HSBC
OFT gives clearance to Marsh HSBC merger
The Office of Fair Trading has decided not to refer the merger of Marsh and HSBC Insurance Brokers to the Competition Commission.
Junction targets personal lines insurers in drive for new partnerships
Junction is targeting motor and home insurers as part of a drive for new partners in the insurance sector.
Howden seeks Oval or HSBC-sized broker takeover move
Howden is on the lookout for a "sizeable" acquisition, comparable to HSBC Insurance Brokers and Oval, to enable it to compete as a retail broker in the UK market.
Former Direct Line MD joins Fortis UK board as retail boss
Andy Watson takes up his new role as managing director - retail with immediate effect.
Biba warns brokers on data loss concerns
The British Insurance Brokers' Association has warned brokers after the government stepped up plans to impose heavy fines for data security breaches.
HSBC insurance boss to step down
Clive Bannister will be replaced by Asia boss David Fried, according to Reuters.
HSBC sales director joins Towergate
Caravan and park homes broker Towergate Bakers has appointed Simon Townsend as its managing director.
Editor's comment: Esure sale is yardstick for personal lines deals
The January sales may not have thrown up much in the way of bargains for those hoping to acquire insurance-related companies. But February is looking like it could prove a more successful month for those seeking a nice little earner at a knockdown price.
'Culture shift' sees 100 execs recruited
Towergate plans to bolster its broker sales force by recruiting 100 development executives this year, as part of its revised strategy to grow organically rather than through acquisition.
Heath Lambert in race to be HSBC replacement
Heath Lambert has emerged as a frontrunner to replace HSBC Insurance Brokers as the UK representative of Assurex Global, Post has learnt.
OFT considers Marsh and HSBC deal
The Office of Fair Trading has issued an invitation to interested third parties to comment on Marsh's planned takeover of HSBC Insurance Brokers.
New senior manager appointed at BGL
Nik Hobson has been appointed as senior manager for panel development. Mr Hobson’s appointment brings the panel development team up to 17, compared to seven employees 18 months ago.
Awal collapse could cost (re)insurers millions of dollars
Last year's collapse of Awal bank in Bahrain could cost the insurance industry hundreds of millions of dollars, Reinsurance...
Breden departs HSBC
David Breden, managing director of HSBC Operational Risk Consultancy, resigned earlier this month to join a financial conglomerate in Jersey
Cooper Gay appoints CFO
Sam Hovey promoted to key role
Marsh yet to decide on future of HSBC staff
Employee review to follow formal completion of deal in Q1 2010
Marsh to acquire HSBC Insurance Brokers
‘Strategic partnership’ to be put in place with bank
JLT in HSBC Insurance Brokers swoop
CEO Dominic Burke said deal for HAC fitted its strategy of 'bolt on' deals.
AIG lead insurer for Shanghai crash - sources
AIG was the lead insurer for the Shanghai plane crash that killed three and injured four more on 28 November, sources have told Reinsurance
Pick of the week
Global giant targets UK as Marsh mulls HSBC bid; Axa boss seeks £50m from new lines; new asbestos bill; Barbon rues £8m court loss; Insure & Go outlines expansion plans
