Commercial
Aon Benfield: reinsurance capital hits all time high at year end 2010
The total global reinsurer capital reached an all-time high of $470bn (£288bn) at December 31, 2010 – a 17% increase over the 2009 period, according to Aon Benfield.
Fitch upgrades RSA, despite some capital concerns
Fitch Ratings has upgraded RSA's Insurer Financial Strength rating to 'A' from 'A-' and Long-term Issuer Default to 'A-' from 'BBB+'.
European insurers call for Solvency II non-compliance fines
European insurers would like to see the European Insurance and Occupational Pensions Authority fining regulators where Solvency II is not applied equally across the European Union.
Fitch upgrades RSA, despite some capital concerns
Fitch Ratings has upgraded RSA's Insurer Financial Strength rating to 'A' from 'A-' and Long-term Issuer Default to 'A-' from 'BBB+'.
European insurers call for Solvency II non-compliance fines
European insurers would like to see the European Insurance and Occupational Pensions Authority fining regulators where Solvency II is not applied equally across the European Union.
Acquisitive Higos buys another broker in South west drive
Higos Insurance Services has acquired Plymstock Insurance Centre, near Plymouth.
JLT granted South Africa license
Jardine Lloyd Thompson Group has confirmed that its South African business has been awarded a license to operate by the Financial Services Board.
Chartis responds to SRA decision to scrap the ARP in 2013
Insurer Chartis has responded to the Solicitors Regulation Authority’s decision to replace the Assigned Risks Pool in 2013 with a system where insurers offer a three-month extended policy period to firms who cannot obtain professional indemnity insurance…
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
Giles to sell life sciences business
Giles Insurance Brokers is to withdraw from the life sciences insurance market.
Hastings unveils partnerships division
Hastings Insurance Services has launched a new specialist division to handle the company’s affinity and partnership business.
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
HDI-Gerling swoops for Ace manager to open second UK office
Industrial insurance company HDI-Gerling has announced the creation of its second UK regional hub in Birmingham, England.
TGSL hires commercial director
Transactor Global Solutions Limited has appointed Chris Newman as commercial director, with responsibility for sales and marketing activities, and the expansion of TGSL into additional insurance markets.
Dual MGA enters property market
VK Underwriting has taken its first steps towards expanding its product range beyond its core specialty lines by entering the property market.
Insurers facing £38.6m ARP cash call
Solicitor’s professional indemnity qualifying insurers will have to pay £38.6m to fund the assigned risks pool this year.
Countdown to Biba 2011: the changing regulatory landscape
With the British Insurance Brokers' Association conference now less than four weeks away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss the issues which are likely to come to the fore in…
Law Society supports SRA PI plans
The Law Society has backed plans by the Solicitors Regulatory Authority to scrap the Assigned Risks Pool in October 2013.
Solvency II and data management: the debate
If you missed this week's live webinar debating Solvency II and the issue of data management - it is now available for viewing on-demand.
Exclusive interview and HNW content now available on Post Europe
Post Europe’s weekly update is now live with an interview with Portuguese broker MDS and a View from The Top on how the Swedish market is embracing fine art.
Post Europe Interview: MDS
Jose Manuel Dias da Fonseca, president of Portuguese broker MDS, chairman of broking network Brokers Link and a non-exec director of Cooper Gay Swett & Crawford, answers Post Europe’s questions.
Solvency II and data management: the debate
If you missed this week's live webinar debating Solvency II and the issue of data management - it is now available for viewing on-demand.
Exclusive interview and HNW content now available on Insurance Insight
Insurance Insights’s weekly update is now live with an interview with Portuguese broker MDS and a View from The Top on how the Swedish market is embracing fine art.
Interview: MDS
Jose Manuel Dias da Fonseca, president of Portuguese broker MDS, chairman of broking network Brokers Link and a non-exec director of Cooper Gay Swett & Crawford, answers Insurance Insight’s questions.