News
Marsh sets up forensic accounting and claims practice
Marsh has established a forensic accounting and claims services (FACS) practice for the Middle East ...
RPC signs up reinsurance clients for contracts service
City law firm Reynolds Porter Chamberlain has signed up Glacier Re and Hiscox for its new ReWord int...
PWS four bailed again
Four executives of Lloyd's broker PWS who were arrested back in January 2007 have had their bail ext...
UK Insurers could save £1.4bn from plaques decision
Deloitte has estimated that the October ruling by the House of Lords on the asbestos-related conditi...
Typhoon Krosa losses swell to $600m says AIR
Typhoon Krosa caused up to $600m insured losses when it struck Taiwan and China in early October, ac...
Florida Cat Fund Reform - RAA backs Florida Cat Fund proposal
The Reinsurance Association of America (RAA) has backed a proposal by a senior government officer in...
Florida officials announce $4.5m insurance settlement
Insurance giant ACE has agreed to pay a $4.5m settlement to a US multi-state task force to resolve a...
London Market Reform Group appoints new head
Stephen Matanle, global placement leader at Marsh and chairman of the London Market Insurance Broker...
XL begins new CEO hunt
Brian M O'Hara, president and chief executive of XL, is to retire as president and chief executive i...
UK intellectual property insurance push
UK broking group Somerville Holdings has appointed of Sarah McCooey, former managing director of Llo...
1987 storm repeat would cost £7bn
The windstorm that hit southern England and northern France in October 1987 would cost insurers up t...
Independent Trial - Indie directors found guilty
Three former senior directors of Independent Insurance have been sent to prison after being found gu...
Guy Carp suit with defectors settled
Reinsurance broker Guy Carpenter has confirmed it has settled UK litigation pending against three fo...
Hiscox launches three-in-one terror cover
Hiscox has launched a three-in-one insurance policy to protect companies against the individual or c...
Flagstone wins Dubai approval
Dubai's financial services authority has granted Flagstone Re approval for its new subsidiary to ope...
Russian insurance market set to double by 2010 says Lloyd's report
The Russian insurance market is set to double in value to $41bn, between 2006 and 2010, according to...
$260m Japan quake risk shifts to capital markets
A $260m catastrophe bond, offering protection against a major earthquake in Tokyo, has been placed b...
Integro boosts London operation with Willis swoop
Integro has appointed Guy Bessis as managing principal of its newly established international (re)in...
Aspen in $50m accelerated share buyback
Bermudian (re)insurer Aspen has entered an accelerated programme to buy back and cancel a further $5...
Talbot launches Asia platform
Specialty insurance group Talbot Underwriting has today announced the establishment of its first Asian-based venture.
Post pick of the week
Jonathan Swift, editor, Post Magazine, provides a run down of the major news from the general insurance sector this week, as reported in tomorrow’s issue of Post including: affinity players and aggregators face huge tax bills after ruling; Indie trial…
Lawyers move into cyberspace
Simpson Millar LLP has become one of the first law firms in the UK to launch a new "virtual office" in Second Life - an online, sophisticated 3D virtual world.
China Re prepares for IPO
China is expected to make an initial public offering (IPO) in the beginning of 2008, following a reconstruction that has made it the largest reinsurer in Asia.
Broker EPG given Lloyd's nod
EPG Insurance Services, a UK and international specialist provider of auto and machinery products insurance, has been granted Lloyd's broker status.