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XL net income jumps to $227.3m after Q1 loss last year
XL has posted an operating net income of $165.2m for the first quarter, a slight increase on last year’s $163m but it has turned around its net income from a $227.3m loss to a $176.6m profit.
Insurer |
09 May 2012 
XL restructures international primary casualty business into four groups
The insurance segment of XL Group has reorganised its international primary casualty business, creating four teams built around underwriting tasks and account type.
Insurer |
17 Apr 2012
XL Bermuda boosts D&O risks covered
XL Insurance (Bermuda) has boosted it D&O cover to pay for independent directors’ defence costs in the US under Sarbanes-Oxley and Dodd-Frank and the UK Bribery Act.
Insurer |
30 Mar 2012
Claims Awards 2012 shortlist announced
Insurers RSA and Sterling lead the way in nominations for the 2012 Claims Awards with three each.
Claims | 21 Mar 2012
Market moves: Insurers are the main movers
Insurers were, once again, the main movers and shakers this week, Ecclesiastical leading the way with the appointment of four new directors, while Allianz, QBE, XL and Arc Legal also welcomed new staff.
Insurer |
13 Mar 2012
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Market Moves: Brokers back with a bang
After two slow weeks, the broking sector has seen an upswing in activity, with a number of large players making high-profile appointments.
Insurer |
06 Mar 2012
XL appoints Gooding to board of directors
Ellen Thrower, who has served as an independent director of XL since 1995, will retire from the board effective immediately.
Insurer |
27 Feb 2012
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Insurer |
07 Feb 2012
Thirty insurers linked to Costa Concordia disaster
More than 30 insurers are likely to carry the cost of stricken Costa Concordia cruise ship.
Insurer |
31 Jan 2012
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
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Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
XL expands global political risk and trade credit team
XL has added four to its global political risk and trade credit team.
Insurer |
25 Jan 2012
JLT Specialty plans three further regional offices in 2012
Bosses at JLT Specialty have vowed to open at least three more regional offices this year, in a bid to strengthen relationships with corporate clients across the UK.
Insurer |
24 Jan 2012
Marine hull insurers await rating impact in wake of cruise ship sinking
The Costa Concordia cruise ship disaster has been called the largest insurance loss in maritime history with some suggesting it could be “bigger than the Titanic”.
Insurer |
24 Jan 2012
XL insurance takes Harris from Chartis
The insurance segment of XL Group has appointed the Chartis UK commercial lines boss Jason Harris as chief executive of its International P&C business.
Insurer |
23 Jan 2012
Costa Concordia claims could cost £1bn
Insurers could face claims of up to $1bn from the Costa Concordia cruise liner disaster making it the biggest marine loss ever, analysts have warned.
Claims |
17 Jan 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.
CII encourages apprenticeships with new guide
Post |
24 May 2012 
Nationwide slams CMCs as PPI wipes £103m from balance sheet
Post |
24 May 2012
Experian joins forces with Transactor
Post |
24 May 2012
Suspected bogus broker arrested
Post |
24 May 2012
Mapfre appoints Midlands boss
Post |
24 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...