Commercial
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.
Collinson recruits top dog retail head
Collinson Insurance has appointed Greg Lawson as head of retail in a bid to develop its retail offering.
Axa urges MoJ to cut legal costs
Insurer Axa has welcomed the Ministry of Justice’s ban on referral fees but has urged the government to tackle lawyers fixed fees.
Government bans referral fees
The government has announced today that it is to ban referral fees as part of its commitment to curb the compensation culture, but is yet to specify a date.
Allianz and subsidiaries A+ rating affirmed
Allianz Societas Europea and a number of its subsidiaries have had their financial strength rating of A+ and issuer credit rating of AA confirmed by AM Best, despite the company’s high exposure to peripheral Eurozone sovereign credit risk.
European insurance buyers rate specialist brokers for providing personalised service
European insurers buyers rate the 'big 3'brokers for their depth of resources and buying power, but it is the specialist brokers that are viewed as providing personalised service.
Markel International A+ rating affirmed
Markel International Insurance Company and its syndicate 3000 have had their financial strength rating of A (Excellent) and issuer credit rating of a+ affirmed.
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.