Articles by Jonathan Swift
Ferma members voice concerns over supply chain management
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a simple survey by Ferma has confirmed.
Labauan Re warned over rated action due to Thai flood losses
AM Best has placed under review with negative implications and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings of “a-” of Labuan Reinsurance.
Fitch positive on Tokio Marine's Delphi swoop for enhancing overseas earnings
Fitch Ratings has said that there will be limited immediate impact on Tokio Marine & Nichido Fire Insurance, a core company in Tokio Marine Group, from Tokio Marine Holdings's proposed acquisition of Delphi Financial Group.
AM Best warns of a reduction in ARIG's capital, but affirms rating
AM Best Europe has today affirmed the financial strength rating of B++ (Good) and issuer credit rating of “bbb+” of Arab Insurance Group. The outlook of both ratings remains stable.
Guernsey financial services body welcomes India tax agreement
Guernsey has signed a tax information exchange agreement with India.
Antonio Huertas Mejías to take over as chair of Mapfre
The board of directors of Mapfre has elected Mr Antonio Huertas Mejías as the new chairman of the company and chief executive of the group.
Global insurance premiums top pre-crisis levels at $4.3trn according to study
Global insurance premiums grew by 2.7% in inflation adjusted terms in 2010 to $4.3 trn, climbing above pre-crisis levels, according to a new study by The City UK.
Swiss Re rating upgraded due to "limited" exposure to eurozone debt
AM Best has upgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and issuer credit ratings (ICR) to “aa-” from “a+” of Swiss Re and its subsidiaries.
Brit restructure sees up-for-sale UK arm trimmed of Lloyd's business
Brit Insurance Holdings has confirmed that from the beginning of 2012, all of the group’s reinsurance and specialty business will be written by Lloyd’s Syndicate 2987 (managed by Brit Syndicates Limited).
Dual strikes Aspen and Pembroke capacity deals
Specialist underwriting agency Dual Corporate Risks has entered into a strategic partnership with Aspen Managing Agency (Syndicate 4711) and Pembroke Managing Agency (Syndicate 4000) to provide additional capacity for directors' & officers' liability.
Former Citibank broking boss joins Howden Asian board
Howden Broking Group, the broking arm of Hyperion Insurance Group, has recruited Brian Dallamore as an advisor and consultant in Asia.
Former Aon UK boss Mahoney takes chair role and invests in analytics firm
Former Aon UK boss and past winner of the British Insurance Awards Achivement gong Dennis Mahoney has been appointed chairman of Sciemus, the analytics and modelling company.
Chinese insurance giant PICC P&C unveils HK$6.13bn IPO plan
Chinese insurance group PICC Property and Casualty has nnounced plans to raise HK$6.13bn through a listing on the Hong Kong Stock Exchange.
Insurance broker buys majority stake in non league football club
Oxford-based insurance broker Bridle Insurance has taken a majority shareholding in Blue Square football club Eastleigh.
Omega seeks clarification over Haverford bid as deadline approaches
Lloyd's insurer Omega has admitted that bidder Haverford is considering cutting its offer for 25% of the business.
A Plan to open more branches as brokerage breaks £50m barrier
High street personal lines broker A Plan has reported a 19% growth in operating profit for the 12 months ended 28 February 2011 to £19 95m (2010: £16.79m).
The Rehabilitation First Awards
Incisive Media, the organisers of the annual Rehabilitation First Awards, would like to clarify some confusion that has just emerged. It was in no way responsible for the 2011 Eclipse Personal Injury Awards which took place on the 24th November at the…
In conversation with Thunderhead: Customer engagement and the need to shift from an ‘inside-out’ to ‘outside-in’ culture
There is a lot of talk about enterprises changing their cultures from ‘inside-out’ to ‘outside-in’, but what does this mean, how does this impact the customer and who is best positioned to oversee it?
Axa, MMA and Allianz linked with Groupama swoop
Axa, MMA's parent Covea and Allianz have been tipped to buy Groupama arm GAN, according to reports.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Catlin marine and transport division takes underwriting team of the year 2011 title
Ace Europe and Catlin were both double winners at the 2011 Underwriting Service Awards last night at the Kia Oval.
Lloyd's director encouraged by growth of Chinese broking sector
China offers commercial and reinsurance brokers a great opportunity for growth, although the role of local players may ultimately outstrip the international names.
Bancassurance growth outstrips traditional models in Asia
The growth of the Bancassurance model is outstripping that of agents in many parts of Asia according to Joyce Chan.
Chinese motor market tipped to open up to international players
The Chinese motor market could offer great opportunities for international insurers if local legislation is relaxed next year.