Lloyd’s/London
Hannover Re looks forward to Jan renewals
Hannover Re is "looking ahead with confidence" to the 1 January treaty renewals after being upgraded from A to A+ by AM Best.
Mitsui Sumitomo names new professional indemnity underwriter
Mitsui Sumitomo has promoted Stuart Wood, pictured, to class underwriter for professional indemnity in its professional lines operation.
R&Q reports 56% rise in profit
Randall & Quilter has reported a 56% increase in profit before tax to £4.6m in the first half of 2012 compared with the same period last year(H1 2011: £3.0m).
Monte Carlo preview: The calm after the storm
With 2011 rocked by political uprisings and catastrophes, delegates at the Monte Carlo Rendez-vous had much to discuss. However, a year later, with the market beginning to settle, what will be on the agenda?
Canopius bounces back with 87% COR and £33m shareholder profit
Specialist insurer Canopius has posted an improved combined operating ratio of 87% for the first six months of the year, 38% better than last year.
VRS and Woodgate & Clark lead the way in Loss Adjusting Awards 2012 shortlist
The shortlist for the 2012 Loss Adjusting Awards is now live.
Lloyd's names Vandendael as international markets director
Zurich's Vincent Vandendael appointed to the role, sitting in London.
RBS' Van Saun joins Lloyd's Franchise Board
Lloyd's has appointed Bruce Van Saun to independent non-executive director on the Lloyd's Franchise Board.
FSJ hires ex-Cobra boss for development director role
FSJ Broking, the London market division of Ink, has appointed Dave Truman as development director.
Sue Langley leaves Lloyd's
Lloyd's of London director of market development Sue Langley will step down in December after five years.
Ace to open Aberdeen office
Ace Group is to open an office in Aberdeen before the end of 2012.
ANV Syndicate 1891 launches accident and health division
ANV Holdings' newly acquired Syndicate 1861 has opened an accident and health business just eight days since acquiring the Lloyd's business from Flagstone Re.
Join Allianz, Groupama and Miller in 2012 insurance football tourament
The Prince's Trust is today calling on insurance companies to help tackle youth unemployment by taking part in the charity's annual fundraising football tournament.
IAG maintains silence on UK business sale
Insurance Australia Group has stressed that writing off its remaining goodwill and intangible assets in the UK business is not necessarily a sign that it will sell that division.
IT experts target six MGAs with new ‘shrink wrapped’ underwriting service
Insurance IT specialist Salmon has launched a new end-to-end underwriting service for managing general agent start-ups in a bid to make writing risk less “labour intensive”.
IAG sheds $300m assets ahead of potential UK business sale
Insurance Australia Group has written off AUD$297m (£196.6m) remaining goodwill and intangible assets associated with the UK business just months before it decides whether to sell its loss-making divisions.
Reinsurers take stock of Asia-Pacific risks
Reinsurers are bracing themselves for the next catastrophe in the Asia-Pacific region following the spate of catastrophes over the last two years, according to Fitch Ratings.
Aon boss sponsored by Nexus to ride in notoriously dangerous bike event
Aon associate director John Coleman is revving himself up ahead of the Manx Grand Prix this weekend, after bosses at Nexus Underwriting Management agreed to sponsor him to take part.
XL makes dual reinsurance promotion
XL’s reinsurance operations has appointed Mark Berry and Paul Simons to senior vice president and managing director, international property & specialty and senior vice president, head of US property treaty, respectively.
Canopius seals Omega deal
Private-equity backed insurer Canopius’s acquisition of Omega has completed today, increasing its annualised premium income to more than £1bn.
Liberty sets sights on specialist risks
Liberty Syndicates is setting up a new underwriting team to focus on specialty products headed up by Peter Smith.
Chaucer appoints new cargo class underwriter
Specialist Lloyd’s insurer Chaucer has appointed Geoff Wilkinson, pictured, to cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Travelers snaps up Chartis boss for legal role
Travelers has appointed John Abramson to head of legal and compliance for its European businesses.
Amlin reports leap in H1 profit to £184.5m
Amlin has reported profit before tax of £184.5m in the first half of this year compared to a loss of £192.3m in the first half of 2011.