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Former Swiss Re boss given Lloyd's role
Canopius Managing Agents has appointed Tim Carroll as underwriting director of the agency with effect from 16 February, subject to requisite regulatory consents.
Quinn Insurance announces boardroom shake up
Quinn Insurance has carried out a restructuring of its board. It added the move was part of a "process to ensure that [it] implements corporate governance structures that are more independent of the wider Quinn group and which resemble those of a…
CV Starr, Ironshore in new joint venture
Ironshore, the Bermuda-domiciled insurer, said that it has formed a joint venture with US insurer CV Starr to create Iron-Starr Excess Agency Limited.
Aon: underwriters expect premiums to rise in motor, liability and property
Around 92% of underwriters expect motor insurance premiums for UK companies to increase in the first quarter of 2009, according to broker Aon's Market Pulse report.
THB sees pre tax profit dip to £0.9m
Lloyd's broker this morning reported turnover of £51.9m (year ended 30 April 2007: £28.7m) and an underlying trading profit £4.6m (year ended 30 April 2007: £4.3m) for the eighteen months ended 31 October 2007.
AIG's real estate arm to sell fund management business
AIG's real estate arm, AIG Global Real Estate, is to sell its fund management business, the company said.
GAB UK in MBO as international business goes to Stonepoint
GAB Robins UK management team led by chief executive Kieran Rigby is close to sealing a deal for the business, Post understands.
Bodyshop network spurns MVRA proposal
Bodyshop network ABP Club has decided not to pursue a formal agrement with Capita subdisiary MVRA after discussions with members.
International insurance capacity important for Middle East construction market - JLT
International insurance capacity will remain important in the changing Middle East construction market, said a partner at (re)insurance broker Jardine Lloyd Thompson at a conference in Bahrain.
Ace launches new solution
Ace Europe has launched a new insurance and risk management solution for mid-sized companies with overseas subsidiaries or assets.
Browne Jacobson hires new partners
Specialist insurance law firm Browne Jacobson has appointed two new partners to its recently opened City office.
LMA CEO joins Lloyd’s service provider as non-executive director
JMD Specialist Insurance Services (JMD) has announced the appointment of Lloyd's Market Association chief executive David Gittings as a non-executive director.
ING replaces CEO; says to cut 7,000 jobs
ING, the Dutch bancassurer, said that it has replaced its chief executive Michel Tilmant with current chairman Jan Hommen.
International athlete joins insurance claims firm
Outsourced claims provider Bankstone has appointed Steve Halliday as national sales manager.
Tokio Marine signs joint venture with Japanese telecoms giant
(BestWire) - Tokio Marine Holdings Inc. [85100] has signed a business and capital alliance agreement with NTT Finance Corp., a subsidiary of Japan's main telecommunications group Nippon Telegraph and Telephone Corp., to establish a joint venture for…
Giles wins major account in first national tender
Giles Insurance Brokers has been appointed as sole insurance advisor to the National Federation of Builders.
Lorega lands milestone deal with the Jelf Group
Loss recovery insurance (LRI) specialist Lorega has signed a deal with Jelf Insurance Brokers, which will make its claims assistance service available to Jelf Insurance Brokers' commercial customer base.
Duck Creek Technologies to acquire UK Affiliate
Duck Creek Technologies, a provider of software and services for the insurance industry, has revealed its intent to acquire its London-based affiliate.
Medico-legal firm claims market first in effort to reduce injury costs
Premier Medical Group claims to have become the first medico-legal reporting agency to be able offer a fully electronic medical report process to claimant solicitors.
M & A specialist sees increased interest in UK firms from foreign buyers
Imas Corporate Advisors, the corporate finance boutique, has recruited Tony Shearer as chairman and Bruce McIntyre a new partner, to take advantage of opportunities afforded in the UK mergers and acquisition markets.
RBS receives 'informal' bid for insurance business
Royal Bank of Scotland has received an informal offer for its insurance business according to a press report.
Hiscox sees renewal rates rise by up to 30%
Lloyd's insurer Hiscox this morning said it had seen good rate increases in key areas, especially reinsurance which accounts for over one third of its gross written premium. It added rates for 'peak zone US reinsurance business' rose on average by 15 -…
Tysers appoints Merchant to the board
Broker Tysers has appointed Tony Merchant to the board of its UK corporate risks division.