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XL to cut workforce by 10% as losses spiral; shares up 40%
Bermudian reinsurer XL has said that it will be looking to cut its worldwide workforce by 10% in an effort to cope with the world economic downturn.
Insurers warns of "uninsurable generation" as rates head skywards
A rise In young driver premiums could lead to uninsurable generation, according to a leading insurer.
AMII appoints first General Secretary
The Association of Medical Insurance Intermediaries (AMII) has appointed Michael Payne as its first General Secretary.
Allianz in new agency deal
Allianz Retail has teamed up with specialist underwriting agency Kinetic to offer brokers niche clas...
Pick of the week
Post reporter Louise Meeson rounds up the top stories from the general insurance sector. This week: R...
Elmfield's CII accreditation opens apprenticeship doors
Training provider Elmfield has been accredited by the Chartered Insurance Institute, enabling it to ...
Time to test yourself
A selection of topical questions from the question banks of ed.learn - the CII's online training resource
QBE snaps up Endurance
QBE has acquired Endurance's UK book of business, Post has learnt. Sources close to the deal has con...
Appointment at Travelers
Travelers Insurance Company has named Paul Cusition as chief underwriting officer for its internatio...
FSCS deals with record number of claims
The director of claims at the Financial Services Compensation Scheme spoke about the challenges in h...
Appointment at Watson Wyatt
Watson Wyatt has announced the appointment of Martin Muir as the leader of its insurance and financi...
Brokers knocking at Under Your Roof's door
A website designed to help homeowners buy the correct level of insurance cover is attracting unexpec...
Barry Smith & Mark Cliff - Joint effort
Former Axa colleagues Barry Smith and Mark Cliff meet again, this time at Fortis. Jonathan Swift finds out what the future of the company will look like now that it has their combined expertise
Ex-HCC boss in start-up talk
Charles Manchester has outlined his intention to return to the market with his own venture after ste...
Rising stars' fresh ideas are a great asset to firms
Insurers must nurture young talent in order to differentiate themselves during the economic crisis, ...
Fraud threat higher than in last recession, says EMB
Claims fraud is the biggest threat that insurers face during the current recession, according to Jul...
Appointment at Jardine Lloyd Thompson
Jardine Lloyd Thompson has recruited Andy Bear to head up a new transport, engineering and utilities...
RSA acquires bodyshop
RSA has acquired a new 'quality repair centre' in Stockport, making it the insurer's sixth automotiv...
QBE considers more deals
After entering into its first UK pet insurance affinity deal with Asda, QBE Insurance (Europe) has r...
Appointment at CNA
CNA Europe has appointed Mark Figes as casualty manager. In his new role, Mr Figes will assume respo...
Appointment at Groupama Insurances
Groupama Insurances has appointed Louise Welsh as key account manager for the North-east region. Ms ...
Appointment at Willis
Willis has appointed Tony O'Gara as branch director of its Manchester office. Mr O'Gara is a former ...
H&L estate agent link-up
Home and Legacy has teamed up with estate agency network Sequence to provide landlords with rent and...