Broker
Opening the Takaful market
Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.
Treasury puts forward pool proposal to replace Statement of Principles
The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Social Media: The social media circle
With a culture of risk aversion, insurance is not a major social media player. But will the emergence of innovative German player Friendsurance change things?
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Post magazine - 24 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Towergate’s McEwan heads to Giles
Following 10 years at Towergate, Giles has poached Alan McEwan to take on the role as regional managing director for Scotland and Northern Ireland.
Ex-Oval sales director joins Aon
Oval's former general insurance sales director, Matthew Alcott, has joined Aon Risk Solutions as sales and marketing director for its UK business.
British Insurance Awards 2012 finalists to be revealed
The wait is almost over. Tomorrow Postonline will be the first place to discover the shortlist for the 2012 British insurance Awards.
"Dishonest" broker banned for second time
A broker who was barred from operating within Lloyd's more than a decade ago has now been banned from performing any regulated functions by the Financial Services Authority, after acting as the director of an Essex-based insurance broker without…
Towergate says Cobra withdrawal shows it is financially disciplined and 'boring'
Towergate boss Mark Hodges has said the broker's withdrawal from the race to buy rival Cobra is a sign of Towergate's financial discipline.
GCC insurance expected to outperform GDP in near term
The Qatar Financial Centre Authority launched its first Gulf Cooperation Council insurance barometer at the 29th Global Arab Insurance Federation Conference in Marrakech today.
Ombudsman blames rise in motor insurance policy complaints on recession
The 26% increase in motor insurance complaints from consumers in the past financial year is "likely to reflect the tougher economic times", according to the Financial Ombudsman Service.
Ombudsman reports 51% increase in PPI complaints
Complaints to the Financial Ombudsman Service about payment protection insurance increased year on year by 51%, and accounted for 60% of all new cases in 2011/2012.
Broking holds back Towergate in Q1
Towergate Insurance's Q1 figures show that its broking business suffered as overall group income was up 2% to £105.5m (2011: £103.3m) and group operating earnings were up 9% to £34.3m (2011: £31.4m).
TL Dallas chairman Colin Dallas dies
Bradford broker TL Dallas Group chairman Colin Dallas has died at home after a long illness.
Aon names McGill as group president
Aon has made Steve McGill group president to oversee the development of the firm's overall growth strategy and opportunity planning.
Countdown to ISA: Is the renminbi the new dollar?
As the valuation of the Chinese renminbi has an impact on the global currency markets, Andrew Leung looks at Chinese monetary policy and the Global Reserve Currency System in a global context.
Marsh forms public agency team for political and credit risks
Broker Marsh has formed a global public agency team comprised of senior specialists within its political risk and trade credit practice to assist clients in procuring public insurance coverage.
Q&A with RSA's Phil Bulgin
Despite media coverage of Asia's restrictive and sometimes protectionist regulatory regimes, the markets remain appealing to foreign insurers. Philip Bulgin, RSA's head of mergers and acquisitions in emerging markets, spoke to Francesca Nyman about Asian…
RSA reorganises speciality business
RSA has consolidated its global speciality business in a bid to link brokers and customers seeking global expertise and capacity.
BIBA 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Young driver car insurance amounts to a fifth of salary
Young drivers can pay nearly 20 per cent of their annual salary in car insurance, according to Confused.com.
MSI Management cites 'favourable business environment' following Dublin move
Mitsui Sumitomo service company MSI Management UK and Ireland is to open a Dublin headquarters to be the intermediary hub for regional underwriting business, underwritten by Syndicate 3210 at Lloyd's.