Commercial
Lloyd's syndicate sues Saudi for financing 9/11
Lloyd’s insurance syndicate 3500 Riverstone Managing Agency, has launched a landmark legal battle against Saudi Arabia, accusing it of indirectly finding al-Qaeda and demanding the repayment of £136m it paid out to victims of the 9/11 attacks.
Piracy attacks have lower success rates finds Aon
There has been an increase in overall piracy activity but a general decline in successful attacks on vessels over the last year according to a new report.
Tokio Marine Europe names consultant risk engineer for North-west England
Tokio Marine Europe has appointed Paul Naylor as a consultant risk engineer to help service the commercial insurer’s portfolio of clients in the North-west of England.
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
Career file - Greg Lawson
New head of retail at Collinson Insurance Group.
Interview – Pierre Lefèvre: A long time coming
As international division managing director for Groupama, the UK once again falls under the watchful eye of Pierre Lefèvre, after an earlier five-year stint as the country’s CEO. Almost a decade after their last interview, Lynn Rouse catches up with…
Post Magazine - 15 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Tiger Risks becomes first US broker since 2003 to open in London
Tiger Risk Partners has announced the opening of a UK subsidiary headquartered in London.
MoJ to split referral ban enforcement role - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including confirmation from the Ministry of Justice that the government’s proposed ban on referral fees is unlikely to be centrally administered, and instead enforced by…
Lloyd's to provide policy cover in China
Lloyd’s has issued its first direct insurance policy in China through its fully owned subsidiary Lloyd’s Insurance Company in China.
Lloyd's coverholder and capacity acquired in expansion push
ProSight Specialty Insurance has entered into a definitive agreement to acquire Lloyd’s Coverholder TSM Agencies and 100% of the capacity rights to Lloyd’s Syndicate 1110.
Chubb appoints Miles as UK and Ireland manager
Chubb Insurance Company of Europe has appointed Jeremy Miles as UK and Ireland manager, with responsibility for all employers in underwriting and distribution in the region.
Chubb promotes underwriter to UK and Ireland manager
Chubb Insurance Company of Europe has appointed Jeremy Miles to UK and Ireland manager.
Davies Group profit more than doubles to £3.37m
Claims management firm Davies has announced a 24% leap in turnover to £36.9m for the 12 months ended 31 March 2011 (2010: £29.6m).
Adding 1 delays UK office openings for 12 months
Jersey-based insurance marketing organisation Adding 1 has sidelined its plans to open offices in the UK mainland for 12 months.
Ten pulls in ten new members
Ten Insurance has today revealed that a further ten commercial brokers have signed up to the network in the past three months, bringing the total membership to 68.
Dual confirms Flatman departure
Dual Corporate Risks has confirmed the departure of Neil Flatman, just seven months after he was appointed international property business manager at the firm.
European agency launches risk assessment tool for SMEs
The European Agency for Safety and Health at Work has launched a tool to help Europe’s 20 million micro and small enterprises improve safety and health for their workers by assessing risks.
Canopius submits 83 pence a share offer for Omega
Lloyd's isnurer Canopius has submitted an indicative proposal to the board of rival Omega to acquire the entire issued and to be issued ordinary share capital of Omega for cash consideration of 83.0 pence per share.
Guest Blog: Middle East: Emerging or developed?
To understand where the Middle East insurance markets are heading you first have to look at where they are coming from.
Pro Legal warns MoJ over “dangerous” referral fee decision
London-based law firm Pro Legal has hit out at the Ministry of Justice over its “dangerous” decision to ban referral fees claiming that the move would hurt consumers.
Parabis slams MoJ over referral fees
Parabis has criticised the Ministry of Justice’s decision to ban referral fees.
Dual names new senior underwriter
Underwriting agency Dual Corporate Risks has appointed Paul Russell as director and senior underwriter of its financial institutions division.
MMA appoints Solvency II chief
MMA Insurance has appointed Anthony Collins as head of actuarial focusing on the firm's preparations for Solvency II.