Broker
To re-joins JLT Re to head reinsurance in China and HK
Henry To has returned to JLT Reinsurance Brokers as chairman and chief executive officer of its reinsurance operations in China and Hong Kong.
Optimism stalls as hopes for recovery fade
Eight-seven percent of businesses do not expect the economy to recover within the next two years, according to research by QBE.
Ten backs chartered plans with training hire
Independent broker network Ten Insurance has appointed a training manager in its bid to receive chartered status.
Senior US casualty reinsurance duo joins Towers Watson
Mark Higgins and Fraser Howard will Towers Watson from Aon Benfield, in a move that seeks to cement the firm’s position in the US casualty treaty reinsurance broking in the London Market.
Brightside rebrands as One Insurance Solution
Insurance broker Brightside Group has amalgamated a number of brands under the name One Insurance Solution.
Happy Year of the Snake
China is a place where feng shui masters are taken seriously. They are all over the newspapers at the moment declaring what the Year of the Snake will mean for the stockmarket and your love life.
Catlin strategy results in growing non-UK GWP contribution in 2012
Catlin recorded a 12.6% improvement in its combined operating ratio for 2012, in a year in which 49% of the firm’s total annual gross written premium of $4.97bn (£3.16bn) was produced by non-London/UK hubs.
Lockton expands in Australia
Lockton has expanded in Australia with the purchase of Melbourne-based niche insurance broker Strategic Insurance & Risk Solutions.
"On request" system better for GI says Bernardino
A shift towards mandatory commission disclosure for Europe’s general insurance intermediaries is unnecessary, according to the head of the European Insurance and Occupational Pensions Authority.
RFIB launches Bellarmine rebrand
Broker RFIB is to rebrand its RFIB Specialist Risks business as Bellarmine.
CMC closed and two fraudsters behind bars following IFB investigation
A claims management company has been shut down and two fraudsters jailed after the Insurance Fraud Bureau and Metropolitan Police exposed a ‘crash for cash’ fraud ring worth potentially millions of pounds.
Middle East Insurance Forum: Diversified distribution essential for Middle East insurers
Insurers in the Middle East need to diversify their distribution networks in response to changing consumer behaviour, according to industry specialists at the Middle East Insurance Forum.
Post magazine – 7 February 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Report reveals identity of 'best and worst' claims teams of 2012
A report into which insurers possessed the best and worst performing claims teams last year has been published - with Catlin in the top spot and Zurich and RSA languishing at the bottom of the table.
April appointment strengthens PMI broker market offering
April has named Duncan Craig as broker development manager as part of the health insurer’s plans to expand across the UK.
BISL and RSA among firms topping affinity partnership value table
Research into the effectiveness of personal lines affinity schemes has uncovered the identity of firms rated as offering the best partnership value.
Improved commercial property returns in 2013 forecast by L&G
Legal & General Property director of research Rob Martin this morning forecast improved UK commercial property returns in 2013, with a continued polarisation between the best and worst opportunities.
Beazley CEO downplays M&A interest amid plans for repeat of 2012
Beazley chief executive Andrew Horton has played down the likelihood of acquisitive movement at the specialist insurer in 2013 and is instead aiming for a repeat of the previous year in terms of growth.
Hastings makes double NED appointment at group companies
Former Groupama international division managing director Pierre Lefèvre has been appointed as a non executive director to Hastings Insurance Group and Advantage Insurance Company.
Will sub-brokers in India make a difference?
Neera Bhardwaj asks if the expected allowance of sub-broking in India will really shake up the retail insurance landscape.
Insurers seek investigation into comparison site clauses
Motor insurers have pleaded with the Competition Commission to perform a U-turn and investigate the use of ‘most favoured nation' and ‘best price' clauses by aggregators – an omission that has been labelled "beyond belief" by one player.
Editor's comment: The no competition commission
You learn something new every day, or so the saying goes. Well I certainly learnt something new this week, along with several PRs — judging from the responses I got.
Market moves: Brokers lead recruitment drive with major hires at Reich, Russell Scanlan and RFIB
The recruitment space belonged to broking this week, with Reich, Russell Scanlan and RFIB all recruiting senior staff. Reich welcomed a new head of group operations, while Russell Scanlan and RFIB added directors to their respective teams. Meanwhile,…
Interview: Tim Rolfe: Playing in the big leagues
Having finally reached the ‘Wembley of insurance’ that is London, Canopius retail CEO Tim Rolfe tells Post why the Lloyd’s market is so different from the wider UK industry and explains that his firm’s stock is rising