News
Oval appointed to global broker network
Broker appointed to Wells Fargo Global Broker Network
RSA hit with £30m earthquake loss
RSA expects a financial impact of £30m, net of reinsurance, for claims arising from the earthquake in Chile.
Miller continues treaty expansion with Aon Benfield appointment
Miller has appointed of Jeremy Mander to its treaty reinsurance accident and health team.
Arag bolsters ranks with two new hires
Legal insurance company Arag UK has appointed Carrie-Anne Woods as senior claims handler and Paul Mather as underwriter from Das and RSA respectively.
Russia to support Iran sanctions
Russian president Dmitry Medvedev has said that he still hopes to avoid new punitive measures, but added Russia could not wait forever for cooperation by Tehran.
MASS Chairman welcomes delays to RTA process
The Motor Accident Solicitors Society has welcomed the Ministry of Justice’s decision to delay the implementation of the new RTA process to 30 April from 6 April.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
Chile earthquake may cost insurers up to $8bn, says Eqecat
The massive earthquake that hit Chile may cost insurers up to $8bn, Eqecat has said in a note to clients.
Admiral's international arm contributes £47m as profit jumps 7%
It added its customer numbers were up 19% to 2.08 million (2008: 1.75m), profit from UK car insurance was up 15% to £207m (2008: £180m).
Admiral's international arm contributes £47m as profit jumps 7%
It added its customer numbers were up 19% to 2.08 million (2008: 1.75m), profit from UK car insurance was up 15% to £207m (2008: £180m).
JLT restructures UK business to capitalise on new MGA unit
News comes as broker reported a 14% rise in fees and commissions to £612.9m (2008: £536.1m) and a 28% jump in underlying profit excluding exceptional items to £97.1m (2008: £76.2m).
JLT restructures UK business to capitalise on new MGA unit
News comes as broker reported a 14% rise in fees and commissions to £612.9m (2008: £536.1m) and a 28% jump in underlying profit excluding exceptional items to £97.1m (2008: £76.2m).
Insured losses from Chile earthquake likely to exceed $2bn
‘Economic losses’ may exceed $15bn, according to AIR Worldwide
NEDs receive 2009 pay boost
Non-executive directors at FTSE 100 companies received an average pay increase of more than 5% last year, new research has revealed.
Post in print - 25 March issue
Dan Dunkley outlines the major news headlines from this week's issue of Post, including CGS founders considering start-up, MMA to open three new branches, Medicals Direct targeting £40m turnover, Oval's purchase of JL Fisher and Junction seeking new…
Sterling nabs Hiscox high net worth underwriter
Sterling Insurance has appointed Jane Flaherty as a senior high net worth underwriter based in the Midlands.
Buffett to pay out $30m if France wins football world cup
Warren Buffett has said Berkshire Hathaway sold insurance that will require his company to pay out if France wins the World Cup this year.
Go Compare sees upsurge in quotes
Comparison site attributes marketing campaign to 20% increase in customer numbers.
Post in print - 18 March issue
Amy Ellis outlines the major news headlines from this week's issue of Post, including Towergate Lloyd's decision, Giles restructure, Hong Kong beats London and dog insurance muddle.
IRB earnings up 2.67%
Brazilian reinsurer increases earnings in 2009 despite drops in premiums, market share and its investment income.
40 killed in Europe windstorm
Northern and western France and parts of Germany have been battered by a severe windstorm in the last 48 hours that has caused at least 40 deaths.
40 killed in Europe windstorm
Northern and western France and parts of Germany have been battered by a severe windstorm in the last 48 hours that has caused at least 40 deaths.
Towergate opens North East underwriting office
Towergate Underwriting has opened its new office in Newcastle to serve brokers based in the North East and Cumbria.