Lloyd’s/London
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…
High Net Worth: Join The High Flyers
With the lucrative high net worth market continuing to soar, it’s little wonder so many new entrants are getting on board – but there could be a hard landing ahead for some
Interview: Rob Terry: tackling the problems
Approaching insurance from a technological background, Quindell’s Rob Terry is looking to tackle the dysfunctional motor market and shake up the status quo
View from the top: Daily demonstration of dedication
Why the CII deserves top marks in a world dominated by downgrades
News Review
A review of news stories that broke this week
Former HSBC Insurance duo poised for £50m drive with motor start-up
A new motor start-up, fronted by a duo of former HSBC Insurance UK executives, has been tipped to make a major play for the broker market in the second half of the year, underwriting up to £50m of business by the beginning of 2013.
Hardy boss looks to the future after restructure and sale are finalised
Hardy chief executive Barbara Merry has said the business can now “look to the future”, following a restructure of its property treaty book and conclusion of its sale to US insurer CNA.
Online this week - top ten stories
The top 10 stories from www.postonline.co.uk
Your say: Changing deafness climate
Tom Jones’s recent article (‘Selective insurer hearing’) suggests the insurance industry is turning on deafness claims in a ‘let’s bash the victim’ onslaught, with the prime aim of protecting funds at the expense of the injured.
Hyperion talk turns to integration as Windsor deal is given regulatory approval
Hyperion has pushed through the acquisition of Lloyd’s broker Windsor after receiving regulatory approval.
Novae Re exodus to damage reinsurance book
The resignations of the chief executive of Novae Re’s Zurich operation Gunter Saacke, chief underwriting officer Will Schuerch and 10 underwriters have sparked concerns that the insurer cannot retain business written by certain divisions.