Insurance Post Staff
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Biba 09 interviews Part Six
In the sixth part of a series of camera interviews conducted at this year's Biba conference in Manchester, Sarah Hills - senior reporter, Post Magazine - talks to a range of industry spokespeople about the future of the insurance industry, asking how…
Senior Guy Carpenter exec moves to Cooper Gay
Cooper Gay, the leading independent wholesale, reinsurance and specialist retail insurance broker, has announced the appointment of David Skey as it looks to grow its share of reinsurance business in Continental Europe.
Miller starts facultative reinsurance unit
As reported by Reinsurance Magazine, Miller, the UK's leading specialist independent insurance and reinsurance broker has started up a facultative reinsurance unit.
Amlin Fortis buyout 'expensive' - JP Morgan
Analysts at JP Morgan have said that Amlin's purchase of Fortis Corporate Insurance from the Dutch government for €350m was "expensive".
Amlin makes acquisition
Lloyd's (re)insurer Amlin said it has agreed to buy Belgo-Dutch property and casualty insurer Fortis Corporate Insurance (FCI) from the Dutch Government for €350m.
Standard Life launches new PMI product
Standard Life has launched a new modular private medical insurance (PMI) product.
CEA argues for full renewal of the Insurance BER
The CEA, the European insurance and reinsurance federation, has stated that all four areas currently exempted by the Block Exemption Regulation need to be renewed when the current BER expires in 2010.
Aviva launch Fast Trade commercial gateway live on Acturis
Aviva has launched its Fast Trade broker extranet for commercial lines business with software house Acturis.
Primary Group plots merger to create £220m GWP MGA
Primary Group has announced plans to merger its managing general agency subsidiaries PBS Holdings and Longhawk.
Aon launches Terrorism Threat map
Aon Crisis Management has launched a Terrorism Threat Map following a shift in Islamist terrorist activity from the Middle East to South Asia.
AIG to sell Argentinian consumer finance operations
AIG has said that it has entered into an agreement to sell of all its consumer finance operations in Argentina.
Heritage Managing Agency renamed Argo International
Argo, the Bermudian (re)insurer, has said that Heritage, its Lloyd's managing agency, has been renamed Argo Managing Agency Ltd. and will conduct business under the brand name of "Argo International".
Towergate strengthens Newcastle team
Towergate today announces another key appointment to its retail operation in Newcastle.
Biba hails FSA decision on regulatory fees
The British Insurance Brokers' Association (Biba) claimed a victory when the Financial Services Authority (FSA) issued a policy statement setting out its final decision on the level of regulatory fees and levies for the 2009-2010 financial year.
Insured losses from crashed Air France plane may reach $1bn
The Air France passenger plane that went missing over the Atlantic Ocean may result in $1bn of insured losses, Guy Carpenter has said, quoting the UK reinsurance press.
Charles Taylor Consulting acquires
Charles Taylor Aviation has acquired ASG, a specialist aviation asset management consultancy.
Senior exec resigns from Axis - sources
Richard Housley, chief executive of Axis Capital's specialty line division has resigned from the Bermudian reinsurer, Reinsurance has learned.
Key Aon Benfield broker moves to Towers Perrin - sources
Aon Benfield has seen one of its key brokers resign to go to Towers Perrin, Reinsurance has learned .
Hardy makes Bermudian appointment
The Company is pleased to announce the appointment of Paul Bailie as Managing Director of Hardy Bermuda Limited, the group's Managing General Agent in Bermuda.
Axa regional head takes up Brit business development position
Brit Insurance has hired Axa area manager Keith Commander as its business development manger for the north-west region.
Lloyd's insurer in capacity offer for 2010 year of account
Lloyd's insurer Omega today announces that it is making an offer on behalf of Omega Dedicated, a wholly-owned subsidiary of Omega, to acquire capacity on Syndicate 958 not already owned by the Omega group for the 2010 and each subsequent year of account.
AIG unit United Guaranty appoints new CEO
AIG's mortgage guaranty insurer United Guaranty has appoint Eric Martinez Jr as its new chief executive.
Reinsurance rates up 10-15% at 1/6 - Aon Benfield
Aon Benfield, the (re)insurance broker, has said that reinsurance renewals at June 1 rose 10-15%.
MMC unit sells business
Kroll, the risk consulting arm of Marsh & McLennan, said it has sold its US government security clearance screening business, Kroll Government Services, to private equity firm Veritas Capital for an undisclosed sum.