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Giles strengthens board

Giles Insurance Brokers has appointed four new board members. Howard Pearson, retail managing director, and Mark Addis, wholesaling managing director, join the board subject to regulatory approval.

Aviva reports 4% rise in pre-tax profit

Aviva has reported that pre-tax operating profits rose to £2.97bn in 2008 compared to the previous year (2007: £2.216bn). However, it reported a net loss of £885m (2007: £1.498bn profit).

Former senior Gen Re exec given jail sentence

(BestWire) - The third of five former insurance executives found guilty about a year ago of securities fraud in connection with a sham reinsurance deal has been sentenced to serve time in federal prison.

XL Re appoints senior aviation underwriter

XL Re, the global reinsurance operations of XL Capital Ltd (NYSE: XL), today announced the appointment of Patrick Cove as senior aviation underwriter responsible for XL Re Europe Limited's global aviation practice.

Ironshore Bermuda appoints new CEO

Bermudian insurer Ironshore has appointed Mitch Blaser as chief executive of Ironshore Bermuda. Mitch has been with Ironshore since the company's launch in January 2007.

Lloyd's in Polish push

Lloyd's has opened a representative office in Poland. The Warsaw office will be run by Lloyd's Polis...

D&O costs rise 50%

Directors' and officers' liability insurance costs for the Standard & Poors' financials sector incre...

Police societies' merger

Police Mutual and Metropolitan Police Friendly Society are to consult with members about a possible ...

Condon to pay £1.28m

Former deputy managing director of Independent Insurance Philip Condon has been ordered to pay £1.28...

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