Lloyd’s/London
Lloyd's insurer Brit admits private equity approach
Brit Insurance has confirmed that it recently received an unsolicited indicative proposal from a private equity group regarding a potential cash offer for the group.
Guy Carpenter appoints global chief operating officer
Guy Carpenter has named Liz Flynn as global chief operating officer. Ms Flynn will be based in New York and will report to Peter Zaffino, Guy Carpenter’s president and CEO.
Evans is new insurance parliamentary group chair
The All Party Parliamentary Group on Insurance and Financial Services, for which Post provides the secretarait, elected former trade minister Jonathan Evans as its new chairman at a meeting in the House of Commons last night.
Win big with Equity Red Star World Cup Competition
Post is celebrating the arrival of the World Cup by helping run an accumulator competition in association with Equity Red Star.
ABI chair calls on government to put words into action over tax reform
The outgoing chairman of the Association of British Insurers Archie Kane, has launched an attack on European law makers for not differentiating between insurance and other financial services.
PE house buys 30% stake in Lloyd's broker
NCG Professional Risks, the London based Lloyd’s insurance and reinsurance broker, has today announced that it will receive a £1.4m investment to accelerate its expansion strategy.
Catlin raids Swiss Re for treasurer
Catlin Group has appointed Andreas Weber as group Treasurer, based in Zurich, Switzerland.
Post in print - 10 June 2010
Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.
Beazley names new head of professionals’ E&O
Specialist insurer Beazley has appointed Jerry Sullivan as its new head of professionals E&O.
Career development & CSR news: Row, row, row your boat... across the Channel for charity
A team from three Lloyd's market companies have combined forces to undertake the charity challenge of rowing the 21 miles across the English Channel to France in a six-person Thames cutter boat, aiming to beat the existing world record time of two hours…
Miller bolsters Assurex relations with HSBC hire
Miller has appointed Nick Drury, a specialist in the placement of corporate multinational accounts.
Argo appoints Roberts
Argo International, the specialist Lloyd's insurer and subsidiary of Argo Group International Holdings, has appointed Ruth Roberts as head of claims.
Plum relocates
Plum Underwriting has announced a raft of changes to the business as part of its aggressive growth plans, first announced in March.
Jubilee's Jackson quits
Jubilee life syndicate 779's active underwriter Brian Jackson has resigned from the company.
Lloyd's duo greenlighted
Capita Managing Agency and Chubb Insurance have been granted approval to operate new vehicles within the Lloyd's market.
Willis chair: risk models can help alleviate poverty
The scientific models used by the insurance industry to assess the financial risks of extreme weather events could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, according to Rowan Douglas,…
Cooper Gay in merger talks to create $3.5bn independent broking giant
London-based independent wholesale, reinsurance and specialist retail insurance broker Cooper Gay and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions to create what they claim would be the world's largest…
World Cup 2010 "most injury exposed ever" claims Beazley
A steady and significant increase in the workload of world class football players in recent years is likely to increase the injury rate at this year’s World Cup, making the 2010 tournament “the most injury exposed in history.”
Cunningham adds to EMC and board
Cunningham Lindsey UK has announced changes to the board and executive management committee of the business.
Munich Re CEO warns over risk pricing after years of low losses
The long-term trend towards ever higher natural catastrophe costs continues, according to Munich Re, which has warned of complacency over risk pricing.
Former Willis director appointed Guy Carpenter MD
Guy Carpenter & Company has appointed Patrick Ryan its Irish market representative.
Argo raids CNA for claims boss
Argo International has appointed Ruth Roberts head of claims. Ms Roberts joins Argo International from CNA Europe, where she was director of claims for four years.
Plum announces raft of changes
Plum Underwriting has announced a raft of changes to the business as part of 'aggressive' growth plans, first announced in March.
Lloyd's estimates World Cup insurance coverage at £6.2bn
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off on Friday, according to Lloyd’s.