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Market moves: IFB adds four to team

With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator –...

Insurer | 15 May 2012 secure

recruitment
andy-davies

Markel CEO points to acquistion activity in Q1 results report

Markel bosses are celebrating an "all time high" on the firm's book values per share following a first quarter which produced a combined ratio improvement of 12% on Q1 2011 to 100%.

Insurer | 10 May 2012 secure

Catastrophe image

Lloyd's: Can the market fully recover from the losses in 2011?

Lloyd's' market performance and underwriting discipline has long been praised by the industry but, after the near unprecedented losses in 2011, many are wondering whether it can fully bounce back.

Lloyd's/London | 08 May 2012 secure

Markel

Markel launches into marine in Canada

Markel International’s Canadian firm Elliott Special Risks has hired a team of four marine professionals from what used to be Axa for its Montreal office.

Insurer | 03 Apr 2012 secure

Stock exchange

European sovereign debt hits insurer profits

2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.

Insurer | 20 Mar 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

steve carroll markell uk

Markel buys Quay to launch into fine art

Markel International is to launch a fine art and collectibles niche range after buying Dorset managing agent Quay Underwriting's portfolio of business.

Insurer | 05 Mar 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

andy-davies

Markel to use investment success to target further Europe expansion

Markel finance director Andy Davies has confirmed the company will seek further European acquisitions this year on top of the German buy of Anglo Underwriting already announced.

Insurer | 02 Feb 2012 secure

Markel

Markel reports investment and GWP growth counters catastrophe claims

Markel International saw gross written premiums rise 16% to $825m for 2011 ($709m) but a combined ratio of 116% (95%) included $123m, or 18 points, from natural catastrophes compared with $17m, or 3 points, in 2010.

Insurer | 02 Feb 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
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Reinsurance - January renewals: Toughen up

Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.

Reinsurance | 24 Jan 2012 secure

Markel

Markel enters Germany with Anglo buy

Markel International has taken a 50% stake in Munich-based Anglo Underwriting with an option to acquire the remaining 50% by 2017.

Insurer | 23 Jan 2012 secure

Revolving door

Market moves: Insurers and consultants up the pace

As the insurance sector settles into 2012 its activity in the recruitment space has gathered momentum. Insurers had a busy week, with Markel, Mitsui Sumitomo and Royal Bank of Scotland Insurance bringing in fresh faces. Brokers, meanwhile, had another...

Insurer | 17 Jan 2012 secure

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Insurance 360 Research: Financial & Professional Lines Insight Report 2011

Based on comprehensive input from over a 150 unique brokers of professional & financial risks, the Financial and Professional Insurers Insight Report 2011 delivers actionable insights on the 16 most used financial professional insurers.

Broker | 13 Jan 2012 secure

Markel logo

Markel takes on two in MGA division

Markel International has strengthened its MGA division with the appointments of Sarah Brien as senior underwriter and Alex Hardy as underwriter.

Insurer | 10 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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