Articles by Insurance Post Staff
Insurers should not underestimate work involved for SII implementation
Ernst & Young has warned insurance companies to recognise the urgency of meeting the 31 October 2012 deadline for Solvency II.
Broker Direct makes fourth acquisition
Broker Direct has completed the acquisition of Scunthorpe-based Barry Fenton Insurance Brokers based.
RSA sees "competitive" UK market NWP shrink
RSA today reported group net written premiums of £1.9bn for the first quarter, up 8% (in line with 2008 at constant exchange rates). The insurer added it expects to deliver a COR of around 95% in 2009.
Premiums are on a 'knife edge' - Aon
UK companies renewing insurance in Q2 could be paying equal or less premium with just 50% of underwriters pr edicting an increase in property rates, according to Aon's quarterly index Market Pulse.
Keelan Westall renews BibaLet contract
Commercial property insurance broker Keelan Westall – part of the Property & Commercial Division of Barbon Insurance Group – has renewed its contract to operate BibaLet.
Arag recruits trio from major insurers
Arag has strengthened its underwriting and claims departments with the recruitment of three additional staff.
Endurance Q1 net income improves
Endurance Specialty Holdings, the Bermudian (re)insurer, said that net income for the first three months of the year rose to $78.3m from $77.8m in the first quarter of 2008.
Easy Jet unveils new insurance arrangement
Mondial Assistance has renewed its successful relationship with low cost airline Easy Jet with a five year pan-European agreement.
Zurich GI profit cut by 25%
Zurich has reported that its general insurance gross written premiums decreased 12% to $9.8bn and a decline in profit of 25% to $889m. Its general insurance combined ratio worsened 1.2 points to 95.8%.
Beazley sees premium up 27% in the first quarter
Lloyd's insurer has reported that gross premiums written to the end of March were £256.2m, which was 27% above 2008 at the same stage.
Zurich Q1 profits fall 40%
Zurich Financial Services, the Swiss insurance giant, said that first quarter net income fell 75%.
Beazley reports jump in GWP
Beazley, the Lloyd's (re)insurer, said that gross written premiums for the first three months of the year were up 27% on last year.
Swiss Re beats analysts' expectations with Q1 profit
Swiss Re, the Swiss (re)insurance giant, beat analysts' expectations when it said that it had recorded net income in the first quarter of the year.
Optimism in recession
A third of employers within the insurance industry believe that the sector has been less affected by...
Stress safeguarding advised
Allianz has urged businesses to ensure that they remain proactive in the risk management of stress-r...
Beachcroft to open in Wales
Beachcroft is to open an office in Newport, South Wales, taking over 109 staff and the entire defend...
RSA outsources book
RSA has outsourced More Than's multi-million pound book of travel business to Europ Assistance. Mike...
A lifetime in insurance - Clocking off
Retiring after almost 50 years in the industry, Vic Thompson, founder of Thompson, Heath and Bond, r...
Appointment at Miller Insurance
Miller Insurance Services has appointed Jennifer Lin as director and general manager of Miller Hon...
Coversure eyes first acquisition target
Coversure Insurance Services has created a new acquisitions and affinities department in a move to b...
Appointment at Alan Gray
US claims, accounting and legal fee audit firm Alan Gray has set up a European operation based in Lo...
Auto Trader to dominate
Auto Trader has said its revamped car insurance comparison site is set to become the largest special...
PB training event kicks off
The second Professional Broking Leadership Training for Broker Managers event will begin on 22 July ...
Appointment at CII
David Gittings has stepped down as chairman of the London Market Faculty board at the Chartered Insu...