Commercial
Lockton opens second China branch
The China Insurance Regulatory Commission has granted approval to Lockton to open a new branch office in Beijing.
Postscript - Five years ago: Insurers eye Football League claim
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Claims update: Calculation challenges
The path for a subrogation claim by Air France was cleared when the French court found Continental Airlines responsible for the 2000 Concorde crash. Frédérique Hardy examines the obstacles and challenges inherent in complex recovery actions.
Legal update - Transatlantic triggers: The same but different
Mark Burton and Don Ramsey examine whether the UK can glean potential solutions from the US as the courts continue to wrestle with the thorny issue of what triggers a disease-related EL policy.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
Editor's comment: Love is in the air
The theme of romance, marriage and relationship meltdown permeated the insurance market this week.
Ageas retail boss hails potential after Devine promotion
Kwik Fit Financial Services managing director Brendan Devine is to manage Ageas' retail division's relationships with its insurer, aggregator and affinity partners, after taking on a new role within the group.
Aon joins the online SME scramble with MGA tie up
Aon has launched its first online quote-and-buy facility for the SME market after joining forces with managing general agent CFC Underwriting.
News analysis - Aggregators: Running out of steam?
Motor rates may be stalling but Tom Cooper pinpoints growth strategies to safeguard comparison site expansion.
Post Magazine – 13 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Tryg announces new CEO after Ms Bosse resigns
Danish insurer Tryg has announced that as of 1 February 2011, CFO Morten Hübbe will take over as group CEO of Tryg.
Quinn family: we are working with Anglo-Irish on Quinn Insurance bid
The Quinn family has defended its record in running Quinn Insurance, whilst claiming it is still in the running to buy the insurer in conjunction with Anglo Irish Bank.
Quinn family: we are working with Anglo-Irish on Quinn Insurance bid
The Quinn family has defended its record in running Quinn Insurance, whilst claiming it is still in the running to buy the insurer in conjunction with Anglo Irish Bank.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
RI3K trio join rival Xchanging
Xchanging has appointed Mark Badman, Alan Ratcliff and Greg Denham to its Xchanging Ins Sure Services arm.
Ombudsman proposes £15m budget hike as PPI claims stack up
The Financial Ombudsman Service today published its public consultation on its proposed budget for the next financial year (2011/2012).
Blanc to join Axa on Valentine's Day
Axa has revealed that Amanda Blanc will join Axa UK’s commercial lines business as chief executive on 14 February 2011.
Potholes cause rise in insurance claims
Insurance claims arising from damaged cars are likely to spike as a result of a "nasty rash" of potholes across the UK's roads caused by the recent harsh weather, the AA has warned.
PwC: "Uncertain" outlook for insurance market
Activity grew strongly in the UK financial services sector for the second quarter in a row in the three months to December, however, profitability did not increase as fast as expected, growing at the slowest pace for 18 months, and numbers employed in…
Omega consults largest shareholder following Canopius bid approach
Lloyd's insurance group Omega has confirmed receiving an "unsolicited" approach from rival Canopius for the business.
Power Place gains first broking network customer
Power Place has added 1 Answer to its client list – the first broker network to sign up to the service.
Bluefin appoints new underwriting head from Zurich
Bluefin Insurance Services has appointed Matthew Whitworth as head of marine within its underwriting department.
Mitsui unveils a series of new recruits
Mitsui Sumitomo at Lloyd’s has announced a string of new appointments to strengthen its underwriting team.