News
Post in print 1 April: Quinn sends ripples through the market
Post reporter Leigh Jackson outlines some of the major stories from this week's issue of Post Magazine.
Market awaits Law Society verdict on Quinn
Lockton has warned that thousands of UK law firms could be impacted if the Law Society de-lists Quinn Insurance as an approved insurer after the company fell into the hands of administrators on Tuesday.
US puts further pressure on the UN for Iran sanctions
US President Barack Obama said on Tuesday he wanted tougher U.N. sanctions in weeks against Iran over its nuclear program. This follows proposed US sanctions including (re)insurance
Garwyn appoints commercial manager
Garwyn has appointed commercial claims management specialist Rob Hill as commercial manager responsible for the development and expansion of Garwyn’s client base.
New regulations challenge UAE firms to improve risk management
Firms in the United Arab Emirates could fall foul of new corporate governance rules and corporate discipline regulations unless they adopt a more systemic approach to managing risk, according to Marsh.
Aviva issues asbestos warning
Aviva is urging property owners to observe safety regulations after a company was prosecuted for exposing building workers to asbestos.
A$650m of Australian storm claims lodged
Claims have been rolling in from the storms that hit the Western Australian state capital or Perth on 22 March
Catastrophe claims will hit reinsurers’ Q1 results hardest: Willis Re
Willis Re’s April renewals report says $16bn catastrophe tab to make the first quarter of 2010 the worst ever for natural peril losses.
Marsh promotes Ricardo Brockmann to CEO of Latin America and Caribbean
The current CEO of Marsh Mexico is to replace Thomaz Menezes who has decided to leave the company to pursue other opportunities.
Invicta completes second acquisition
Invicta Insurance Services has acquired Kent-based Lowe Insurance in its second acquisition in two weeks.
Market ripe for mergers & acquisitions
There are clear opportunities in the current market for deals involving the buying and selling of UK insurance broking businesses, particularly in the medium-size sector, according to accountant and consultant Moore Stephens.
Central Bank deems Quinn Insurance sale a "reasonable prospect"
The head of financial regulation at the Irish Central Bank has said there is a “reasonable prospect that the administrator will look to put it [Quinn Insurance] up for sale” after the Financial Regulator instructed Quinn Insurance to stop writing new…
Incoming CILA president Homewood joins MYI board
Niche commercial loss adjuster MYI has continued its strategy of aggressive recruitment by announcing the expansion of its UK executive board with the appointment of Andrew Homewood as an executive director.
Former QBE CEO steps down as chairman
At a board meeting of QBE yesterday chairman John Cloney announced his retirement effective 4 July 2010.
Central Bank deems Quinn Insurance sale a "reasonable prospect"
The head of financial regulation at the Irish Central Bank has said there is a “reasonable prospect that the administrator will look to put it [Quinn Insurance] up for sale” after the Financial Regulator instructed Quinn Insurance to stop writing new…
Former QBE CEO steps down as chairman
At a board meeting of QBE yesterday chairman John Cloney announced his retirement effective 4 July 2010.
News review: Loss estimates roll in from Chile earthquake and European storms
The earthquake in Chile and European windstorms dominated the headlines in recent months. Katherine Blackler analyses the loss estimates rolling in from reinsurers
Law firm blames Quinn woes on Irish economy
The news today that Quinn Insurance has been placed into provisional administration will concern solicitors according to Hugh Evans, financial litigation partner at DLA.
Law firm blames Quinn woes on Irish economy
The news today that Quinn Insurance has been placed into provisional administration will concern solicitors according to Hugh Evans, financial litigation partner at DLA.
Entertainment brokers seeks to double size after US tie-up
Stockport-based Doodson Broking Group has signalled its intent to double in size over the next five years after forming a partnership with US broker Crossfields Insurance.
Markerstudy switches to Open GI
Markerstudy has moved its IT systems to Open GI in a five year deal that will support 130 users.
Grant Thornton names team that will manage Quinn business
Grant Thornton has made its first comment having been appointed provisional administrators of Quinn Insurance this morning.
E-certificates to become law by 21 April
The regulations enabling the use of and the issue of electronic motor certificates will be laid in parliament tomorrow and should become law after 21 days.
Entertainment brokers seeks to double size after US tie-up
Stockport-based Doodson Broking Group has signalled its intent to double in size over the next five years after forming a partnership with US broker Crossfields Insurance.