Articles by Insurance Post Staff
PB magazine relaunch
Post's sister title Professional Broking, which provides business intelligence for broker managers, ...
Penny Black's insurance week
It would appear that Lloyd's and the London market may be in for a rocky 2008 if the superstitious u...
Howden in med mal push
Independent Lloyd's broker Howden has announced it is building a new team in London to enhance its i...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
APC looks to next level after Lloyd's deal
Commercial underwriting agency APC is targeting £30m premium income by 2010 after signing a "unique ...
Expect the unexpected
Major losses: Adjusting challenges
British Florist Association announces new insurance partnership
The British Florist Association has joined forces with Bridge Insurance Brokers to provide their existing FloriGuard insurance policy to its members.
CV Starr forms Bermuda and Lloyd’s sidecar
Starr Managing Agents (SMAL), part of specialty (re)insurer C.V. Starr, has announced a partnership with energy industry private equity firm First Reserve Corporation to form Lloyd's Syndicate 2243. The new syndicate will be part of Sideris Re, a new…
Former Gen Re Exec: Buffett knew about portfolio transfer deal
Warren Buffett, head of Berkshire Hathaway, was informed of the no-risk loss portfolio transfer deal that prosecutors claim American International Group used to disguise the true nature of such loss reserves in 2000 and 2001, according to the interview…
Carmilani adds chairman to CEO and president roles
Bermuda-headquartered (re)insurer Allied World Assurance Company has announced that Scott Carmilani, its president and chief executive, has been appointed chairman of the board effective 1 January, 2008.
Scottish Re woes continue with de-listing threat
Troubled life reinsurer Scottish Re Group has announced that on 2 January, 2008 it was notified by the NYSE Regulator, that its share price had fallen a required thirty trading-day average closing stock price of over a dollar per ordinary share.
Online motor rates hardening for first time since 2005 claims report
Online comprehensive motor insurance premiums dipped slightly during quarter four in 2007, the first quarter to see a fall in the average price since 2005, according the latest motor insurance benchmark from Experian.
World riskiest for a decade says WEF report
Global think tank the World Economic Forum has released a report highlighting the need for new thinking and concerted action in a number of problem areas.
Oval reveals latest acquisition
Broking consolidator Oval has acquired Ipswich based broker AJ Cook – commonly known as Cooksheppardpinhey.
Lockton plans move for 2010
Lockton has announced it has agreed to a 20-year lease to move into a new European Headquarters at UK property developer Minerva’s St Botolphs site.
RFIB appoints director
RFIB appointed Hugh Champion as director.
Endurance Specialty Holdings makes appointment
Endurance Specialty Holdings has announced Robert Needle will join the company as executive vice president excess casualty and professional lines.
MIB highlights 2007 results
The Motor Insurers’ Bureau has welcomed the results of its campaign to remove the menace of uninsured driving from English roads.
Legal Protection for HM Forces Officers
In an increasingly litigious society and with the removal of Crown Immunity, the likelihood of members of HM Forces suing the Crown is increasing, accoridng to a military insurance provider. Towergate Wilsons have launched an Officers Legal Protection …
Towergate Wilsons launches legal product
Towergate Wilsons has launched an Officers Legal Protection policy to face the increasing likelihood of members of HM Forces suing the Crown.
NFU to return 10% of premiums to policyholders despite £112m flood hit
Despite flood claims totalling over £112m in last year’s floods and storms, NFU Mutual has said it will be returning up to 10% of renewing customers’ premiums in 2008 through its Mutual Bonus scheme.
XL renews with smaller $136m Cyrus Re II retro sidecar
Bermudian reinsurer XL Re has announced a quota share reinsurance treaty with a newly-formed Bermuda reinsurance company, Cyrus Re II.
Liberty enlarges regional footprint
Liberty International Underwriters has announced the acquisition of Cheltenham-based Vision Underwriting.
White Mountains cancels Helicon Re, citing market deterioration
White Mountains Re has acquired its Helicon Re retrocession sidecar Helicon Re Holdings for approximately $150m.