Commercial
Munich Re CEO warns over risk pricing after years of low losses
The long-term trend towards ever higher natural catastrophe costs continues, according to Munich Re, which has warned of complacency over risk pricing.
Axa CEO Maso vows to take his time with Middle replacement
Axa CEO Philippe Maso has said the insurance group will not be rushed into replacing Ant Middle, the managing director of commercial lines for its UK general insurance business.
Axa commercial broking boss Middle departs for rival Aviva
Aviva has raided rival Axa Insurance to recruit its commercial broking boss Ant Middle as its new stategic partnerships director.
LV strikes deal wiith ISO
The Insurance Services Office, provider of personal injury claims, evaluation solutions and services, has announced that LV has signed a major new contract to use its Claims Outcome Advisor (COA) product suite.
Argo raids CNA for claims boss
Argo International has appointed Ruth Roberts head of claims. Ms Roberts joins Argo International from CNA Europe, where she was director of claims for four years.
Ace appoints new aviation boss
Ace Global Markets has named Malcolm Brett as its new product line head of aviation following John Green’s decision to step down from the role.
Lloyd's estimates World Cup insurance coverage at £6.2bn
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off on Friday, according to Lloyd’s.
Moorhouse eyes £5m GWP broker acquisition
Welsh broker Moorhouse has outlined a plan to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium.
Lloyd's estimates World Cup insurance coverage at £6.2bn
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off on Friday, according to Lloyd’s.
German giant linked with Quinn bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
German giant linked with Quinn bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
NIG launches new professionals product
Insurer NIG has unveiled a new professionals product as part of a revamp of its network broker package products.
Broker declares SME "next battleground" for direct insurers
RG Ford has become the first broker to sign up to Open GI’s new quote and buy solution for SME business two weeks after its launch at British Insurance Brokers' Association conference.
Captive insurers urged to participate in Solvency II
The Federation of European Risk Management Associations and the European Captive Insurance and Reinsurance Owners’ Association has urged captive insurers to participate in Solvency II.
Captive insurers urged to participate in Solvency II
The Federation of European Risk Management Associations and the European Captive Insurance and Reinsurance Owners’ Association has urged captive insurers to participate in Solvency II.
Willis: Oil rig losses to push up rates
The Deepwater Horizon and Aban Pearl drilling rig losses, which have left energy insurers with a $795m (£542m) bill, will cause rate increases and destabilise the market, Wills has claimed.
Bridle completes purchase of AHS Insurance
Engineering intermediary Bridle Insurance has acquired Welsh broker Associated Householders Services.
Brokers Griffith & Armour and Miller seal international tie up
Assurex Global, the international network of independent insurance brokers, has added three new brokers to its international partnership ranks: Griffiths & Armour and Miller Insurance Services, both of the United Kingdom, and Associated Insurance…
Macquarie named as adviser for Quinn Insurance sale
The High Court has granted Quinn Insurance's administrators permission to appoint Macquarie Capital Europe to advise on the prospective sale of the group.
Brokers Griffith & Armour and Miller seal international tie up
Assurex Global, the international network of independent insurance brokers, has added three new brokers to its international partnership ranks: Griffiths & Armour and Miller Insurance Services, both of the United Kingdom, and Associated Insurance…
Macquarie named as adviser for Quinn Insurance sale
The High Court has granted Quinn Insurance's administrators permission to appoint Macquarie Capital Europe to advise on the prospective sale of the group.
Capita Managing Agency gains Lloyd’s approval
Capita Managing Agency has been approved by Lloyd’s to manage live syndicates, including Syndicate 2232, capitalised by Allied World Assurance, which starts underwriting on 30 June.
Marsh raids Willis for insolvency team
Marsh has launched a dedicated practice to provide risk and insurance advice to UK insolvency practitioners after appointing six employees from rival broker Willis.
Iraqi broker appoints new director
AAIB Insurance Brokers has appointed Mr Michael Carr as the divisional director of its Iraqi registered company Al Fajer Insurance and Reinsurance Brokers.