Commercial
Brazilian reinsurance regulations still need improving says IFIRMA
The International Federation of Risk and Insurance Management Associations has welcomed the flexibility of the Brazilian government in responding to the world-wide concern about its new reinsurance regulations, but believes more needs to be done to limit…
Mitsui confirms expansion into Ireland with Chubb defections
Mitsui Sumitomo at Lloyd’s has confirmed it is to establish branches in Dublin and Belfast as part of its expansion plans.
Brazilian reinsurance regulations still need improving says IFIRMA
The International Federation of Risk and Insurance Management Associations has welcomed the flexibility of the Brazilian government in responding to the world-wide concern about its new reinsurance regulations, but believes more needs to be done to limit…
Mitsui confirms expansion into Ireland with Chubb defections
Mitsui Sumitomo at Lloyd’s has confirmed it is to establish branches in Dublin and Belfast as part of its expansion plans.
ABI: Solicitors PI revamp a “missed opportunity”
The Association of British Insurers has criticised the Solicitors Regulation Authority’s plans to overhaul the assigned risks pool.
SRA announces plans to scrap ARP
The Solicitors Regulation Authority will abandon the Assigned Risks Pool from October 2013.
Chubb Ireland hit by senior defections with Mitsui tipped to benefit
Chubb has confirmed four key employees are leaving its operations in Ireland.
Markel launches 'direct' arm aimed at low premium clients
Markel UK, the retail division of specialist insurer Markel International, has launched Markel Direct as it seeks to bolster its multi-distribution operating model.
Marine piracy at all time high, with Somalia leading hot spot in Q1 2011
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce International Maritime Bureau’s global piracy report revealed today.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Chubb Ireland hit by senior defections with Mitsui tipped to benefit
Chubb has confirmed four key employees are leaving its operations in Ireland.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Rush for next appointment increases corporate manslaughter threat
Businesses placing undue pressure on their staff are exposing themselves to risk of significant fines from a corporate manslaughter prosecution, according to a legal expert.
Ferma raises concerns over capacity for 2014 World Cup
The Federation of European Risk Management Associations has welcomed as "a good first step" the response of the Brazilian government to complaints and concerns from corporate insurance buyers and national and international reinsurance markets about…
Ferma raises concerns over capacity for 2014 World Cup
The Federation of European Risk Management Associations has welcomed as "a good first step" the response of the Brazilian government to complaints and concerns from corporate insurance buyers and national and international reinsurance markets about…
Editor's comment: The only way is up
Amanda Blanc's radical restructure of Axa's commercial lines business is undoubtedly a bold one. Not only does it leave more than 100 head office staff staring down the barrel of redundancy but her self-imposed deadline to devolve power to regional pens…
Arista bid to double GWP
Arista Insurance is to target cross-selling opportunities in a bid to double its gross written premium to between £120m and £150m by 2014.
Travelers targets UK PL market for expansion
Travelers is eyeing expansion opportunities in the UK personal lines market, according to the newly appointed chief executive of its European operation.
Axa pledges autonomy in mass branch overhaul
Regional brokers have welcomed an overhaul of Axa's "overly bureaucratic" regional strategy, after commercial chief executive Amanda Blanc outlined plans to devolve decision-making power from the insurer's head office.
Iprism cuts losses and eyes 2011 profit
Online commercial underwriting agency Iprism has seen its losses reduce by £4.5m during 2010, according to its latest filings at Companies House.
Penny Black's insurance week
Penny understands the launch of widely anticipated new insurance trade body the Managing General Agents' Association has been held up by a lack of technological foresight.
View from the top: mind the gap please
As a regular London underground commuter I am frequently reminded of the gap in expectations that yawns between me as a paying customer and the so-called service delivery provided by the management of our capital's public transport infrastructure.
Post magazine – 14 April 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Eversheds welcomes “common sense” Baker ruling
Law firm Eversheds has backed the Supreme Court ruling overturning the case of Baker v Quantum, hailing the decision as a victory for “common sense”.