News
JLT boss: new underwriting arm 'more than an MGA'
International broker JLT has become the latest to outline plans to develop a separate underwriting b...
Appointment at Aon
Bob Matthews has joined Aon Risk Control Consultants as a business development consultant. Mr Matthe...
Aon sheds two firms
Ace has agreed to acquire Aon underwriting subsidiary Combined Insurance for $2.4bn (£1.19m). Munich...
Ethics proposal for rehab case managers is drafted
The Case Management Society of the UK has joined forces with two other bodies to create a draft ethi...
AIG into car rental
Personal Lines News
Lloyd's China school gift
Lloyd's is to fund the building of a new primary school in Southern China. The facilities will benef...
Appointment at GAB Robins
GAB Robins has appointed Nigel Barham as the new head of its subsidence and building services divisi...
Aspen appoints head
Aspen Insurance Holdings has appointed Bernard de Haldevang as head of political risk insurance with...
Post pick of the week
Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post including: Aviva delays decision on Pune transfer sparking speculation of an offshore u-turn; JLT boss Dominic Burke insists Thistle Underwriters is more than…
FSA proposes to extend the common platform to non-MiFID/CRD firms
The Financial Services Authority (FSA) has published proposals to extend certain chapters of its Senior Management Arrangements, Systems and Controls Sourcebook (SYSC) - known as the common platform - to firms not subject to the Markets in Financial…
Company claims to have developed first UK groundwater flood map
Experian, the information services company, has launched the what it claims is first groundwater flood model to give insurers greater confidence in their underwriting process.
Marsh appoints new Scottish chair
Marsh has appointed its UK chief operating officer, John Nicholson, to be chairman of its Scottish operations, effective 1 January 2008.
Fitch: UK GI market stable
Fitch Ratings has said today that it is maintaining a stable outlook on the UK general insurance sector as insurers remain on the path of underwriting discipline in the face of more challenging market conditions.
Congress sends new 7-year TRIA extension to Bush
The US House of Representatives has sent a final compromise version of a 7-year extension to the US Terrorism Risk Insurance Act (TRIA) state terrorism insurance backstop to the White House for presidential approval.
Bermuda government wins convincing election victory
Bermuda’s Progressive Labour Party (PLP) has won yesterday’s general election on the island.
Catlin in $225m US Cat bond deal
Lloyd’s and Bermudian (re)insurer Catlin has announced that it has bought coverage totalling $225m under a catastrophe swap agreement in the event of severe US natural catastrophes over a three-year period. .
They're under starters orders, and they're off
The inaugral Insurance Race Day will take place on 22 April 2008 at Kempton Park following an initiative by Post, Insurance Age, Professional Broking, Cover and Reinsurance magazine.
Bupa acquires disease management provider
Bupa has acquired Health Dialog, one of the largest players in the health information and disease management sector in the US.
Airline underwriters set for least profitable year since 2000
The last three months have seen the airline insurance market settle into a consistent pattern of around -10% average premium reductions for lead airline hull and liability insurance, according to Aon’s December airline insurance news.
Catastrophes kill 20 000 in 2007
More than 20 000 people were killed by natural and man-made catastrophes in 2007, according to preliminary estimates by Swiss Re.
HSBC and Brit back start up
Direct Fleet Insurance, the online auction-based insurance service for commercial fleet, has reported a succesful first month.
Lloyd’s to build school in China
Lloyd’s is to fund the building of a new primary school in Southern China.
Oval unveils restructure and forms new broking arm
Broking consolidator Oval today announced the restructuring of its London broking operation, and the formation of a new retail broking team.
Former Dual boss to head up new JLT underwriting arm
Jardine Lloyd Thompson Group today announces the establishment of Thistle Underwriters haded by former Dual boss James Gerry.