Articles by Mark Sands
Innovation Group unveils new UK property management team
Innovation Group has revealed its new UK property management following its acquisition of LAS.
Generali expands Asia-Pacific business with Mitsui tie up
Italian insurer Generali has completed a deal to expand its operations in Asia and Oceania in partnership with Mitsui Sumitomo
Xchanging unveils iPad claims service
Xchanging has launched a new suite of tools to provide claims agreement facilities directly from an iPad.
Helios boosts syndicate profit forecasts
Helios Underwriting has increased forecasts for syndicate profits for 2011 and 2012, adding an additional £300 000 of profits to the mid-point of forecasts.
Ecclesiastical promotes Campbell to CFO
Specialist insurer Ecclesiastical has promoted its finance director to a new role as chief financial officers, subject to regulatory approval.
Lloyd’s forecasting tough 2014
A combination of high catastrophe claims and weak investment income has led Lloyd’s to forecast a challenging 2014 for the market in spite of today announcing a £3.2bn profit.
CII launches introductory broker exam
The Chartered Insurance Institute has unveiled a new certificate level exam as an introductory qualification.
Ecclesiastical swings to UK underwriting profit as group losses shrink
Specialist insurer Ecclesiastical has seen its UK insurance business return to profit in 2013, moving from a loss of £12.3m to £9.8m profit, while group underwriting losses have also narrowed.
Global cat losses down 44% for 2013
Global insured losses from catastrophes have almost halved in 2013, dropping to £27bn according to a new study from Swiss Re.
Perils hikes Windstorm Dirk loss estimate to £294m
Zurich-based catastrophe data firm Perils has increased its property insurance market loss for the windstorm which wracked the UK and France from December 23 to December 25.
Barbican to boost UK capacity with Inter Hannover deal
Barbican is to grow its UK P&C division through a capacity deal with Inter Hannover.
Lloyd’s profits up 14% following record GWP
Lloyd’s has recorded profits of £3.2bn for 2013, up 14% on a previous year equivalent of £2.8bn in 2012, after reaching a new record high of gross written premiums.
LAS COO Dunworth resigns days after Innovation Group buy
LAS chief operating officer Max Dunworth is to depart the business later this year, Post can reveal.
Russian insurer reportedly axing Ukraine riot covers
Russian insurer Ingosstrakh has reportedly reduced operations of its Ukrainian subsidiary Ingo Ukraine in the face of ongoing political instability.
Junction extends Post Office partnership
BGL's partnership and affinity business Junction has completed a deal to extend the length and breadth of its work with the Post Office.
Daley handed Plum board role
Plum's head of underwriting and claims has been handed a new role as board director.
External forces driving risk management transparency says Guy Carp
Transparency on risk management targets and practices is improving according to reinsurance broker Guy Carpenter, with regulatory and market forces said to continue the trend.
Motorists 'too trusting' of their cars
Drivers have too much faith in their vehicle's ability to deal with floods and bad weather according to Be Wiser insurance.
Miller recruits from Asia Capital Re to develop regional reinsurance book
Miller has recruited a non-marine treaty reinsurance specialist from Asia Capital Re to bolster its presence in Asia.
Osborne pledges £140m for flood defences
Chancellor George Osborne has promised £140m of funding towards flood defences following the storms and floods which wracked the UK over winter.
Charles Taylor pre-tax profits inch up after adjusting growth
Charles Taylor has seen its full year figures climb after its adjusting business saw operating profits jump by more than 75%.
Howden to acquire Colombian reinsurance broker
Howden has completed a deal to acquire a Bogota-based reinsurance broker, pending regulatory approval.
Prettejohn linked with Lloyds Bank non-exec seat
Nick Prettejohn is to be named a non-executive at Lloyds Banking Group according to a report from the Financial Times.
Soft rates stall motor insurance IPOs after Esure falters
SNL Financial says ‘no bottom in sight’ for motor pricing.