News
Chartis sees COR improve to 99.3% in Q3 2010, as AIG records $2.4bn loss
Chartis’ third quarter 2010 operating income before net realised capital gains (losses) was $1.1 bn compared to $719 m in the third quarter of 2009.
Markel International combined ratio slips to 99% following H1 losses
Markel International has reported gross written premiums of $574.0 m for the nine months to 30 September 2010, compared to $510.0 m for the same period in 2009.
Lancashire reduces property and energy exposure in Q3 results
Lancashire Holdings has seen an increase in gross written premium for the nine months ended 30 September 2010 to $595.1 m (Q3: $524.4 m).
Qatar Insurance Services buys RI3K
London market technology provider RI3K has been bought by Qatar Insurance Services, parent of technology-based trade fulfilment system Qatarlyst.
Norwegian P&I Club gets Lloyd's green light for new syndicate
R&Q Managing Agency has announced that it has received approval from Lloyd’s to form a new syndicate on behalf of Assuranceforeningen Skuld, the Oslo headquartered P&I Club.
Norwegian P&I Club gets Lloyd's green light for new syndicate
R&Q Managing Agency has announced that it has received approval from Lloyd’s to form a new syndicate on behalf of Assuranceforeningen Skuld, the Oslo headquartered P&I Club.
Lloyd's: space weather could set society back 100 years
Lloyd's today warned the threat of 'space weather' from next year could set society back at least 100 years.
Lloyd's: space weather could set society back 100 years
Lloyd's today warned the threat of 'space weather' from next year could set society back at least 100 years.
FSA director Strachan to head up Deloitte regulatory arm
Deloitte has appointed David Strachan, currently director of financial stability at the Financial Services Authority, is to join the firm as co-head of the Deloitte Centre for regulatory strategy in April 2011.
Groupama calls on insurers to embrace Travel CUE
Groupama has urged fellow insurers to collaborate on the launch of a new initiative to combat travel insurance fraud.
Ace: businesses need to focus on US trade risks
Ace’s corporate liability team has urged UK businesses to carefully consider the risks and opportunities of trading in the US.
Cunningham Lindsey strengthens environmental team
Cunningham Lindsey has promoted liability specialist Graham Hawkins to lead its environmental solutions team.
Saga creates 800 jobs in Hastings
Over-50’s specialist insurer Saga is set to open a new office in Hastings leading to the creation of 800 new jobs.
Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3
Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).
Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3
Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).
Zurich, Tesco and Axa contractor Rok files for administration
Building firm Rok - which numbers Axa and Zurich among its insurance clients - this morning announced that it had filed for administration.
Former Cooper Gay CEO joins Guy Carpenter as new global head
Guy Carpenter today confirmed that James Summers has been appointed global head of the company's marine & energy specialty, effective from May 2011.
Rok and Xactware agree technology deal
Rok has agreed a deal with Xactware which will see the the building maintenance company's technicians use PDAs to organise repairs remotely.
Birmingham remains top spot for fraud
The Insurance Fraud Bureau has released its fraud statistics for Q3, pinpointing Birmingham, Liverpool, and Manchester as the top three cities for fraudulent activity.
Ageas boosts senior team with appointment of former Allianz duo
Ageas Insurance has strengthened its personal lines team with two key appointments.
Insurance Insight November: Exclusive online content now live
Insurance Insight November is now live with a review of the Polish general insurance market, and a close look at changes to supervisory authorities due to be enforced next year in the EU, as well as our regular View From the Top slot this month on…
Post Europe November: Exclusive online content now live
Post Europe November is now live with a review of the Polish general insurance market, and a close look at changes to supervisory authorities due to be enforced next year in the EU, as well as our regular View From the Top slot this month on…
Brit appoints new group CRO
Brit Insurance has appointed Baldeep Johal to the newly created position of group chief risk officer.
MYI wins marine terminal contract
Loss adjuster MYI has been appointed as nominated claims handler for DP World.