News
SEC bars former RenRe officer for five years
Michael W. Cash, a former senior executive of Bermudian reinsurer RenaissanceRe (RenRe) has agreed to a no fault, US court-approved settlement of the SEC case against him that fines him $130,000 and bars him from serving as an officer or director of a…
Marsh warns businesses after warehouse fire
Following the devastating fire at a vegetable plant warehouse in Warwickshire, Marsh has attempted to remind UK businesses of the need to be vigilant about their fire safety and risk assessment.
Inga Beale lands M&A job at Zurich
Global insurer Zurich has announced that former Converium chief executive Inga Beale will join the company as head of organisational transformation management and mergers & acquisitions as of January 1, 2008.
Lloyd's issues China insurance trends report
Lloyd’s has launched a research report on China’s rapidly developing insurance market. The publication explores the key trends in the Chinese non-life insurance market and the opportunities they present for specialist players.
Towergate emphasises security of client data
The chief executives of Towergate and Open International attended the Open User Group AGM last week to outline their plans for the business following the recent acquisition.
First UK insurance special purpose vehicle authorised
UK life insurer Legal & General has converted a subsidiary company into an insurance special purpose vehicle (ISPV), creating the UK's first such entity.
Provident launches new motor facility
Provident Insurance has launched a new initiative that it says will help smaller brokers fight back and capture some of the business that has moved away in recent years.
NIG Network offers brokers a bite of the Apple
Insurer NIG is giving brokers the chance to win over £2,000 worth of the latest must-have Apple products when they obtain a commercial package quote from the NIG Network (www.nignetwork.com).
Hannover Re 3Q results show net income over $400m
Hannover Re has reported a group net income of €296m ($434m) for the third quarter of this year – an increase of almost 140% on the same period of 2006.
Parabis reveals new finance director
The Parabis Group has announced the appointment of Craig Fairey as group finance director.
Bupa updates ex-pat brokers' web site
Bupa International's broker website has had a facelift to make it easier and quicker to use.
Glacier appoints Bothe for treaty
Glacier Reinsurance has appointed Ralph Bothe as treaty underwriter. He takes up his position immediately.
German reinsurer exits run-off business
German reinsurer, Deutsche Rück has announced the completion of its strategic plan to exit from third party run-off reinsurance business.
BLG hires trio for casualty practice
Barlow Lyde & Gilbert has announced that three personal injury lawyers - one costs specialist and two barristers - will be joining the firm’s casualty practice.
Canopius to launch Asia operation
Lloyd’s insurer Canopius has announced it is opening a (re)insurance underwriting operation in Singapore.
High workloads keep heads worrying
Senior executives in the insurance sector admit they are struggling to manage "conflicting prioritie...
Drop the pressure with a smile
FirstAssist Services has announced plans to work with the International Stress Management Associatio...
RSA launches apprenticeship
Royal and Sun Alliance has announced the launch of a new apprenticeship scheme in its engineering te...
Time to test yourself
A selection of questions from various past-CII qualification papers. Whether studying for Chartered...
Pick of the Week
Post Magazine editor Jonathan Swift provides a run down of the major news in this week’s issue of Pos...
NUI middle managers next for major review
Norwich Union Insurance is expected to make further cuts from among hundreds of its second tier mana...
Zenith continues claims supply shake-up
Zenith Insurance has continued its claims supplier review with the appointment of Nationwide Network...
Senior moves at BMS Cat
Commercial and industrial disaster restoration specialist BMS Cat has appointed two senior figures f...
Flood spending a must
Insurance professionals believe insuring homeowners with properties at risk of flooding will become ...