Articles by Amy Ellis
AM Best removes ratings of Allianz Risk Transfer from under review
AM Best Europe Rating Services has removed from under review with negative implications and affirmed the financial strength rating of A (excellent) and issuer credit rating of 'a' of Allianz Risk Transfer.
Italian P&C Insurance market outlook stable, says Moody's
The outlook for the Italian property & casualty insurance market remains stable, according to Moody's Investors Service in an Industry Outlook published today.
Mike Quinton says departure was nothing to do with aggregator failure
Mike Quinton has confirmed he has left Covea, the parent company behind the failed aggregator start-up he had worked on, stressing that it was only a temporary role.
Operational risk still overlooked, says Grant Thornton
An inaugural market study by Grant Thornton has found that insurance companies should seek a better balance in risk management across all risk categories to successfully deliver business plans within acceptable risk limits.
EA issues flood warnings across England and Wales
The Environment Agency has issued 36 flood warnings in England and Wales.
Lumley Jacobs extends forensic coding deal with Home & Legacy
Lumley Jacobs has signed a three-year extension to its agreement with Home & Legacy to supply forensic coding to high net worth customers.
Crawford opens office in Guam
Crawford & Company is expanding its reach in the western Pacific with the opening of a new office on the US Pacific island of Guam.
Aviva and Broker Network "mutually agreed" that arrangement could not work
Speaking to Post following the news that Aviva has decided to end an arrangement with Broker Network as its preferred partner, David Skinn, head of broker performance management at Aviva, stressed that this does not change its relationship with member…
Willis appoints Latin America reinsurance CEO
Willis Group Holdings has appointed Antonio Tosti to the newly-created role of chief executive of Willis' Latin America reinsurance business.
"Strong likelihood" of redundancies as Covea scraps aggregator plans
MMA Holdings has confirmed that it will not be launching an aggregator platform as it "does not fit" with its core UK business and plans for future growth.
Broker Network and Aviva end deal
Aviva has decided to end an arrangement with Broker Network as its preferred partner following a breakdown in the relationship.
Willis Re appoints Angelini-Hurll to newly created role
Willis Re has appointed Kieran Angelini-Hurll as regional director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations.
James Hallam develops insurer ranking matrix
James Hallam brokers has developed a ranking matrix for all insurers it deals with.
FSA authorisation time for new firms still on the up
The amount of time the Financial Services Authority takes to approve new firms has risen for a third consecutive quarter, according to data seen by City law firm Reynolds Porter Chamberlain.
Posner would consider another role
Following his decision to step down from his board position at QBE, Howard Posner has told Post that "winding down" was always his long-term plan.
Zurich appoints Butt as head of sales
Zurich has appointed Valerie Butt as head of sales, distribution and marketing for global corporate, effective 1 July.
Legrand joins MDS as chief operating officer
MDS Holdings, the European and Latin American insurance broking group, is setting its sights on entering new international markets outside its current Portuguese, Angolan and Brazilian territories.
Direct Line rolls out telematics offering
Following a pilot with sister firm Tracker to test the use of telematics in retail motor insurance, Direct Line is offering a telematics product to customers.
RSA makes acquisition in Quebec
RSA has acquired L'Union Canadienne Compagnie D'assurances from Co-operators General Insurance Company.
Weil grabs Marsh CEO role
Mark Weil has been announced as Martin South's successor as chief executive of Marsh's UK and Ireland operations.
Giles poaches Brightside's COO
Giles Insurance has appointed Simon Pearce as its new chief operating officer.
Chartis name change rumours resurface
AIG chief executive Robert Benmosche has indicated that Chartis may be renamed with the AIG brand, according to Bloomberg.
S&P upgrades Scor to A+
Standard & Poor's has upgraded the insurance financial strength ratings and long-term counterparty credit of Scor SE and various guaranteed subsidiaries from A to A+.
Olympics cancellation could cost $5bn, says Munich Re
Munich Re has warned that cancelling the London 2012 Olympics in the event of a terrorist strike or natural disaster would cost the insurance industry as much as $5bn (£3bn), according to The Telegraph.