Lloyd’s/London
View from the top: Staff cutbacks mean that we all pay the price
Recent events with Quinn Insurance have proved once again that choice often comes at a price. Solicitors, as many industries in the UK, are facing tough times. Income is down, claims are up and there is not much light at the end of the tunnel. Hard-hit…
Johnson to head affinity
Oxygen has appointed Howden's former divisional director, Steve Johnson, as head of affinity.
Start-up targets IT and media
Aquila Underwriting has launched an underwriting platform offering specialist liability, business interruption and crisis management policies for media content, intellectual property and IT security risks.
Beazley moves to USD
Lloyd's insurer Beazley is to change its reporting currency to US dollars for the 2010 financial year onward.
Cooper Gay on the up
Cooper Gay has reported group revenue growth to £100.5m (2008: £77.9m), an increase of 29%. EBITDA grew 8% to £19.9m (2008: £18.4m).
Tories vow we will create "most competitive tax system in the G20"
The Conservative Party today outlined its ambition is to create the most competitive tax system in the G20 within five years.
Nexus hires financial lines duo
Nexus Underwriting Management has hired two senior financial lines underwriters from Brit’s Lloyd’s Syndicate 2987.
Cooper Gay revenue grows 29%
Cooper Gay has reported its annual results for the financial year ending 31 December 2009.
Ace extends environmental offering
Ace UK has launched an environmental protect policy offering coverage for both SMEs and multinational operations.
Beazley changes reporting currency
Lloyd's insurer Beazley is to change its reporting currency to US dollars for the 2010 financial year onward.
Poland Central Bank governor in crash that killed Polish president
The governor of the Poland’s Central Bank is the latest major political figure to be found in the Polish plane crash that killed the country’s president in Russia this weekend.
XL targets Irish mid-market
XL Insurance has launched a Dublin-based underwriting operation for middle market casualty business.
Former Willis director joins RFIB
A former executive director from Willis, Karl Haynes, has joined RFIB Group as director of international claims. Mr Haynes was at Willis for more than 25 years, most recently within its marine division with responsibility for the international, trade &…
Torus appoints marine head
Torus has appointed Demian Smith as global head of marine with immediate effect. Reporting to chief underwriting officer of global specialty Dermot O’Donohoe, Mr Smith will facilitate the expansion of Torus’ specialty offering through the set up and…
Biba clarifies members' position over limitation of liability
The British Insurance Brokers’ Association has launched a new publication to provide clarification to brokers on the issue of limitation of liability when advising clients.
HSBC duo joins Lonmar Global Risks
Lonmar Global Risks has revealed David Gray and Simon Henderson will be joining the company from HSBC Insurance Brokers to lead the accident and health division, within the non-marine business.
Sagicor revenue climbs to $1.2bn
The Sagicor Group of Companies reported total revenue for the year climbed to $1.2bn (£781m) from $1.1bn for the previous year. Premium revenue, net of reinsurance, grew by $130.9m or 18.4% to reach $842.9m.
Novae predicts $10-15m earthquake loss
Lloyd's insurer Novae Group today announced initial estimates of losses from the Chilean earthquake and from Windstorm Xynthia.
Oxygen appoints head of affinity
Oxygen Insurance Brokers has announced the appointment of Steve Johnson as head of affinity. Based in the Leeds office, Mr Johnson will be part of Oxygen Partners, the broker’s wholesale and schemes division.
APC continues growth drive with ex-NIG hire
Ex-NIG senior underwriter, Chris Page, has been hired in the same role at APC.
HCC readies for upturn in M&A activity with new launch
HCC Global Financial Products has launched a new line of business focusing on mergers and acquisitions’ transaction risk insurance; covering warranty & indemnity, tax indemnity, and contingent risk transfer insurance.
Video: Post launches the British Insurance Summit 2010
Anthony Gould, group editor in chief, Incisive Media's insurance division talks about the launch of Post's new flagship conference - the British Insurance Summit.
Election 2010: Have your say
In the run up to the 2010 election Post is offering you the chance to have your say on the issues of the day.
Interview - John Hennessy: Opportunity knocks
CNA Europe CEO John Hennessy may have only been to London once before taking up his new role, but he tells Jonathan Swift why he already feels at home in the local market.