Lloyd’s/London
Amlin Corporate CEO to step down
Amlin Corporate Insurance chief executive Patrick Coene is to stand down on 30 June.
Liberty Syndicates expands in Paris
Liberty Syndicates Management has moved to a new office in Paris to accommodate the Lloyd’s underwriter’s growing team.
Exclusive tax and Solvency II content now available on Post Europe
Post Europe’s weekly update is now live with an article on how a crack down on tax evasion in the US is impacting European insurers and an in-depth look at the results from quantitative impact assessment 5 for Solvency II.
LMA calls for removal of referral fees
The Transport Select Committee has missed an opportunity to call for a ban on referral fees for motor claims, according to the Lloyd's Market Association.
Chaucer reduces 2010 cat loss estimates
Chaucer has reduced its best estimate for claims arising from the 2010 New Zealand earthquake and Australian floods.
Jubilee outsources motor claims
Jubilee Insurance has outsourced its run-off motor claims to Beachcroft.
Kiln enters liability market
Insurer and reinsurer Kiln has launched a new liability unit.
Postbox: Time to revisit underwriting essentials
I have worked in underwriting for more than 20 years and, while technology has massively increased the array of tools we have available to underwrite risk, it's frightening to realise how few improvements have been made to the professionalism of our…
Sports cover in spotlight as footballer retires
The London insurance market has highlighted the importance of comprehensive sports insurance, after Reading FC footballer Chris Armstrong was forced to retire due to multiple sclerosis.
Canopius boss: massive quake will be tipping point
Canopius chairman Michael Watson believes the Japanese earthquake could serve as the tipping point on market rates, after lamenting the commercial lines market for its "folly" on low pricing.
Career development & CSR: Searchlight ups specialist training courses to London market players
Insurance industry training provider Searchlight has begun offering specialist courses to London market practitioners.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Mitsui Sumitomo establishes disaster control HQ
Mitsui Sumitomo chief executive, Andrew McKee, has given an update on the situation in Japan.
LMA: Lloyd’s underwriters will not play large role in loss adjustment process
The Lloyd’s Market Association, the representative body of underwriters at the Lloyd’s of London market has confirmed Lloyd’s exposure to the Japanese earthquake will be largely limited to reinsurance.
Jubilee seals Hyundai motor deal
Jubilee Managing Agency has partnered with broker Miller and Lloyd’s coverholder Italian Underwriting to launch a 100% satisfaction guarantee programme for Hyundai Motor Company.
Howden to acquire Israeli broker
Howden Israel has reached an agreement to acquire Davidoff Insurance Brokers.
CEA: QIS5 reveals sector strength
The results of the fifth "and last" comprehensive quantitative impact study into the effects of the forthcoming EU regulatory regime, Solvency II have been published.
Commercial insurance "crisis looming"
The Association of Insurance and Risk Managers has welcomed today’s Mactavish / PwC report, which it claims has “lifted the lid” on a “potential crisis” looming in the UK commercial insurance market.
CFC launches medical device cover
CFC Underwriting has launched a product designed to provide comprehensive cover for medical device companies.
Tawa completes acquisition
Tawa has acquired 100% of the issued shares of Oslo Reinsurance Company (UK).
Lloyd's: Too early to assess Japan losses
Lloyd's has said it is "far too early" to assess the business impact of the natural disasters to hit Japan over the last 24 hours.
Jubilee appoints senior A&H underwriter
Lloyd’s insurer Jubilee has appointed Neil Tayler as accident & health underwriter at Jubilee Syndicate 5820.
Lloyd's opens Rotterdam office
Lloyd’s has opened a Benelux office in Rotterdam.
FSA publishes regulation responses
The Financial Services Authority and Financial Reporting Council have published a feedback statement summarising the responses to the joint discussion paper on enhancing the auditor’s contribution to prudential regulation.