Articles by Jonathan Swift
Brit still in profit at H1 2011 despite 15.5% COR hit for major claims
Brit Insurance has this morning reported that its profit before tax was £6.8m for the first six months of 2011 (30 June 2010: £77.5m). Excluding the effect of foreign exchange on non-monetary items it was £1.6m (30 June 2010: £72.8m).
RFIB recruits new international boss from Price Forbes
RFIB Group, the Lloyd’s insurance and reinsurance broker, has recruited Andrew Hutchings as divisional director in RFIB International.
Irish Quinn founder plans insurance return via Malta
Sean Quinn, founder of troubled Irish insurer Quinn, is understood to have acquired a Malta-based insurance licence to help his return to the insurance market.
Quinn founder plots insurance return with Malta-based Q2
Sean Quinn has acquired a Malta-based insurance licence which will allow him to return to the market in the coming months, it has been reported.
2011 Fraud Awards Shortlist is announced
The shortlist for the 2011 Fraud Awards has now been revealed. This event, now in its 3rd year, recognises and rewards excellence across the market. The celebrations will take place on Wednesday 5 October.
RPC: drop in High Court cases masks insurer litigation
There has been a 30% fall in the number of commercial cases launched in the High Court, down to 47 884 in 2010 from 68 084 in 2009, according to City law firm Reynolds Porter Chamberlain LLP.
Former Indy staff lose compensation after employment tribunal appeal
Hundreds of former Independent Insurance staff have lost the right to compensation after the liquidated company appealed an earlier ruling.
Solvency II: Defining a practical implementation strategy
If you missed the recent live webinar debating Solvency II and practical implementation strategies - it is now available for viewing on-demand.
Solvency II: Defining a practical implementation strategy
If you missed the recent live webinar in conjunction with Sas debating Solvency II and practical implementation strategies - it is now available for viewing on-demand.
Accenture to ramp up insurance offering with swoop for Duck Creek
Accenture has entered into an agreement to acquire general insurance software specialist Duck Creek Technologies.
AM Best: "Smooth" Solvency II transition will help Lloyd's
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance Company (China).
Lloyd's broker THB still on the hunt for deals despite AmWINS interest
Lloyd's broker THB this morning reported that fees and commissions were up 6% to £26m for the 6 months to 30 April.
British Insurance Awards 2011: Rising to the occasion
With the exceptionally high standard and sheer number of entries for this year’s British Insurance Awards, our panel of industry experts faced a tough task in picking out the winners in each category - and it was a challenge that they rose to with gusto,…
Robertson Taylor co-founder Willie Robertson passes away
Willie Robertson, co-creator of the specialist music and live entertainment broker Robertson Taylor, sadly passed away on the 9 July 2011 after a determined fight against cancer, it was revealed today.
British Insurance Awards 2011: A humble champion
ACHIEVEMENT AWARD – WINNER – DR SANDY SCOTT
City of London Police to create £9m 35 strong insurance fraud team
The insurance industry has confirmed final plans to fund a multi-million pound City of London Police unit aimed at tackling insurance fraud.
Hiscox expects to hit £1bn in 2012 on Syndicate 33
Hiscox has said it envisages a 2012 capacity of £1bn for Syndicate 33, an increase of £100m from 2011.
Broker claims boss is promoted to the main board
Lark Group announces the appointment of Julie Whitehead to its main board.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Winners speak out from BIA 2011
Re-live the 2011 British Insurance Awards with this short video featuring many of the winners giving their responses to being acclaimed at the Royal Albert Hall.
Chartis backs London-based Takaful insurance broker
A company claiming to be the world’s first Shariah compliant insurance broker to offer premium Takaful and Re-Takaful commercial risk solutions in the UK has today been launched in London.
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Amlin sees international cat renewal rates rise by 50%
Lloyd's insurer Amlin estimates net claims from the two major US tornadoes during April and May 2011 of approximately $50m.