Lloyd’s/London
AM Best affirms Brit’s A rating
Credit rating agency AM Best has affirmed Brit Insurance’s A rating and Brit Insurance Holding's ICR rating of BBB.
Forbes launches treaty reinsurance arm
Price Forbes & Partners today announced the expansion of its business through the establishment of a treaty reinsurance division.
THB profits up in first half
THB this morning reported a 21% rise in broking profit to £3.9m on fees and commissions of £24.6m (H1 2009 £23.3m).
Hiscox withdraws from "flawed" solicitors' indemnity market
Hiscox is to withdraw from the solicitors’ professional indemnity market.
US increases terror cover take-up
US terrorism insurance take-up rates continued to climb in 2009 across all industries, according to Marsh.
Post in print - 24 June
Post reporter Dan Dunkley provides a 60-second run down of the major news headlines from tomorrow's issue of Post.
Canopius confirms KGM talks
Canopius, the largest privately owned Lloyd's insurer, has confirmed it is in talks to acquire up-for-sale motor underwriter KGM.
Marsh appoints new property and casualty practice leaders
As part of its drive to grow its property, business interruption and casualty risk and insurance solutions Marsh has appointed Caroline Woolley as property practice leader, and Alain Petit-Lambotte as casualty practice leader, for Europe, the Middle East…
Levene laments 2010, the year of "direct hits"
The chairman of Lloyd’s has described 2010 as the year of “direct hits”.
Marston quits Cunningham
Cunningham Lindsey is searching for an environmental services boss following Mike Marston's announcement that he plans to leave the business after six years.
CII London market award
The Chartered Insurance Institute has outlined its new qualification in London market insurance.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
RICS chooses Howden
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd's broker Howden as its preferred UK professional indemnity broker.
Lloyd's appoints Jardine
Lloyd's has appointed Paul Jardine from Catlin Syndicate as deputy chairman of The Council of Lloyd's, following Ewen Gilmour's retirement from the position earlier this month.
Postscript - 20 years ago: Skuld makes offer to ferry fire victims
Looking through Post's back catalogue paints a unique picture from more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Solvency II - Cost V opportunity: A cost worth paying
After complaints over the amount of management time needed to comply with Solvency II and the costs associated with this, Rachel Gordon asks if the grumbles are justified.
Ex-Fusion bosses outline MGA plan
The new managing general agency led by Fusion founders Kevin Pallett and Geoff Crisp aims to establish at least five offices as it gears up for its launch next year, backed by Bermuda-based insurance group Aspen.
New regulator must understand differences
The insurance industry has claimed it must be distinguished from the wider financial services sector under the coalition government's widespread regulatory reform.
Canopius confirms KGM interest as Lloyd's deadline approaches
Canopius, the largest privately owned Lloyd's insurer, has confirmed it is in talks to acquire up- for-sale motor underwriter KGM, with the deal expected to be completed within a fortnight.
Beazley expands contingency team
Beazley’s contingency team has recruited two new staff members in order to expand its service offering in the UK and Australia.
Xchanging in Italian swoop
Xchanging has signed a letter of intent with SIA-SSB, the European specialist in financial and payment systems services, to form an Enterprise Partnership.
Argo poaches Roberts from Aon Benfield
Argo International has appointed Craig Roberts as class underwriter of its international treaty team following the departure of James Braddock.
Liberty expands French operation
Liberty International Underwriters in Europe has established an underwriting presence in France for trade credit and political risk business with the appointment of Alexandre Egnell as assistant vice president, trade credit and political risk.
Alpha Underwriting launched
Alpha Underwriting has been established to handle corporate travel and personal accident cover.