News
Hardy looks east to expand property book
Merry: opportunities in regions.
Markel's GWP hopes are scuppered by competition
Markel energy book has been doing well.
Axa benefits from Swiftcover ad campaign
Swiftcover ads deemed a success.
Lloyds TSB pilot to trial in-house loss adjusting
GI FD Steve Hughes outlined 16 week pilot.
Aviva takes "flexible" approach to rate rises
CEO Igal Mayer linked 21% drop in GI sakes to economy.
Affinity deals will fuel Sinclair's ambitions for Coversure
Kevin Sinclair joined this week.
Maso ready to sacrifice business in rates drive
Philippe Maso: prepared to lose up to 15% of commercial book.
AIG strikes deal to sell Hong Kong finance operations
AIG has struck deals to sell its Hong Kong consumer finance and India-based IT services units, in its continued bid to raise cash to repay more than $80 billion in bailout loans.
Guy Carpenter expands Latin America and Caribbean Operations
Guy Carpenter names ex-Aon Benfield senior exec. Aidan Pope new CEO of Latin American and Caribbean operations.
Pick of the week
Axa to shed commercial business; Coversure to grow affinity business; Hubbard to join UK General; LloydsTSB starts loss-adjusting pilot; IAG close to HSBC deal.
Validus expands into the middle east
Validus subsidiary Talbot has expanded its business into the Middle East through the creation of Underwriting Risk Services, a managing general agency based in Dubai.
Madoff finance boss pleads guilty
Frank DiPascali, the former CFO of Bernard Madoff, has pleaded guilty for his role in the $65bn fraud.
Lloyd’s A+ rating reaffirmed
Standard and Poor’s leave Lloyd’s rating unchanged