Articles by Insurance Post Staff
Swiss Re shares up 5% after new of CEO replacement
Swiss Re shares were up in midmorning trading today, rising 5%, after news that it had replaced its chief executive, Jacques Aigrain.
Everest Re reports nearly $700m of investment losses
Everest Re stumbled to a loss in 2008 after nearly $700m of investment losses pounded its bottom line.
Ren Re FY net income slides
RenaissanceRe, the Bermudian (re)insurer said that net income for the year slid to $29m from $612m in 2007, due to heavy investment and catastrophe losses.
Alec Finch steps down two years after Verlingue deal
The founder of Manchester broker Alec Finch has stepped down from the business two years after it was acquired by French broker Verlingue.
Arista grows in the South West
Underwriter Arista has increased its underwriting resource in Bristol with the appointment of Nigel Johnstone and Rosie Sadler to cater for the growing demand from its South West based brokers.
Oval develops FS facility
Oval has launched a new strategy to strengthen the broker's financial services provision by introducing a new service for clients that splits the advice process from investment and reduce risk to client's capital in 2009.
Brit creates new position in investments and treasury
Brit Insurance Holdings has appointed Sean McGeary to the newly-created role of director of investments and treasury. Reporting to Brit Insurance group finance director Matthew Scales, he takes up his new position immediately.
Broker body employs first general secretary
The Association of Medical Insurance Intermediaries has appointed Michael Payne as its first general secretary charged with helping the body manage the increasing number of projects in progress and in the pipeline, discharge the duties delegated to him…
Catlin FY profits drop over $500m
Catlin reported a full-year drop in profit $500m, after investment and catastrophe losses hammered profits at the Lloyd's (re)insurer.
Willis refinances loan deal; suspends future forecasts
Willis said that it has refinanced its current loan and has suspended its future forecasts.
Catlin in $200m rights issue
Catlin, the Lloyd's reinsurer, said that it is looking to raise $200m in a fully underwritten rights issue in an effort to take advantage of the hardening reinsurance market.
Swiss Re CEO Aigrain out
Swiss Re has replaced its chief executive Jacques Aigrain amid heavy investment losses and a dwindling share price.
ABI says time is right to consider a single European regulator
A lack of trust between national regulators means European authorities should start considering a single European prudential superviser, the ABI has said.
Time to test yourself
A selection of topical questions from the question banks of ed.learn - the CII's online training resource
Elmfield's CII accreditation opens apprenticeship doors
Training provider Elmfield has been accredited by the Chartered Insurance Institute, enabling it to ...
Appointment at ABI
The Association of British Insurers has appointed Dane Douetil, chief executive officer of Brit Insu...
Appointment at Total Accident Management
Total Accident Management has appointed Penny Stoolman as managing director. Ms Stoolman's appoint...
The legacy leg up
Run-off Opportunities
Appointment at Willis
Willis has appointed Tony O'Gara as branch director of its Manchester office. Mr O'Gara is a forme...
Non-exec chair for Delta
Stephen Fitzgerald has joined Delta Claims Services as non-executive chairman. Mr Fitzgerald, who wa...
Garwyn bulks out risk capacity with ORS
Loss adjuster Garwyn has completed the first acquisition in its 38-year history with a deal for spec...
RSA acquires bodyshop
RSA has acquired a new 'quality repair centre' in Stockport, making it the insurer's sixth automotiv...
GAB MBO steers clear of private equity
GAB Robins' UK management team has revealed it will not be seeking private equity backing in its eff...
What the media said this week
BBC Online Insurance companies have been told any cuts to the value of with-profits funds must ...