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Towergate says Cobra withdrawal shows it is financially disciplined and 'boring'
Towergate boss Mark Hodges has said the broker's withdrawal from the race to buy rival Cobra is a sign of Towergate's financial discipline.
Broker |
22 May 2012 
Ink acquires Indemnity Risk Solutions
Ink Underwriting has strengthened its position in the solicitor professional indemnity market through the acquisition of Indemnity Risk Solutions.
Broker |
02 May 2012
Bartleet snaps up Chesham
Bartleet Enterprises has acquired regional broker Chesham Insurance services.
Broker |
02 May 2012
County Insurance buys Whitchurch
Brand new consolidator County Insurance North West has bought its first broker - Whitchurch Insurance Services, a £1.1m GWP business based in Shropshire.
Broker |
01 May 2012
Canopius details Omega takeover savings and possible Tower Bermuda sale
Canopius chairman Michael Watson said that taking over Omega will be the "last big deal", but is not the end of its "ambitions".
Insurer |
26 Apr 2012
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Canopius in US tie-up for Omega buy
Canopius has said its takeover of Omega will be funded partly by issuing new shares representing a 30% increase in shareholders' equity and a deal with US insurer Tower Group.
Insurer |
26 Apr 2012
Canopius swallows Omega for £164m
Omega bosses have agreed to a takeover by Canopius and will recommend the 67p a share cash offer in a deal worth £163.6m.
Insurer |
26 Apr 2012
McManus "excited" as he starts his first day at Giles
New Giles CEO Brendan McManus told Post that organic growth will be the main focus under his leadership.
Insurer |
20 Apr 2012
Davies swoops for liability adjuster Ufton
Private equity-backed loss adjuster Davies has bought liability and construction specialist Ufton Associates.
Claims |
20 Apr 2012
Lonmar sells Medicare to France's April
Lonmar Global Risks has agreed terms for the sale of its managing general agent, MediCare International, to French broker April.
Broker |
17 Apr 2012
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Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
ABN Amro sells corporate broker to Aon
Bank ABN Amro is selling its corporate insurance broker business to Aon.
Broker |
13 Apr 2012
CCV buys remainder of Capital & County
CCV has bought broker Capital & County outright after originally buying a 30% shareholding on 1 September 2008.
Broker |
10 Apr 2012
AM Best downgrades Brit after QBE sale
Rating agency AM Best has downgraded the financial strength rating of Brit Insurance Limited to 'A- (Excellent)' from 'A (Excellent)' and the issuer credit rating to 'a-' from 'a' and placed the ratings under review with negative implications.
Insurer |
05 Apr 2012
Broking bosses widely supportive of QBE swoop for Brit
New Oval chief executive Peter Blanc has expressed his “delight” after hearing the news that Brit’s UK regional business has been snapped up by QBE, rather than falling into the hands of a domestic rival.
Insurer |
04 Apr 2012
Fitch issues warning over Brit Insurance
Fitch Ratings has placed Brit Insurance Limited's insurer financial strength rating of 'A' on rating watch negative after the sale of its UK regional business to QBE.
Insurer |
04 Apr 2012
Comment
Interview
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
View from the top
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Towergate commits to Power Place as former bosses unveil new ventures
Post |
22 May 2012
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
Post |
23 May 2012
Law report: Court refuses to interfere in specialist tribunal decision on dentist's misleading of patient
Post |
22 May 2012
Household to become 'new motor' as insurers warn of price hikes to come
Post |
22 May 2012
Communicating Change: Preparing to be purchased
Post |
22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...