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Broker comparison site extends to SMEs
Commercial broker Moorhouse has expanded its online insurance comparison website Constructaquote.com to offer small to medium sized enterprise cover across a wide range of sectors.
Industry bodies join forces for Sovency II adoption
A host of industries bodies have joined forces to call for the Solvency II Framework Directive for Europe's insurers to be adopted without delay and in as complete a form as possible.
ABI slams point of sale PPI ban
The Association of British Insurers says the Competition Commission's proposal to stop point of sale payment protection insurance selling is "devastating news for borrowers".
Catlin anticipates a "significant improvement" in underwriting conditions
Catlin, the Lloyd's (re)insurer, said that it anticipates a "significant improvement" in underwriting conditions.
Paris Re reports Q3 net income rise as FX gains offset underwriting losses
Paris Re, the French (re)insurer, said that third quarter net income rose to $27.4m from $13m a year earlier, as large currency gains linked to the strengthening dollar against the pound and euro overcame US hurricane-related underwriting losses.
Allianz promises to take rating action to meet targets
Allianz has reported an operating profit of £140.8m for year end 2008, compared to £97.4m in 2007 in its it released its Q3 results for 2008. Gross written premium increased slightly to £1153.7m (£1142.2m: 2007), while the insurers combined ratio…
Chaucer says 9-month gross premium income up 19%
Chaucer, the Lloyd's of London (re)insurer, said that gross premium income for the first nine months of the year to end-September rose to £527.3m from £439.7m.
Chaucer sees positive results despite tough climate
Chaucer saw its premium income increase nearly 17% from the same time last year despite increased risks from hurricanes Gustav and Ike, the company announced today.
Helphire makes board changes
Helphire group finance director Mark Adams is to succeed Mark Jackson as chief executive officer from today.
Pick of the week
Click here for video Post reporters Sarah Hills and Alwynne Gwilt round up the top stories from the general insurance sector.
Pick of the week
Post reporters Sarah Hills and Alwynne Gwilt round up the top stories from the general insurance sect...
Managers need to set a fearless example
Managers in financial services companies have a responsibility to project confidence and set a posit...
CII podcasts tackle fraud
A series of podcasts has been launched by the Chartered Insurance Institute faculties, in conjunctio...
PB Week: Allianz reassures brokers of strength
Andrew Torrance tells PB how whilst many insurers are counting their losses from the credit crunch Allianz are in an enviable position, writes Katherine Brandon, reporter of Professional Broking.
Assured Guaranty in $209.4m bond deal
US insurer Assured Guaranty said it has guaranteed $209.4m of fixed rate series 2008B bonds issued by the City of Minneapolis on behalf of Fairview Health Services, a Minneapolis integrated health care system.
Arista in regional push
Arista will expand into the Midlands in January 2009. The move follows the development of its southe...
Ex-MMA director returns with Tradex role
Bob Still, former customer services director at insurer MMA, is set to return to the sector followin...
Appointment at APC Underwriting
APC Underwriting has recruited its first three business development managers as part of its regional...
Swiss Re in restructure
Tim Carroll, UK chief executive officer of Swiss Re, will leave his role in early 2009 following a c...
JLT: on track to deliver
Jardine Lloyd Thompson has claimed it is on track to deliver sustainable profitable growth in 2008. ...
MoJ works to 2009 deadline
The Ministry of Justice has mooted an October 2009 deadline for implementation of its personal injur...