Commercial
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
John O’Roarke rules out LV commercial lines acquisitions
LV’s strategy for growth in the commercial market will not involve an acquisition - including NIG - according to the firm’s general insurance managing director John O’Roarke.
RSA names new Scotland boss
RSA has appointed Dan McNally as mid market regional director for Scotland & Northern Ireland with immediate effect.
Commercial policy wording must be “watertight”
The wording of commercial insurance policies must be “fully watertight” to ensure claims are met, law firm O’Connors has said.
Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
RSA's Scotland boss heads to Aspen
RSA's Scotland & Northern Ireland regional director Annie Watson has left the firm to join Aspen.
Jubilee seals Hyundai motor deal
Jubilee Managing Agency has partnered with broker Miller and Lloyd’s coverholder Italian Underwriting to launch a 100% satisfaction guarantee programme for Hyundai Motor Company.
Jubilee seals Hyundai motor deal
Jubilee Managing Agency has partnered with broker Miller and Lloyd’s coverholder Italian Underwriting to launch a 100% satisfaction guarantee programme for Hyundai Motor Company.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
HSE cuts could trigger premium rise
CBG Group has warned that insurance premiums could reach a 10-year high in reaction to the Health and Safety Executive’s plans to cut unannounced workplace inspections.
Japan earthquake insured losses could top $35bn
The insured property losses caused by the devastating earthquake which struck Japan could reach $35bn (£21.7bn), catastrophe modelling firm Air Worldwide has warned.
BI presents "wildcard" among Japanese quake losses
Major insurance and reinsurance losses both in Japan and globally following last Friday's huge earthquake in Japan will cause negative credit implications for the two sectors, according to Moodys.
Commercial insurance "crisis looming"
The Association of Insurance and Risk Managers has welcomed today’s Mactavish / PwC report, which it claims has “lifted the lid” on a “potential crisis” looming in the UK commercial insurance market.
CFC launches medical device cover
CFC Underwriting has launched a product designed to provide comprehensive cover for medical device companies.
Commercial cover “not fit for purpose”
Research firm Mactavish has warned that commercial insurance is currently “not fit for purpose” and could lead to a rise in claims disputes.
$10bn insured loss estimated from Japan quake
The Japanese earthquake could cost the insurance industry $10bn (£6.25bn) but it is not likely to cause rates to harden across the market.
Kane acquires HSBC business for $27.5m
Risk and insurance management services Kane has signed an agreement to acquire the insurance management operations of HSBC.
Lloyd's opens Rotterdam office
Lloyd’s has opened a Benelux office in Rotterdam.
Lloyd's opens Rotterdam office
Lloyd’s has opened a Benelux office in Rotterdam.