Articles by Insurance Post Staff
RBSI sells stake in JV on eve of insurance D-day
Supermarket giant Tesco has said it will continue to use Royal Bank of Scotland Insurance to underwr...
Helsinki criterion ruling retreat
Shortell v BICAL Construction (sued as successor to BIC Construction Ltd) (Queen's Bench Division - 16 May 2008)
Court rules third-party cost order necessary
I-remit Inc v Far East Express Remittance (Chancery Division - 2 May 2008)
Advent snubs offer
UK-listed Lloyd's insurer Advent has rejected the advances of US financial company Fairfax for the b...
Appointment at First Title
First Title Insurance has hired David Simpson as sales manager for the UK regions. Mr Simpson joins ...
Appointment at Perkins Slade
Perkins Slade has appointed David Slade as non-executive chairman. Nick Tamblyn, previously financia...
XL UK boss: job cuts will be minimal
XL will look to make cost cuts over the next year, the company said after announcing its net income ...
What the papers said this week
Sunday Mercury Businesses wrecked by last summer's devastating floods are risking bankruptcy - be...
Appointment at Swiss Re
Swiss Re has appointed Stefan Lippe as deputy chief executive officer and chief operating officer. M...
EL does not exclude respondent duty of care
Lough v Intruder Detection and Surveillance Fire and Security Ltd and Fulton (Court of Appeal - 26 June 2008)
Appointment at Marsh
Marsh has recruited Iain Brown and Shirley Sutcliffe as senior placement brokers in its national mar...
FSCS pays out £82m
The Financial Services Compensation Scheme paid out a total of £82m in compensation claims for 2007/...
Underwriting complex risks - Man meets machine
Business Technology
Appointment at Groupama
Groupama has recruited Paul Cann as HR director. He will be based at Groupama's head office in the C...
Post Pick of the Week Video
Post editor Jonathan Swift looks at the major stories from the general insurance market. This week: Lloyd's broker touted as latest sell-off target; start-up targets Muslim-owned SMEs; Quinn culled from RICS-approved list; QBE named as pier property…
Genesis Underwriting promotes Williams to lead new division
Genesis Underwriting Management, the US (re)insurer, has appointed Kevin Williams to manages its reinsurance & programs divisiion - a new platform that will combine its former capitive reinsurance division with its commercial insurance division.
UK insurer Congregational and General's ratings downgraded by S&P
UK general insurer Congregational and General has had its counterparty credit and insurer financial strength ratings lowered to 'BB+' from 'BBB-' by ratings agency Standard and Poors, with the rating placed on to Credit Watch with negative implications.
Giles snaps up southern broker
Giles Insurance Brokers boosts its southern presence with the acquisition of Battersea-based broker Archibald Reid.
Everest Re installs Doucette as executive V-P
As revealed by Reinsurance Magazine , Bermudian (re)insurer Everest Re said that it has appointed former Max Capital founder John Doucette to the position of executive vice-president.
Jelf shares climb 20%
Jelf, the Yate-based insurance and healthcare broker, has seen its shares climb over 20% today to 210 pence, valuing the company at £104.6m.
Transatlantic Re opens Munich office
Transatlantic Reinsurance Company (TRC), a subsidiary of Transatlantic Holdings, has said it will open a representative office in Munich, Germany.
Less than $100m of claims expected from LA earthquake - report
Ratings agencies are not expecting a deluge of claims to the (re)insurance industry stemming from the earthquake which hit Los Angeles earlier this week should not cause a market loss of $100m, says a report from Guy Carpenter, quoting Eqecat.
Lords' threat to kill judgment favours police
The House of Lords has delivered its judgment in the conjoined appeals of Van Colle v Chief Constable of Hertfordshire and Smith v Chief Constable of Sussex .
(Re)insurers fingered for 'insuring repression' in Burma
The Burma Campaign UK has fingered some of the world's biggest insurers, accusing them of facilitating the "flow of billions of dollars to the Burmese regime, money that hasn’t benefitted Burma’s people and has instead been used to finance campaigns of…