Articles by Callum Brodie
Western European deal-making "fragile" in July
Western European deal-making in July has been described as “fragile” by Zephyr researchers who recorded 1150 M&A deals worth a combined €39 091m in the past month – the weakest monthly result since August 2010.
US legislative changes offer opportunities for London Market
Legislative changes in the US could present “significant” business opportunities for London market companies, according to the International Underwriting Association.
Tony Baker steps down as CHO director general
Credit Hire Organisation director general Tony Baker has announced his decision to step down from the role at the end of the year.
First Title team up with Ink to target PII market
First Title Insurance has teamed up with Ink Underwriting Agencies to offer professional indemnity insurance to law firms.
Kiln builds aviation team in Singapore
An underwriting team dedicated to aviation risks in Singapore has been formed by Kiln.
Airlines enjoying "calm before the storm" according to Willis report
A low level of airline industry losses recorded in the first half of 2011 could be the “calm before the storm”, according to Willis’ aerospace division.
Allianz launches three new account development roles
Three new roles dedicated to providing clients with a direct point of contact for specialised technical advice have been rolled out at Allianz Engineering.
Argent Liability Adjusters prepares for major loss capability expansion
Argent Liability Adjusters has responded to increased client and market demand by forming a major, complex and specialty loss practice.
Former Nilefern boss jailed for 15 months
The disgraced former director of Sittingbourne-based coverholder Nilefern has been sentenced to 15 months behind bars after pleading guilty to a string of child sex offences.
Beazley combined ratio hit following heavy catastrophe losses
Beazley CEO Andrew Horton admits that the firm’s annual combined ratio target of “around the mid 90s” could be jeopardised by global catastrophes during the second half of the year.
NFU Mutual subsidiary acquires Channel Island broker
NFU Mutual bosses have confirmed that one of its subsidiary companies – Island Insurance – has acquired Reed Insurance Associates in the Channel Islands.
NIG identifies target trades in push for contractor business
NIG bosses have earmarked a number of target trades they hope to attract by offering improved cover levels, dedicated broker microsites and a new brand identity.
Giles confirms £5m CBG offer
Giles Insurance Brokers has confirmed that discussions are underway with CBG concerning a possible offer at a price of 32p per share in cash for the entire issued and to be issued share capital of CBG.
Catastrophe rates on the rise as insurers look to recoup losses
Catastrophe rates are on the rise as insurers attempt to recoup heavy losses, however, non-catastrophe accounts with good loss experience remain highly sought after, according to a Marsh report published today.
Giles approaches CBG over potential purchase
CBG has issued a statement confirming an approach from Giles Insurance Brokers.
MPs for Financial regulation scrutiny panel unveiled
Half of a 12 member committee charged with scrutinising the government’s draft Financial Services Bill have been identified by the House of Commons.
Power Place appoints regional sales manager
Power Place has appointed a sales manager to oversee the Wales, West and Central region as part of a new strategic business development focus.
Axa announces profit growth
Axa Assistance has announced a 5.2% growth in income from 2009 and an increase in net profit of £6.6m.
MMA plots commercial lines expansion
MMA Insurance has announced a string of nationwide appointments and promotions within its commercial underwriting team.
Axa recruitment signals "core market growth"
Axa Assistance UK today announced the appointment of Kelly Ward as sales and marketing director with a view to accelerating growth in the motor, property, health and legal assistance sectors.
Brit Insurance forms dedicated property investors team
Brit Insurance has announced the formation a specialist team dedicated to offering insurance to property investors as part of its UK business unit.
Ageas looks to strengthen broker ties with new appointment
Ageas has created a new management role to focus on strengthening broker relationships and leading the delivery of the company’s strategic commercial programme through pricing.
Lonmar appoints new board member
Independent Lloyd’s broker Lonmar today announced the decision to appoint Alan Newall on to the board.
Ageas agrees five year GM partnership
Ageas bosses have agreed a five year deal, in principle, with General Motors to provide fully branded motor insurance products to Vauxhall and Chevrolet UK customers.