Monday, 26 November 2012

Insurance News



1)    £500k extra capacity for Hampden with it's Lloyds capacity

2)    The latest figures coming out of the after effects of Storm Sandy leaves Swiss Re declaring an estimated $900 million in claims

3)    BIBA looking for it's new Chief Executive

4)    Professional Insurance Agents Ltd look towards it's Medical Malpractice Insurance covers to expand it's online facilities, and now in Ireland and the UK "Med Mal Insurance is an expanding area which we want to offer via affiliate groups" said Graham Hearsey CEO of PIA

5)    Business Insurance 247 looks towards the USA to expand it's online multiquote and buy platform.  "We have been in talks with brokers in New York and LA to discuss the launch offering professional lines products at first, such as Professional Indemnity Insurance and Directors & Officers Insurance covers

6)    ALMA and Finnish Run Off - reinsurer has been bought by R&Q for £4.4million

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