Lloyd’s/London
Domicile: does it really matter for (re)insurance buyers?
Reinsurance buyers increasingly view reinsurers as global entities able to move capital easily between business units rather than as geographically discrete counterparties, insisted Chris Klein, director of reinsurance market management at Guy Carpenter.
Munich Re: renewable energy premium volumes set for 240% growth
In line with political targets, the share of renewable energies in power generation in Germany is expected to increase from a current 10% to 60% by the middle of the century.
Apollo sets sights on international treaty with Braddock hire
James Braddock is to join Apollo Syndicate 1969 in December as an underwriter specialising in international property treaty business.
The Insurance Fraud Awards 2010 - winners announced
Over 380 of the great and the good from the general insurance industry's fraud detection and prevention sector gathered in London last night for Post's Insurance Fraud Awards 2010.
Markel promotes Graeme Veale
Markel International has promoted Graeme Veale to claims operations director.
Newly launched Paraline acquires ICAT
Paraline Group, a Bermuda-domiciled insurance and reinsurance company, has announced its launch and acquisition of ICAT Holdings.
Willis restructures European reinsurance business
Willis Re has merged its teams handling Continental European and UK-based property and casualty business into an expanded European unit and is establishing a new specialty casualty practice group.
UK non-life sector COR expected to peak at 101% claims Fitch
Fitch Ratings today said its outlook on the UK non-life sector remains stable, having been revised from negative in March 2010.
Postscript - 10 years ago: QBE hints at relocation to London
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
In Series: Professionalism & CPD: Underscoring excellence
Professionalism has always been strong in the London market. Adrian Ballardie explains why it is now being reinvigorated.
In Series: Professionalism & CPD: The best of the best?
Lloyd's and the London market is tempting for graduates, with the potential of international business and a city base. But is there sufficient emphasis on formal career development? Rachel Gordon investigates.
Editor's comment: Lloyd's soap rumbles on
As the clock ticked down to the Friday (15 October) deadline to complete a deal for Brit, the Dutch-domiciled insurer confirmed an extension has been granted to bidders Apollo and CVC Capital Partners.
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.