News
GAB Robins strengthens counter fraud team
GAB Robins has added to its counter fraud and investigation service with the appointment of Peter Graham.
Stackhouse Poland acquires Sutton Meears
Stackhouse Poland has celebrated the tenth anniversary of its management buy-in with the acquisition of Croydon-based broker Sutton Meears.
2 December: Cut and shut
Dealing with stolen motor vehicles is nothing new for insurers, so when Mr Policyholder phoned to report the theft of his classic motor vehicle, his insurer began the usual process.
LV launches new travel insurance product
LV has created a new premium travel insurance policy designed for the modern holidaymaker and covering travellers for a range of scenarios that are excluded from many travel insurance policies on the market.
Emerging markets look set to grow in 2012
Despite growth slowing in 2011 emerging markets will remain “reliable growth engines” in the global insurance markets in 2012, according to reinsurer Swiss Re.
Haircut on bonds could be absorbed by European insurers
A 50% haircut on Greek, Irish and Portuguese sovereign bonds could be absorbed into European insurers’ existing capital resources, according to Swiss Re’s senior economist.
SRA announces January start date for ABS
The Solicitors Regulation Authority will start accepting licensing applications for alternative business structures from 3 January 2012.
Thai floods lead Singapore Lloyd's Syndicate to close to new business
Singapore-based Lloyd’s Syndicate 1965 will no longer be accepting new business following the Thai floods.
Argo looks to Novae for liability head
Argo International has appointed Rupert Taylor as head of International general liability.
Vienna Group appoints head of marketing
The Vienna Insurance Group has appointed Bernhard Fauster head of group marketing with effect from 1 December 2011.
XL names new head of insurance
Greg Hendrick will become chief executive of XL Group’s insurance segment upon the retirement of current insurance head Dave Duclos.
Swiss Re warns of low profits for 2012
Swiss Re’s economists say the insurance industry will not pick up until after 2012.
Pro Sight takes over TSM at Lloyd’s
Pro Sight Specialty Insurance has acquired Lloyd's coverholder TSM Agencies and 100% of the capacity rights to Lloyd's syndicate 1110.
Duo found guilty of £40 000 claims scam
Two friends who claimed against Zurich and Allianz policyholders in ‘slip and trip’ and ‘cash for crash’ scams have each been handed two-year suspended sentences.
Coates named as Dual International CEO
Damien Coates has been appointed chief executive of Hyperion Insurance Group firm Dual International.
Howden eyes Asia with Dallamore hire
Hyperion-owned Howden has signed up Brian Dallamore as an advisor and consultant in Asia, and as a non-executive director of the board that oversees the broker’s retail operations in South East Asia.
Simmons & Simmons expands insurance team
Law firm Simmons & Simmons has added insurance partner Pollyanna Deane to its corporate and commercial group in London.
Argo hires Taylor for international role
Lloyd’s insurer Argo International has hired Rupert Taylor from Novae to head its international general liability division.
Dual strikes Aspen and Pembroke capacity deals
Specialist underwriting agency Dual Corporate Risks has entered into a strategic partnership with Aspen Managing Agency (Syndicate 4711) and Pembroke Managing Agency (Syndicate 4000) to provide additional capacity for directors' & officers' liability.
The Post claims advent calendar – 1 December
To celebrate the countdown to the festive period, we have 24 of the most outrageous, unusual and downright embarrassing claims of the year.
Former Citibank broking boss joins Howden Asian board
Howden Broking Group, the broking arm of Hyperion Insurance Group, has recruited Brian Dallamore as an advisor and consultant in Asia.
Keychoice teams up with Lorega
Loss recovery managing general agent Lorega has linked up with Keychoice to provide commercial loss recovery insurance and services for its 800 plus broker members.
Dual extends D&O through Lloyd’s
Specialist underwriting agency DUAL Corporate Risks has entered into a strategic partnership with Aspen Managing Agency (Syndicate 4711) and Pembroke Managing Agency (Syndicate 4000) to provide additional capacity for directors' & officers' liability.
Buyers queue up for Thai flood-hit Hardy
Hardy Underwriting has said it has had several preliminary expressions of interest in its business after putting itself up for sale following catastrophe losses from the Thai floods.