Commercial
Acquisitive Invicta seals two more deals
Invicta Insurance Services will complete its seventh acquisition, the entire general insurance portfolio of Wiltshire-based Keith Montgomery Insurance Services, on 1 May.
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
Markel appoints Asia CUO
Markel has named current London senior underwriter Mark Warrilow as the new chief underwriting officer of Markel International Singapore.
Allianz unveils new PI product
Allianz Commercial has launched a professional indemnity product for distribution within UK broker market.
RBSI sale confirmed for H2 2012
At an Annual General Meeting with shareholders, Royal Bank of Scotland Chairman Sir Phillip Hampton has outlined the bank's insurance assets are to be sold in the second half of 2012.
Zurich executive committe member steps down after 33 years
Zurich today announced that after a 33-year career with the company Paul Hopkins has elected to retire as a member of the group executive committee.
Only 12% believe Government FSA overhaul will meet 2012 deadline
Almost three fifths (58%) of insurance professional questioned by the Chartered Insurance Institute think that the industry’s needs have not been taken into account in the plans to overhaul the Financial Services Authority.
New Towergate chair remains tight lipped about successor to Andy Homer
Towergate’s new non-executive chairman Alastair Lyons has refused to give a timescale for it to find a successor to Towergate chief executive Andy Homer.
Axa confirms senior commercial departure
As a result of the senior management restructure at Axa commercial, distribution director Keith Hector has left the business.
Zurich executive committe member steps down after 33 years
Zurich today announced that after a 33-year career with the company Paul Hopkins has elected to retire as a member of the group executive committee.
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.
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).