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CNA launches new transport and logistics product

CNA Insurance has unveiled a transport and logistics package aimed at fitting the specific risks and exposures of its clients.

Insurer | 23 May 2012 secure

A lorry at a depot
Lynn Rouse

Editor's comment: The lure of Lloyd's

London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international...

Lloyd's/London | 01 May 2012 secure

lloyd-building

Canopius makes play for Omega in bid to grow PE-backed Lloyd’s insurer

Canopius chairman Michael Watson has acted on ambitions to grow his private equity-backed Lloyd's insurer, with a £164m takeover of struggling Omega in a deal that sees a slice of the business sold to US insurer Tower Group.

Lloyd's/London | 01 May 2012 secure

yes-button

Hardy shareholders say yes to CNA deal

Hardy shareholders have approved the £143m sale of the Lloyd's insurer to CNA.

Insurer | 27 Apr 2012 secure

The Lloyd's building

Canopius' 65p offer reflects 2011 Omega losses

Canopius' decision to offer to acquire Omega at a lower share cash offer is because the listed company posted losses last year, according to a source.

Insurer | 03 Apr 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

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Post magazine - 29 March 2012

The latest issue of Post is now available to subscribers as a digital and interactive e-book.

Insurer | 28 Mar 2012 secure

rejected

Omega shareholders to reject Catalina offer

Omega shareholders could shun run-off business buyer Catalina Holdings' acquisition offer.

Lloyd's/London | 27 Mar 2012 secure

lloyds-building

Omega international appeal soars following CNA £143m bid for Hardy

CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.

Insurer | 27 Mar 2012 secure

meeting

Hardy advised by Debevoise & Plimpton over sale

Hardy Underwriting is being advised Debevoise & Plimpton over the insurer's £143m deal with CNA.

Insurer | 21 Mar 2012 secure

cna-logo1

Cash deal and incumbent Hardy bosses swung CNA deal

CNA's decision to keep Hardy chief executive Barbara Merry and chief underwriting officer Patrick Gage along with the cash deal secured the deal.

Insurer | 21 Mar 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
Barbara Merry Hardy Underwriting

CNA to buy Hardy

US commercial property and casualty insurer CNA is to acquire troubled Lloyd's insurer Hardy Underwriting.

Insurer | 21 Mar 2012 secure

recruitment

Market moves: Insurers dominate again

Zurich made two high-profile appointments this week, as the recruitment space was once again dominated by insurers.

Insurer | 28 Feb 2012 secure

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Methodology: Insurance 360 Finpro

One hundred and fifty-seven commercial brokers completed an online questionnaire addressing the service they got from their financial and professional lines insurers.

Insurer | 14 Feb 2012 secure

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Insurance 360 Financial and Professional Lines: Positive experience

The Insurance 360 Financial and Professional Lines report found standards to be high.

Insurer | 14 Feb 2012 secure

recruitment

Market moves: XL rings the changes

XL led the way in the recruitment space this week, as insurers made a number of key appointments. While XL added four new staff members to its ranks, Liberty Mutual, Canopius, CNA Europe and Axa also had a busy seven days. In comparison, the broking...

Insurer | 31 Jan 2012 secure

Comment

Lynn Rouse

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...

Interview

JLT chief executive Dominic Burke

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

David Reed

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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Pitney Bowes 2012 Insurance Industry Report

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

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.

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