Commercial
Conservatives welcome creation of Euro super-regulator
The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory Authorities and a European Systemic Risk Board.
European super regulator could be in place by 2011 pending 7 September vote
EU authorities are to get tough new powers to settle disputes among national financial supervisors and to ban risky financial products and activities, in a revamp of EU financial supervision plans agreed on Thursday.
Omega Lloyd's managing agency boss Adie resigns
Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned from his position with immediate effect.
Omega Lloyd's managing agency boss Adie resigns
Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned from his position with immediate effect.
HDI-Gerling enters Irish market
Industrial insurance company HDI-Gerling is to create a new branch in Ireland.
Fitch affirms Ageas ratings, and revises outlook to "stable"
Fitch Ratings has today affirmed AG Insurance's Insurer Financial Strength rating at 'A+' and Long-term Issuer Default Rating at 'A'.
Fitch affirms Ageas ratings, and revises outlook to "stable"
Fitch Ratings has today affirmed AG Insurance's Insurer Financial Strength rating at 'A+' and Long-term Issuer Default Rating at 'A'.
Kane gets go-ahead for Qatari captive management company
Kane has announced that it is to establish an insurance management company in the Qatar Financial Centre after receiving authorisation.
Hurricane Earl losses could top $150m
AIR Worldwide estimates that insured losses from Hurricane Earl’s passage near the northern Leeward Islands earlier this week are between $50m and $150m.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
Abbey reports 11% increase in H1 pre-tax profit
Abbey Protection has announced an 11% increase in pre-tax profits to £4.7m for the first six months of 2010.
Marsh expands contamination cover
Marsh has launched a specialist contamination insurance product for water utility firms.
HDI-Gerling enters Irish market
Industrial insurance company HDI-Gerling is to create a new branch in Ireland.
Parabis Group swoops for loss adjuster Carmichaels
Parabis Group has acquired a controlling stake in property specialist Carmichaels to complement its existing niche subsidiary, Argent Liability Adjusters.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
Post Magazine – 02 September 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Fortis "well placed" to step in over motor void
Fortis UK chief executive Barry Smith believes the insurance group is well positioned to take advantage of the upheaval in the brokered private motor market.
Post in print - 2 September 2010
Post reporter Amy Ellis outlines the main news from this week's issue of Post.
BIA offers women hope
Research released this week by the Chartered Management Institute to mark the 40th anniversary of The Equal Pay Act 1970, revealed equal pay within the insurance industry could still be more than 35 years away.
Lockton to become latest London market broker to seek LLP status
Lockton International has become the latest London market broker to seek limited liability partnership status, Postonline can reveal.
Keychoice claims it is "not just another MGA" as it unveils insurer trio
Keychoice Underwriting, the new commercial managing general agency owned by SSP has claimed it is "not just another MGA".
Axa names new finance director
Waseem Malik, Axa's former head of M&A, has been appointed to the role of finance director at the insurer.
Allianz aims for €120m target with new Madrid corporate base
Allianz Global Corporate & Specialty, the insurance group's dedicated carrier for large corporate insurance customers, is opening a branch office in Madrid.
Former Towergate investor to wind down
The private equity firm linked with buying a 25% stake in Towergate 32 months ago has decided to wind-up its investments and return cash to investors after takeover talks broke down.