News
Arc reports upswing in run-off liabilities
A report by the Association of Run-off Companies and KPMG shows an increase of more than £8bn in UK non-life run-off market liabilities for 2009.
Commercial landlords warned over environmental liability
Cowens claims they could face claims for damages and be subjected to action from regulatory bodies for failing to address environmental safety, even if it is a tenant who is at fault.
View from the top - Nine-year wait is over
Although most of the insurers Post called last week were reticent to talk about the prospective merger of the Accident Management Association and National Association of Credit Hire Operators, the plan can only aid both sides in coming to amicable…
New US health bill will regulate health insurers
Barack Obama's new health bill will regulate health insurers but seek to be more moderate in a number of other ways.
Select & Protect urges brokers to help homeowners cover gadgets
Select & Protect has urged brokers to help policyholders effectively cover their mobile phones, mp3 players and other gadgets under their household policies.
Biba 2010: professionalism focus
The British Insurance Brokers’ Association has confirmed its business focused seminar programme for its 2010 conference and exhibition to be held on 19-20 May. Post, Insurance Age and PB are the official media partners for the conference.
QBE appoints new Manchester property underwriter
QBE European Operations has appointed Simon Smith as property underwriter in its Manchester office.
Towergate set to open new Manchester office
Towergate Risk Soultions Manchester is set to open a new office in Heton Mersey as it seeks to merge four of its existing businesses into a single hub.
Former Jelf director joins Bennetts
Insurance Broker Bennetts Commercial has appointed Carole Lowe to their senior management team.
Arista appoints new regional underwriting manager
Commercial lines underwriter Arista Insurance has promoted Anthony Foulds to regional underwriting manager for the South East.
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
More than half of skiers hit slopes without lessons
Research by Insure and Go shows that 54% of skiers and snowboarders hit the pistes without getting lessons.
Dai-ichi Life plans $11.7bn IPO
Dai-ichi Life aims to raise about Y1,070bn ($11.7bn) when it lists in Tokyo on April 1, in what would potentially be the largest initial public offering since Visa’s $19.7bn listing in 2008.
Madeira floods cause extensive damage
Violent flooding on Portuguese holiday island kills at least 42 with reports of major damage to buildings and transport infrastructure
Madeira floods cause extensive damage
Violent flooding on Portuguese holiday island kills at least 42 with reports of major damage to buildings and transport infrastructure
Another quake hits Haiti
A mild 4.7 magnitude earthquake hit Haiti today 20 miles west of Port-au-Prince, the US Geological Survey reported.
Bupa revamps trading platform
Bupa has launched an enhanced online trading system for intermediaries that sell its individual protection products.
Torus receives $185m capital injection
$150m of the additional financing to be provided by private equity firm Corsair Capital
Torus receives $185m capital injection
$150m of the additional financing to be provided by private equity firm Corsair Capital
Aegis enters reinsurance treaty market
Aegis London has entered the reinsurance treaty business with the appointment of Chris White as property treaty underwriter.
CL makes hire from Garwyn
Cunningham Lindsey’s liability services has hired Adrian Hotson from Garwyn as a new area manager.
RDT opens Halifax office
Insurance administration specialists RDT has opened a new office in Halifax after a 50% surge in revenues.
Aviva warns of the importance of having the right insurance
With the increase in empty shops on UK high streets, Aviva is warning property owners of the importance of having the right insurance in place in the event of crime and malicious damage.