News
Appointment at Cunningham Lindsey
Cunningham Lindsey UK has appointed four specialist adjusters. David Perry has 27 years' experienc...
Berkshire suffers Fitch hitch
Berkshire Hathaway has seen its issuer default rating and senior unsecured debt ratings downgraded b...
Absolute revamps as TCF Corporate
Absolute Fraud Management has rebranded as TCF Corporate following the management's decision to rest...
What the papers said this week
The Irish Independent RSA has established a subsidiary in Ireland. It is thought that the company...
Appointment at Beazley Group
Beazley Group has promoted Patrick Hartigan to lead its reinsurance division. Mr Hartigan has 18 y...
Direct Fleet signs up insurer duo
Online fleet insurance platform Direct Fleet Insurance has increased its panel of insurers to 14 wit...
Post web seminar - self service technology
Post held a live online web seminar earlier this week which debated the role of self service technlogy by insurance businesses. To watch a video recording of the seminar which was hosted by Anthony Gould, group editor in chief of Post and included…
AIG Financial Products sells solar plant interests
AIG Financial Products Corp. (AIGFP), an AIG company (AIG), said it has sold its interests in three operating Spanish solar photovoltaic plants from its energy and infrastructure book to renewable energy private equity firm HG Capital for an undisclosed…
Reinsurance TV news review
Reinsurance reporter Alexander Ferguson talks to Anthony Gould, group editor in chief of Incisive Media's insurance division about the major news stories in the reinsurance sector this month including the continuing saga of AIG, the impact of changes at…
Willis boss Plumeri asks staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Post's sister magazine Reinsurance can reveal.
Plumeri asks Willis staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Reinsurance can reveal.
Close Brothers feels the pinch of volatile conditions
Close Brothers Group, the parent company of leading premium finance provider Close Premium Finance has recorded a dip in its operating profit before tax to £38.5m (2008: £69.8m) in the first half of the 2009 financial year.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: PBS Holdings CEO welcomes partner insurers' efforts to target smaller brokers; GAB Robins wins first major tender since UK business announced MBO intentions; Axa Insurance beats…
RSA broker boss to take time out after heart operation
RSA has confirmed that its broking boss is to take time off to recover from an operation.
US Treasury to deduct executive bonuses from latest $30bn bailout
The US Department of the Treasury has written to the US House of Representatives to say that it will deduct millions from AIG's rescue package in lieu of payments given to the insurer's staff in terms of bonuses.
CII president's dinner cancelled after gas leak
Last night's Chartered Insurance Institute president's dinner was cancelled after a gas leak shut the area around The Guildhall, London where it was to be held.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: PBS Holdings CEO welcomes...
Ace Saudi Arabia subsidiary in IPO
Ace Arabia Cooperative Insurance Company, a subsidiary of Switzerland-domiciled (re)insurer Ace, has announced that it will make an Initial Public Offering (IPO) on the Tadawul in Saudi Arabia.
Arch Re in management shake-up
Arch Reinsurance, the US-based reinsurance arm of Arch Capital, said it has promoted John Rathgeber to chairman and chief executive and Tim Olson has been appointed president and chief operating officer with effect from March 1, 2009.
Europ Asssistance hires new claims chief
Europ Assistance has appointed former Norwich Union employee David St Clair as head of travel claims.
E-business insights
Post's E-business strategy Management Briefing in London next week will tackle all the key issues facing those in the insurance industry responsible for driving their businesses online strategy. In addition to expert online speakers from Tealeaf, CGI,…
Overcapacity will delay premium hikes claims advisory group
Recession hit businesses are not making the most of over capacity in the market to seek cost savings, according to a financial advisory group.
GMC and GDC told to consider compulsory insurance
Patients are at risk of not receiving compensation if they are negligently harmed by a doctor or dentist warned the Medical Defence Union today. Under the current, system of medical and dental indemnity, doctors and dentists are still not required to…
NIG signs up to Towergate arm
NIG has joined the panel of insurers launching new commercial property owners and let property owners policies through Towergate subsidiary Power Place.