Broker
Marsh Germany hires D&O expert
The German operation of insurance broker Marsh has hired directors' and officers' specialist Stefan Steinkühler.
Broker JLT boss Dominic Burke hails Australasia arm as revenue and profits rise
Jardine Lloyd Thompson this morning reported a 21% rise in revenue to £377.8 (H1 2009: £313.0) and an underlying trading profit of £70.7 (H1 2009 £57.8m) up 22%.
Broker JLT boss Dominic Burke hails Australasia arm as revenue and profits rise
Jardine Lloyd Thompson this morning reported a 21% rise in revenue to £377.8 (H1 2009: £313.0) and an underlying trading profit of £70.7 (H1 2009 £57.8m) up 22%.
Contingent commissions a “conflict of interest” for brokers – Greenberg
Contingent commissions, the once- banned payments that insurers pay to entice brokers, create a conflict of interest and ought not to become prevalent again, Ace CEO Evan Greenberg has said.
APC launches office product for Irish broker market
Commercial insurance underwriting agency APC has launched a new office product specifically designed to cover Ireland’s traditional and home based businesses.
Willis UK sees growth after several negative quarters
Willis Group has reported net income from continuing operations for the quarter ended June 30 was $89m, compared with $87m in the same period a year ago.
Post Magazine - 29 July 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Post in print - 29 July 2010
Post reporter Amy Ellis outlines the main news from this week's issue of Post.
Deepwater impact on rates "modest"
Major losses in the Gulf of Mexico will not have the same market-changing impact on the upstream energy insurance market as Hurricane Katrina, according to Marsh.
RSA acquires 123 Money
RSA has completed the purchase of Irish personal lines broker 123 Money for a sum in excess of £54m.
RSA acquires 123 Money
RSA has completed the purchase of Irish personal lines broker 123 Money for a sum in excess of £54m.
Markel swoops for French broker
Markel International has agreed to acquire Le Centaure, a French equine insurance broker and cover holder based near Deauville, Normandy.
Brit cuts UK private motor book by 60% as it reports £72.8m profit
Brit Insurance this morning reported that profit before tax excluding the effect of foreign exchange on non-monetary items increased by 12.2% to £72.8m for the first six months of 2010 (30 June 2009: £64.9m). It recorded a profit before tax of £77.5m (30…
Markel swoops for French broker
Markel International has agreed to acquire Le Centaure, a French equine insurance broker and cover holder based near Deauville, Normandy.
Penny Black's insurance week
A cautionary tale reaches Penny about the dangers of playing with hot candle wax, or rather the embarrassment that can be caused by being covered in this quick-drying viscous liquid when dining with colleagues. For that is the sticky situation that…
Postscript - 10 years ago: 800 law firms could close over SI
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postscript - 30 years ago: Biba angry over codes of practice
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Talent - recruitment: Recruiting generation Y
As the markets slowly emerge from the darkness of recession, the employee talent pool is shrinking. Tom Rivers examines the particular challenges facing the insurance industry and how it can attract the best young talent to reinvigorate an ageing…
Consolidation - global brokers: Too big for their boots?
The creation of the global broker in the 1980s resulted in a dominant few. David Trezies asks whether this consolidation has produced any tangible benefits for clients.
Postbox: Link web to high street now
The web is the only sales channel to have grown during the recession, while high street business has contracted significantly. Yet, while internet businesses have come a long way, they have failed to join up their CRM activities, which limits their…
News comment - Law Commissions: Raising the stake
Richard Evans examines the Law Commissions' latest proposals for reform of insurance contract law with regards to the issue of fraud.
Insurance Fraud Awards
The shortlist for the 2010 Insurance Fraud Awards has been announced.
JLT set to swoop for Lockton business
JLT has formed an alliance with two Lockton-affiliated brokers in continental Europe, in a move that may see key London business move over to the firm.
NI motor still competitive despite higher cost for consumers
Imbalance between the volume of motor claims in Northern Ireland (5.4% of the UK total) compared to the number of vehicles (2.6%) is contributing to higher insurance premiums in the province.