Broker
Post Blog: Six degrees of Kevin Bacon? The Rich List is two degrees of Henry Engelhardt
Sitting in my local barbers on Sunday awaiting my pre-British Insurance Brokers' Association Conference trim I soon became engulfed in this year's Rich List.
Clydesdale expands corporate finance team
Clydesdale Bank Corporate & Structured Finance has appointed Paul Hambrook as director at its London office.
Brightside director joins STM board
Cross-border financial services provider STM Group has appointed Julian Telling as non-executive chairman with immediate effect.
Brightside director joins STM board
Cross-border financial services provider STM Group has appointed Julian Telling as non-executive chairman with immediate effect.
Hastings' Utley, Go Compare's Parsons and Sabre's Morris all enter Rich List
Former IAG UK CEO and current Hastings chairman Neil Utley has entered the Sunday Times Rich List top 1000 today at 430= with a fortune of £160m.
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.
Aviva unveils corporate risk team
Aviva has revealed the senior structure of its corporate risk and speciality business.
Brokers retain appeal in personal lines market
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Post Europe: ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Post Europe: Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Lancashire Q1 profits steady at $8.6m despite “significant” cat activity
Lancashire Holdings has recorded a net profit after tax of $8.6m in Q1 2011 (Q1 2010: $8.2m), after incurring $75m costs from the Japanese earthquake-tsunami.
78% of brokers confident about business prospects
A poll by Mapfre Assistance has revealed that price comparison sites are still viewed as the greatest challenge to broker business models.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
RBSI returns to operating profit as income falls 7%
Royal Bank of Scotland Insurance has reported an operating profit of £67m in the first quarter of the year compared to a loss of £50m in the same period in 2010.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Government launches review of FSA inquiry into RBS failings
The Financial Services Authority has welcomed a statement by the Treasury Select Committee confirming that an independent review will take place of the regulator’s report into the the failure of Royal Bank of Scotland.
Part 3 - Countdown to Biba 2011: broking opportunities in adversity
With the British Insurance Brokers' Association conference now days away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss some of the major issues which are likely to come to the fore in…
Former Capita boss joins Junction
Insurance affinity specialist Junction has appointed Derek Henry as the new director of corporate partnerships.
Lloyds Banking Group reports huge £3.2bn Q1 losses after PPI provision
Part-nationalised Lloyds Banking Group has recorded a statutory loss after tax of £3.47bn for Q1 2011 (Q1 2010: £721m), after the bank made provisions of £3.2bn for payment protection insurance payout costs.
Aon Benfield chairman joins JLT
JLT Reinsurance Brokers has appointed Alastair Speare-Cole as chief executive, subject to regulatory approval.
Willis sees profits slide by $170m due to review charge and other one off costs
Willis reported net income for the first quarter of 2011 fell to $34m (£20.6m), compared with $204m in the same period a year ago.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.