Commercial
US P&C book supports HCC growth
HCC's gross written premium increased 7% to $1.5bn in the first six months of the year compared with $1.4bn in the first half of 2011.
Aon extends Manchester United sponsor deal
Aon is to maintain its relationship with Manchester United by becoming title sponsor of the club's business-to-business network and community engagement programmes from 2014.
Insurers in bidding war for Air India's $8.6bn aviation policy
Three private non-life insurers have launched a consortium bid for Air India's $8.6bn aviation insurance policy, according to India's Financial Chronicle.
BGL recruits new Fusion contact centre manager
BGL Group's Fusion Contact Centre Services business has appointed Jane Alexander as contact centre manager.
Willis opens Spanish super-yacht broker
Willis Group Holdings has outlined plans to open a super-yacht insurance broking office in Barcelona.
Liberty Mutual launches risk management tool for policyholders
Liberty Mutual Insurance has launched a risk management website to provide best practice risk engineering guidance to commercial policyholders.
Court of Appeal general damages clarification fails to appease Apil
The Court of Appeal has handed down a judgment confirming a 10% increase in general damages in most civil cases where judgment is given after 1 April 2013.
RAC to carry out risk management programme for NAAFI fleet
UK armed forces retail, catering and leisure services provider NAAFI has appointed RAC Risk Management to carry out a complete fleet risk management programme.
LV profit stable while GWP rises 6%
LV's general insurance business has reported 6% growth in gross written premium income to £747m (H1 2011: £704m) in the first half of the year.
Motor claims solutions provider signs technology deal with Groupama
Audatex UK has agreed to work in partnership with Groupama Insurances to implement a web-based technology platform designed to improve the company's motor claims processes.
Hiscox UK falters while group profit soars
Hiscox returned an interim pre-tax profit of £125.8m (H1 2011: loss £85.6m), following a more benign catastrophe season compared with the previous 12 months.
Ace boss heralds international pricing turnaround with 88.9% H1 COR
Ace has reported that income excluding net realised gains jumped to $1.44bn in the first half of 2012 (H1 2011: $932m).
Aon profits fall 4% at the half year to $503m
Aon has reported that total revenue for the six months ended 30 June 2012 grew 2% to $5.66bn (H1 2011: $5.57).
Brit CEO vows to target growth while committing to Simply Business
Mark Cloutier has promised to go on the attack by targeting growth in key areas following a business restructure towards global specialty underwriting, which he describes as "99% complete".
Brit unveils positive 11.5 point COR swing as business takes new direction
The Brit Group has this morning recorded a combined operating ratio of 93.3% for the first six months of 2012 (30 June 2011: 104.8%), having completed a restructure into becoming a focused global specialty underwriter.
Post Claims Club chair's monthly missive: Beach volleyball and insurance sop
On Wednesday this week I received an email from a Claims Club regular I have been in discussion with about speaking at the next meeting.
JLT buoyed by growth in Asia and Latin America as revenue jumps 7% to £441.7m
International broker Jardine Lloyd Thompson Group this morning reported total revenue was up 7% to £441.7m in the first six months of 2012 and an 11% rise in profit before tax to £85.1m. Underlying PBT increased 12% to £89.4m.
Cooter departs QBE after helping with Brit integration
QBE has confirmed the departure of Simon Cooter, former Brit director of market management and regional operations, having assisted in the business integration following the April takeover.
BGL snaps up Dutch aggregator
BGL Group has acquired Dutch aggregator Verzekeringssite, further boosting its European footprint.
SMEs fear 'detrimental impact' of Eurozone crisis
More than one in 10 British SMEs have considered closing down in the past three months as a possible result of the economic situation, according to a new SME Risk Index from global insurer Zurich.
DAC Beachcroft appointment swells Dublin team to 30
The Dublin office of international law firm DAC Beachcroft has appointed a partner with expertise in professional negligence claims and commercial litigation to expand its reach into the Ireland and London insurance markets.
GAB Robins graduates experience weather claims surge response
GAB Robins' graduate recruits will start work more than a month ahead of the original September start date to experience handling the recent surge in weather-related claims.
Escott quits Capita
Capita's general insurance managing director, Brent Escott, pictured, has left the business by "mutual agreement" after seven months in the job.
Indie FSCS bill hits £404m in advance of scheme of arrangement
The Financial Services Authority has revealed that, since Independent Insurance went into liquidation in 2001, £500m of assets have been realised for the benefit of creditors.