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RSA Canada selects Duck Creek for commercial insurance operations
Duck Creek Technologies, Inc. (Duck Creek), a leading provider of software and services for the insurance industry, today announced that it has signed an...
UK Pension fund black hole demands drastic action
It is unlikely that pension scheme deficits will recover without proactive management, according to Aon Consulting. The aggregate pension fund deficit in company accounts...
QBE appoints Nicola Marshall as Senior Underwriter to the Emerging Markets team
QBE, the specialist business insurer, today announced the appointment of Nicola Marshall as Senior Underwriter to the Emerging Markets team of its growing Professional...
US House of Representatives to set up law to monitor the insurance industry
A US House of Representatives committee on Wednesday approved key regulatory legislation intended to curb the harmful economic effects of financial services institutions deemed...
Somerville Market Solutions appoints Steven Bishop to develop the Homework product
Lloyd’s specialist facilities broker Somerville Market Solutions (SMS) has appointed Steven Bishop to review and develop its Homeworks product.
Bishop joins SMS from Lloyd’s...
AIG announces plan to list AIA in Hong Kong
Bailed-out US insurance giant AIG said Thursday it had chosen Hong Kong as the venue for a planned listing of its Asian subsidiary AIA.
But...
Lloyd’s marine syndicate, Travelers, appoints underwriter Andrew Farrant
Andrew Farrant has been appointed as the new Ports and Terminals underwriter for Travelers Syndicate 5000, effective immediately.
With 23 years’ experience in marine insurance,...
Liberty Syndicates appoints Shane Aldons as Class Underwriter to strengthens casualty reinsurance team
Liberty Syndicate Management Ltd (Liberty Syndicates), a member of Liberty Mutual Group, Inc has appointed Shane Aldons to the position of Class Underwriter, International...
Willis Group Holdings appoints Michiel Bakker as Head of European Capital Markets and Advisory Unit
Willis Group Holdings announced that Michiel Bakker has been appointed Managing Director and Head of Europe for its Willis Capital Markets and Advisory unit,...
Aon Consulting appoints Clint Cary and Craig Pearlman to Investment Consulting Retirement Practice
Aon Consulting today announced the appointment of Clint Cary as senior vice president and Craig Pearlman as vice president in the Chicago office of...
Legal & General appoints new chairman, John Stewart
British insurer Legal & General has appointed former National Australia Bank boss John Stewart as chairman, it said on Wednesday, ending a search that...
Aviva awarded Pensions Provider of the Year at the Personal Finance Awards ceremony
Aviva has been voted Pensions Provider of the Year 2009/10 at the Personal Finance Awards ceremony, organised by personal finance website www.themoneypages.com.
A panel of...
FSA bans two Leytonstone insurance brokers for concealing criminal record
The Financial Services Authority (FSA) has banned two Leytonstone insurance brokers, Faraz Ahmed Siddique and Waqas Ahmed Siddique, for lying to cover up Waqas...
The ABI publishes the performance data for the Options pension transfer initiative
The ABI has today published the latest performance data for the Options pension transfer initiative. Options – built to speed up the exchange of...
Aviva announces the selling of its French roadside assistance : RAC France
Aviva today announces that it has agreed to sell RAC France in a management buy out backed by Finadvance SA, a French private equity...
Samsung Life Insurance undertakes to split shares ahead of IPO
Samsung Life Insurance Co., South Korea's largest life insurer by market share, said Wednesday that it is undertaking a 10-for-1 share split ahead of...
Primus Financial and China Strategic Holdings in talks with Taiwan regulators for AIG unit
Primus Financial Holdings Ltd. and China Strategic Holdings Ltd. , which American International Group Inc. (AIG) selected to buy its Taiwan life insurance unit...
BlackRock to transfer management responsibilities to Aviva Investors for its European and UK property fund of funds
Aviva Investors and BlackRock today announced the transfer of two real estate fund of funds from BlackRock Investment Management to Aviva Investors Global Services...
Brit Insurance celebrates five years in Manchester
North West regional headquarters marks anniversary with Ashes legend Michael Vaughan
Brit Insurance, the international general insurance and reinsurance group, is celebrating five years in...
Buyout market subdued in 2009, but pipeline of business good
The turmoil in the economy and general increase in buyout prices has had a big impact on the buyout market. The latest Market Watch...
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