Lloyd’s/London
Reinsurance TV: WIF and the Bermuda Reinsurance Club
Reinsurance editor Katherine Blackler talked to the great and the good of Bermuda and London at the World Insurance Forum and Bermuda Reinsurance Club events earlier this month.
Chaucer outlines windstorm and earthquake estimates
Chaucer today it had completed its estimate of losses from the Chilean earthquake and European Windstorm Xynthia.
Gallagher set for First City purchase
The UK arm of US broking giant Arthur J Gallagher is set to acquire the insurance broking business of First City.
Brit Insurance publishes quarter one cat loss forecast
Brit Insurance has concluded an initial review of its expected claims arising from recent catastrophe events - the earthquake in Chile and European Windstorm Xynthia.
Catlin outlines earthquake and windstorm estimates
Lloyd's insurer Catlin today announces initial estimates of the financial impact of the Chilean earthquake and Windstorm Xynthia.
Election 2010 - Labour view: Lord Myners interview
In the fifth of Post's six-part series, profiling the major political parties, Mairi MacDonald talks to Lord Myners about Labour's plans and priorities.
Roundtable - Pro-active Claims Management - Setting out the crucial aims for claims
Many insurers now view claims management as a way to differentiate their service from that of their peers. Leigh Jackson reports on how a panel of experts see this as a crucial way to retain customers and win business.
Laser technology could reduce premiums
The introduction of new anti-pirate laser technology aimed at commercial shipping firms could lead to marine insurers reducing premiums.
Biba 2010: the London Market View
With this year's Biba conference being held in the capital, Post thought it appropriate to ask a number of insurers traditionally associated with the London market why they are exhibiting and what they hope to get out of it. This week, we talked to Kevin…
Lancashire: no material exposure to Xynthia
Lancashire Holdings today announced that it estimates its net losses before tax from the earthquake in Chile and subsequent aftershocks range from approximately US$65m to US$125m including the sum of gross claims and claims expenses, reinsurance…
CTC sees loss adjusting reveune and profits increase
Insurance services provider Charles Taylor Consulting saw its profit before tax increase to £15.7m (2008: £9.9m) on reveune of £96.6m (2008: £80.8m) in 2009.
Lloyd's hails record profit of £3.9bn for 2009
Lloyd's this morning announced a £3.9bn profit for 2009 (2008: £1.9bn), which it hailed as a "record results during challenging economic conditions".
Markel adds to hull and war team
Markel International has appointed Daniel McCarthy as an underwriter within its Hull and War team.
Canopius delivers profit of £55m for 2009
Canopius Group, the privately-owned Lloyd’s insurance underwriting business, has reported profit before tax of £55m up from £43m in 2008 and profit before tax excluding foreign exchange on non-monetary items of £74m.
Amlin: earthquake may exhaust inward cat excess of loss exposures
Lloyd's insurer Amlin has issued estimates for the impact of the Chilean earthquake and windstorm Xynthia, both of which occurred over the weekend of 27th /28th February.
SCM Insurance Services set to purchase Axis Adjusters Europe
Canadian firm SCM Insurance Services has agreed a deal to purchase Axis Adjusters Europe in a bid to help it service its continental clients.
Fitch revises negative view of UK general insurance market
Fitch Ratings has revised its rating outlook on the UK non-life sector to stable from negative.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Kiln invests in new software system
Kiln has completed a project to extract data from its system to produce Lloyd's performance management data reports more quickly following a deal with insurance software specialist Sequel.
Pexton named as new Omega CEO
Omega has named former chief executive of Heritage Underwriting Agency Richard Pexton as its new CEO. Mr Pexton, who also joins the Omega board, replaces Richard Tolliday (pictured).
Miller looks to Markel to boost Singapore team
Miller Insurance Services has announced that Paul Cheng has joined its office in Singapore.
Aviation losses: accounting issues
The accounting issues surrounding lost profits, following the loss of a passenger plane, are complex and require detailed knowledge of the airline industry. Frédérique Hardy provides a guide to quantification.
London market: offshore wind of change
Offshore wind energy is going to be big business — and so too the opportunities for insurers. But not all of it will be plain sailing for underwriters, explains Matthew Yau.
Lloyd's: Claims transformation programme - The need for speed
With the Lloyd's claim's transformation programme pilot underway, Tim Willcock plots the key stages in the plan to improve claims processes for managing agents.