Broker
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.
Axa will never swallow MGA "hype" and "lure of lira" again, promises Williams
Axa will not fall prey to the hype about managing general agents while the current management team is in place.
Reed outlines plan to roll Axa Business Risk into Simple e-trading platform
Axa Commercial has confirmed it will eventually close and roll its Axa Business Risk platform into its new Acturis-based Simple e-trading one as the firm seeks to simplify its business offerings.
Willis UK business down "mid-single digits" in Q1
Willis has again bemoaned the performance of its UK arm as it reported net income from continuing operations for the quarter ended 31 March of $225m compared with $35m in the same period a year ago.
Career development: Ace and Power Place host D&O workshops
Power Place and Ace will host a directors' and officers' workshop for brokers on 12 June.
Career development: ECIC offers energy training for brokers
Electrical Contractors Insurance Company has launched a renewable energy training scheme for its broker partners.
Market moves: Ace makes four top appointments
While Aviva stole the headlines with a restructuring of its management team, Ace led a similar revamp in the recruitment sector this week.
John Paynter quits JLT board
John Paynter is to retire from the Jardine Lloyd Thompson board on 30 June, forcing JLT to appoint Richard Harvey as chairman of its remuneration committee with immediate effect.
JLT expects to make financial progress in 2012
Broker JLT told shareholders today that the company remains well placed to make financial progress in 2012, despite the uncertain economic outlook.
Penny Black's Insurance Week
Penny gets highbrow in Manchester
JLT confirms positive start to the year
Broker Jardine Lloyd Thompson has issued a trading statement saying it has made a positive start to the year and that overall trading performance is in line with expectations.
My best 11 - Andy Morris, Lifestyle Services Group
Lifestyle Services Group business development director, and former Sale Sharks flanker, Andy Morris selects his Best XI for an insurance start-up. Morris has relied on his colleagues, a range of insurance industry heavy hitters and an England…
Metal theft: Finding a copper-bottomed solution
With metal theft on the increase due to a rise in value, how can the industry protect itself and its clients from criminals?
Q&A: Merlin's Andrew Considine on the future of loss adjusting
Is there really a shortage of young adjusters? What is Future Focus? Does CILA represent the interests of young adjusters? Merlin regional manager Andrew Considine explains all.
Spotlight On Technology: Future gadgets
Science fiction has given the people of today a glimpse of tomorrow. However, spare a thought for underwriters, for whom the prospect of insuring some of the space-age gadgets featured must strike real fear, as technology develops and turns science…
Hodges hints Towergate readying to float
Towergate has said that, if its "positive" operating earnings continue to grow, it will hold the company in good stead if it decides to float the business.
'Encouraging' Aspen Q1 results affected by Costa Concordia
Aspen has reported Q1 net income after tax of $78.7m (£48.6m), leading chief executive Chris O'Kane to describe his firm's early results as "encouraging" despite insurance results being affected by the sinking of the Costa Concordia.
Towergate results flat but Hodges happy
Towergate has claimed that its full year results for 2011 in line with 2010 was "a positive achievement in a year which was a challenging market for the insurance sector".
Englehardt happy with 'good start' as Admiral turnover increases
Admiral chief executive Henry Englehardt says his full year expectations remain on track following a first quarter which yielded a 9% increase in group turnover from £539m in Q1 2011 to £586m.
Spotlight On Technology: The age of uncertainty
With conventional wisdom being challenged in recent years, clarity over what models can and cannot do is urgently needed.