Lloyd’s/London
Blanch veterans join Goss Re
Ted Blanch, Mike Cashman, and Dan Case have all joined Dallas-based Goss Reinsurance Brokers in the US as partners.
JLT raids Marsh and Oval for senior regional appointments
Jardine Lloyd Thompson has appointed Nigel Bartlett as a partner, working within its regional partnership division.
Sagicor raids MMA for e-trading boss
Sagicor Underwriting has appointed Ian Josephs as head of E-Trading.
Warren Buffett plans to buy more Munich Re shares as he passes 10% threshold
Munich Re has today confirmed that Warren Buffett, and his various assets, now have 10% of voting rights in the company.
IUA warns of "dearth" of regulators
A lack of qualified staff could undermine government plans to reform UK financial regulation, the International Underwriting Association has warned.
Ascot reduces underwriting capacity
Ascot Underwriting has confirmed that Lloyd’s has approved its 2011 capacity of £600m.
Hardy: "opportunistic" Beazley offer undervalues business
Hardy has hit responded to Beazley's offer by commenting that the proposal "substantially undervalues the company".
Markel swoops for Talbot bloodstock and livestock business
Markel International has expanded its bloodstock and livestock business with the acquisition of the renewal rights of the bloodstock and livestock book currently written by Talbot Underwriting.
Chedid Re forms Lloyd's partnership
Chedid Re and Price Forbes & Partners have entered an association agreement for the insurance and reinsurance placement of upstream and downstream hydrocarbon energy business.
Beazley still keen on Hardy despite "surprise" at £158.4m bid rejection
Beazley has confirmed that it has made a 300p per share case approach to Hardy Underwriting Bermuda valuing the latter at £158.4m that has been rejected by Hardy.
Brit extends deadline for Apollo bid
In a stock exchange announcement Dutch domiciled Brit has confirmed an extension has been granted to the deadline for a formal bid by Apollo and CVC Capital Partners.
Aviva corporate boss raids ex-employer Mitsui for property head Tiernan
Aviva’s new head of its corporate risk solutions division has made her first raid on former employer Mitsui with a move for its property underwriting manager John Tiernan, Post Europe has learnt.
Beazley mourns the death of deputy chairman and co-founder
The board of Beazley has announced the death yesterday evening of its deputy chairman, Andrew Beazley, at the age of 57. Mr Beazley was co-founder of the company and its chief executive for twenty two of its twenty four year history.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
Michael Silcock to join JLT as partner
Jardine Lloyd Thompson has announced that Mr Silcock will be joining its financial risks business.
Manchester Underwriting appoints director
Managing general agent Manchester Underwriting has appointed Richard Webb as a director of the business.
Canopius confirms KGM business review
Canopius has confirmed it is undertaking a review of KGM's involvement in the motorhome market.
Professionalism indemnity - Estate agents & surveyors: Free agents
Estate agents seem to be enjoying a stable professional indemnity environment, despite the housing market crisis. Jane Bernstein explains why.
Thefts see Canopius review KGM's motorhome business
Canopius has confirmed it is undertaking a review of KGM's involvement in the motorhome market.
Senior staff face the chop as Zurich finishes GI review
A number of middle and high-ranking employees are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
Heath Lambert tops £1m
Heath Lambert has revealed its newly created London commercial team has topped £1m in gross written premium.
RFIB targets £80m turnover
RFIB Group has unveiled a strategy to double its current £40m turnover and triple profits by 2015.
ABI and Apil lead calls to reject asbestos ruling
Personal injury lawyers are urging all insurers to continue paying claims for mesothelioma on a traditional basis until the issue over policy triggers is ultimately resolved — which could take another year.
Post Magazine – 14 October 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.