Ace
Half of CEOs responsible for risk management as terrorism tops concerns
The chief executive or chief operating officer has formal responsibility for risk management at 50% of European companies, according to a new survey which found that companies feel underprepared for terrorism and political violence risks.
European companies underprepared for emerging risk
The majority of European companies feel underprepared for emerging risks including terrorism and political violence.
Argo International appoints two experienced claims managers
Argo International has named Sarah Nicholls as accident and health claims manager and Judith Fumero as liability claims manager.
Management merry-go-round at Hiscox leaves CEO 'excited'
Hiscox has completed a string of senior appointments, bringing on board Bob Thaker as head of UK claims, Penny Shaw as chief risk officer and Joanne Musselle as chief underwriting officer for UK and Ireland.
Ace launches new home protection product in Asia
Ace Insurance has launched a new home insurance product in Malaysia and Indonesia.
NIG strengthens north east team with two new hires
Commercial insurer NIG has appointed an underwriter and a business manager to its north east team.
XL seeks to increase "regional presence" with German appointments
XL has expanded its underwriting team for middle market firms in Germany with the appointment of two senior underwriters.
Mitsui recruits Zurich and Ace underwriters
Lloyd's insurer Mitsui Sumitomo is aiming to increase its share of the international liability insurance market following two underwriting appointments.
RAC sells Ace travel product
RAC is to sell travel insurance in the UK after striking a deal with Ace Group.
IUA elects two new board members
Two new members have been elected to the Board of the International Underwriting Association.
R&Q settles Ace legal dispute
Randall & Quilter has reached an agreement in principle, which would resolve all of its outstanding legal cases with various companies of the Ace group.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Ace appoints president for personal lines and commercial
Ace Group has appointed Darryl Page as division president for international personal and business insurance.
Ace swoops for top 10 Indonesian insurer to diversify reach into PL
Ace has announced today that the company and its local partner have reached a definitive agreement to acquire PT Asuransi Jaya Proteksi in Indonesia for approximately $130m in cash.
Ace research exposes lack of terrorism cover among UK corporates
More than a third of UK corporates do not have specific insurance cover in place for terrorism and political violence risk, according to a survey undertaken by Ace.
Vijay Raghaven promoted to CEO of Ace Arabia
Ace Group today made several appointments to its Middle East and North Africa team.
Ace launches mobile phone air-time fraud cover
Ace Group subsidiary Ace Insurance has introduced a mobile phone air-time guard for Asia Pacific, which it claims is the first of its kind.
Market moves: A busy week for recruitment
Insurers were the most active recruiters in the industry this week, with Canopius, Mapfre, Zurich and Ace all welcoming new arrivals to their teams. It was also a busy seven days in the broking sector, after BGL, Giles, Miller and Aon made significant…
Four candidates win place on LMA board following 2012 election
The Lloyd's Market Association has named four successful candidates in the 2012 election for membership to its board.
O’Donnell replaces Robinson as Ace financial lines head
Timothy O'Donnell has been appointed executive vice president of financial lines for Ace's international insurance operations.
Ace promotes Homan as Stibbards retires
Ace Group has named Mark Homan as executive vice president, casualty, for the insurer’s international insurance operations, from 1 July, 2012.
Ace promotes Homan to executive VP, casualty
Ace Group has appointed Mark Homan as executive vice president, casualty, for Ace's international insurance operations.
Insurers urged to think differently to achieve European success
European insurers and brokers need to think differently about the EMEA region in today's low-growth economy if they are to unlock opportunities, according to Ace Europe chairman Andrew Kendrick.
Market moves: IFB adds four to team
With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator – into its team.