Lloyd’s/London
Childs to succeed Hiscox as chairman
Hiscox chief underwriting officer Robert Childs is to succeed Robert Hiscox as chairman of the Bermuda-headquartered insurer.
Ace boss heralds international pricing turnaround with 88.9% H1 COR
Ace has reported that income excluding net realised gains jumped to $1.44bn in the first half of 2012 (H1 2011: $932m).
Aon profits fall 4% at the half year to $503m
Aon has reported that total revenue for the six months ended 30 June 2012 grew 2% to $5.66bn (H1 2011: $5.57).
JLT profit grows 11% as UK economy woes stall Thistle growth
Revenue at Jardine Lloyd Thompson Group grew 7% in the first six months of 2012 to £441.7m, including a 6.3% increase in revenue generated from organic growth, compared with the same period in 2011.
Escott quits Capita
Capita's general insurance managing director, Brent Escott, pictured, has left the business by "mutual agreement" after seven months in the job.
Olympics: Claims from the games
Terrorism, adverse weather and the outbreak of disease could all cause the cancellation of the Olympics. But could the industry cope if the Games were canned?
Hiscox combines media, entertainment and events operations
Specialist insurer Hiscox has merged its global media, entertainment and events operations in response to the changing nature of the sector.
Clyde & Co partner goes live with new City law firm
David Coupe, pictured, former partner at Clyde & Co and Ince & Co, has launched a new City law firm focused on representing the intermediated insurance market.
MGAs WLTM insurers at 'speed dating' capacity exchange
The Managing General Agents' Association is hosting a capacity exchange event at the Lloyd's building to help members secure insurer support to expand and introduce new products.
Liberty launches event cancellation policy
Liberty Mutual has launched an event cancellation product for clients in the Middle East and North Africa.
PSC Insurance bags sizeable stake in Carroll London Markets
The PSC Insurance Group has completed the purchase of a "significant shareholding" in Carroll London Markets.
Amlin targets US casualty reinsurance risk
Amlin is launching a casualty reinsurance operation in the US with a focus on general and professional liability.
Am Trust completes Dore and Associates deal
The Am Trust Group has completed the acquisition of Dore and Associates Holdings.
Loss Adjusting Awards 2012 - Don't delay: deadline fast approaching
Post is proud to introduce the Loss Adjusting Awards 2012, a new industry awards evening highlighting excellence and achievement in this sector.
RSA and Aviva join the MGAA
RSA and Aviva have become the latest members to sign up to the Managing General Agents' Association.
Beazley offers single piracy and war product
Beazley is offering owners of ships sailing in troubled waters the option to buy one policy covering war risks and piracy.
Mitsui recruits Zurich and Ace underwriters
Lloyd's insurer Mitsui Sumitomo is aiming to increase its share of the international liability insurance market following two underwriting appointments.
IAG to spend £66m on Asian market
International Australia Group has set aside £66m to acquire businesses in Asia in a bid to boost its gross written premium contribution to 10% by 2016.
Arthur J Gallagher buys MGA Contego Underwriting
Arthur J Gallagher has acquired managing general agent Contego Underwriting for an undisclosed sum.
Aro Underwriting opens Kent office
Schemes and affinity specialist Aro Underwriting has opened a new office in Tonbridge, Kent to accommodate its regional underwriting team.
Beazley boss Lewers joins Equinox Global
Lloyd's coverholder Equinox Global has appointed Adrian Lewers, pictured, as non-executive director.
Canopius appoints new head of financial institutions
Lloyd's insurer Canopius has promoted Nick Kirk, pictured, to head of financial institutions with immediate effect.
Fitch affirms Lloyd's A+ rating
Fitch Ratings has affirmed Lloyd's' insurer financial strength rating at 'A+', impressed with its ability to cope with the 2011 catastrophe losses.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…