Articles by Insurance Post Staff
E-insurance buys rights
Brightside subsidiary E-Insurance has bought the new business and renewal rights of the E-Van insura...
ABI welcomes tax change
The Association of British Insurers has responded favourably to the government's revised policy on f...
FSA takes action against Fryett and Baines
The Financial Services Authority has banned Stephen Fryett, director of CIC Greece, and broker Richa...
GAB brings in PPI team
GAB Robins has been appointed by Cassidy Davis to provide investigation services on payment protecti...
Appointment at Ambant
Steven Crabb has joined Ambant as a director. He brings 20 years' experience in the Lloyd's market a...
Blanc shortlisted for gong
Towergate's Amanda Blanc is a finalist in a competition that celebrates the success of female profes...
Penny Black's insurance week
Penny felt like she was at the United Nations last week, when she joined loss adjuster MYI for a coc...
Broker Direct in Bolton
Broker Direct has opened a second office in Bolton as part of the company's expansion plans. The ope...
Feeling the pinch
Redundancies
Amlin completes acquisition of Anglo French Underwriters
Amlin, the Lloyd's (re)insurer, said it has completed the acquisition of Anglo French Underwriters, the French specialty insurer.
Pick of the week
Post reporters Louise Meeson and Sarah Hills round up the top stories from the general insurance sector. Click here for video
RenRe US arm Weatherpredict makes acquisition
WeatherPredict Consulting, a US affiliate of Bermudian reinsurer RenaissanceRe, said that it has bought the primary technology assets of Commodity Hedgers, a specialist in remotely sensed meteorological observations and provider of high quality products…
TCS warns insurers to tackle rising claims costs
Credit hire and repair claims are projected to cost the insurance industry £1.2bn this year, according to Endsleigh Insurance's claims handling organisation, TCS.
Keelan Westall revamps property scheme for brokers
Keelan Westall, part of the property and commercial division of Barbon Insurance Group, has revamped its property solutions for brokers.
Qatar Islamic Insurance Company receives IFSR rating of Baa2 from Moody's
Moody's Investors Service announced today that it had assigned a first-time insurance financial strength rating of Baa2 to the Qatar Islamic Insurance Company ("QIIC"). The rating outlook is stable.
Keelan Westall revamps property scheme for brokers
Keelan Westall, part of the property and commercial division of Barbon Insurance Group, has revamped its property solutions for brokers.
Allianz Malaysia ends takeover talks with Malaysian rival
(BestWire) - Allianz Malaysia Berhad, a subsidiary of Germany-based Allianz Group, said in a statement that it has scrapped plans to acquire the entire equity interest in Tahan Insurance Malaysia Berhad.
Liberty Mutual makes leadership changes at all but one of its units
(BESTWIRE) - As part of what its chairman, president and chief executive officer calls a "long-term succession plan," Liberty Mutual Group of Insurance Cos. announced changes to three of the company's four business units.
QBE in £464m acquisition spree
QBE has unveiled its latest acquisition spree and updated its forecasts for 2008 and 2009.
Central acquires luxury car specialist
Scottish Insurance broker Central Insurance has acquired high performance car insurance specialist, Peart Insurance Brokers in a £1.5 million deal, the company said today.
Foreign profits taxation changes could lead to uncertainty for some insurers - E&Y
The exemption of the foreign dividend income tax changes announced in this week's Pre Budget Report (PBR) will impact many insurance groups carrying out business in the UK, according to Ernst & Young. And this could lead to uncertainty for year end…
AIG CEO to work for $1 and no bonus in 2008 and 2009
Edward Liddy, AIG's new chief executive, will forgo all but $1 of his salary until the end of the 2009 year, the company said in a statement.
Heritage Insurance Management gets Bahrain licence
The Central Bank of Bahrain has today granted a licence to Heritage, a provider of captive management and insurance services, for the establishment of a risk and insurance management company based in Manama, Bahrain.
Reinsurance rates expected to rise 5-10% says S&P
Reinsurance rates for the upcoming January 1st renewals period is expected to jump 5-10%, according to US ratings agency Standard & Poors.