Broker
Market divided as to favourability of current conditions for IPOs
Market players credited with an interest in launching initial public offerings inside the next two years have been warned against attempting to float amid unfavourable conditions, where value is at rock bottom.
Data-sharing portal thrown into limbo
The proposed claimant data-sharing portal has hit a standstill, as the Association of British Insurers demands solicitors give something in return for insurer-held information about fraud. The "ball", according to the ABI, is now firmly in the Motor…
Editor's comment: The lure of Lloyd's
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international…
LV boss O'Roarke calls for fraud clamp-down talks at second summit
LV managing director John O'Roarke is demanding more stringent legislation designed to clamp down on "unscrupulous" drivers following a survey showing that almost two thirds of GPs have seen a rise in exaggerated injuries.
Post magazine - 3 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
UKG new broker schemes premium grows 50%
UK General has boasted £300m in gross written premium with a £90m rise from new broker schemes.
Marsh & McLennan revenue grows 6% in Q1
Marsh & McLennan Group outstripped analyst estimates to make consolidated revenue of $3.1 bn in the first quarter, a 6% increase on the first quarter of 2011.
Legal and insurance experts at loggerheads ahead of second summit
Legal and insurance leaders have once again clashed over the issue of whiplash ahead of the second motor insurance summit at Whitehall this afternoon.
CFC makes first big appointment following news of Hyperion split
CFC Underwriting has unveiled its first major appointment since the news that Hyperion boss David Howden is to sell his majority stake in the firm.
Ink acquires Indemnity Risk Solutions
Ink Underwriting has strengthened its position in the solicitor professional indemnity market through the acquisition of Indemnity Risk Solutions.
Marsh sells portfolio of four businesses to R K Harrison
Marsh has reached an agreement to sell a portfolio of four businesses within Gibbs Hartley Cooper, a part of Marsh UK, to R K Harrison.
Bartleet snaps up Chesham
Bartleet Enterprises has acquired regional broker Chesham Insurance services.
Miller announces limited liability partnership shift
Miller Insurance Services' business and employees have today transferred to Miller Insurance Services LLP in a Limited Liability Partnership which will see 90 senior staff members become LLP partners.
Willis Re appoints Welsch as executive director
Willis Re has named Andrea Welsch as executive director effective from 28 May.
Sri Lanka's EAP enters insurance broking with Omani firm
EAP Group will form a joint venture with Oman-based broker Risk Management Services LLC to capitalise on the growing insurance market in post-war Sri Lanka.
County Insurance buys Whitchurch
Brand new consolidator County Insurance North West has bought its first broker - Whitchurch Insurance Services, a £1.1m GWP business based in Shropshire.
Blanc reveals Newcastle has been tough for Axa, but hails improved PL connectivity
Axa Commercial CEO Amanda Blanc has admitted that Newcastle has proved the most testing of its recent branch openings.
Cobra extends deadline for takeover bids
Broker Cobra has extended the deadline for its two potential bidders - Towergate and Alto - to make a formal offer for the group.
Ex-Hiscox boss Ashley Cole launches new HNW business
Former Hiscox head of motor Ashley Cole has set up his own high net worth business, Aurum Underwriting, in the wake of his departure from the insurer.
Ace appoints former Mitsui manager Cole to risk control post
Ace has appointed former Mitsui Sumitomo casualty boss Jeremy Cole to the role of risk control account manager in the firm's UK and Ireland casualty risk engineering department.
Airline and aviation insurance turns a profit
The airline and aviation manufacturing insurance markets generated a profit in 2011 following one of the safest years in recent times, according to broker Willis Aerospace.
Airline insurance sector soars to first profit in five years
Profitability returned to the aviation and airline manufacturing insurance markets in 2011 following one of the lowest years for losses and passenger fatalities on record, according to Willis’ Aerospace.
Confused in the clear after complaints about 'overly sexual' ads
Confused has been forced to defend a television advert featuring bikini-clad cartoon characters after 37 complaints were lodged with the Advertising Standards Authority.
DLG prospectus reveals 2011 COR breakdown
The Direct Line Group has launched a prospectus geared towards tying up its proposed £500m planned subordinated debt issuance, in which it discloses last year's combined operating ratio for the insurer's various lines of business.