Articles by Insurance Post Staff
Ace Bermuda increases Integrated Occurence capacity by $50m
Ace Bermuda, the Bermudian arm of Ace, said that it has increased its integrated occurrence capacity from $100m to $150m effective immediately. This additional capacity is available under ACE Bermuda’s core excess liability product – the Occurrence First…
BIBA confirms it will continue to represent all brokers
The British Insurance Brokers’ Association says it’s “business as usual”, following the proposal of a new association for brokers operating in the international wholesale and reinsurance markets.
QFC approves new broker
HSBC Insurance Brokers has received regulatory approval from the Qatar Financial Centre to establish a branch office to provide insurance broking services to corporate customers within Qatar.
LMBC's board agrees to set-up new association outside of BIBA
The LMBC has sent a letter to its members this week advocating setting up a broking association separate to the British Insurance Brokers' Association for London market brokers.
Oval confirms £115m expansion deal
Oval has confirmed it has signed an agreement with a group of leading UK banks for an enlarged £115m senior banking facility to facilitate its acquisition and expansion programme as reported by Post .
Aon acquires UK broker
Aon has agreed to acquire specialist insurance broker, Supercover Holdings for an undisclosed amount.
Novae recuits senior HCC duo to head liability unit
Novae Syndicates Limited has appointed Janet Edey and Matthew Carr jointly to head its Syndicate 2007 management liability unit.
LV offer for Highway goes unconditional
LV has said that all of the conditions of its offer for Highway have now been satisfied or waived and, accordingly, and the offer has been declared wholly unconditional.
Aviva shares rise after group CEO outlines capital position
Norwich Union parent Aviva's shares have risen 8.11% (33,25 pence) to 443 pence so far this morning on news that its capital position remains strong.
Former XL boss joins Torus as CEO
Torus Insurance today announced that it has appointed Clive Tobin as the group’s chief executive officer, effective January 1, 2009. He will succeed interim Chief executive officer David Hope who will continue as chief underwriting officer.
AM Best upgrades Arch
AM Best has upgraded the issuer credit ratings to "a+" from "a" and affirmed the financial strength rating of A (Excellent) of Arch Reinsurance and its reinsured affiliates.
AIG gets new loan
AIG has been given another $38bn loan from the US government only days after being lent $85bn, the company said in a statement.
Pick of the week
Post reporters Alwynne Gwilt and Sarah Hills look at the major stories from the general insurance mar...
Integra awards high achiever for outstanding service
A Tesco Personal Finance contact centre agent has won the first of 2008's Integra Insight Contact Ce...
Ask the expert
A very good friend of mine is keen to leave their current (troubled) firm and has sounded me out about joining my department. I am nervous about putting his CV forward. Do you have any advice?
Allianz sets CII benchmark with 78% exam pass rate
Allianz Insurance employees have beaten the industry average for the seventh consecutive year in the...
Appointment at Close Premium Finance
Close Premium Finance has recruited three new account managers to oversee the integration of the rec...
Road accident victim case offers Ogden guidance
Crofts v Murton (Queen's Bench Division - 5 September 2008)
Brit launches bolt-on rehabilitation service
Brit has launched a rehabilitation service as a bolt-on to its employers' liability insurance in an ...
Director remembered
Chaucer Insurance claims director, Nick Burnap, 48, pictured, passed away suddenly at his home in Fo...
Appointment at Solaglas Windowcare
Solaglas Windowcare has appointed Phil Rogers as national account manager, with responsibility growi...
Appointment at Allianz
Allianz Engineering has appointed Jonathan Oldfield as regional business manager for London. He will...
Cobra upbeat despite broken expectations
Cobra has claimed its results "have fallen short of expectations" due to difficult conditions in the...