Commercial
DAS opens up shop in Canada
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company, will start writing business in Ontario on 5 July.
CCV buys Bishop Skinner
Cullum Capital Ventures has completed its fifth acquisition of the year, with the purchase of Newcastle based broker, Bishop Skinner.
Brit rejects £10.50 share bid
The board of Brit Insurance has posted an update on the progress of its sale negotiations with private investment firm Apollo Global Management.
Aviva revamps technology offering
Aviva has made changes to its commercial combined policies to better meet the needs of customers within the technology sector.
Caribbean risk pool prepares for "above normal" hurricane activity
All 16 members of the Caribbean Catastrophe Risk Insurance Facility have renewed their policies for hurricane and earthquake coverage for the 2010/11 year beginning on 1 June – the start of the hurricane season.
Hurricane Alex losses of $200m predicted
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed $200m.
Amlin backs new Dual division
Dual Corporate Risks has launched a property & casualty division with initial capacity to be provided by Amlin.
Markel revamps property division
Markel International has reorganised its property division in a bid to enhance the service it offers brokers and ensure better market coverage.
Canopius completes KGM deal
Canopius Group today confirmed that it has acquired the business of KGM Underwriting Agencies, which manages Syndicate 260, together with approximately 60% of Syndicate 260's capacity.
Catlin joins solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Torus seals deal to "accelerate" European expansion
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.
Torus seals deal to "accelerate" European expansion
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.
Technology - Global platforms: One size won't fit all
As online distribution becomes more ubiquitous, Paul Ferris warns that such platforms must be used with sensitivity to local practices.
Post Magazine – 1 July 2010
Subscribers to Post can now read the latest edition online as a digital interactive e-book.
Interview - Lyndon Wood: Daring to be different
Moorhouse boss Lyndon Wood spent last year in the Dragon's Den. Literally. He talks to Mairi MacDonald about growth plans, admiration for Adrian Colosso and pigeon psychology.
Halliwells wants takeover
Halliwells has filed for court permission to appoint an administrator as it looks to secure a takeover by Hill Dickinson.
Houghton is Southern Ace
Ace has appointed Jon Houghton to the role of regional manager of corporate risks, Southern region.
Broker share set to fall
The market share of national brokers is expected to decline to 50% in 2010 and is forecasted to continue falling until 2014.
Halliwells confirms talks
Halliwells has confirmed it is in "advanced discussions" regarding transfering the business to another law firm.
Lloyds TSB provides Henderson with £4.5m boost
Henderson Insurance Brokers secured a £1m finance facility to aid its acquisition of Denny O’Hara, the Leeds-based insurance broker, its new banker has also revealed.
Ace raids QBE to complete regional management team
Ace has appointed Jon Houghton to the role of regional manager Corporate Risks, Southern Region.
Risk managers call for penalties for late payment of claims
Insurers should expect to pay damages to their clients when they are slow to pay claims, according to the Association of Insurance and Risk Managers.
Swiss Re: global non-life premium dips 0.1% in 2009 to $1 735bn
According to Swiss Re’s latest “World insurance in 2009” sigma study, world insurance premium volume fell 1.1% on an inflation-adjusted basis.
Hiscox to cut Lloyd's capacity by £100m in 2011
Hiscox has published a summary of its initial 2011 business forecast for Syndicate 33. A full 2011 business forecast for Syndicate 33 will be submitted to Lloyd's by 9 July.