News
Brit appoints professional risks head
Brit Insurance has appointed Daniel Mitchell as UK Portfolio Manager, Professional Risks.
Mapfre buys Munich Re Middlesea stake
Spanish insurer Mapfre has purchased Munich Re’s 19.9% shareholding in Maltese firm Middlesea Insurance.
Central seals £2.6m acquisition of Aberdeen broker
Central Insurance has acquired Aberdeen-based broker Collins Halden & Burnett in a £2.6m deal.
Mapfre buys Munich Re Middlesea stake
Spanish insurer Mapfre has purchased Munich Re’s 19.9% shareholding in Maltese firm Middlesea Insurance.
Eight convicted after car insurance fraud scam uncovered
A total of five men and three women, from across the UK, have been convicted at Leicester Crown Court for their part in a car insurance fraud scam worth tens of thousands of pounds.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Allianz “confident” of Bent appeal victory
Allianz is upbeat on its chances of success in the ongoing credit hire legal battle involving Aston Villa footballer Darren Bent.
Exclusive credit insurance and environmental content now available on Post Europe
Post Europe’s weekly update is now live with an article on how the financial crisis is affecting the credit insurance market and a View from The Top on how environmental insurance is helping sustainability.
Post Blog: Quinn, Towergate, an acorn of a deal and the Sex Pistols. The week in insurance
With many in the insurance market taking advantage of the double bank holiday whammy you would think that this week would be a good time to bury bad news.
Allianz wins dental deal with Farleys
Allianz Commercial has secured a multi-year partnership with Farleys Insurance Brokers.
Exclusive credit insurance and environmental content now available
Insurance Insight’s weekly update is now live with an article on how the financial crisis is affecting the credit insurance market and a View from The Top on how environmental insurance is helping sustainability.
JLT "positive" on start to 2011 after Asian account wins
The year to 27 April has started "positively", JLT reported today, with increased contributions from its businesses in the faster growing economies and, in particular, a number of notable new accounts won in Asia.
Aspen records $151.7m loss in Q1 as profits hit by cat losses
Aspen has recorded a net loss of $151.7 million, including losses of $255.9 million, net of reinsurance recoveries, reinstatement premiums and taxes, resulting from the natural catastrophe events that occurred in the first quarter of 2011, down from net…
Quinn records €706m loss
The administrators of Quinn Insurance have announced the company lost €706m in 2009, the year before the administrators were appointed.
Quinn sale to Liberty signed
The joint administrators of Quinn Insurance, Michael McAteer and Paul McCann of Grant Thornton, have announced the acquisition by Liberty Mutual, a joint venture between Liberty Mutual and JVNewco, of QIL.
JLT "positive" on start to 2011 after Asian account wins
The year to 27 April has started "positively", JLT reported today, with increased contributions from its businesses in the faster growing economies and, in particular, a number of notable new accounts won in Asia.
Quinn sale to Liberty signed
The joint administrators of Quinn Insurance, Michael McAteer and Paul McCann of Grant Thornton, have announced the acquisition by Liberty Mutual, a joint venture between Liberty Mutual and JVNewco, of QIL.
HCC names president
HCC Insurance Holdings’ board of directors has appointed Christopher Williams to serve as president effective from 1 May.
Towergate group reports Ebitda growth of £21m
Towergate Insurance Group has said it is "highly satisfied" with its performance in 2010, with Ebitda growth of 18% reported.
RSA acquires Oak Underwriting
RSA has strengthened its position in the high net worth arena with the acquisition of Oak Underwriting.
Mapfre wins Ancile deal
Mapfre Assistance is to provide underwriting and emergency assistance services to Ancile Insurance Group in a new multi-million pound deal.
European M&A value up 62%, analyst reveals
The value of deals targeting Western European countries has risen by 62 per cent in the last 12 months, according to Zephyr, the M&A database.
Randall & Quilter reports profits boost
Insurance investment firm Randall & Quilter has reported pre-tax profits of £7.5m - a sizeable increase on the £260 000 sum recorded for 2009.
Q1 nat cats not market-turning
Total industry insured large losses since the third quarter of 2010 of $32bn will not be enough to turn the reinsurance market, an analyst has warned.