News
Cyclone Sidr kills thousands
Winds of 150mph have killed more than 3000 people and destroyed and damaged more than a million home...
Algerian oil giant forms captive
Algeria's state-run oil company Sonatrach is setting up a captive reinsurance company in Luxemburg. ...
Lockton in Aon and Willis swoop
Lockton has formed a new facultative reinsurance property team in London headed by David Cousar, who...
AIG gets nod for new UK insurance company
After the successful completion of a lengthy transfer process involving permission from the High Court and notification to millions of policy holders, it was announced today that a new name has been created in the general insurance industry.
Earthquake triggers Caribbean Cat fund
A 7.4 magnitude earthquake that rocked the Caribbean yesterday (29 November 2007) is expected to trigger a state-backed catastrophe fund for the first time.
Broker sets sights on £200m as it unveils two deals
CCV has announced two further acquisitions.
PWS boss hails potential of THB tie up
The boss of PWS has hailed a possible merger of his firm and THB as an "excellent strategtic move".
THB in talks to buy PWS
Specialist London market broker THB Group has revealed that negotiations have commenced with the board of PWS Holdings for the acquisition by THB of the Lloyd’s broking business of PWS International Ltd and the overseas interests of the PWS group.
Ping An takes 4.18% stake in Fortis
Chinese life insurer Ping An Life has become the single largest shareholder in European insurance giant Fortis after taking a 4.18% stake.
Scottish Government reaches decision on pleural plaques bill
The Scottish Government is to introduce a bill to reverse the House of Lords recent Judgment on pleural plaques.
Scottish Re gets new North America interim CEO
Troubled life reinsurer Scottish Re has named Chris Shanahan interim president and chief executive, North America, with effect December 3rd.
Scor securitses €160m with Atlas IV Cat bond
European reinsurer Scor has securitised €160m of European windstorm and Japanese earthquake risk through a Cat bond issuance.
Legal merger unveiled
Keelys Solicitors, which has its head office in Lichfield, has completed the acquisition of a second London practice, which will be merged with Keelys London office in London, E1.
Former Cunningham boss heads to GAB to run division
GAB Robins has announced the appointment of Nigel Barham as the new head of its subsidence and building services division in the UK.
Quinton resurfaces at Zurich
Zurich has appointed Mike Quinton as managing director of retail and partnerships.
New £75m Lloyd's syndicate launches for 2008
Barbican syndicate 1955, a new £75m stamp capacity Lloyd’s (re)insurer led by ex-QBE underwriter Mark Harrington, has launched operations today.
Insurer unveils new CEO
Fabrice Desnos has been appointed chief executive of Euler Hermes UK.
Allianz in £1.5m contract win
Allianz Engineering and Lockton have announced that following a successful tender process, Allianz Engineering is the sole provider to Lockton’s clients, for all of their computer insurance covers. Allianz will provide an insurance policy, which includes…
RBS raids Groupama for motor director
RBS Insurance has appointed of Andrew Goldby as director of motor underwriting. He joins the business on January 2nd and will report to technical services director, Chris McKee.
Lorega begins life at new address
Claims advocate Lorega has moved its offices to 36 Leadenhall Street to take advantage of the £200m Loss Recovery and claims advocacy services market.
Arista strengthens Redhill office
Commercial lines operation Arista has appointed Fiona O’Rourke as an underwriter in its Redhill office.
Holding the fort
IT recruitment
Pick of the Week
Post Magazine editor Jonathan Swift provides a run down of the major news in this week's issue of Pos...
Appointment at Iprism
Iprism has made four senior appointments. John Lawton will head an underwriting team. He joins from ...