Lloyd’s/London
Glacier Re to wind down business after stategic review
European reinsurer Glacier Reinsurance, has announced that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect.
Am Trust makes two appointments
Am Trust Europe has appointed Laura Mansfield as new business development manager to cover its brokers in the Midlands, Wales and Northern Ireland.
Lloyd’s to trial Ipads in underwriting process
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
CNA ties up RSA deal to give it access to 142 countries
CNA has entered into an agreement that provides its US-based corporations with access to RSA's global network.
Omega Underwriting Agents names MD
Omega Insurance Holdings has appointed David Reed as managing director of its managing agency Omega Underwriting Agents.
Beardmore named as BMS boss
Carl Beardmore has been appointed chief executive of BMS Associates, the group holding company of BMS Group.
Conservatives welcome creation of Euro super-regulator
The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory Authorities and a European Systemic Risk Board.
Insurance Fraud 2010
Hear the latest initiatives on combating insurance fraud from Aviva, Allianz, Axa, Experian, the Insurance Fraud Bureau, the Financial Ombudsman Service and others at Post's Fraud 2010 conference later this month.
Omega Lloyd's managing agency boss Adie resigns
Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned from his position with immediate effect.
Broker focus - Premium liability: That boat has sailed
With the publication of Issues Paper Eight in July, the Law Commission set about addressing an anomaly that applies to marine insurance, which makes brokers responsible for paying their clients' premiums to underwriters. Rachel Gordon explains why it…
Interview - Ken MacDonald: Keeping it simple
As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks to Miller's head of corporate risks about triple-digit growth and targeting FTSE 250 firms.
Lockton to become latest London market broker to seek LLP status
Lockton International has become the latest London market broker to seek limited liability partnership status, Postonline can reveal.
Interview - Peter Harmer: Next in line
Peter Harmer
QBE brands CEO replacement speculation as "completely false"
QBE has branded speculation that it has lined up an external successor for its CEO Frank O'Halloran as "completely false".
Chaucer recruits former Axa CEO Wood as non-exec
Chaucer Holdings has appointed Mark Wood as a non-executive director from today. He joins the audit, remuneration and nomination committees, and following FSA approval, will become a non-executive director of Chaucer Syndicates, the group’s Lloyd’s…
R&Q profits hit $3.6m
Randall & Quilter's income rose 52% to £16.1m in the first six months of the year, up from £10.6m in the first half of 2009. The company's profit before tax was £5.8m (2009: £1.2m) and basic earnings for each share are 6.9p (H1 2009: 1.7p). The insurance…
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.
Omega confirms six-month loss
Omega has reported a pre-tax loss of $34.2m (H1 2009: $22.9m profit) for the first six months of 2010 following a series of catastrophic events.
NCG changes name
London-based Lloyd’s insurance and reinsurance broker, NCG Professional Risks, has announced its change of name to Oxford Insurance Brokers Limited, with immediate effect.
JLT adds to London Market Risks team
Jardine Lloyd Thompson has appointed Alastair Templeton to its commercial motor fleet account.
Kiln updates Lloyd’s forecasts
R J Kiln has updated its forecasts for the 2008 and 2009 years of its mixed capacity Lloyd’s syndicates.
Lloyd's insurer Chaucer H1 2010 result bolstered by £5.3m reserve releases
Chaucer has reported a profit before tax of £7m (30 June 2009: £17m) for the first six months of 2010 on gross written premiums of £493m (30 June 2009: £491m).
Climate change - renewable energy: Investing in the future
With high targets on reducing carbon emissions, Daniel Dunkley asks if the government has the political will to invest in renewable energy and how the insurance industry can benefit.
BIS countdown - Interview - Michael Casella: Commitment to the Chubb cause
The new CEO of Chubb Europe, Michael Casella, has spent 28 years travelling the world with the firm. Now based in London, he tells Jonathan Swift why it set up a new Lloyd's syndicate and why you'll never see it dipping in and out of markets.