Lloyd’s/London
Lloyd's insurer swoops for Ace team leader
Canopius Group has appointed Stephen M Hartwig as senior vice president and head of excess casualty to its Bermuda-based underwriting agency, Canopius Underwriting Bermuda.
Profitability falls as impact of credit crunch, says survey
The impact of the credit crunch on the UK financial services industry has worsened over the past quarter, as profitability fell at a record pace and business volumes fell at the fastest rate in 17 years, a new survey said.
Former Lockton CEO takes new role
Xchanging has hired Stewart McCulloch, the former CEO of Lockton International, as implementation director.
Canopius Bermuda hires Ace excess underwriter
Lloyd's insurer Canopius has announced the appointment of Stephen Hartwig as senior vice President and head of excess casualty to its Bermuda-based underwriting agency, Canopius underwriting Bermuda (CUBL).
Paymentshield closes office in Towergate integration
Paymentshield is closing its Edinburgh office and will relocate south of the border as part of an in...
LMA re-elects chairman, outlines goals
Paul Jardine, the chief operating officer of Catlin Group, has been re-elected as chairman of the Lloyd’s Market Association, which represents the Lloyd's underwriting community.
QBE outlines casualty changes
Following the creation of its integrated casualty division in May 2007, QBE has announced that Ash Bathia has become managing director.
Appointment at Argenta
Argenta has appointed Andrew Annandale to managing director of Argenta Syndicate Management and Grah...
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Insurers hail 'secret profit' bond fraud win
Insurers have triumphed in a High Court fraud case against a surety bond underwriting firm found to ...
Markel awarded fraud judgment in its favour
Markel International Insurance Company has been awarded a judgment in its favour in the Commercial Court in London in respect of litigation it commenced against Tim Higgins, Barry Williams, Cliff Felstead, Ralph Brunswick, the individuals behind Surety…
Iqbal Gelu joins Principle
Iqbal Gelu has left Sterling Insurance to pursue a career with Principle, the UK's first Shariah-com...
Appointment at QBE
QBE has made five additions to its Manchester office. Anna Spink, previously with Affiliated FM and ...
Maso: industry needs to address MGA issues
Axa Insurance's new boss has revealed that it is taking an "intensive" look at its relationships wit...
Canopius "thrilled to bits" with Arista business
Lloyd's insurer Canopius has revealed its venture targeting small to medium-sized enterprise busines...
Shielding itself from the slump
Stuart Pender
Canopius sees profit jump to £33m
Privately-owned Lloyd's insurer Canopius has reported a profit before tax of £33m in 2007 – a 27% rise on 2006 - on gross written premiums increased of £455m (2006: £241m).
Brokers in the City
Aon's Women's Insurance Network this month hosted a London visit from the Dubai Women's Business Col...
Argenta makes senior appointments
Argenta Holding's chief executive officer, Andrew Annandale, has been appointed managing director of Argenta Syndicate Management in addition to his main board role, while Graham White has been appointed managing director of Argenta Private Capital.
RMS launches new catastrophe modelling service
Risk Management Solutions has launched a new catastrophe modelling analysis service Risk Analytics.
Novae sees rates fall 6% in first quarter
Lloyd's insurer Novae this morning reported gross written premium during the first quarter: had fallen slightly to £88.5m (Q1 2007: £89.1m)
Catlin: UK Ltd must sharpen up its act
The UK must improve its standing among the investor community in order to compete internationally, a...