Commercial
Post magazine – 28 April 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Equity expansion still on track despite 185 jobs under threat - Insurance News Now – 28 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including Equity Insurance Group’s insistence that its branch network and plans for regional expansion are safe, despite putting 185 jobs within it’s underwriting and…
Holman's disposes of business as regulation increases
Foster Denovo has agreed a deal to acquire the IFA business of independent Lloyd's brokerage firm John Holman & Sons.
Equity expansion still on track despite 185 jobs under threat - Insurance News Now – 28 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including Equity Insurance Group’s insistence that its branch network and plans for regional expansion are safe, despite putting 185 jobs within it’s underwriting and…
Claims boss David Williams take up new MD role at Lloyd's agency
Argenta Private Capital, the Lloyd’s Members’ Agency subsidiary of Argenta Holdings, has appointed David Williams as managing director.
Chartis MD takes up board role with Lloyd's insurer Ascot
Ascot has appointed two new executive directors, Yvonne Keyes and Mark Smith, and one new non-executive Director, James Shea, all of whom joined the board of Ascot Underwriting this month.
Markerstudy appoints new head of direct
Markerstudy Group has appointed Clive Fulcher, formerly of BGL Group, to the newly created role of head of direct products.
Insurers Aviva, Axa and RSA ranked among top 10 greenest firms in Europe
A number of insurers have come out well in a list of Europe’s biggest companies ranked according to their greenhouse gas emissions by The Environmental Investment Organisation, a UK based independent non-profit research body.
Insurers Aviva, Axa and RSA ranked among top 10 greenest firms in Europe
A number of insurers have come out well in a list of Europe’s biggest companies ranked according to their greenhouse gas emissions by The Environmental Investment Organisation, a UK based independent non-profit research body.
Recent changes pay off for commercial property broker
Cadogan Keelan Westall is on target to more than double new business growth in 2011.
Aspen confirms Scotland boss
Aspen Risk Management has named Annie Watson as the general manager of its Glasgow office.
Chubb reports $270m cat hit in Q1 2011
Chubb has reported that the impact of catastrophes in the first quarter of 2011 was $270m (£164m) before tax. This figure includes the winter storms in the US, flooding in Australia, and earthquakes in New Zealand and Japan.
Travelers Q1 NWP down overseas as a result of Lloyd's action
US insurance giant Travelers has reported that its international arm saw a 20% decrease in net written premiums to $255m (£155m) in the first quarter of 2011 compared to the prior year quarter.
Nordic construction remains resilient
The Nordic area has been resilient throughout the economic downturn and is now showing signs of grow in areas including construction. While projects are usually funded by Nordic capital Asa Berglund and David Braybrook reveal that the region is open to…
Broker UIB reveals involvement in Space Shuttle insurance coverage
United Insurance Brokers and Space Partnership International have revealed that they have placed insurances for commercial payloads flying on the penultimate STS Shuttle mission (STS134), currently scheduled for the 29 April.
Beazley boss still expects mid 90s COR despite major losses
Lloyd's insurer Beazley this morning said premiums reduced by 3% to $426m (2010 $438m) in the first three months of 2011, with premium rates on renewal business decreasing by 1%.
Chaucer rating unchanged as largest shareholder rejects bid
AM Best Europe has said that the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 and the ICR of “bbb” of Chaucer Holdings are unchanged following the announcement that the board of CH has…
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
HNW - water damage: who reigns when it pours?
High net worth homeowners need to be aware of the optimal conditions and prevention measures that can be taken to keep art collections, antiques, contents and buildings in the best condition possible. As April showers loom, Annabel Fell-Clark advises on…
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Regional review - Cardiff: a sleeping dragon?
Despite being the largest city in Wales, the Cardiff insurance sector faces daunting challenges in the future. Daniel Dunkley finds out how it plans to face them.
HNW - rates: costs under control
The customer is currently winning in the mid and high net worth sectors, with rates only climbing slowly. David Sweeney looks at what the industry must do to price for profit and continue to provide great service.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.
Clutterbuck to succeed Moylan as Allianz commercial director
Allianz Commercial director for underwriting and technical Geoff Moylan is to retire from the business.