News
'Lucky' Buffett posts bumper third-quarter profits
The sparse North Atlantic hurricane season has meant Berkshire Hathaway's reinsurance businesses mad...
Hannover Re receives China licence
Hannover Re has received a licence from the China Insurance Regulatory Commission (CIRC) to transact...
Guy Carpenter claims catastrophe CDO first for Catlin
Reinsurance broker Guy Carpenter and fellow group company MMC Securities have placed a $200m collate...
Max Re CEO quits as old finite wounds reopened
Bermudian reinsurer Max Re's founder, chief executive and chairman Bob Cooney has resigned as the co...
Brit renews satellite contract
Brit Insurance has announced the renewal of an exclusive contract with Telesat Canada to supply the group with technical advice and support for its space underwriting activities.
Insurers must improve risk management frameworks: FSA
The insurance industry’s management of risk has progressed substantially over recent years, but firms still need to further improve the effectiveness of their risk management frameworks.
Wholesale practitioners generally content with FSA performance but retail firms see little sign of improvement
Financial services firms' satisfaction with the work of the Financial Services Authority (FSA) has shown little sign of overall improvement over the past two years, according to the fourth biennial survey of the regulator's performance by the Financial…
Hiscox survey highlights SME concerns
Fast rising costs for energy and rent followed closely by business taxation are the top two business concerns among UK SMEs, according to a survey commissioned by Hiscox, one of the UK’s leading specialist insurers.
Colraine to leave Willis as Millwater becomes COO
Willis group has announced a string of management changes.
Chaucer launches £75m Cat syndicate
Chaucer and ICAT Holdings launched a new Lloyd's syndicate 4242 with an underwriting capacity of US$148 million for 2007.
Towergate buys schemes specialist
Towergate Partnership has acquired RBPM General, a firm of brokers specialising in scheme and specialist insurance arrangements.
Miller review sees business sold to Giles
Following a strategic review of its UK retail business, Miller Insurance Services has decided to focus upon providing a range of specialist services to large and complex risk managed corporate entities based in the UK and Europe. As a result its retail…
Winners and Losers
Post's monthly round-up of job cuts and gains
Majority of brokers fail to check job references
Brokers are failing to accurately check references provided by job applicants, according to a survey...
Bupa pushes for flu jabs
Private medical insurer Bupa has highlighted the lost productivity risk from flu, urging employers t...
Abbey sales rep scoops award for top service
Richard Clarke, of the home insurance sales team at Abbey National's telephone distribution site in ...
Pick of the Week
Anthony Gould, editor in chief, Post Magazine runs through this week’s major news including the hike ...
Underwriter in UK rugby bid
Unum Provident is preparing to underwrite a specialist insurance product for professional rugby play...
Appointment at Open GI
Open GI has made Sam Cutler a corporate account manager, responsible for the company's large broker ...
AA Insurance replaces rival
AA Insurance has this week replaced its main rival as the distributor of motor warranty and gap insu...
Towergate raises £250m
Towergate has raised a £250m war chest through a refinancing deal led by Loyds TSB and Halifax Bank ...
Rehabilitation disputes pilot to go ahead
A new scheme for resolving rehabilitation disputes is set to be piloted by the Bodily Injury Claims ...
Esure to end Indian ties
Esure is set to close its Indian offshore call centres by February 2007, with plans to recruit 150 e...
IFB assists in fraud arrests
A total of eight arrests have been made in the latest operation by the Insurance Fraud Bureau, carri...