Articles by Mark Sands
Liberty Syndicates boosts new speciality products team
The Lloyd's operation of Liberty Mutual has recruited Simon Stokoe to its recently launched speciality business.
Torus gets Buffett backing
International insurer and reinsurer Torus has received a capital injection from National Indemnity Company, a subsidiary of Berkshire Hathaway.
OFT decision hit DLG float pricing, say analysts
The referral of the motor market to the Competition Commission has had a direct impact on Direct Line Group's pricing estimations as the company continues plans to float up to 33% of total share capital.
DLG expects £2.7bn value on flotation
Direct Line Group has announced a price range for its planned initial public offering of 160p to 195p per share.
NHBC names Mike Quinton as CEO
Mike Quinton has been appointed chief executive of the National House Building Council.
Marketform appoints first chief risk officer
Lloyd's insurer Marketform has appointed Jubilee Managing Agency's chief actuary Veekash Badal as its first chief risk officer.
ABI launches Retail Distribution Review jargon buster
The Association of British Insurers has created a guide for retail customers to help boost understanding of changes due under the Retail Distribution Review
Aviva sells Sri Lanka business
Aviva is to sell a controlling interest in its Sri Lankan operation to American International Assurance.
Broker Network and Countrywide recruit insurer director
Towergate subsidiaries Broker Network and Countrywide have appointed Keychoice's head of underwriting as insurer director.
Economic downturn driving liability demand
Demand for higher levels of liability insurance has surged across Europe, the Middle East and Africa, according to Marsh.
Purple Partnership in tie up with LV
Independent broker network Purple Partnership has announced a deal with LV, which will now serve as a commercial key partner.
UK flood claims expected to rise further
Severe weather in the UK has been credited to Hurricane Nadine today as parts of the country suffer from heavy rain and strong winds.
Tawa sells reinsurance businesses
UK insurer Tawa is to sell 100% of its shares in KX Reinsurance and its subsidiary OX Re to Catalina for a maximum of $30m.
Ping An files Belgian arbitration claim
China's second largest insurer, Ping An, has filed an international arbitration claim against Belgium in a bid to reclaim losses from an investment in Fortis.
Education key to lowering young drivers' premiums, says DLG
Direct Line's managing director of retail personal lines has called for a greater focus on education and responsibility before motor premiums can fall.
Flood warnings raised as weather worsens
Heavy rainfall has prompted the UK's Environment Agency to raise the number of flood warnings to 21.
DLG names Aspen chairman and RBS corporate CEO as directors
Direct Line Group has appointed Glyn Jones and Mark Catton as a senior independent director and non-executive director, effective immediately.
Brownsword recruits LV claims director
Former LV claims lead Phil Anderson has joined Brownsword to act as head of the claims management specialist's advisory board.
Allianz notches up 82% pass rate on CII exams
Just over 80% of Allianz staff sitting Chartered Insurance Institute exams have passed all subjects, according to the insurer.
Lockton launches technology practice
A new operation focused on technology and intangible risks has been set up by Lockton.
Collinson agrees Ancile Insurance travel cover deal
Collinson Insurance Group is to provide underwriting capacity for Ancile Insurance's retail travel insurance business.
'Super cedants' force reinsurers into caution
Consolidation among insurers means that catastrophe reinsurers could be more exposed to shocks on exposures, according to a study published today.
Piracy risks undiminished by Somali election, says Willis
The election of Somalia's first formal government in more than 20 years is unlikely to mitigate risks of piracy in the Gulf of Aden according to a report from Willis.
Jubilee parent RSG confirms Direct Group acquisition plans
The Doncaster-based Direct Group will be acquired by Ryan Specialty Group in a bid to build on existing third party administration offerings.