Broker
People moves - 19 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 19 May 2011 edition of Post.
Post magazine – 19 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
Junction boasts 1000% increase in motor insurance sales
Improvements to its online offering have boosted Junction’s sales within the motor insurance business bought from Bradford & Bingley by 1000% in the year since its acquisition.
Barbon launches staff incentive to boost M&A
Barbon Insurance Group has launched an employee incentive aimed at bolstering its pipeline of acquisition opportunities.
CGSC sets up Antwerp marine broker
Cooper Gay Swett & Crawford has established a specialist marine insurance broker, Junge Verzekeringsmakelaars, in Antwerp.
Ageas UK non-life back in profit in Q1 as motor COR improves 14.5%
Ageas' non-life has reported a non life profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the same period last year.
CGSC sets up Antwerp marine broker
Cooper Gay Swett & Crawford has established a specialist marine insurance broker, Junge Verzekeringsmakelaars, in Antwerp.
Cooper Gay unveils UK restructure
Cooper Gay has restructured its UK business, Cooper Gay & Co, into three core trading units to form what it hopes will be a "stronger and more streamlined platform" for growth.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
Solicitors’ Indemnity Mutual Insurance Association goes into run-off
SIMIA, the mutual insurance company for professional indemnity insurance above £1m to firms of solicitors based in England and Wales, has confirmed it is to cease taking on new business.
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
Greenwoods joins Telecoms fraud body
Defendant insurance law firm Greenwoods Solicitors has joined the Telecommunications UK Fraud Forum, a body for the exchange of information and the promotion of a united effort against telecommunications fraud.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Aon selects new London HQ
Aon has selected The Leadenhall Building as its future London headquarters.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Exclusive IFRS and digital content now available on Post Europe
Post Europe’s weekly update is now live with an article on how The International Accounting Standards Board’s draft standard for the valuation of insurance liabilities will affect the market; and a View from The Top on how the Netherlands’ trading…