Commercial
Argo expands D&O team
Argo International has expanded its directors' and officers' team with the appointment of Rita Mistry and Anthony Hope.
Bridle acquires Southampton Insurance Services
Bridle Insurance has completed the acquisition of Southampton Insurance Services for a six figure sum.
QBE adopts US dollar for reporting as it forecasts 40% profit drop
QBE has decided to adopt a US dollar presentation currency for 2010 onwards, as it is claims this is more relevant for measuring performance given that around 75% of business is now written in 48 overseas countries, and over 50% of annualised premium…
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Fortis recruits quartet in SME commercial push
Fortis has bolstered its commercial lines underwriting and business development teams with the recruitment of senior staff.
QBE adopts US dollar for reporting as it forecasts 40% profit drop
QBE has decided to adopt a US dollar presentation currency for 2010 onwards, as it is claims this is more relevant for measuring performance given that around 75% of business is now written in 48 overseas countries, and over 50% of annualised premium…
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Shortlist announced for Fraud Awards 2010
The shortlist for the 2010 Insurance Fraud Awards has been announced. The event, which recognises the industry’s continued efforts to combat and prevent fraud and encourage the spread of best practice and excellence across the sector will take place on…
Allianz outlines SME business increase
Allianz saw new business through its online trading platform Quote SME increase by 68% between the first and second quarter, the insurer has revealed.
Beazley sees rates go backwards on renewals as it hits $115.5m profit
Lloyd's insurer Beazley achieved a profit before tax of $115.5m (2009: $30.1m). It added the profit before income tax and earnings per share includes an exceptional foreign exchange gain of $33.7m.
ABI confirms insurance fraud hit £16m a week in 2009
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers.
Fraud Awards shortlist announced as ABI unveils latest detection figures
The shortlist for the 2010 Insurance Fraud Awards - recognising excellence and best practice in combating and preventing insurance fraud - has been announced today.
Ex-Morgan Stanley COO joins Kiln
Kiln has appointed Ray Faires to the newly created role of chief information officer.
Ironshore enters space market
Ironshore's aviation division has entered into a treaty reinsurance program with the Starr Group to provide protection against commercial satellite risk.
Giles-owned Ink bids for Westinsure
Giles owned-managing general agent Ink has made an offer to acquire Westinsure.
Brownsword founder departs firm
David Brownsword has left his role as executive chairman of Brownsword Group, two years after returning to the fraud investigation company that he founded.
Aviva and RSA among firms studying Quinn bid memo
UK insurance giants Aviva and RSA have been named among the potential bidders for Quinn Insurance, according to a report this morning.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.
Aviva and RSA among firms studying Quinn bid memo
UK insurance giants Aviva and RSA have been named among the potential bidders for Quinn Insurance, according to a report this morning.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.
RSA launches e-trading system
RSA has launched a service that enables brokers to obtain quotes and bind a policy in minutes.
Two further Halliwells teams join BLG
The former head of Halliwells' London-based dispute resolution group has joined Barlow Lyde & Gilbert as a partner.