Commercial
Travelers Q3 net income hammered by catastrophe losses
Travelers, the US (re)insurance giant, said that third quarter net income tumbled to $214m from $1.198bn the year before after the company was hit by $682m worth of after-tax catastrophe losses.
AIM firm makes first acquisition since 2007 listing
Abbey Protection, the specialist supplier of legal and professional fees insurance products and services to UK small-to-medium sized enterprises, has acquired, Accountax Consulting, Accountax UK and Accountax Law for an initial consideration of £4.4m.
Studio debate
Ant Gould, group editor in chief, Post Magazine, talks to Doug Coombs, information strategist & enter...
Cooper Gay in line for "one or two" acquisitions
Cooper Gay will complete up to two acquisitions before the end of 2008, according to the company's chief executive officer, Toby Esser.
BGL unveils new insurance partner
As part of a review of suppliers for core add-on products and services, the BGL Group has selected Minster Law to provide Family Legal Protection.
Allianz Retail appoints directors from Lehmans and RSA
Allianz Retail has appointed Adrian Mitri as director of operations and Tom Moss as director of underwriting.
Glacier Insurance appoints new CEO
Glacier Insurance has appointed Richard Etridge as chief executive officer.
Pick of the Week
Post reporters Louise Meeson and Sarah Hills look at the major stories from the general insurance mar...
Hiscox grants extension
Hiscox has granted an extension of two weeks for a response from the lawyers representing the compan...
Appointment at Jardine Lloyd Thompson
James Pilgrim-Morris has been appointed as senior legal adviser by Jardine Lloyd Thompson. He was pr...
The Pride of Yorkshire
Regional Review: Leeds
CEO to depart following insurer merger
LV will offer more products to the market following the acquisition of Highway and its broker brand ...
Appointment at Beazley Group
Beazley Group has made a series of senior-level management appointments. Neil Maidment, head of rein...
Aon acquires niche broker
Aon is aiming to substantially grow its presence in the hospitality market, despite the tough econom...
Brit adds to web system
Brit Insurance has added to its proposition for small to medium-sized businesses by increasing the o...
Appointment at Countrywide
Countrywide has appointed Tim Rogers as insurer relations director to strengthen the network's insur...
Job loss worries high
Over one-third of people are concerned for their jobs as the credit crunch bites, according to a sur...
Close to the bone
Premium Finance: M&A activity
Aflac looking at AIG's Japanese life arm
(BestWire) — US insurer Aflac may be interested in buying the life insurance subsidiary of Alico Japan, a unit of American International Group Inc.
New fleet management product launched for SMEs
Fleet Operations, a fleet management consultancy, has launched Fleet Complete, a package aimed at small to medium-sized enterprises (SME) operating between 5-200 vehicles.
New fleet management product launched for SMEs
Fleet Operations, a fleet management consultancy, has launched Fleet Complete, a package aimed at small to medium-sized enterprises (SME) operating between 5-200 vehicles.
Argo outlines hurricane and investment losses
Bermuda-based Argo Group has estimated net losses from Hurricanes Gustav and Ike , including reinstatement premiums, will range from $50-70m (£29.5m-£41.3m) on a pre-tax basis.
Collins, Especializada Re enter into corresponding broker agreements
US-based (re)insurance broker Collins, and Brazil-based Especializada Re have entered into an agreement under which the two companies will serve as exclusive correspondent brokers for the placement of reinsurance for insurance companies based in Brazil.
Distribution Strategies - mapping the road ahead
The rapidly changing shape of general insurance distribution is the focus of Post's Distribution Strategies conference being held in London on 30 October. As insurers and brokers look to cover all the bases - from distribution via tradional brokers to…