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View from the top: A very bad year

Despite reinsurers' initial talk that the Australian floods and the New Zealand & Japanese earthquakes were earnings — not balance sheet — events, and there would be no impact on rates, the chatter has changed recently, with some now actively hinting at…

Schemes: Scheming for success

Schemes business requires significant investment to make it work and underwriters are not prepared to tolerate poor profitability. But, as Jane Bernstein reports, the benefits are many and it remains attractive to brokers.

Penny Black's insurance week

Another year, another Biba conference; brokers nurse their hangovers, hacks try to recall the juicy story slurred in their ear at 2am, and insurers vow to return to the exhibition hall next year with a bigger stand than Aviva, nicer cup cakes than Zurich…

Mitsui steps up mid-market regional push

Mitsui Sumitomo is poised to open its doors in Birmingham as part of its regional mid-market push, ahead of the unveiling of its new property-led product for this target segment in quarter four. The news follows last month's four-strong recruitment in…

Biba 2011: Restructure ends as 114 Axa jobs go

Axa Commercial chief executive Amanda Blanc has revealed the restructure of the firm is "complete", including the identification of 114 senior management staff who will leave the business. As a result of the swift changes, Axa branches across the UK are…

Perseverance prepares to exit UK insurance market

Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.

Mentoring - risk managers: Passing the torch

The process of mentoring, where experienced people give advice and encouragement to younger professionals, can be hugely beneficial and cost virtually nothing. Elaine Heyworth details a new scheme about to launch to assist up-and-coming risk managers.

Editor's comment: All action, no talk

Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…

News analysis - AJG acquisition: Deal or no deal

After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.

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