Lloyd’s/London
Torus raids AIG for MGA start up
Operation to be based in Bermuda.
ABI: insurance employment up 1.3% in 2008 despite recession.
313 000 people employed by sector according to new figures.
Travelers confirms Smith as interim UK boss after Hudson departure
International president takes over for now after long standing insurance boss quits.
Travelers UK insurance boss quits
Martin Hudson leaves after over 20 years with the insurer in the UK.
LMA and ACPO join up to combat fraud at Lloyd's
LMA CEO Gittings said agreement was a "serious commitment".
Georgia floods may cost $500m
The flooding that wreaked havoc in Georgia last week may cost insurers $500m
Munich Re, Lloyd's syndicates could be affected by Iran sanctions
Sanctions on Iran could affect the business of Munich Re and Lloyd's syndicates, the Financial Times has reported.
Stanford blocked from accessing Lloyd’s funds
Allen Stanford’s court-appointed receiver persuades US judge to block bid to access insurance funds to pay lawyers
Aon: Environmental risks not high on European risk managers agendas
Broker warns firms to review ELD,
Treasury to address Post's Business Leaders' Forum Parliamentary Reception
Alison Cottrell, director of financial services, HM Treasury and John McFall MP, chairman of the Treasury Select Committee to speak at the BLF reception at the House of Commons.
Ace restructures UK business
Insurer divides its brokered business along coprorate and amajor risk lines.
Post Magazine 24 September - PDF
This week's issue of Post Magazine is now available as a PDF for all full subscribers.
Coming out in the wash
Laundering money through insurance companies is an attractive option for criminals. Sam Barrett looks at some of the methods utilised and the ways insurance companies can help protect themselves against the threat.
Kiln enters space market
Lloyd's insurer appoints specialist space underwriter
Lloyd's half year profits up as catastrophe losses fall
However, chairman Lord Levene talks about "challenging" circumstances.
New reinsurance act proposed by NAIC
NAIC proposes new reinsurance act
Flagstone Re adds property division to Lloyd's operation
Flagstone Re has announced that a team led by Nick Jones has joined its Lloyd's underwriting operation, Marlborough Underwriting Agency to create a worldwide property division.
Monte Carlo Rendezvous on camera
Reinsurance Magazine interviews a host or reinsurance industry CEOs as part of its 40th Anniversary celebrations held at this year's Monte Carlo Rendezvous