Commercial
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.
Broughton to replace McGinn as Hanks unveils Allianz exit date
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz with effect from 1 July.
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
London insurance market's progress with ECF understated, claims IUA
The use of electronic claims files in the London company market is much more extensive than previously stated, according to new analysis by the International Underwriting Association.
Allianz: increased number of clinical trials raises underwriting issues for insurers
The rising number of clinical trials poses significant challenge for insurers, according to Allianz Global Corporate & Specialty.
Oliva provides product protection via DNA
Lumley Jacobs is to supply forensic coding to protect Oliva Underwriting’s plant and SME customers. The product will be used to protect contractors plant, tools, and SME office equipment.
Aon CEO Greg Case hails benefits of London redomicile as it unveils 2012 results
Aon's revenue in 2012 increased 2% to $11.5bn due to a 4% increase in organic revenue, the broker reported today.
CC receives wave of industry response to private motor insurance investigation
Opening responses to the Competition Commission’s investigation into the private motor sector have been received from a variety of interested parties.