News
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
Allianz: motor clients were assaulted during riots
Allianz motor insurance clients were car-jacked, threatened at knife point and, in some cases, assaulted when their vehicles were targeted by rioters last month.
Brokers witness unprecedented surge in riot-related demands for cover
Property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester following the riots, according to brokers based in some of the UK’s worst hit communities.
News analysis: Personal injury lawyers on the defensive over litigation claims
Allegations of inflated legal claims cost submissions have found backing from insurers
Online this week - Top Ten Post Stories - 8 September 2011
The top ten stories from www.postonline.co.uk
Quinn granted takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Quinn gains takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Alex Forbes acquisition builds Marsh platform in Africa
Broker Marsh has reached an agreement to acquire the brokerage business of Alexander Forbes in Africa, subject to regulatory approval.
Maritime insurer Skuld reports record 9th year of underwriting surplus
Norwegian maritime insurer Skuld has reported underwriting surplus of $13m for the first six months of 2011.
SRA responds to ABS delay
The chair of the Solicitors Regulation Authority, has responded to comments relating to the delay in the SRA becoming an approved regulator of Alternative Business Structures.
Global terrorism threat more diverse but no less severe
The Global terrorism threat in the last decade has become more diverse, and more dispersed, but no less deadly according to RMS.
Strong European performance helps Coface H1 results
Credit insurer Coface group has reported robust results for the first half of 2011, which the firm said confirms its financial recovery, and vindicates the decision to refocus its credit insurance in March this year.
Argo International appoints Novae's Matson director of underwriting
Specialty insurer Argo International has appointed Novae's Peter Matson as its new director of underwriting.
Brokers witness unprecedented surge in riot-related enquiries - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include the news that property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester.
Corclaim ULR signs Merrell to expand
Claimant motor specialist Mark Merrell has joined Midlands law firm Harvey Ingram’s uninsured loss recovery Corclaim brand as a director.
Ex Mitsui underwriter joins HSB
Former chief underwriter of Mitsui Sumitomo Insurance UK Andy Kane (pictured) has been snapped up by HSB Engineering Insurance.
Towergate wins Confused contract
Towergate Insurance will become the sole provider of business insurance for price comparison site Confused.
CBG Group lands surety bond deal
Insurance broker CBG Group has signed a deal to provide a £700 000 performance bond for the Smith Group UK as part of a multi-million pound construction project.
Coface sees post-recession rise
Recession-hit credit insurer Coface has said half year turnover rose 8% to €764m, compared to the 1st half of 2010 and its combined ratio improved by 12.5 points to 78.3.
Argo names Matson for underwriting
Speciality insurer Argo has said Novae’s former director of underwriting Peter Matson (pictured) will become director of underwriting for Argo International in London.
Marsh raises cash for Help for Heroes
Broker Marsh has said it staff chose to support Help for Heroes as its UK Charity of the Year for 2011-2012 and will raise £150,000 in the next 18 months.
AM Best A-rates Omega at Lloyd’s
AM Best has confirmed its A rating from Lloyd’s insurer Omega but warned the rating is under review with negative implications.
Axa and aggregators make online list
A list of influential online retailers, called 101 Directors Of .COM, has named half a dozen insurance site bosses among a list ranging from supermarkets to sex toy sellers.
Reinsurance market reassured by AM Best there is hope
AM Best said there are hopeful signs emerging for the global reinsurance industry after years of a soft market, weak investment returns, lukewarm investor interest and sluggish consolidation activity.