Articles by Insurance Post Staff
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Risk Report
Cooper Gay raids Benfield
Cooper Gay has acquired Benfield's London-based aerospace team for an undisclosed sum. The move sees...
Appointment at Aon UK
Aon UK has appointed Jim Herbert as regional director for the central region. He will be responsible...
CII seeks backing over campaign for change
As expected, the recent announcement of the Chartered Insurance Institute's proposed name change - a...
Postonline: IBM video
Doug Coombs of IBM Software Group talks to Post group editor-in-chief, Anthony Gould, about the impa...
AIMIP launches website
The Association of International Medical Insurance Providers has launched its website, as a central ...
Fraud figures rise 22%
Fraud across both motor and household insurance has increased by 22% according to statistics generat...
Advisen alters loss forecast
US insurance research firm Advisen has revised its forecast to $5.9bn (£3.8bn) of losses to director...
IUA to take part in Lloyd's Exchange pilot
The International Underwriting Association has pledged its support for the Lloyd's Exchange and announced it will take part in the pilot which is due to start in early 2009.
Maidment leaves Allianz as part of restructure
ALLIANZ South and London trading director Paul Maidment is leaving the company following a restructure designed to grow SME business.
Gibbons leaves Giles
Another director has left Giles as part of the “streamlining” of the business.
Moody's downgrades outlook on US health insurers
The fundamental credit outlook for the UShealthcare insurance companies, spanning the next 12-18 months, hasshifted to negative from stable, Moody's Investors Service concludes inits recent report on the sector.
Arig turns in Q3 net loss
Arig, the Middle Eastern (re)insurer, announced a net loss of $10.8 m for the first nine months of 2007, down from a net profit of $10.3 in the first nine months of 2008. The group blamed "the global financial turmoil and the steepest fall in recent…
Demand for reinsurance expected to rise more than 20% in 2009/10 - Citi
Demand for reinsurance cover is expected to rise more than 20% in the two years, a senior analyst at Citi has said.
RSA encourages retailers to protect against power cuts
RSA is urging retailers to seek protection against the threat of winter power cuts.
Fitch gloomy on outlook for South Korean guarantee insurer SGIC
South Korean guarantee insurer Guarantee Insurance Company's (SGIC) has had the outlook on its insurer financial strength rating (IFS) revised to 'negative' from 'stable' and had its rating simultaneously affirmed at 'A'.
WR Berkley to buy Norwegian specialty insurer
WR Berkley said it has signed a letter of intent to acquire Oslo, Norway-based NEMI Forsikring ASA, which focuses on specialty lines of insurance.
RSA CEO Brown confirms restructure
Adrian Brown has announced a number of changes to RSA's senior management and a reorganisation of its key divisions.
Confused welcomes FSA comparison site review
Carlton Hood, chief executive officer of Confused, comments on the Financial Services Authority's price comparison site review.
Go Compare says FSA review raises "industry-wide issues"
Go Compare has commented on the conclusion of the Financial Services Authority’s review of insurance comparison websites.
Ryanair Rome near-crash insured by Axa - source
A Ryanair flight which narrowly averted a crash after a flock of birds was caught in the plane's engines was insured by French insurance giant Axa, Reinsurance has learned.
Biba welcomes FSA's comparison site review
The British Insurance Brokers’ Association has welcomed the Financial Services Authority’s call for prompt action to be taken by comparison websites.
Airline rates continuing to climb - Willis
After years in the doldrums, airline insurance rates are continuing to rise, according to research from Willis.
Malaysia's Ambak to buy MAA's nonlife unit
(BestWire) — MAA Holdings Bhd said it has signed a memorandum of understanding with AmG Insurance, a nonlife insurance subsidiary of AmBank Group for the sale of Malaysian Assurance Alliance's nonlife insurance business in Malaysia.