News
Alien reinsurers increase share of US market to 53%
The Reinsurance Association of America (RAA) has reported that in 2006 offshore companies’ share of US unaffiliated reinsurance premium increased to 53.1% in 2006 from 51.8% in 2005, albeit on ceded premium volume that declined 11.9% to $54.7bn.
Amlin opens up shop in Singapore
International specialist (re)insurer Amlin will open an office in Singapore after it was granted approval from the Monetary Authority of Singapore, it announced today.
Auditor takes the stand
Andrew John Sayers, partner at audit firm KPMG, took the stand today as the prosecution’s latest witness, writes Olivier C Laurent .
Chairman sought to hold back 2001 dividend
Former Independent Insurance executive chairman, Garth Ramsay, continued his testimony today after being questioned yesterday by the prosecution and the defence for Michael Bright and Philip Condon, writes Olivier C Laurent .
Brazil air crash unlikely to impact market
Insurers are counting the cost of an air disaster in Brazil in which a plane expoded after smashing into a cargo building, killing more than 200 people.
UK Broker Awards 2007 shortlist announced
Insurance Age is pleased to announce that the following companies and individuals have been shortlisted for the UK Broker Awards 2007, which will take place at The Brewery, Chiswell Street, London on Friday 14 September...
Scottish Re hires new CEO
Scottish Re Group has announced the appointment of George Zippel as president and global chief executive, effective August 10th. He will be joining the company immediately, serving in a transition role and will be based at the company's Bermuda…
Hiscox expands kidnap and ransom division
Hiscox has acquired a portfolio of kidnap and ransom business from global broker Aon, it announced today.
Appointment at MMA
Intermediary-only insurer MMA Insurance has appointed Jason Beach as its new Key Account Manager. He will be responsible for supporting a number of MMA’s key strategic intermediary partners. Jason will also work with MMA’s potential new partners to build…
Minister warns flood victims against third party recoveries
Floods Recovery Minister John Healey today urged people in flood-hit communities to seek free and impartial insurance advice before signing up with third parties who offer to help settle insurance claims.
Talent search pushes up graduate applicants
A leading boss in human resources for the insurance industry has hailed the sector's recent recruiti...
Mondial makes training pledge
Mondial UK has created a new role, appointing Susan Lennard as head of training and business develop...
City of Glasgow is a target for expansion
Glasgow's International Financial Services District expects the city to be short-listed by more fore...
IFS slams curriculum
Educational charity IFS School of Finance has criticised the government's announcement of new nation...
Survey shows work is bad for your health
Company bosses should consider offering staff discounted membership for gyms, according to a survey ...
Pick of the Week
Anthony Gould, editor in chief, provides a run down of the major news in this week’s issue of Post Ma...
What the papers said this week
NME.com A new study has warned that most insurance policies fail to offer any cover for loss of d...
Appointment at DAS
Following a reorganisation of sales operations at DAS, Andy Westall has been named as head of corpor...
Apil rejects £25k fast track limit proposals
The claimant legal sector this week threw its hat into the ring over personal injury reform, with PI...
Rias signs up to the movies
Rias has signed a new partnership with Odeon Cinemas with the company sponsoring the Odeon Senior Sc...
Sants new FSA chief exec
Hector Sants has been appointed chief executive of the Financial Services Authority. He will take up...
Insurers rocked by flood theft
Insurers and repairers moved quickly to minimise reputational damage this week after three repairers...
Bond heads inception team
Insurance law firm Fletchers Solicitors has appointed Tracy Bond to head a newly created inception t...
Appointment at Plexus Law
Plexus Law has announced two new appointments within its professional indemnity and commercial risk ...