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Insurance
Flood Re claims to grow as defence spending falls
Flood Re, the UK Government’s scheme to pool flood risk, may face higher-than-expected claims in the future, as spending on flood defences fails to meet requirements says Fitch Ratings.   19 March 2014
Insurance
UK merger will create leading risk firm
Established law firms Berrymans Lace Mawer and HBM Sayers will merge to create BLM, a UK risk and insurance law business.   19 March 2014
Insurance
Covéa Insurance strengthens team with Zurich hires
Covéa Insurance has strengthened its Personal Lines distribution team with the appointment of two new key account managers, both formerly of Zurich Insurance.   18 March 2014
News
Swiss Re proposes 10 percent dividend increase
Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation.   18 March 2014
Insurance
Resolution profit rises by 59 percent
UK insurance buyout firm Resolution has reported a 59 percent increase in pre-tax operating profit which rose to £436 million in 2013, compared with £274 million in 2012.   18 March 2014
Insurance
ACE expands crisis management services
Insurer ACE has expanded its environmental risk insurance to include crisis management cover as part of its strategy to support evolving needs of companies in Europe.   18 March 2014
Insurance
Target Group appoints director
Target Group, the financial services outsourcing and software provider, has appointed a Risk and Compliance director. Terry Baxter joins from Grant Thornton.   18 March 2014
Insurance
Personal Group awarded Four Seasons contract
Personal Group, a provider of employee benefits, employee related insurance products and financial services in the UK, has been awarded one of the most significant employee benefits contracts in the group’s history.   17 March 2014
Insurance
LIIBA appoints new chairman
Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA.   17 March 2014
Insurance
ALC Health continues expansion
Medical insurer ALC Health has created a new senior management role to support the company’s continued expansion.   17 March 2014

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