Commercial
Evolution appoints business development boss
Commercial insurance specialist Evolution Underwriting has named ex-Towergate employee Ben Francis as its new business development executive for the South of England.
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).
Hiscox UK GWP up 8% on back of direct success and Dual tie-up
Hiscox’s gross written premiums year on year reduced by 8.0% to £453.5m (2010: £504.1m)for the first quarter. The insurer added this was "expected" as the it "maintained underwriting discipline and walked away from poorly rated risks".
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).
Hastings' Utley, Go Compare's Parsons and Sabre's Morris all enter Rich List
Former IAG UK CEO and current Hastings chairman Neil Utley has entered the Sunday Times Rich List top 1000 today at 430= with a fortune of £160m.
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.
Aviva unveils corporate risk team
Aviva has revealed the senior structure of its corporate risk and speciality business.
Post Europe May: Exclusive legal expense and ADR content now live
Post Europe May is now live with a look what impact the European Commissions proposals for consistence on alternative dispute resolution will have; how the Balkan region deals with weather related catastrophes; and how Italy’s legal expense market is…
Post Europe: ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Post Europe: Legal opportunities in Italy
Italy has a strong history of legal expenses insurance and despite the recession this sector has faired well. Giovanni Nenz explains why the product still has much to offer.
Post Europe: Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Insurance Insight May: Exclusive legal expense and ADR content now live
Insurance Insight May is now live with a look what impact the European Commissions proposals for consistence on alternative dispute resolution will have; how the Balkan region deals with weather related catastrophes; and how Italy’s legal expense market…
ADR generates mixed views
The European Commission looks set to impose some consistency among the patchwork of alternative dispute resolution systems that currently exist. Vic Wyman assesses what this will mean for the European insurance market.
Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Legal opportunities in Italy
Italy has a strong history of legal expenses insurance and despite the recession this sector has faired well. Giovanni Nenz explains why the product still has much to offer.
Cunningham Lindsey launches training scheme to boost complex loss team
Cunningham Lindsey has launched an initiative to increase its number of complex loss adjusters, by training existing liability staff to handle more specialist claims.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
CILA entry-level qualification goes live
The Chartered Institute of Loss Adjusters entry-level qualification examinations have gone live.
RBSI returns to operating profit as income falls 7%
Royal Bank of Scotland Insurance has reported an operating profit of £67m in the first quarter of the year compared to a loss of £50m in the same period in 2010.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Barral succeeds Riley as Aviva UK commercial director
Cathryn Riley has been appointed chief information officer of Aviva and has also joined the insurer's group executive committee.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.
Axa reports UK GI revenue of €916m
Axa's UK and Ireland-based property & casualty business reported €916m revenue in the first quarter of the year.