Axa XL
Deepwater Horizon prompts Catlin offshore energy u-turn
Catlin Group has reversed its decision to withdraw from the offshore energy market as the Deepwater Horizon disaster has caused rates to turn.
Catlin profits fall $154m in 2010 H1 results
Catlin Group has posted a pre-tax profit of $86m in its half year results, (H1 2009: $240m), as the insurer recorded a combined operating ratio of 97%.
XL CEO bemoans "anemic" pricing as it unveils 2010 Q2 results
XL has reported its operating income was $242.6m in the second quarter of 2010, compared to $291.4m in the second quarter of 2009.
Catlin appoints Schmidt as European reinsurance CEO
Catlin Group has confirmed Peter Schmidt has been appointed chief executive officer-European Reinsurance.
An in-depth review of the general insurance market in Italy
Despite the introduction of the ‘Bersani law’ looking to liberalise the Italian general insurance sector and increase competitiveness, brokers still have a long way to go to impact on the agent dominated market. But with untapped potential in the market…
Recruitment moves
The latest people moves from the reinsurance world
News analysis: Reinsurers pursue Swiss dreams
With Amlin, Catlin and Tokio Marine setting up Swiss reinsurance operations, Katherine Blackler investigates the attraction of the alpine country
German government voices opposition to Neal Bill
The German ambassador to the United States Klaus Scharioth has written to house ways and means committee chairman Sandy Levin registering the opposition of the German government to the Neal Bill.
BMW in rehabilitation deal
Motor manufacturer BMW is poised to save up to £3m after signing up to a back-to-work scheme offered by XL Insurance and rehabilitation specialists IPRS.
Allianz head urges SRA to take PI action
Allianz head of financial lines Mark Carver has accused the Solicitors Regulation Authority of "burying its head in the sand" over the growing problems associated with professional indemnity insurance for the legal sector.
XL looks to grow cyber liability account with JLT hire
XL Insurance has recruited Dawn Simmons as senior underwriter, professional lines for cyber and technology risks, based in Paris.
Brokers more positive on Lloyd's than two years ago
Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago.
Rehabilitation Awards 2010 – Welcome
Guests were welcomed to the Rehabilitation First Awards 2010 in the sumptuous surroundings of Merchant Taylors Hall by the chair of the judging panel, deputy editor of Post Lynn Rouse, who outlined why there should be a real sense of optimism and…
Argo signals international push
Argo International has recruited Tony Cabot to support its active international growth strategy.
XL redomiciles to Ireland with new name
XL Group has completed its previously announced redomestication to change the parent holding company’s place of incorporation to Ireland from the Cayman Islands.
Catlin joins solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Post in print - 1 July 2010
Post reporter Amy Ellis provides a 60-second round-up of the major news headlines from tomorrow's issue of Post.
Government budget cuts impacting UK, claims THB
THB group chief executive Frank Murphy has said that the sale of the majority of underwriting agency Unicorn and recessionary pressures accounted for the broker's UK business making a loss.
Lloyd's insurer continues diversification with Swiss plan
Catlin's plan to establish a reinsurance company in Switzerland has been described as another significant move by the group to diversify away from its Lloyd's roots.
Catlin to join solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Amlin raids Catlin for lead specie underwriter
Amlin has appointed James Farquhar from Catlin with a brief to build up the account together with Class Underwriter, Rod Little.
Lloyd's insurer Catlin to set up $1bn Swiss reinsurance arm
Catlin plans to form a reinsurance company in Switzerland to "significantly expand the European-based reinsurance business underwritten by the group," it said today.
THB agrees cargo partnership with Catlin
THB’s marine division has partnered with Catlin’s UK regional marine team to distribute its online cargo facility.
Catlin recruits ex Marsh CEO
Catlin has announced two changes to its board of directors.