AkzoNobel has appointed Renier Vree as new chief financial officer of AkzoNobel Speciality Chemicals. Vree arrives from Arcadis, where he held the same role. AkzoNobel is in the process of selling its Speciality Chemicals division, worth an estimated £8.86m. It says it is considering both private sale and legal demerger, and is talking to multiple [...]

Zurich Insurance Group has acquired telematics solutions provider Bright Box HK Ltd and its subsidiaries. Bright Box was founded in 2012 and is headquartered in Hong Kong with operations in Europe and business across the globe. It provides telematics solutions that link drivers to their vehicles, and the vehicles to networks of car dealers and [...]

Qatar Re, a unit of Qatar Insurance, has agreed to buy UK motor insurer Markerstudy’s underwriting businesses for an undisclosed sum. The deal, expected to complete in the first half of 2018 will see Qatar Re acquire Gibraltar-based Markerstudy Insurance Company, Zenith Insurance, St Julians and Ultimate Insurance. It will see Qatar Re take on [...]

Service King Collision Repair Centers has announced that its fast-growing Apprentice Development Program has officially received certification from the U.S. Department of Labour. ‘This is certainly a proud moment for the Service King family as we continue investing in the development and training of the next generation of skilled automotive technicians,’ said Chris Abraham, Service [...]

Volkswagen set a new record for vehicles produced last year, with more six million vehicles rolling off the production line. Thomas Ulbrich, member of the board of management of the Volkswagen brand responsible for production and logistics, said, ‘More than six million vehicles produced in 12 months – there is one thing that this shows [...]