News
MMA ramps up micro-commercial offering
Broker-only insurer MMA is adding a series of new products to the remit of its micro underwriting team as part of a first year review.
City insurer to hold iPad board meetings
Torus, has become the first company in the UK to hold paperless board meetings following a trial of Apple iPads.
Aon Benfield agrees Cologne University partnership
Insurance broker Aon Benfield has partnered with the University of Cologne to conduct advanced research into European windstorms.
Allianz appoints global product leader
Allianz Global Corporate & Specialty has announced the appointment of Ferdinando Martino as global product leader for major risks. He will oversee AGCS’s business in airlines, large airports, manufacturing and special risks.
CEA calls on G20 to distinguish between insurers and banks
The CEA, the European insurance and reinsurance federation, has today called on the G20 to take full account of the specific characteristics of insurance when designing regulatory initiatives to respond to the global financial crisis.
CNA Europe appoints underwriting director for Health Pro division
CNA Europe has appointed Kevin McIntosh as European underwriting director of Health Pro.
CEA calls on G20 to distinguish between insurers and banks
The CEA, the European insurance and reinsurance federation, has today called on the G20 to take full account of the specific characteristics of insurance when designing regulatory initiatives to respond to the global financial crisis.
CNA Europe appoints underwriting director for Health Pro division
CNA Europe has appointed Kevin McIntosh as European underwriting director of Health Pro.
Equity World Cup competition – week three: England through to knock out stages
In was touch and go, and following two lacklustre draws, England’s football team finally pulled it out of the bag to triumph in their must win match against Slovenia, securing their place in the knock-out stages of the South-African tournament.
LV Broker names new regional manager
LV Broker has promoted Birmingham office manager Mark Hands to the role of regional manager for the North of England and Scotland.
Hannover Re admits interest in Aegon unit
German reinsurer Hannover Re has expressed a slight interest in a potential acquisition of the reinsurance business of Dutch insurer Aegon, a spokeswoman for Hannover Re told news agency DPA-AFX.
Cat bond prices fall
Catastrophe bonds have seen their sharpest slump since 2008 as forecasters predict a busier-than-usual Atlantic hurricane season.
Bill Hodson appointed senior VP of GossRe
Goss Reinsurance Brokers, the recently launched reinsurance brokerage division of US Risk Insurance Group, has announced the appointment of William Hodson to senior vice president.
Credit Suisse tips RGA or Munich Re for Aegon unit buy
Munich Re and RGA have been named as potential buyers of Dutch insurer Aegon's Transamerica Reinsurance unit, Credit Suisse analysts said on Wednesday.
Buffett wins bet against French team
Warren Buffett and the special reinsurance team at Berkshire Hathaway are likely to be extremely relieved after the French were sent home from the World Cup due to a reinsurance contract essentially betting against the team.
Hannover Re admits interest in Aegon unit
German reinsurer Hannover Re has expressed a slight interest in a potential acquisition of the reinsurance business of Dutch insurer Aegon, a spokeswoman for Hannover Re told news agency DPA-AFX.
AM Best affirms Brit’s A rating
Credit rating agency AM Best has affirmed Brit Insurance’s A rating and Brit Insurance Holding's ICR rating of BBB.
Catlin recruits ex Marsh CEO
Catlin has announced two changes to its board of directors.
Forbes launches treaty reinsurance arm
Price Forbes & Partners today announced the expansion of its business through the establishment of a treaty reinsurance division.
Whittington preps Asian direct launch
Whittington Group is set to launch a new direct online insurance company, DirectAsia.com, in Singapore with reinsurance support from Munich Re.
THB profits up in first half
THB this morning reported a 21% rise in broking profit to £3.9m on fees and commissions of £24.6m (H1 2009 £23.3m).
Axa UK unveils board shake up
Axa UK has unveiled a board shake up in the wake of the sale of its traditional life and pensions businesses.
Buffett wins bet against French team
Warren Buffett and the special reinsurance team at Berkshire Hathaway are likely to be extremely relieved after the French were sent home from the World Cup due to a reinsurance contract essentially betting against the team.
AM Best affirms Brit’s A rating
Credit rating agency AM Best has affirmed Brit Insurance’s A rating and Brit Insurance Holding's ICR rating of BBB.