Lloyd’s/London
Disgraced coverholder boss faces FSA fitness probe
The chief executive and director of a Financial Services Authority-approved coverholder faces having his status as a 'fit and proper' person investigated by the regulator, after admitting to child sex offences at Canterbury Crown Court.
Post Magazine - 23 June 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Cooper Gay confirms Hooper as CEO
Cooper Gay Swett & Crawford has confirmed that Shaun Hooper has been appointed chief executive officer of Cooper Gay & Co, the group's Lloyd's and London market broker.
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Hart leaves KGM as Canopius launches UK retail division
Colin Hart, chef executive of Canopius-owned KGM Motor is set to leave the group amid a restructure that sees the formation of a new UK retail division.
Eurotunnel confident of Aon settlement after claim withdrawn
Eurostar and SNCF, its majority shareholder, have withdrawn the claim they have been pursuing against Eurotunnel’s insurers for the past two years.
Post Europe: Italian disclosure regulation
New contract disclosure rules have been introduced in Italy late last year and as Paolo Golinucci explains this is having a knock on effect for brokers in the open market.
Canopius bolsters global property team
Canopius Group has promoted Derek Hansen to divisional underwriter, global property, reporting to Mike Duffy, joint active underwriter, syndicate 4444.
XL opens second regional office in middle market push
XL Insurance has heralded a renewed push into the UK middle market with the opening of a new office in Birmingham.
Towergate staff join Gallagher
Gallagher International is set to beef up its underwriting operation after attracting a team from Towergate.
Bloodstock - Market Update: Dark horse
With race lovers flocking to Royal Ascot this week, Jane Bernstein reports on a bloodstock insurance market still hampered by soft rates and self-insurance.
Zurich disposes of UK subsidiary
Zurich has announced that one of its non-core subsidiaries in the UK, Zurich Specialties London, will transfer its run off insurance business to Swiss Re at book value.
SFO announces plan to build closer ties with the City
The Serious Fraud office has announced plans to forge stronger ties to the City of London and to the City of London Police.
McLaren Stewart appointed to new director role at Giles
Giles Insurance Brokers has appointed John McLaren Stewart as UK sales director.
Barbican confirms Omega approach
Barbican has confirmed its interest in merging with fellow Lloyd's insurer Omega.
Cooper Gay expands energy team
Cooper Gay has outlined its intention to grow within the international downstream energy sector, with the hiring of two divisional directors within its London team.
Beazley recruits property underwriter
Beazley has appointed Will Roscoe as an underwriter on the open market property team.
Solvency II - Post implementation: Capital consequences
In the second instalment of a two-part article, Steven McEwan examines what will happen if the all-important capital requirements under Solvency II are breached.
Syndicates take legal action against Jackson promoters
Talbot Underwriting, Cathedral and EBI have taken legal action against AEG Live, the promoters of Michael Jackson's This Is It tour, as the Lloyd's syndicates upped the ante in repudiating a multi-million-pound claim.
Contractors' exit for Paladin after 18 months
Montpelier-owned Paladin Underwriting Agency has exited its specialist contractors' account 18 months after its inception, Post has learnt.
M&A - market update: Coming together
Merger and acquisition activity is finally on the rise following a long period of stagnation. Daniel Dunkley looks at what is behind the increase.
Oamps sets sights on UK expansion
Oamps has confirmed its acquisition of the book of the life science and associated business from Giles Insurance Brokers as part of a strategy to grow its UK business through the acquisition of new teams.
Post magazine – 9 June 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Howden names new chair with IPO experience
Howden's UK subsidiary, Howden Insurance Brokers has appointed Lorraine Adlam as chairman.