Commercial
Post Magazine – 11 November 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Post in print - 11 November 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Cullum snares BIB businesses
Cullum Capital Ventures has completed the acquisition of two businesses in the North east of England.
Towers Watson acquires EMB
Towers Watson has acquired general insurance and actuarial consulting company EMB.
Hannover Re CEO raises profit forecast in Q3 results
Hannover Re this morning said gross written premium in total business grew by an appreciable 11.5% as at 30 September 2010 to reach Euro 8.6bn.
Hannover Re CEO raises profit forecast in Q3 results
Hannover Re this morning said gross written premium in total business grew by an appreciable 11.5% as at 30 September 2010 to reach Euro 8.6bn.
Novae acclaims move to short tail classes in Q3 results
Lloyd's insurance group Novae has reported gross written premium for the first nine months of 2010 to £473.3m, up 54% (Q3 2009: £308.2m).
Novae acclaims move to short tail classes in Q3 results
Lloyd's insurance group Novae has reported gross written premium for the first nine months of 2010 to £473.3m, up 54% (Q3 2009: £308.2m).
Marsh lands RFU sponsorship
Marsh has been named the official insurance broker of the Rugby Football Union and a sponsor of the RFU’s community rugby programme.
68 staff at risk as Choice Quote business moved to Carole Nash
Following a business review, Groupama-owned GUK Broking Services has announced proposals for change to the future business model of its ChoiceQuote Insurance Services subsidiary.
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Tesco insurance partner Ageas UK reports £16.6 m profit in Q3
Ageas this morning reported UK non-life gross written premiums were up 14.1% to £703.9 m in the first nine months of 2010 compared to the same period last year.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
Bluefin puts Elite into run-off
Bluefin is putting its Elite underwriting facility for SME business into run-off.
Gable CEO confident it will meet market expectations
Gable Holdings this morning described the first half of the year as a period of consolidation and business growth.
Gable CEO confident it will meet market expectations
Gable Holdings this morning described the first half of the year as a period of consolidation and business growth.
Crawford appoints six new UK sectional heads in shake up
Crawford & Company UK has reorganised its general insurance business into six business sectors in a move it claims will align it more closely to its clients’ distribution and provide an improved operational focus.
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
Munich Re raises year end profit forecast by €400m
Munich Re is now predicting a higher consolidated result for 2010 than previously expected: following a profit of €1.955 bn for the first nine months of 2010 (same period last year: €1.784 bn).
JLT CEO Burke "optimistic" as it enters final quarter of 2010
Jardine Lloyd Thompson has reported its "trading performance is in line with our expectations, notwithstanding continued challenging conditions" in its interim management statement for the period from 1 July to 8 November.
Chartis revealed as largest solicitors' PI insurer at 2010 renewals
The Solicitors Regulation Authority has today confirmed that the total premium pool for the solicitor's professional indemnity market this year was £213.6m.
Chartis sees COR improve to 99.3% in Q3 2010, as AIG records $2.4bn loss
Chartis’ third quarter 2010 operating income before net realised capital gains (losses) was $1.1 bn compared to $719 m in the third quarter of 2009.