Lloyd’s/London
Interview: Rob Terry: tackling the problems
Approaching insurance from a technological background, Quindell’s Rob Terry is looking to tackle the dysfunctional motor market and shake up the status quo
View from the top: Daily demonstration of dedication
Why the CII deserves top marks in a world dominated by downgrades
News Review
A review of news stories that broke this week
Former HSBC Insurance duo poised for £50m drive with motor start-up
A new motor start-up, fronted by a duo of former HSBC Insurance UK executives, has been tipped to make a major play for the broker market in the second half of the year, underwriting up to £50m of business by the beginning of 2013.
Hardy boss looks to the future after restructure and sale are finalised
Hardy chief executive Barbara Merry has said the business can now “look to the future”, following a restructure of its property treaty book and conclusion of its sale to US insurer CNA.
Online this week - top ten stories
The top 10 stories from www.postonline.co.uk
Your say: Changing deafness climate
Tom Jones’s recent article (‘Selective insurer hearing’) suggests the insurance industry is turning on deafness claims in a ‘let’s bash the victim’ onslaught, with the prime aim of protecting funds at the expense of the injured.
Hyperion talk turns to integration as Windsor deal is given regulatory approval
Hyperion has pushed through the acquisition of Lloyd’s broker Windsor after receiving regulatory approval.
Novae Re exodus to damage reinsurance book
The resignations of the chief executive of Novae Re’s Zurich operation Gunter Saacke, chief underwriting officer Will Schuerch and 10 underwriters have sparked concerns that the insurer cannot retain business written by certain divisions.
Hardy acquisition completed
Hardy has ceased trading on the London Stock Exchange as of today following completion of its acquisition by CNA Financial.
Liberty hires new assistant vice president
Liberty International Underwriters Europe has appointed Mark Esdaile as assistant vice president in the company’s trade credit and political risk team.
Crawford hands Devall the reins to London-fronted business in the US
Crawford & Company has appointed veteran London market executive James Devall to lead the company's London-fronted business in the US.
Olympic Countdown: Q&A with Richard Kruse
With less than four weeks to go to the games, Beazley-sponsored fencer Richard Kruse talks to Post about his Olympic ambitions.
July date set for £143m Hardy and CNA merger
CNA's acquisition of troubled Lloyd's insurer Hardy is expected to come into effect on 2 July.
O'Neill to remain in Marketform top role
Specialist Lloyd's insurer Marketform Managing Agency has confirmed that interim chief executive John O'Neill, pictured, has taken up the position on a permanent basis.
Hardy suspends Singapore underwriting amid refocus on US risk
Hardy Underwriting is refocusing its property treaty business on US risk and away from the international business that brought catastrophic losses over the past two years.
RK Harrison secures £30m bank facility
RK Harrison Group has secured a £30m refinancing deal with Clydesdale Bank and Royal Bank of Scotland.
Emerging markets drive global premium growth
Economic growth in emerging markets and selective rate increases in developed markets helped drive a 1.9% increase in global non-life insurance premiums in 2011.
Aon Benfield updates on Lloyd's
Aon Benfield's market analysis team has launched its latest Lloyd's update report, covering the market's 2011 financial results and business position in 2012.
Xchanging teams up with Legal Solutions Group
Business process and technology services provider Xchanging has entered into a strategic partnership with litigation management innovator Legal Solutions Group.
Argo swoops for ex-Guy Carpenter capital markets MD
Argo has appointed Mark Gibson to the new role of director of alternative risk capital.
Acord hires ex-Lloyd's boss for reinsurance role
The Association for Cooperative Operations Research and Development has appointed Trevor Maddison as London projects director for global reinsurance and large commercial.
Cloutier: Double Brit deal better for shareholders
The sale of Brit Insurance to run-off specialist Riverstone, two months after QBE acquired its renewal rights, sets up Brit Group to focus on developing its specialist and reinsurance operation and marks the "last major piece of restructuring", according…
Brit offloads legacy liabilities to Riverstone
Brit Group has agreed the sale of its Financial Services Authority-regulated Brit Insurance Limited to Riverstone Group.