News
Broker majority stake
Listed broking group Culver has announced the acquisitions of 81% of the issued share capital of avi...
Support growing for non-GTA credit hire deals
Sabre Insurance has admitted it will opt out of the industry-wide credit hire general terms of agree...
Quantum changes hands
The directors of Warwick-based Quantum Underwriting Solutions have acquired the business from chairm...
Costs mount in Camden
Zurich has been named as the insurer of the renowned Hawley Arms pub near Camden market, which was d...
Renewal details system
Towergate group subsidiary Paymentshield is piloting a programme that could provide intermediaries a...
Appointment at Groupama
Laurent Matras is to become Groupama Insurances' new managing director. Mr Matras will join Groupama...
Sarah Forsyth outlines how the floods were handled
Sarah Forsyth, an associate of the retail firms division of the Financial Services Authority, outlin...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
US broker in London move
US broking giant Brown and Brown has confirmed plans to enter the UK market through its new start-up...
Appointment at Affiliated FM
Affiliated FM has made three new appointments in its Manchester office. Chris Leglu and Lesley Roper...
BMS vice-president leaves
The man who helped oversee the launch of disaster recovery giant BMS CAT in the UK has left the comp...
Appointment at Duck Creek
Duck Creek Technologies Europe has enlisted three new senior executives: Tony O'Halloran, Martin Hou...
Enstar closes in on RSA legacy unit deal
JC Flowers-backed Enstar Group is understood to be close to acquiring two of Royal and Sun Alliance'...
Max Re reports near-$100m rise in FY net income
Max Re, the Bermuda and Dublin-based reinsurer, reported full year net income of $303.2m, up from $216.9m in 2006.
MDU brings in Hannover Re for 25% share
UK medical defence organisation the Medical Defence Union (MDU) has confirmed that it will be sharing the insurance policy it markets to its members between two providers from April. The cover was previously written 100% by Swiss reinsurer Converium’s UK…
US mortgage insurer reveals huge Q4 loss
The largest US mortgage insurer MGIC has reported a loss of $1.47bn or £750m for the fourth quarter of 2007 compared to a profit of $121.5m in Q4 2006.
Lloyd's applies for Brazilian licence
Lloyd’s of London said today it is in the process of making a formal application to be an admitted reinsurer in Brazil.
Post pick of the week
Post Editor Jonathan Swift provides a run down of the major news in this week's issue of Post Magazine including: Fears the government has done a u-turn over flood defence spending; a new matchmaking offering for brokers looking to buy or sell; the…
PwC: Euro run off market market falls slightly, but becoming a major boardroom issue
The year 2008 is already shaping up to be a year of change in the European discontinued insurance markets, according to a new survey issued today by Pricewaterhouse Coopers. Nearly two thirds of the businesses (63%) surveyed for the report stated that…
Smart and Cook opens Dundee office
Commercial broker Smart and Cook has opened its third Scottish office in Dundee.
Towers Perrin expands reinsurance team
Towers Perrin has boosted its London-based reinsurance broker team with two senior hires through the appointment of Paul McCarter as managing director of claims, and Liz Lotz as a catastrophe management consultant.
Government and ABI confirm floods position
Ministers from three government departments, chaired by floods recovery minister John Healey, met the Association of British Insurers again yesterday at the Treasury to take stock of continuing repair efforts after last summer's flooding.
Axa buys ING Seguros for $1.5bn
AXA announced it has bought ING's Mexican insurance subsidiary ING Seguros, for $1.5 bn.
Ecclesiastical names new board member
Sir Philip Mawer has rejoined the board of Ecclesiastical Insurance as a non-executive director with effect from 4 February 2008. He previously served from 1996-2002.