Articles by Jonathan Swift
Munich Re unveils profit estimate for 2010
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (2009: €2.56bn), despite substantial major losses, it announced this morning.
Munich Re unveils profit estimate for 2010
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (2009: €2.56bn), despite substantial major losses, it announced this morning.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Towergate to benefit from "first mover advantage," claims Fitch
Fitch Ratings has affirmed the long-term issuer default rating of Towergate Finance at 'B'. The outlook is stable.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
Advent seals £200m investment in Towergate and CCV
Towergate Partnership has entered into a conditional agreement in relation to a £200m investment by global private equity firm Advent International.
Lloyd's insurer Amlin to acquire underwriting agency Lead Yacht
Amlin has entered into an agreement to acquire Lead Yacht Underwriters from members of its board of directors. The transaction remains subject to the approval of the change of control by the Financial Services Authority.
Direct Line enters mid net worth market with new product
Royal Bank of Scotland Insurance has launched Direct Line Select, aimed specifically at consumers it believes need higher levels of cover than standard policies typically provide.
Broker Igo4 sells minority stake to Dutch investor
Igo4, the personal lines broker founded in 2007 by former BGL directors Matt Munro and Tom Cooper (pictured), has agreed an investment deal with IVM Intersurer BV, a Dutch holding company that specialises in investing in insurance related businesses.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Editor’s comment: Pioneering times
It is somewhat fitting that Post includes an interview with Hiscox chairman Robert Hiscox in the same week that Royal Bank of Scotland Insurance announces its plan to make a play for one his firm’s traditional heartlands, the mid and high-net-worth space…
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.
Igo4 seals investment deal to push aggressive growth
Personal lines broker Igo4 has sealed a “significant” deal with an insurance investment specialist, which it claims will facilitate the next phase of its development, including launching its own contact centre.
Zurich European CEO appointed to the group board
Zurich has announced the appointment of Patrick Manley to its group management board.
Zurich European CEO appointed to the group board
Zurich has announced the appointment of Patrick Manley to its group management board.
Hiscox puts UK winter freeze bill at £16m, but on track for healthy profit
Hiscox today reported that although 2010 was marked by many significant and expensive catastrophes, most of these occurred in areas where it had deliberately reduced exposure due to weak rates.
Hiscox puts UK winter freeze bill at £16m, but on track for healthy profit
Hiscox today reported that although 2010 was marked by many significant and expensive catastrophes, most of these occurred in areas where it had deliberately reduced exposure due to weak rates.
Fitch predicts non-life improvement as it affirms Allianz's 'AA-' rating
Fitch Ratings has affirmed Germany-based Allianz SE's insurer financial strength rating and long-term issuer default rating (IDR) at 'AA-'.
Fitch predicts non-life improvement as it affirms Allianz's 'AA-' rating
Fitch Ratings has affirmed Germany-based Allianz SE's insurer financial strength rating and long-term issuer default rating (IDR) at 'AA-'.
ONS cites snow and construction decline for 0.5% drop in Q4 GDP
The UK's Gross Domestic Product decreased by 0.5 per cent in the fourth quarter of 2010, compared with an increase of 0.7 per cent in the previous quarter.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.