Commercial
FM global updates policies ahead of renewal
Commercial property insurer FM global has launched an improvement to its the FM global advantage policy, which will be available to clients at renewal.
Prime Professions lands Law Society PII role
Prime Professions has been appointed to manage a Law Society scheme helping firms struggling to secure professional indemnity insurance.
Your say: Sports stars car coverage
The recent ‘The Olympic challenge' feature in Post emphasised the raft of opportunities for the insurance industry when it comes to the various possible disruption triggers, such as the weather.
Tawa acquires Chiltington
Tawa has entered into a share purchase agreement to acquire Hamburger Internationale Ruckversicherung, the holding company for the Chiltington Group of companies.
Questgates: UK corporates clamp down on fraud
Loss adjuster Questgates has witnessed an increase in high street businesses asking for help in determining if claims made by employees and clients are fraudulent.
Lloyd’s heading for tough times as catastrophe losses hit profits
Lloyd’s first half-year results will be adversely affected by this year’s “unprecedented” level of catastrophes and could see its combined operating ratio hit 100% for the first time in six years, according to market observers.
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
Brokers witness unprecedented surge in riot-related demands for cover
Property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester following the riots, according to brokers based in some of the UK’s worst hit communities.
Interview - Jon Hancock: Getting under the skin
As UK commercial managing director for RSA, Jon Hancock is on a mission to find out what brokers really think of the insurer
Online this week - Top Ten Post Stories - 8 September 2011
The top ten stories from www.postonline.co.uk
Comment: The more things change...
Thirty years ago we saw recession, a royal wedding and riots. Sound familiar?
From the archives - 9/11 Terrorism: Ten years later...
A decade has passed since the attacks on the World Trade Center in New York. How has the market for terrorism policies responded and recovered in that time?
Expert opinion: A world of information
Enthusiasm for the National Address Gazetteer has waned since it was announced this would not be free
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Post Magazine - 8 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Alex Forbes acquisition builds Marsh platform in Africa
Broker Marsh has reached an agreement to acquire the brokerage business of Alexander Forbes in Africa, subject to regulatory approval.
Ex Mitsui underwriter joins HSB
Former chief underwriter of Mitsui Sumitomo Insurance UK Andy Kane (pictured) has been snapped up by HSB Engineering Insurance.
CBG Group lands surety bond deal
Insurance broker CBG Group has signed a deal to provide a £700 000 performance bond for the Smith Group UK as part of a multi-million pound construction project.
Global reinsurance outlook no longer negative
Moody's Investors Service has changed the outlook on the global reinsurance sector from negative to stable reflecting the momentum for a hardening in reinsurance rates, a refocusing on the value of reinsurance, and the good risk management and discipline…
Cost of nautical-related claims back to high levels in 2011
The average cost of nautical related-claims has climbed back to high levels in 2011, according the Nordic Marine Insurance Statistics database, but may stabilise at the current rate.
European insurers with US APH liabilities face solvency scrutiny
European insurers that hold US Asbestos Pollution and Health Hazard liabilities will be subject to greater scrutiny of their financial accounting according to new research.
Insurance Insight September: Renewable energy, mobile technology and THB
Insurance Insight September is now live with an article on insurers’ growing interest in renewable energy; a look at the new demand for mobile insurance; and an interview with broker THB to find out about its latest expansion plans.
Tokio Marine appoints senior underwriter
Tokio Marine Europe Insurance has recruited John Gibson as senior marine underwriter.
Aspen pulls out of solicitors' PI
Aspen Risk Management will not write any more solicitors’ professional indemnity for the "foreseeable future".