Commercial
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.
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.
Arista records growth in H1 2010
Commercial lines MGA Arista Insurance has recorded a 21% increase in income in the first half compared with the same period in 2009.
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.
Marsh makes northern appointment
Marsh has appointed Richard Lloyd as head of its national corporate business in Carlisle and Newcastle.
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.
Glacier Re to wind down business after stategic review
European reinsurer Glacier Reinsurance, has announced that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect.
EC opens antitrust investigation into insurance
The European Commission has opened formal proceedings to investigate whether certain provisions accompanying claim-sharing and joint-reinsurance agreements in the marine insurance sector might infringe European Union antitrust rules.