Commercial
AM Best stable on US commercial lines
Ratings agency AM Best has completed its assessment of the U.S. commercial market and continues to view the outlook as stable despite the ongoing soft period in the cycle, a contracting economy and the existence of a financial market crisis.
JLT sees rise in demand for football agent product
Jardine Lloyd Thompson (JLT) has seen a rising demand for its professional indemnity insurance for licensed football agents in the UK.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: Saga-owned aggregator Con...
Former Network Rail insurance boss joins broker
Jardine Lloyd Thompson has appointed Ian Thompson to its new transport, engineering and water utilities industry practice group.
Howden looks to ramp up affinity with Marsh hires
Howden has boosted its affinity business with the hires of Pierre Galeon and Peter Braganza.
NU Risk Services founder given Aon director role
Aon Global Risk Consulting has appointed Graham Heath as director of Risk Control – UK. In this role, Mr Heath will help UK corporate clients to improve their business performance through effective management of their risks.
Capita snaps up LV broking arm Hero for £15m
The Capita Group has acquired Hero Insurance Services from insurance and investment group LV for a consideration of approximately £15m on a cash free, debt free basis.
Biba calls for risk based pricing in age debate
Following the launch of the Association of British Insurers’ report: Age and Insurance: Helping older customers find the cover they need , the British Insurance Brokers' Association has pledged to work with the government and trade bodies to ensure a…
JLT CEO expects further progress despite 3% dip in profits for 2008
Jardine Lloyd Thompson has reported a 3% drop in profit before tax to £92.8m for the 12 months ended 31 December 2008(2007: £95.2m) despite a 13% leap in turnover to £526.1m (2007: £473.2m).
Property claims fraud focus
Baden Smith, head of fraud management at insurer Legal & General will open this year's Post Property Claims conference on 23 April with an insight into the impact of the recession on property claims fraud and more importantly how claims handlers can put…
Aon CEO in support of AIG
Aon's chief executive has said that his broker will continue to support stricken insurer AIG, which received another bailout from the Federal Reserve Bank on Monday.
Ecclesiastical appoints regional director
Jonathan Harker has been appointed regional director for Ecclesiastical's southern region, based at their Gloucester head office.
US Government confirms new bail-out measures for AIG
The Federal Bank of New York has confirmed supportive measures for stricken US insurer AIG.
US government seen committing a further $30bn to AIG
The US government are stepping in one again to help stricken insurer AIG, CNBC has reported.
Private Equity house up for sale
Candover Investments, the quoted private-equity group, has in effect been put up for sale today as it unveiled huge write-downs in its portfolio of 18 companies and cancels its dividend – according to weekend reports.
Industry comment feature - For every problem there is a solution
Advertising feature
Doing the right thing - again
Rethink
Measure by measure
As the world tries to work out what the global recession will mean, global broker Willis has chosen this difficult time to launch a new division. Dominic Samengo-Turner, who has been chosen to head up Willis Global Placement, speaks to Mairi Mallon
Mitsui opens in Qatar
Mitsui Sumitomo Insurance Company (Europe) officially opened an office in Qatar, claiming to be the ...
Hardy in £40.3m rights issue
Hardy is to raise £40.3m through a placing and open offer.
Moneysupermarket grows insurance revenue by 38%
Moneysupermarket's insurance revenue increased by 38% to £77.7m in 2008 compared to £56.4m the previous year.
QBE net profit falls 3.5%
QBE Insurance Group has reported that its pre-tax profits have fallen 3.5% to $1.86bn for 2008 compared to the previous year.
NU urges stress awareness
Norwich Union Risk Services has urged employers to be more vigilant about the signs of stress in the...
Allianz staff hoist main sail
Allianz Commercial has sent eight employees on its Voyage to Development programme in order to enhan...