Commercial
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
Power Place reaches online marketplace target
Power Place has achieved its target of 1000 brokers signed-up to use its online marketplace, with the addition of Compare Insurance.
British Insurance Awards 2011: shortlist announced
Today the Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Willis launches pay-as-you-go grey fleet cover
Willis has created an insurance scheme to address the insurance problems associated with allowing staff to drive their own cars on business – the so called grey fleet.
Towergate sets £25m target for new in-house e-trading arm
Towergate Underwriting has targeted an additional £25m in gross written premium once its new commercial e-trading proposition goes live this summer. The firm currently claims to control a total of £600m in GWP — of which £75m is through various software…
Legal expenses - ATE: End of the road?
With the government giving the green light to implementation of Lord Jackson's civil litigation reforms, Leigh Jackson details the adverse reaction of legal expenses insurers and whether this sounds the death knell for the ATE market.
Ageas to hike household rates to emulate motor
Ageas is set to continue hiking rates on its household insurance, on top of the 10% it has already pushed through in the first quarter of 2011, in a bid to replicate the improved combined ratio already seen in its UK private motor performance.
Insurers rail against solicitors' PI burden
The insurance market should not bear the burden of "regulating the solicitors' profession" due to insufficient regulatory intervention, the Association of British Insurers has warned.
Fish eyes boutique growth after ex-Lockton partner hire
Private equity-backed broker Fish Insurance is set to make a play for boutique commercial insurance, following the hire of a former Lockton partner to spearhead a new division.
Penny Black's insurance week
Still fresh in the mind, this month's Biba conference was awash with the usual rumours that started on stands and, by the second night, were sworn gospel.
Post magazine – 26 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
Markel changes UK team
Markel international has reorganised its retail division Markel UK, appointing Steve Carroll to a wider retail role.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
Mapfre and Mitsui extend co-operation agreement
Insurers Mapfre and Mitsui Sumitomo have extended their existing co-operation agreement to include reinsurance and risk consulting services.
Mapfre and Mitsui extend co-operation agreement
Insurers Mapfre and Mitsui Sumitomo have extended their existing co-operation agreement to include reinsurance and risk consulting services.
Arista appoints East Anglia underwriter
Commercial lines MGA Arista Insurance has appointed Stephen Robinson as development underwriter for the East Anglia region.
Barbon marks second year of growth with £11m profit
Barbon Insurance Group has recorded a pre-tax profit of over £11m based on a 4% increase in turnover in 2010.
Zurich rings changes to commercial broker division
Zurich has made a number of new appointments as part of the planned restructure of its UKGI commercial division.
Dual Italia signs bancassurance deal for D&O
Dual Italia, part of the Dual Group, has announced an agreement with banking group Intesa Sanpaolo Group to sell directors’ and officers’ policies through all of the bank’s branches that service corporate clients.
Energy insurance remains favourable despite natural catastrophes
Despite an unprecedented number of recent natural catastrophes, conditions remain favourable for most energy insurance buyers, according to Marsh.
Dual Italia signs bancassurance deal for D&O
Dual Italia, part of the Dual Group, has announced an agreement with banking group Intesa Sanpaolo Group to sell directors’ and officers’ policies through all of the bank’s branches that service corporate clients.
Energy insurance remains favourable despite natural catastrophes
Despite an unprecedented number of recent natural catastrophes, conditions remain favourable for most energy insurance buyers, according to Marsh.
McManus lands Willis Limited CEO role
Willis has confirmed the appointment of Brendan McManus to CEO of Willis Limited. He will take on the job in addition to his role as CEO, Willis UK & Ireland.