A coverholder which claims to be the first conventional insurer to bring capacity to the market that is not a mutual or part of a pool is to take advantage of growing demand from the eastern bloc.

Association of British Insurers director general Otto Thoresen has described today’s publication of the Financial Services Bill as “an important milestone” in the bid to achieve twin peaks regulation.

Europ Assistance’s non-executive director and former Groupama managing director Tim Ablett has confirmed he is leading the management buyout of the travel insurer’s UK and Ireland arm.

Brightside bosses are preparing to announce figures for a “record year” in which the acquisitions of E-Systems and eDevelopment have helped contribute to a significant increase in reported earnings per share.

Brightside bosses are preparing to announce figures for a “record year” in which the acquisitions of E-Systems and eDevelopment have helped contribute to a significant increase in reported earnings per share.

HW Kaufman Financial, parent company of wholesale broker and underwriter Burns & Wilcox is to buy London-based insurance broker and underwriter Chesterfield.

HW Kaufman Financial, parent company of wholesale broker and underwriter Burns & Wilcox is to buy London-based insurance broker and underwriter Chesterfield.

Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.

Reported cases of false insurance claims were down by more than 26% last year, despite general levels of fraud in 2011 rising by almost 9% on the previous year.

Renewable energy underwriter GCube has boosted its offshore capacity by £64m to meet increasing demand.

Renewable energy underwriter G Cube has boosted its offshore capacity by £64m to meet increasing demand.

Financial Services Authority managing director Martin Wheatley has outlined an “orthodoxy and regulatory” approach for the future of conduct regulation – geared towards getting a fair deal for consumers.

US insurer Chubb has reported rising premiums but falling income in the fourth quarter, echoing a year of reduced operating and net income on 5% higher net income.

The President of the High Court in Dublin has knocked 20% off the fees sought by the joint administrators of Quinn Insurance, saying the work they are doing now is routine, the Irish Examiner reports.

Europ Assistance’s UK and Ireland arm has been the subject of a management buyout, Post has learned.

Solvency II may not be implemented until 2015 – two years later than planned, according to a report in the Financial Times Deutschland.

Broker BMS has launched a new office in New York.

The Association of British Insurers has outlined the key priorities for 2012 to reduce insurance costs including seeking a free market flood model and dealing effectively with asbestos claims.

Loss adjuster VRS Vericlaim has made what is expected to be the first of several 2012 recruitment coups with the appointment of former Cunningham Lindsey regional director Michael Burnett.

Lyon Insurance Services in Anglesey and Crown Insurance Brokers in Birmingham have been fully acquired and both will join existing CCV businesses.

Chief executive of Power Place, Simon Ball, has departed after only eight months in the job.

Following a wide ranging review of the business, which resulted in a number of cutbacks at the end of last year, Cunningham Lindsey said it is now introducing some strategic changes, which will streamline and create more flexibility in the structure of the business.

Towergate’s CEO of commercial underwriting has explained to Post why RSA, Aviva, Ageas and NIG who were previously on the panel, have been dropped.

A government report claims the UK is one of the best-prepared nations for the implications of climate change but lists the top 100 risks the country faces.

The consortium of Tawa, Skuld, and Paraline Group, has completed the acquisition of Whittington Insurance Markets, the London-market operations of Whittington Group.