Articles by Mark Sands
Moody's cuts Amlin ratings
The rating agency has lowered Amlin's group subordinated debt ratings and the insurance financial strength rating of its Lloyd’s syndicate.
'Credibility' of industry hinging on trialogue talks, says PWC
The reputation of the European insurance industry is in the balance as talks continue on the final text of Omnibus II, according to PWC.
Aspen launches computers, cyber, privacy and media risks covers
The underwriters risk management business has launched a range of new covers to protect against risks relating to computers, data and cyber-crime.
Clyde & Co recruits Paris partner
The law firm has recruited former Dewey partner Yannis Samothrakis to boost its global corporate insurance practice.
CFC launches management liability product
Specialist lines underwriting agency CFC has launched a product to address increasing exposure to cyber and privacy management liabilities, including cybercrime.
UK's first consumer social media cover launched
A London-based information privacy company has collaborated with Legal Insurance Management to launch protection against reputation damage, account jacking and ID theft
Noonan: Flagstone integration on verge of completion
The merger with Flagstone Re could be complete within a fortnight, says Validus chairman and CEO Ed Noonan.
International business fears rising, says Ace
Over half of European companies believe that doing international business has become more risky over the past five years.
Fraudulent claims reach £19m every week, says ABI
More than 2,500 fraudulent claims are discovered by insurers every week, according to a report published today by the Association of British Insurers.
Purely Insurance set for revival under Blink's Harrison
The scrapped motor insurer could be due for a comeback under intermediary solutions partner Blink, Post understands.
Google scores 75% visibility on day one of car insurance service
The search firm's new price comparison service scored highly on marketing metrics on its first day, according to Greenlight.
Tungsten evaluating Equity bid
The investment vehicle, helmed by Edmund Truell, is believed to be considering an offer for the IAG-owned insures.
Miller sees pre-tax profits triple in FY 2012
The broker has reported a dramatic improvement in profits in its results for the year ended April 2012.
Aspen appoints group CFO
John Worth will replace Julian Cusack, who took the role on an interim basis after the February departure of Richard Houghton.
Lockton appoints solicitors practice risk head
Lockton has named Calum Maclean as a new risk manager, working with clients of its UK solicitors practice.
Axa UK names personal direct and partnerships CEO
Yves Masson will take the role, joining from Axa Direct Assurance in France.
Qatar dispute resolution plans launched
Pinsent Masons and the Qatar International Court and Dispute Resolution Centre hope to launch a special resolution scheme, the first of its kind in the Middle East.
Marsh appoints global upstream and midstream energy head
The broking giant has appointed Lloyd and Partners' Richard Higgins to the new role of global upstream and midstream energy leader.
Tesco Underwriting CUO moves to RSA
Andy Baughan is to join the firm as motor product director.
UK court approves launch of QBE Re
A UK court has approved QBE's plans to merge its non-Lloyd's reinsurance businesses across Europe.
RSA names new group chief auditor
The insurer's UK and western Europe finance director, Caroline Ramsay, will take the role, replacing Anne Jaeger, who moves to RSA Scandinavia.
Probable maximum loss "a terrible metric", says Air Worldwide founder
PML figures play too great a role in modern catastrophe underwriting, according to modelling expert Karen Clark.
Credit pressures yet to trigger flight to quality among reinsurance cedants
Insurers are yet to flock towards the highest rated reinsurers despite challenges facing the reinsurance industry, according to Standard & Poor's.
Reinsurer capital tops $480bn, says Aon Benfield
The broker estimates that total capital for the global reinsurance industry reached record levels at the end of June 2012.