News
Aspen confirms Scotland boss
Aspen Risk Management has named Annie Watson as the general manager of its Glasgow office.
RIIG turns loss to profit in Q1
Resources In Insurance Group has reported a profit of £20 000 in the first quarter of the year after the conversion of £200 000 of loan notes left the group debt free.
Irish policyholders to be hit by levy of up to 2% to pay for Quinn bailout
Consumers will be hit with an insurance levy to make up for a €620m (£548m) shortfall from the collapse of Quinn Insurance, it has been claimed.
Scor claims number two spot in the US with Aegon deal
Scor has entered into a definitive agreement to acquire the mortality risk reinsurance business of Transamerica Re, a part of Aegon. The business to be acquired relates solely to biometric risks.
Chubb reports $270m cat hit in Q1 2011
Chubb has reported that the impact of catastrophes in the first quarter of 2011 was $270m (£164m) before tax. This figure includes the winter storms in the US, flooding in Australia, and earthquakes in New Zealand and Japan.
Travelers Q1 NWP down overseas as a result of Lloyd's action
US insurance giant Travelers has reported that its international arm saw a 20% decrease in net written premiums to $255m (£155m) in the first quarter of 2011 compared to the prior year quarter.
Irish policyholders to be hit by levy of up to 2% to pay for Quinn bailout
Consumers will be hit with an insurance levy to make up for a €620m (£548m) shortfall from the collapse of Quinn Insurance, it has been claimed.
Scor claims number two spot in the US with Aegon deal
Scor has entered into a definitive agreement to acquire the mortality risk reinsurance business of Transamerica Re, a part of Aegon. The business to be acquired relates solely to biometric risks.
185 jobs at risk as IAG UK wields axe
Post has learnt that Equity Red Star, the UK arm of Insurance Australia Group, is set to make a host of staff redundant as part of sweeping cuts across the business. A total of 185 jobs are at risk.
Mapfre appoints sales boss
Mapfre Assistance has named Steve Duxbury as head of sales for its travel and leisure team.
Mapfre appoints sales boss
Mapfre Assistance has named Steve Duxbury as head of sales for its travel and leisure team.
Exclusive Nordic and White Paper content now available on Post Europe
Post Europe’s weekly update is now live with an article on opportunities for European brokers in the Nordic region, and a View from The Top questioning if there is more to the insurance market than hard or soft, along with the launch of Post Europe's…
Post Europe: View from the Top - More to a market than hard or soft
While news of recent catastrophes makes sombre reading in the mainstream press, over the past few weeks the insurance media has covered the inevitable ‘market turning’ debate.
Post Europe: Nordic construction
The Nordic area has been resilient throughout the economic downturn and is now showing signs of grow in areas including construction. While projects are usually funded by Nordic capital Asa Berglund and David Braybrook reveal that the region is open to…
Exclusive Nordic and White Paper content now available on Insurance Insight
Insurance Insight’s weekly update is now live with an article on opportunities for European brokers in the Nordic region, and a View from The Top questioning if there is more to the insurance market than hard or soft, along with the launch of Post Europe…
Generali granted Vietnamese licence
Generali is to begin operating in Vietnam after the Vietnamese Ministry of Finance granted Generali Group managing director Sergio Balbinot a licence to run life insurance operations in Asia’s second fastest growing economy.
Generali granted Vietnamese licence
Generali is to begin operating in Vietnam after the Vietnamese Ministry of Finance granted Generali Group managing director Sergio Balbinot a licence to run life insurance operations in Asia’s second fastest growing economy.
Online insurance specialist announces MBO
The management team of the Ancile Insurance Group has agreed to purchase the entire share capital of the business from its shareholders.
Glaser to take on new role at Marsh & McLennan
Daniel Glaser has been appointed group president and chief operating officer of Marsh & McLennan Companies.
Part 2 - Countdown to Biba 2011: the changing regulatory landscape
With the British Insurance Brokers' Association conference now less than three weeks away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss some of the major issues which are likely to come to the…
Merlin moves to new NI office
Claims management company Merlin is set to move to new premises in Belfast, Northern Ireland.
Broker UIB reveals involvement in Space Shuttle insurance coverage
United Insurance Brokers and Space Partnership International have revealed that they have placed insurances for commercial payloads flying on the penultimate STS Shuttle mission (STS134), currently scheduled for the 29 April.
Aon names captive and insurance management CEO
Aon Risk Solutions has appointed Peter Mullen as chief executive officer of its global risk consulting’s captive and insurance management operations.
Beazley boss still expects mid 90s COR despite major losses
Lloyd's insurer Beazley this morning said premiums reduced by 3% to $426m (2010 $438m) in the first three months of 2011, with premium rates on renewal business decreasing by 1%.