Commercial
Amlin set to establish Swiss reinsurer
Amlin is to establish a reinsurance company in Switzerland to provide European reinsurance buyers with Amlin`s first-class security and service delivery.
Lancashire suffers Q1 profit slide
Speciality underwriter Lancashire holdings has reported net post tax profit of $8.2m (£5.4m) for the first quarter of 2010 – a fall of almost 80% on $40.7m profit of Q1 2009, partially impacted by the Deepwater Horizon incident.
XL reports 100.5% combined ratio
XL Capital's property & casualty business has reported a 100.5% (Q1 2009: 92.1%)combined ratio in the first quarter of 2010.
Biba 2010 Countdown: At the fringe
This year's British Insurance Brokers' Association Conference will feature a number of fringe sessions for the first time. Chris Hanks explains what his firm will be doing.
Amlin set to establish Swiss reinsurer
Amlin is to establish a reinsurance company in Switzerland to provide European reinsurance buyers with Amlin`s first-class security and service delivery.
XL reports 100.5% combined ratio
XL Capital's property & casualty business has reported a 100.5% (Q1 2009: 92.1%)combined ratio in the first quarter of 2010.
Coverzones backer MMA "saddened" by its closure
MMA-backed commercial insurance aggregator Coverzones has shut up shop less than two years after it commenced trading in June 2008.
Apil calls for action on EL claims
A new system for providing compensation for sick and dying workers must be a top priority for the next government, according to the Association of Personal Injury Lawyers.
Lloyds to build on HBoS ties with new long term agreement
Lloyds Banking Group has appointed Munters MCS to provide property damage restoration services for its domestic insurance customers in a long term agreement.
Max Capital puts low cat loss down to "conservative underwriting"
Max Capital has reported net income of $36.4m for the quarter ended 31 March, compared to net income of $44.5m for Q1 2009.
CCV boss hails its M&A model as election uncertainty looms
Cullum Capital Ventures has acquired the general insurance portfolio of DTE Risk & Financial Management.
Online SME insurance specialist recruits new CEO from consumer sector
Online SME commercial insurance specialist Xbridge has appointed Jason Stockwood as its new CEO.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
XL shareholders approve Ireland move and renaming to "Group"
XL Capital has received ordinary shareholder approval changing the parent holding company’s place of incorporation from the Cayman Islands to Ireland.
RSA extends rehab deal with two year agreement
RSA and The Parabis Group have signed a 2-year contract extension for the provision of the RSA Care claims management initiative.
XL shareholders approve Ireland move and renaming to "Group"
XL Capital has received ordinary shareholder approval changing the parent holding company’s place of incorporation from the Cayman Islands to Ireland.
DWF appoints new partner
Julie Bowker is the latest new partner to be appointed to DWF's 50-strong commercial insurance team in Manchester.
Postbox: Reform needs consideration
Ian Drewer, CEO, Strategic Risk Partnerships, writes to Post editor Jonathan Swift.
Comment - BI wordings: Refresh not reject
Business interruption wordings are under review, explains Damian Glynn, to minimise misunderstandings and unrealistic assumptions.
Interview - Ian Passmore: University challenge
Having started at Endsleigh 30 years ago as a graduate, managing director Ian Passmore knows the roots of the business. He talks to Mairi MacDonald about the future for the broker.
Towergate smooths IPO path with debt restructure
Towergate has enlisted investment bank JP Morgan to advise it on a debt restructure that will extend the length of time it has to repay monies owed by swapping bank debt and preferred shares for a stake in a new subsidiary.