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Europe eyes up captive insurance

Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon.

Swiftcover posts £13m loss but GWP rises

Swiftcover Insurance Services found itself in the red in 2011 after posting a loss on ordinary activities before interest and taxation of £13.4m for the year ended 31 December 2011 compared with a profit of £932 000 in 2010.

MGAA holds 'successful' capacity exchange

The inaugural Managing General Agents' Association capacity exchange has been hailed by insurers and MGAs alike as an effective way to identify and develop new products and schemes opportunities.

Bacon leaves Bowring Marsh

Marsh has appointed Andrew Chester as chief executive of Bowring Marsh, the firm's specialist international placement broking division.

Marsh names new Bowring CEO

Marsh has appointed Andrew Chester as chief executive of Bowring Marsh, the intermediary's specialist international placement broking division.

Geddes: DLG in great shape and ready to float

Direct Line Group chief executive Paul Geddes has told Post that the business is now “in great shape and ready to go to the market” while setting out targets to improve profitability by 2014.

The impact of European downgrades

This year has seen an increasing number of downgrades by ratings agencies for European insurers. Anne-Louise Fogtmann investigates how seriously these are taken and their impact on insurers.

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