News
Markel swoops for Hiscox US equine and livestock business
Markel is to acquire certain rights to the Hiscox Insurance Company animal mortality business which provides both equine and livestock coverage.
Go Compare targets home insurance
Comparison site Go Compare is to target the home insurance market with a new TV advert featuring the opera singing character, Gio Compario.
Board of Quinn Group said ban on UK commercial lines “should be reconsidered”
The Board of Quinn Group said it is very disappointed by the decision of the Central Bank and Financial Regulator not to allow the company to recommence writing commercial lines business in the UK and Northern Ireland.
Lloyd’s moves underwriting room to Dublin for industry event
Lloyd’s recreated its underwriting room in the Dublin Convention Centre for ‘Meet the Market’ day, the first event of its kind in Ireland.
Lloyd’s moves underwriting room to Dublin for industry event
Lloyd’s recreated its underwriting room in the Dublin Convention Centre for ‘Meet the Market’ day, the first event of its kind in Ireland.
Lloyds tops FOS complaints table
Lloyds TSB Bank has received the most general insurance complaints of any company during the first half of 2010.
DAS shuffles corporate partnerships team
Legal expenses insurer DAS has made two changes within its Corporate Partnerships Division.
Bermudan delegation to discuss ILS issues in New York
As a result of an upsurge in interest in the creation and listing of Insurance Linked Securities, a delegation from Bermuda is set to meet key industry figures in New York.
Thistle appoints liability director
Underwriting Practice Jardine Lloyd Thompson-owned Thistle Insurance Services has appointed Zahid Naqvi, a senior market practitioner, as director of its professional liability practice.
AM Best affirms ratings of Omega
Omega has announced that AM Best has removed from under review with negative implications and affirmed the ICR of “bbb” of Omega and the FSR of A-(Excellent) and ICR of “a-“ of Omega Specialty Insurance Company Limited.
S&P: Congregational & General outlook “positive”
Standard & Poor’s has confirmed the upgrade of Congregational & General Insurance to 'positive' from 'stable'
Easyjet passengers set to have insurance cover
Easyjet has become the first low cost carrier to protect passengers under the Package Travel Regulations by way of insurance.
Reinsurers challenged over use of excess capital
In an exclusive interview with Reinsurance, Chris Klein global head of business intelligence at Guy Carpenter has challenged reinsurers to think creatively about how to use their excess capital.
Aviva changes not-for-profit range
Aviva has launched its modified charity package for the not-for-profit sector.
Second graduate intake starts at Cunningham Lindsey
Cunningham Lindsey has picked five new trainees out of more than 500 applicants for the second year of its graduate recruitment programme.
S&P: Capital balance must be struck
Mark Coleman, analyst at Standard & Poor's, has told Reinsurance that while the ratings agency encourages strong capital reserves, there is a balance that must be struck.
Aon Benfield predicts key considerations for (re)insurers in 2010/11
Inflation and pricing are key considerations for (re)insurers in 2010/11, according to Aon Benfield, which released its 2010 Insurance Risk Study, quantifying systemic risk across the global insurance industry.
PWC: Expect more solvent schemes
At the Monte Carlo rendez-vous, Pricewaterhouse Coopers told delegates it expects the number of insurers and reinsurers entering solvent schemes to grow.
Quinn: sale "not impacted" by UK decision
Quinn has responded to the Central Bank and Financial Regulator’s decision today not to allow its insurance business to re-enter the UK commercial lines market.
Markel extols value of ECF
A pilot project led by Markel International has found the time taken for lawyers to recover fees from insurers can be "slashed" using the Electronic Claims File system.
Reinsurance capital set to become more accretive than ever at January 2011 renewals
Aon Benfield has released its 2011 Reinsurance Market Outlook report, which reveals that, despite regionally significant catastrophe events thus far in 2010, the supply of reinsurance capital continues to grow at a faster rate than insurers’ demand for…
Mutual warns of rise in sheep rustling
Cornish Mutual has warned the high price of lamb could lead to a marked increase in claims for sheep rustling.
Report finds "convergence" between Lloyd's and Bermuda markets
Lloyd’s and Bermuda represent distinct and different approaches to underwriting, but that their work practices and risk evaluation methods are showing signs of convergence.
Randall & Quilter buy from Guy Carpenter
The Board of Randall & Quilter has announced that, subject to regulatory approval, the group has agreed to acquire the Reinsurance Solutions Limited businesses’ from Guy Carpenter and Marsh for $10m in cash.