Articles by Amy Ellis
Lloyd’s lines up next chairman
John Nelson, the former investment banker who chairs Hammerson, the FTSE 100 property company, is being lined up as the next chairman of Lloyd's of London, according to Sky News.
Kiln launches first carbon credit insurance product
A carbon credit insurance product developed by Parhelion Underwriting was underwritten by Kiln for a major international bank last week.
TGSL hires commercial director
Transactor Global Solutions Limited has appointed Chris Newman as commercial director, with responsibility for sales and marketing activities, and the expansion of TGSL into additional insurance markets.
Kiln launches first carbon credit insurance product
A carbon credit insurance product developed by Parhelion Underwriting was underwritten by Kiln for a major international bank last week.
Financial regulation consultation closes
HM Treasury’s consultation paper A new approach to regulation: building a stronger system, has closed.
KPMG appointed as share receiver to Anglo in Quinn sale
Kieran Wallace of KPMG has been appointed as share receiver to Anglo Irish Bank and will take control of the Quinn family’s equity interest in Quinn Group.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Sacked Quinn boss eyes return
A former Quinn Insurance manager is trying to get his job back following his sacking after allegedly accepting a bribe of a bottle of wine, according to the Irish Independent.
Car insurance costs rise by 3.8%
The results of the first quarter 2011 Confused and Towers Watson car insurance price index has shown that the average price of a comprehensive car insurance policy rose by 3.8% in the first three months of 2011, compared to 7.1% in the final quarter of…
Japan earthquake - largest insurance loss in more than five years
Based on a combination of detailed modeling and analysis of preliminary damage information, Risk Management Solutions estimates the total insured property loss from the powerful M9.0 Tohoku Earthquake and Tsunami will be between ¥1500 and ¥2170bn (US$18…
Allianz creates PI underwriting team
Allianz commercial has established a new professional indemnity underwriting team in preparation for the launch of a new product later this month.
New funding for local flood rescue teams
More than £820 000 has been given to 16 emergency and voluntary groups by the Department for Environment, Food and Rural Affairs to buy vital rescue equipment such as boats and provide emergency response training to enable the teams to deal with local…
Power Place creates enhanced marketing team
Power Place has hired three new people to form an enhanced marketing team to support the growth plans for its online market place.
Biba petitions House of Commons on FSCS funding model
The British Insurance Brokers’ Association has launched a member petition to be tabled in the House of Commons on the Financial Services Compensation Scheme.
Biba agrees access to ECGD for member brokers
The British Insurance Brokers’ Association has formed an agreement with the government’s Export Credits Guarantee Department to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Biba agrees access to ECGD for member brokers
The British Insurance Brokers’ Association has formed an agreement with the government’s Export Credits Guarantee Department to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Tsunami fears after latest Japan quake
A tsunami warning has been issued for north-eastern Japan after an earthquake with a magnitude of 7.4 struck off the east coast of Honshu, according to reports.
Biba teams up with All Clear Insurance
The British Insurance Brokers’ Association has appointed All Clear Insurance as the provider of its new non standard medical travel scheme.
Novae releases initial Q1 major loss estimate
Novae estimates that the cost of the Japanese earthquake and tsunami to be between US$25 million and US$40 million, based on an insured market loss of US$20 and US$30 billion.
Aston Scott extends partnership with Broker Assistance
National broker Aston Scott and motor claims specialist Broker Assistance have agreed an extended partnership programme to provide claims handling service, for Aston Scott’s motor client portfolio.
FSCS reduces annual levy by £23m
The Financial Services Compensation Scheme has confirmed its proposed levy for 2011/12 at £217m.
Direct Debit key to retaining female customers following equality ruling
Insurance companies should turn to Direct Debit to retain existing female policy holders and attract new ones, according to Bacs Payment Schemes.
Transatlantic Holdings cat costs reach $355m
Transatlantic Holdings has updated its preliminary estimate of first quarter catastrophe costs to include the Tohoku earthquake in Japan.