Broker
Profitable growth still possible, says Guy Carpenter
Reinsurers should still be targeting profitable growth, despite challenging market conditions, broker Guy Carpenter said in a Monte Carlo press briefing on Sunday.
Guy Carpenter to open Shanghai Office
Reinsurance broker Guy Carpenter has received approval from the China Insurance Regulatory Commission to open a branch office in Shanghai.
Truell eyes up motor insurers
Edmund Truell, founder of Duke Street Capital and Pension Corporation, has not ruled out a future bid for Royal Bank of Scotland's insurance arm, Direct Line.
Labuan cracks down on unqualified brokers
Only certified professionals will be allowed to operate as brokers in Labuan by the end of 2013 under regulations designed by the Labuan Financial Services Authority to boost the territory’s international reputation.
Charles Taylor opens Italian office
Charles Taylor Insurance Services has hired ex-Aon broker Dario Giovara to lead a new office in Italy.
Brokers give Ageas seal of approval on Groupama acquisition talks
Brokers have hailed Ageas' potential move to acquire Groupama UK as a "logical fit", but warned that the insurer's troubled past may do little to win back lost brokers.
Incentive schemes: where do the real issues lie?
On Wednesday, the Financial Services Authority published the results of a review into risks faced by customers from financial incentives, and found that bonus-based schemes increase the risk of mis-selling. With a consultation on the issue launched …
Giles to launch new network next month
Giles is gearing up to launch a new network proposition for brokers, which will be headed up by Cobra's former network and London market managing director John Lincoln.
Ageas and Groupama in acquisition talks
Ageas UK and Groupama have entered exclusive discussions regarding the sale of Groupama's UK non-life insurance business.
Chartis enters sole tied agent agreement with HNW broker
Chartis Private Client Group has entered into an exclusive arrangement with broker Markham Private Clients, which will become its sole tied agent.
Chris Hanks to retire from Allianz
Allianz Commercial general manager Chris Hanks, pictured, is said to be retiring in 2013.
Weil starts role as Marsh CEO
Mark Weil, pictured, has taken up his role as Marsh chief executive, as previously reported by Post.
Probable maximum loss "a terrible metric", says Air Worldwide founder
PML figures play too great a role in modern catastrophe underwriting, according to modelling expert Karen Clark.
Weil begins leadership of Marsh UK and Ireland
Mark Weil has taken up his previously announced appointment as chief executive of Marsh's UK and Ireland operation, Marsh Ltd, following regulatory approval.
R&Q reports 56% rise in profit
Randall & Quilter has reported a 56% increase in profit before tax to £4.6m in the first half of 2012 compared with the same period last year(H1 2011: £3.0m).
Market moves: Merlin staff find new roles at LAS
Recruitment this week continued to be dominated by the fallout from the demise of loss adjuster Merlin. While GAB Robins moved for regional manager Andrew Considine last week, it was the turn of LAS, which added 19 former Merlin staff to its force.
Add-ons: In the firing line
What will the expected aggressive stance from the Prudential Regulation Authority mean for the future of add-on sales?
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
Claims Club 10th anniversary: A decade of debate
The Post Claims Club will mark its 10th anniversary next year, and the group's advisory board looks back on a decade of change.
Day in the life: Loss adjuster - more than meets the eye
Having spent 14 months writing about the loss adjusting and claims handling industry, Post reporter Chinwe Akomah decided to experience the trials and tribulations of the job first hand by shadowing LAS' Paul Wright for a day.
Houghton departs Broker Network after 17% drop in operating earnings
Nick Houghton has joined West Yorkshire-based broker JM Glendinning after resigning as managing director of Broker Network and Countrywide.
Towergate looks to Digital Animal to push sales through social media
Towergate is among the brokers and insurers that have signed up to a new social media-based sales channel, according to the management team behind its launch.
Fallout of Merlin collapse threatens contractors
Contractors are considering redundancies and stand to lose thousands of pounds as a result of Merlin's slide into administration.
Adjusters grow unattractive to private equity houses
Private equity houses are growing increasingly cautious about investing in loss adjusters, and one firm has already written down its investment in the market by millions, Post can reveal.