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Renaissance Re, Everest Re deliver loss estimates

Bermudian reinsurers Everest Re and Renaissance Re have said that they will be hit by losses from the Chilean earthquake earlier in March.

Reinsurance | 11 Mar 2010

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Cunningham Lindsey names liability services fraud manager

Claims management company Cunningham Lindsey has appointed Zurich’s Sharon Hurst as a fraud manager in its liability services division.

Post | 11 Mar 2010

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Chile hit by two major aftershocks

Chile has been hit by two aftershocks from the 8.8 magnitude earthquake that struck of its coast less than a fortnight ago.

Post | 11 Mar 2010

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Blog-re: Bermuda, fun in the sun?

The latest blog-re availible to read online now

Reinsurance | 11 Mar 2010

fsa canary wharf

Consumer protection committee proposed

The Financial Services Authority, Office of Fair Trading and Financial Ombudsman Service have proposed the creation of a consumer protection committee to scan for emerging risks.

Post | 11 Mar 2010

Aldermanbury Declaration webinar

The Aldermanbury Declaration - watch the debate

If you missed yesterday's live webinar debating the recently launched Aldermanbury Declaration it is now available for viewing on-demand.

Post | 11 Mar 2010 | screening image

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RSA swoops for marine business

RSA's Danish subsidiary Codan Forsikring A/S has acquired the renewal rights to TrygVesta's marine hull portfolio for DKK 50m (£6m) in cash.

Post | 11 Mar 2010

lexbaughchartis

Baugh to head up European operation in Chartis shake-up

James Shea, currently regional president for Chartis Central Europe & Commonwealth of Independent States, will become managing director of Chartis UK.

Post | 11 Mar 2010

Ulrich Wallin

Hannover Re posts substantial profit growth

Hannover Re closed 2009 by generating an operating profit in excess of one billion euros for the first time.

Reinsurance | 11 Mar 2010

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RMS predicts insured losses from Xynthia could rise to €2bn

Risk Management Solutions has estimated that private market insured wind losses from Windstorm Xynthia will fall between €1.0bn and €2.0bn.

Post | 11 Mar 2010

Secret Millionaire Paul Ragan

Secret Millionaire broker speaks to Post about his television experience

Former Protectagroup chief executive Paul Ragan starred in this week's Channel 4 show Secret Millionaire.

Post | 11 Mar 2010

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Mutual body blasts solvency II plans

"If the principle of proportionality introduced by Solvency II does not work in practice, we are likely to see aggressive market consolidation," claims AMICE boss.

Post | 11 Mar 2010

Richard Tolliday CEO Omega

Omega claims gains elsewhere offset Lloyd's reduction

The group's gross premium income remained almost static on US$265.8m (2008: US$265.4m), although Omega claimed to nhave seen "significant growth in new operating platforms in Bermuda and US".

Post | 11 Mar 2010

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CEA: still time to get Solvency II right despite fears over Ceiops

A new CEA report demonstrates that overly prudent capital requirements would restrict the insurance industry's role not only as a risk-absorber but also as an institutional investor financing long-term economic growth.

Post | 11 Mar 2010

FSA headquarters

Ambant appoints former FSA associate to head up new unit

Ambant has created a new business practice to help brokers and underwriters respond to scrutiny from the Financial Services Authority.

Post | 10 Mar 2010

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Law firm backs referral fees

Law firm Minster Law has spoken out in support of referral fees.

Post | 10 Mar 2010

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Pick of the week

Post reporter Leigh Jackson outlines the major news stories from this week's issue of Post.

Post | 10 Mar 2010 | screening image

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The Aldermanbury Declaration - live webinar today at 3:30. Sign up now

Post, as part of its Investing in the Profession Campaign, is hosting this week a special, live, and interactive, online debate on the insurance industry's latest initiative to boost professionalism - The Aldermanbury Declaration.

Post | 10 Mar 2010

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Fortis UK profit down £47m

Fortis reports non-life profit before tax and interest of £29m, down from £76m in 2008, with CEO Barry Smith attributing reduced profit to “challenging market conditions.”

Post | 10 Mar 2010

QBE Europe

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Standfirst

Post | 10 Mar 2010 secure

Standfirst

Post | 10 Mar 2010 secure

Interglobal

International private medical insurer Interglobal has appointed Nicola Norris as business development manager, with responsibility for building distribution and sales of individual and group PMI in the UK through the intermediary channel.

Post | 10 Mar 2010 secure

Giant

Colin Hutchinson has been appointed senior regional underwriter at Giant to head up the Belfast office it opened last year.

Post | 10 Mar 2010 secure

Aviva

Aviva UK Health has appointed Rob Cowley as finance director.

Post | 10 Mar 2010 secure

Arista

Arista Insurance has promoted Anthony Foulds to regional underwriting manager for the South-east.

Post | 10 Mar 2010 secure

Ansvar

Ansvar Insurance has appointed Richard Lane to the newly created role of sales director.

Post | 10 Mar 2010 secure

Lindsay Campbell Biba

Biba 2010 Countdown: Get to know your Biba representatives.

With 10 weeks to go before the start of the British Insurance Brokers¹ Association conference, Post has decided to shine a light on some of the perhaps lesser-known staff at the trade body. This week, we talk to Lindsay Campbell, Biba executive assistant.

Post | 10 Mar 2010 secure

Kennedys

Iain Sharp has joined Kennedys in Singapore as a partner in the maritime & international trade practice.

Post | 10 Mar 2010 secure

Faber & Dumas

Gerry Tollan has joined Faber & Dumas, the wholesale brokerage division of Willis Group Holdings, as business development director.

Post | 10 Mar 2010 secure

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