Commercial
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.
Lloyd's insurer Catlin to set up $1bn Swiss reinsurance arm
Catlin plans to form a reinsurance company in Switzerland to "significantly expand the European-based reinsurance business underwritten by the group," it said today.
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.
Lloyd's insurer Catlin to set up $1bn Swiss reinsurance arm
Catlin plans to form a reinsurance company in Switzerland to "significantly expand the European-based reinsurance business underwritten by the group," it said today.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
CNA expands technology underwriting team
CNA Europe has made two appointments to its European technology practice.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
CNA expands technology underwriting team
CNA Europe has made two appointments to its European technology practice.