Commercial
Chubb places $250m East Lane Re Cat bonds
Global specialist insurer Chubb has bought securitised reinsurance worth $250m to protect its Northeastern US hurricane exposure over a four-year period, a ratings note from agency AM Best reveals.
Recently rebranded insurer nets £100m deal
Recently rebranded mutual insurer LV has completed a deal with Help the Aged, the charity for older people, to offer personal lines insurance primarily to the over 50s market. It predicts the deal could be worth £100m alone in the medium term.
Agency: The next piece of the jigsaw for insurance-contract law reform
Kate Buttrey of Kendall Freeman updates us on the latest root-and-branch changes proposed in the crucible of (re)insurance law that is the UK
Allianz launches first UK flood-risk catastrophe bond
The first catastrophe bond to cover British flooding has been issued by German insurance company All...
Reinsurance Diary
Diary
Novae enters international general-liability (GL) market
Lloyd's underwriter Novae has moved into the international general-liability market with the recruit...
Power industry - Totally wired
As old state-run monopolies tumble across the globe, Jeremy Golden explains how to get your hands on potentially lucrative, non-marine power-company liability business
The future is here already
Inside View
Cricket World Cup terror underwriters join URS
Simon Wilmot-Smith and David Thompson, formerly of Art Inc, have joined Underwriting Risk Services (...
Brit directors cash in as options mature
Brit Insurance Holdings chief executive Dane Douetil has rounded off the insurer's recent spate of share buy-backs by cashing in a string of personal options netting him more than £300 000.
Policyfast recruits 200 new agencies
Policyfast, the recently launched wholesale broking operation has appointed 200 brokers to its panel of supporting intermediaries.
NIG merges two London offices under one head
NIG has merged its two London offices into a single business headed up by City manager, Julian Rhodes, in effect from today.
Markel replaces contingency underwriter with Sirius hire
Markel International, has appointed of Wayne Paternoster to the role of contingency underwriter in the Specialty underwriting division.
Allianz drops Cornhill
The Cornhill name has finally been consigned to history after the insurer rebranded as Allianz Insurance PLC today.
Ace launches online pollution liability facility
Ace Europe's commercial premises pollution liability product is available online via its fully automated e-commerce platform – Ace Online, the insurer announced today.
Arista expects £1m from taxi scheme with Robert Nott
Arista has launched its first scheme with the development of a tailored taxi product through Robert Nott Insurance Brokers. This move follows the company’s recent launch and the appointment of Simon Henderson as head of schemes.
GHL begins Zenith name phase-out
Zenith Services UK, the appointed service provider to the Gibraltar based insurers – Link Insurance Company Limited and Zenith Insurance plc – today announced that it is the first Guardian Holdings Limited European operation to adopt the GHL brand. With…
MMA to push commercial lines for Acturis brokers
Intermediary-only insurer MMA Insurance has announced the launch of its first product collaboration with the Acturis broker platform.
Management shake-up at DAS
DAS Legal Expenses has announced a new management structure for its UK sales teams.
Moorhouse appoints new lead director to handle MD duties
Moorhouse Group has promoted Sian Pryce as its lead director a role that sees her take on full managing director responsibilities.
GAB Robins in CDM regulations warning
GAB Robins has briefed its clients on the dangers of ignoring the new Construction Design and Management regulations.
CII report emphasises growing skills shortage
The Chartered Insurance Institute is calling for action to close a growing skills gap in the insuran...
Aon offers workers their birthdays off
Aon celebrated its 20th anniversary on 24 April by holding a series of community projects - such as ...
Underwrite the future: Carbon offset
As part of Post's Underwrite the Future campaign, we asked Brit Insurance to explain why it had decided to embrace carbon offsetting