurance is one of the founding sponsors of ‘Gromit Unleashed’, a new ground-breaking public art exhibition, hitting the streets of Bristol this summer...
The Collinson Group to acquire Aria Assistance
The Collinson Group has announced its imminent acquisition of Aria Assistance, in an agreement that will be subject to the regulator’s approval.
Aria Assistance will...
EIOPA : database of pension plans and products in EEA
EIOPA has developed a Database which is a unique resource providing a comprehensive snapshot of the European pensions’ landscape and, thus, helps to better...
LMA lays out plan to cut whiplash claims bill
The Lloyd’s Market Association (LMA) has laid out a five-point plan for reducing the annual national bill of over £2 billion for whiplash motor...
AIR Worldwide : bombs detonated at finish line of the Boston Marathon
According to catastrophe modeling firm AIR Worldwide, On April 15, 2013, at 2:50 PM, two bomb blasts occurred near the finish line of the...
Eric Chaney : triple deleveraging and schizophrenic regulation
The credit bubble that devastated the global economy when it burst in 2008 is casting a long shadow.
Consumers are deleveraging their balance sheet, banks...
Signs of a refocus at Aviva Plc are beginning to show
As of April 1, the British insurance company put an end to writing professional indemnity insurance for small and medium-sized enterprises as part of...
EIOPA : publishes a Discussion Paper on Investments
The European Insurance and Occupational Pensions Authority (EIOPA) invites market participants and (re)insurance stakeholders to provide their feedback on its “Discussion Paper on Standard...
Xchanging : roll out of free-to-all Wi-Fi in London
Xchanging has begun the roll out of free Wi-Fi access in the City of London.
The first installation at 34 Leadenhall Street will be followed...
Bancassurance growth to be fostered by emerging markets
The value of commissions earned through bancassurance – the sale of retail insurance products to a commercial bank’s client base – is set to...
Fitch Ratings : conduct regulation to intensify for UK banks and insurers
A separate UK regulator for conduct risk will boost its importance and is likely to raise costs for financial institutions, says Fitch Ratings. The...
Munich Re : Asia-Pacific will be dominant driver of world insurance growth by 2020
Premium income for the insurance industry in the Asia-Pacific region will double by 2020 according to a study published by Munich Re’s Economic Research...
IFB to share intelligence on criminal gangs with UK police forces
A landmark agreement between the Insurance Fraud Bureau (IFB) and the Association of Chief Police Officers (ACPO) will see intelligence on organised criminal gangs...
Transport Committee launches new inquiry looking at how to curb the scale and cost of motor insurance claims for whiplash
The Transport Committee is today calling for evidence on reducing the number and costs of whiplash claims, following up its recent inquiries into the...
EIOPA : opinion on Supervisory Response to a Prolonged Low Interest Rate Environment
The European Insurance and Occupational Pensions Authority (EIOPA) has published an Opinion on Supervisory Response to a Prolonged Low Interest Rate Environment.
Persistent low interest...
French banks poorly positioned to absorb impact of European Tobin tax
BNP Paribas, Societe Generale and Credit Agricole could be disproportionately hurt by the direct and indirect effects of a proposed Europe-wide financial transactions tax...
Capgemini and Efma unveile the findings of its annual World Insurance Report
With an average of only 30 per cent of customers globally reporting having positive customer experiences with their insurers, insurers will need to address...
KPMG : calls for clear roadmap to implementation following latest Solvency II delay
The European Parliament plenary meeting to consider, and hopefully approve, the Omnibus 2 amendments to the Solvency II directive has been moved back from...
Fitch Ratings : stable rating outlook for Swiss Insurance sector in 2013
Fitch Ratings says in a new report that its rating outlook for the Swiss insurance sector remains stable. The agency considers the Swiss primary...
Asta brings new Syndicate to Lloyd’s
Asta announces that Lloyd’s Franchise Board has granted “in principle” approval for Asta Managing Agency Ltd to establish and manage a new Lloyd’s syndicate...
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