News
Over fifties insurance provider to recruit 70 for new base
Over fifties insurance provider Staysure is aiming to double its turnover in 12 months with a new base.
Max Capital puts low cat loss down to "conservative underwriting"
Max Capital has reported net income of $36.4m for the quarter ended 31 March, compared to net income of $44.5m for Q1 2009.
CEA boss outlines concerns to Commission public hearing
The CEA, the European insurance and reinsurance federation, today reiterated its support for the EU’s new Solvency II regulatory regime but called for more work to be done on the Level 2 measures that will put the flesh on the bones of the Framework…
Endurance Q1 results fall 28% on cat losses
Endurance Specialty Holdings reported a fall in first-quarter profit of more than 28%, after it suffered estimated losses of $65m from catastrophes.
CCV boss hails its M&A model as election uncertainty looms
Cullum Capital Ventures has acquired the general insurance portfolio of DTE Risk & Financial Management.
Online SME insurance specialist recruits new CEO from consumer sector
Online SME commercial insurance specialist Xbridge has appointed Jason Stockwood as its new CEO.
Job losses expected in wake of First City and AJG merger
A number of employees are set to lose their roles after Arthur J Gallagher’s takeover of First City, Reinsurance has learned.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
PartnerRe president and CEO to retire
Patrick Thiele has decided to retire in December and will also step down from the board of directors.
Hannover Re non-life book hit by major losses
Hannover Re has reported what it described as "vigorous premium growth" in the first quarter of 2010.
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
XL shareholders approve Ireland move and renaming to "Group"
XL Capital has received ordinary shareholder approval changing the parent holding company’s place of incorporation from the Cayman Islands to Ireland.
GI job demand hits new high, although salaries go backward
Salary offers for new jobs dropped back below 2009s level, although demand from UK employers for new workers remained steady in April according to the Reed Job Index published today.
RSA extends rehab deal with two year agreement
RSA and The Parabis Group have signed a 2-year contract extension for the provision of the RSA Care claims management initiative.
XL shareholders approve Ireland move and renaming to "Group"
XL Capital has received ordinary shareholder approval changing the parent holding company’s place of incorporation from the Cayman Islands to Ireland.
10 years ago: Limit merger off after QBE approach
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from past an article published 10 years ago reveals.
20 years ago: 120 attend Brighton CILA AGM
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from past an article published 20 years ago reveals.
BLP appoints three sales reps
Building defects insurance specialist BLP has appointed three salespeople. Brian Kilroy joins as business development manager and will head up the sales operation.
Zurich apoints head of investment strategy implementation
Zurich Financial Services Group has appointed Urban Angehrn as head of investment strategy implementation.
Sterling appoints regional development manager for the North
Sterling Insurance Company has appointed James Leigh as regional development manager for the North.
QBE appoints global head of distribution
QBE has appointed Terry Ibbotson as global head of distribution.
National Friendly promotes David Castling
Health insurer National Friendly has promoted David Castling to the role of intermediary distribution manager.
Markel makes new appointments
Markel International has launched a new trade credit division following the appointment of Ewa Rose in January 2010.