Hiscox
Confidence returning to insurance sector
Lloyds TSB Corporate Markets is poised to announce further credit facilities with insurers, after arranging a multi-million refinancing agreement as part of a consortium for Hiscox.
Hiscox secures $750m new funding
Hiscox has secured a $750m syndicated three-year revolving credit and letter of credit facility.
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.
Hiscox Syndicate 33
Hiscox has published a summary of its initial 2011 business forecast for Syndicate 33 and envisages a syndicate capacity of £900m for 2011, a reduction of £100m from 2010.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
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.
Hiscox to cut Lloyd's capacity by £100m in 2011
Hiscox has published a summary of its initial 2011 business forecast for Syndicate 33. A full 2011 business forecast for Syndicate 33 will be submitted to Lloyd's by 9 July.
CNA expands technology underwriting team
CNA Europe has made two appointments to its European technology practice.
Hiscox withdraws from "flawed" solicitors' indemnity market
Hiscox is to withdraw from the solicitors’ professional indemnity market.
Hiscox appoints Bermuda CFO
Hiscox has appointed Krystalle Tobin as CFO for its Bermuda business.
High Net Worth - Rates: An overheating market
New entrants are circling the high net worth arena, as it is talked up as an area of potential growth. However, as Ralph Savage reports, others claim it is a car crash waiting to happen.
Editor's comment: Brit offer makes waves
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
Millar joins QBE claims
The former head of specialist claims operations at Royal Bank of Scotland Insurance Julian Millar has joined QBE.
Brit speculation good for Lloyd's
The private equity offer for Brit Insurance spells good news for the Lloyd's market, according to analysts.
Lloyd's duo greenlighted
Capita Managing Agency and Chubb Insurance have been granted approval to operate new vehicles within the Lloyd's market.
Hiscox: German SMEs have better insurance understanding than Brits
Less than one in three (30%) small to medium sized businesses in Europe believe they are insured in the event that a professional mistake leads to them being sued.
Energy - Deepwater Horizon impact: In deep water?
Stephanie Denton reports on the fallout for the energy market from the recent Deepwater Horizon drilling platform explosion.
Millar leaves RBSI claims
Julian Millar, head of specialist claims operations at Royal Bank of Scotland Insurance, has parted ways with the company.
Interview - Ben Wright: Property boom
Despite the recession, Keelan Westall's head Ben Wright tells Mairi MacDonald the business has ambitious expansion plans.
Approval of Chubb's move into Lloyd's market imminent
US insurance giant Chubb is set to enter the Lloyd's market almost a decade after its failed bid to buy Hiscox. According to sources, Chubb has received conditional approval for market entry with full authorisation following a Financial Services…
Hiscox to enter aviation as it reports £10m Deepwater hit
Hiscox’s gross written premiums grew year on year by 6.4% in local currencies to £504.1m in quarter one 2010(2009 Q1: £486.5 m).
US insurance giant Chubb set to enter Lloyd's with new syndicate
Almost a decade after its failed bid for Lloyd’s insurer Hiscox US insurance giant Chubb has become the latest corporate player to bid for Lloyd’s entry.
Axa raids Hiscox and Beazley for financial lines push
Axa Insurance has made a number of specialist appointments to underpin its growth plans in the SME sector and its ambitions in the mid-corporate market.
Hiscox tops poll
Hiscox has been ranked as the best performing insurance brand according to the Reputation Institute's UK Pulse Report 2010, which measures corporate reputation among the general public.