News
Hannover posts profit despite 123.8% non-life COR
Hannover Re has reported an operating profit of Euro 46.1m (Q1 2010 Euro 238.8m) for the first three months of 2011.
Indonesia signs tax agreement with Guernsey
Guernsey has signed a bilateral Tax Information Exchange Agreement with Indonesia.
QBE appoints German country manager
Markus Posberg has today been appointed country manager for QBE's German branch.
Generali shareholders approve 2010 statements and €0.45 dividend
The shareholders of Assicurazioni Generali SpA have approved the 2010 financial statements and the distribution to shareholders of a per-share dividend of €0.45 (+28.6% relative to 2009).
KPMG warns over "hindsight" penalties in the wake of Solvency II delay fears
Omnibus 2 is a significant milestone for Solvency II and delays to its finalisation are having an unwanted impact on the Solvency II timeline, increasing fears that neither insurers nor regulators may be fully prepared for implementation on 1 January…
Hannover posts profit despite 123.8% non-life COR
Hannover Re has reported an operating profit of Euro 46.1m (Q1 2010 Euro 238.8m) for the first three months of 2011.
Indonesia signs tax agreement with Guernsey
Guernsey has signed a bilateral Tax Information Exchange Agreement with Indonesia.
QBE appoints German country manager
Markus Posberg has today been appointed country manager for QBE's German branch.
Hastings appoints CFO ahead of “possible” 2012 listing
Hastings Direct has named former Helphire Group CEO Mark Adams as its chief financial officer as it prepares to list on the stock exchange next year.
Ian Maguire promoted to active underwriter of Argenta Syndicate 2121
Argenta Syndicate Management Limited, a subsidiary of Argenta Holdings, has appointed Ian Maguire, currently direct property underwriter, as active underwriter of Syndicate 2121.
Brit appoints professional risks head
Brit Insurance has appointed Daniel Mitchell as UK Portfolio Manager, Professional Risks.
Mapfre buys Munich Re Middlesea stake
Spanish insurer Mapfre has purchased Munich Re’s 19.9% shareholding in Maltese firm Middlesea Insurance.
Central seals £2.6m acquisition of Aberdeen broker
Central Insurance has acquired Aberdeen-based broker Collins Halden & Burnett in a £2.6m deal.
Mapfre buys Munich Re Middlesea stake
Spanish insurer Mapfre has purchased Munich Re’s 19.9% shareholding in Maltese firm Middlesea Insurance.
Eight convicted after car insurance fraud scam uncovered
A total of five men and three women, from across the UK, have been convicted at Leicester Crown Court for their part in a car insurance fraud scam worth tens of thousands of pounds.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Allianz “confident” of Bent appeal victory
Allianz is upbeat on its chances of success in the ongoing credit hire legal battle involving Aston Villa footballer Darren Bent.
Exclusive credit insurance and environmental content now available on Post Europe
Post Europe’s weekly update is now live with an article on how the financial crisis is affecting the credit insurance market and a View from The Top on how environmental insurance is helping sustainability.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Allianz wins dental deal with Farleys
Allianz Commercial has secured a multi-year partnership with Farleys Insurance Brokers.
Exclusive credit insurance and environmental content now available
Insurance Insight’s weekly update is now live with an article on how the financial crisis is affecting the credit insurance market and a View from The Top on how environmental insurance is helping sustainability.
JLT "positive" on start to 2011 after Asian account wins
The year to 27 April has started "positively", JLT reported today, with increased contributions from its businesses in the faster growing economies and, in particular, a number of notable new accounts won in Asia.
Aspen records $151.7m loss in Q1 as profits hit by cat losses
Aspen has recorded a net loss of $151.7 million, including losses of $255.9 million, net of reinsurance recoveries, reinstatement premiums and taxes, resulting from the natural catastrophe events that occurred in the first quarter of 2011, down from net…
Quinn records €706m loss
The administrators of Quinn Insurance have announced the company lost €706m in 2009, the year before the administrators were appointed.