News
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment
The “landmark” strategic partnership between Catlin and China Re is expected to be a catalyst for a boom in Lloyd’s investment from insurers in emerging economies.
Ten targets directly regulated brokers
Bosses from Ten Insurance have revealed proposals to begin forging relationships with directly regulated brokers, following a year in which record profits were recorded by the broking network.
Murphy assures staff THB takeover was not executed for efficiencies
THB chief executive Frank Murphy has promised employees at the Lloyd’s and London market broker there will be no similarities between his firm’s multi-million pound takeover by AmWINS and that of the Gallagher buyout of Heath Lambert.
UK General ready for Acturis-backed commercial push
UK General will set out to win back substantial broker business following the launch of the firm’s commercial offering, supported by Acturis and a new e-trader platform.
Insurers warned over consequences of hiring unregulated investigators
A senior private investigator has warned that insurers face ruined reputations when hiring unregulated private investigators in the wake of the News of the World phone hacking scandal.
News analysis - Smartphone apps: has the prime time arrived to invest in mobile?
The long-held hunch by savvy industry operators that the rapid emergence of smartphone technology presents a potentially lucrative revenue stream was this week underlined by Money Supermarket’s claim to have launched the UK’s first front-end motor…
Investing in the Profession: Marsh first Manx broker to gain certification
The Isle of Man arm of Marsh has become the first Manx broker to achieve chartered status.
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
View from the top: The challenge to keep it cold
Global warming presents unique challenges for the industry, says David Weymouth.
Law report: Tough stance taken on contempt of court
This law report has been contributed by national law firm Berrymans Lace Mawer.
Employment tribunal reforms likely to stir controversy
This law report has been contributed by national law firm Berrymans Lace Mawer.
Thatcham relaunches Automotive Academy
Thatcham has revamped its Automotive Academy with the launch of a new mobile training unit and an e-learning package.
Willis Networks awarded CII title
Willis Networks has been awarded the CII’s Chartered Insurance Brokers title.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Sovereign debt crisis is worsening, says HiFX foreign exchange dealer
Germany's failed bid to auction off $6bn of government debt has fuelled concerns that the sovereign debt crisis is worsening.
Oval declares 'business as usual' following Moyes departure
Oval executive director of operations Jeff Herdman has told Post it is “business as usual” following the resignation of former corporate business managing director Terry Moyes.
Dolmans makes partner appointment
Welsh law firm Dolmans has promoted Paul Veysey to the role of salaried partner.
China may be location of next big supply chain disaster, says AM Best
A webinar by ratings service firm AM Best is questioning whether China is the next supply chain disaster in the making, given the high level of supply chain exposure in the East Asian country.
Underwriter moves back home for Arista role
Commercial lines underwriter Arista Insurance has appointed Gary Davies as development underwriter for the West of England.
Aviva plays down speculation on Irish branch closure
Aviva bosses have attempted to pour cold water on widespread speculation that the insurer is to shut down its entire Irish network of 26 branches by next summer.
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how industry experts believe the landmark partnership between Catlin and China Re will be a catalyst for a boom in Lloyd’s investment from insurers in emerging…
Aviva to close all Irish branches by June 2012
Aviva Insurance plans to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs, according to reports in the Irish press.
AM Best assigns “A-“ ratings to Garant Versicherungs
Ratings service AM Best has assigned a financial strength rating of “A-“ (Excellent) and an issuer credit rating of “A-” to Garant Versicherungs-Aktiengesellschaft.
FSA appoints Montagu chairman of FOS
The Financial Services Authority has appointed Sir Nicholas Montagu KCB as the new chairman of the Financial Ombudsman Service.