Commercial
Bruce returns to market with RSA role
Cathie Bruce has joined RSA as distribution manager, four months after leaving UK General where she was managing director of commercial insurance for just under a year.
UK General backs Chinese restaurant insurance scheme
UK General has set up a scheme with Sunderland-based broker Newton Lee to provide insurance cover to the Chinese restaurant and takeaway sector.
UK court confirms 9/11 was double reinsurance event
The Commercial Court's move to uphold an earlier legal decision that the 9/11 World Trade Center attacks arose out of two events rather than one is "of considerable interest to the insurance and reinsurance market", according to law firm Herbert Smith…
Blog: Has Biba found its valentine in Steve White?
It is now four months since Eric Galbraith announced his intention to leave the British Insurance Brokers’ Association, leading to fevered speculation about his successor.
Career file: Simon McGinn: McGinn to replace long-serving Hanks
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz from 1 July.
View from the Top: Where is the love?
Survey peddlers should be off the Valentine’s card list as they predict doom and gloom
XL opens Manchester office
XL Group is opening an office in Manchester and has appointed Mick Turvey as regional underwriting manager, UK middle markets, to head it up.
Willis reveals $446m net loss
Global broker Willis recorded a net loss of $446m for the 2012 financial year, in stark contrast to the previous year’s $203m profits.
Patrick Gallagher to quit UK business
Gallagher Heath head of retail Patrick Gallagher is returning to his native US next month to take up a new retail role, Post has learnt.
CNA poaches new German head from Chubb
CNA Insurance Company has appointed Malte Dittmann as country manager for Germany.
Giles adds five brokers to network arm
Five brokers have joined Ink Underwriting's new network proposition, Compass Broker Services, so far this month.
Assurant director joins competitor as MD
The Source has appointed Assurant Intermediary's former sales & marketing director Kevin Paterson as its new managing director.
Spanish court quashes €120m fines for "cartel" insurers
Spain's court of appeal for antitrust cases has quashed the €120m fine imposed by the Spanish Competition Commission on six insurance companies accused of price fixing.
Sterling renews DAS legal expenses partnership
Sterling Insurance has renewed a deal with legal expenses provider DAS to provide legal expenses cover to its customers.
Arista recruits Peake to drive North East push
Commercial lines specialist Arista has appointed a senior commercial underwriter in Leeds as it tries to bolster growth in the North East.
Takaful not confined to "bread and butter" lines
The retakaful industry is no longer plagued by the lack of capacity it was in its early years, according to Mahomed Akoob.
Argo is back in profit in 2012 despite $47.9m superstorm Sandy hit
International specialty insurer and reinsurer Argo has reported post-tax income of $52.3m for the year ending 31 December, recovering from a loss of $81.9m in 2011.
Improved commercial property returns in 2013 forecast by L&G
Legal & General Property director of research Rob Martin this morning forecast improved UK commercial property returns in 2013, with a continued polarisation between the best and worst opportunities.
ABI slammed for using failed argument to derail Welsh asbestos Bill
The Association of British Insurers has been criticised for fighting a proposed asbestos recovery costs Bill in Wales with a failed argument already overturned in Scotland.
Solar storms could spark hefty insurance payouts in 2013, claims report
An Aon Benfield report claims that extreme solar weather over the next twelve months could lead to significant disruption to business communication systems, resulting in large insurance claims.
Joint paper outlines risks facing food and drink manufacturing industry
JLT Specialty and Campden BRI have built on their recently created strategic collaboration by launching a joint research paper on the food and drink manufacturing industry in the UK.
Cunningham Lindsey director Jonathan Clark departs to join Scor
Cunningham Lindsey UK technical director Jonathan Clark has left the recently recapitalized loss adjuster to join French reinsurance group Scor.
Former Brit and NIG head Vivek Banga joins AJ Gallagher as e-trading boss
Brit's former head of UK distribution Vivek Banga has joined Arthur J Gallagher International as its director of e-trading.
New Lloyd's syndicate 2357 appoints Willis' Beatty as approval granted
Asta, the Lloyd’s leading third party syndicate manager, today announced that Lloyd’s Franchise Board has granted “in principle” approval for Asta Managing Agency to establish and manage a new Lloyd’s syndicate 2357 backed by Nephila Capital.