Lloyd’s/London
AM Best: "Smooth" Solvency II transition will help Lloyd's
AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s and Lloyd’s Insurance Company (China).
Lonmar appoints new board member
Independent Lloyd’s broker Lonmar today announced the decision to appoint Alan Newall on to the board.
Lloyd's broker THB still on the hunt for deals despite AmWINS interest
Lloyd's broker THB this morning reported that fees and commissions were up 6% to £26m for the 6 months to 30 April.
GNL moves to create Takaful and Re-Takaful panel
New Shariah-compliant insurance broker GNL is planning to create a panel of insurers and reinsurers to work on Takaful and Re-Takaful commercial risk solutions.
Supercover seeks partners after income quadruples
Niche intermediary Supercover Insurance is seeking new distribution partners after increasing its income four-fold in 18 months.
Post history - 20 years ago: Allied Dunbar to cover new age cures
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
People moves – 14 July
A round-up of people moves and new appointments in the industry, as featured in the 14 July 2011 edition of Post.
Post Magazine – 14 July 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Insurance News Now – 14 July - Insurers fear £9m fraud unit will prompt further cash calls
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include fears from some industry figures that the insurance industry will be called on to foot the bill for more policing after agreeing to invest £9m over three…
Ironshore enters Australian market
Ironshore has entered the Australian market to provide specialty insurance coverages for large, complex corporate risk.
Robertson Taylor co-founder Willie Robertson passes away
Willie Robertson, co-creator of the specialist music and live entertainment broker Robertson Taylor, sadly passed away on the 9 July 2011 after a determined fight against cancer, it was revealed today.
British Insurance Awards 2011: A co-ordinated response
SERVICE PROVIDER OF THE YEAR - WINNER CRAWFORD & COMPANY
Hiscox expects to hit £1bn in 2012 on Syndicate 33
Hiscox has said it envisages a 2012 capacity of £1bn for Syndicate 33, an increase of £100m from 2011.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Lloyd’s pays out 40% faster during claims pilot
Claims transaction times at Lloyd’s have been cut by 40% from 25 to 15 days, during the pilot phase of the Claims Transformation Programme.
AM Best affirms Lloyd’s Syndicate 1084 rating and withdraws Chaucer Holdings rating
AM Best Europe has affirmed the financial strength rating of Lloyd’s Syndicate 1084 as A (Excellent) and the issuer credit rating (ICR) of “a+”.
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Amlin sees international cat renewal rates rise by 50%
Lloyd's insurer Amlin estimates net claims from the two major US tornadoes during April and May 2011 of approximately $50m.
Antares appoints deputy underwriter
Antares has appointed Oliver Goodwin to the role of deputy underwriter in the marine excess of loss team.
Beazley appoints energy leader
Beazley has appointed Matthew Holmes to lead its energy team.
UK General capacity deal 'first of many'
The capacity deal signed between UK General and Lloyd's insurer Catlin is likely to be the first of many, as the Leeds-based underwriting agency looks to branch out into high-risk liability.
Post history - 20 years ago: Yugoslavia has mixed reaction
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Post history - 30 years ago: Insurers take £1 premium for fireworks
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Lloyd's warns FSA over SII box-ticking
Lloyd's finance director Luke Savage has warned the Financial Services Authority against the perils of hiring "rookies" to approve businesses' internal capital models for Solvency II.