News
Appointment at Charles Taylor Consulting
Charles Taylor Consulting has appointed Mike Peachey as managing director of its subsidiary, LCL S...
Cobra Manchester buy
Cobra has acquired Manchester-based broker Thornway Insurances, which Cobra said will be fully integ...
Appointment at Elite Incident Management
Elite Incident Management has recruited Ken Lane as head of business development. He previously wo...
Chaucer shares take up
Lloyd's insurer Chaucer this week said its rights issue has been taken up. Just over 61% of Chaucer'...
London's Design Museum announces award winners
London's Design Museum has announced the individual category winners of the Brit Insurance Design Aw...
Appointment at The Wilson Organisation
The Wilson Organisation has appointed Paul Rodgers as employee benefits consultant in the firm's c...
Plum targets underserved MNW market
Underwriting agency Plum is targeting the "underserved" broker-led mid-net-worth market with a new h...
Challinors' new team
Midlands law firm Challinors is to formalise its anti-fraud legal expertise with the creation of a d...
Broker study confirms value of insurer regional offices
LV has backed up its regional strategy with research that claims 60% of brokers believe regional off...
Ten boss heralds return of independent brokers
The era of mass broking consolidation built on high commissions is over and the smaller entrepreneur...
Alan Boswell confirms office move details
Broker Alan Boswell Group is opening an office in Norwich in April as part of the company's expansio...
Names litigation thrown out by Court of Appeal
The Court of Appeal has thrown out a plea by Lloyd's Names to overturn a ruling last July that found Lloyd's was not involved in fraudulent activity surrounding its reinsurance to close.
Post pick of the week
Post reporter Sarah Hills rounds up the top stories from the general insurance sector. This week: MGA capacity deal faces an uncertain future as Axa splits; NU launches new club to tap into the £500m smaller broker pool; XL shelves UK expansion plans due…
Former Indie director ordered to pay £1.28m
Philip Condon, the former deputy managing director of Independent Insurance, has been ordered to pay £1.28m at a confiscation hearing at Southwark Crown Court.
Allianz believed to be lead insurer on Amsterdam crash
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Post's sister magazine Reinsurance has reported.
Allianz lead insurer on Amsterdam crash - sources
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Reinsurance understands.
Heritage to close international binders business
Heritage, the Lloyd's syndicate owned by Bermudian (re)insurer Argo, is to close its international binders business, Reinsurance understands.
Axa, Metlife close in on AIG's life units - reports
French insurer Axa and US insurance giant Metlife have both approached AIG about buying its life insurance unit American Life Insurance (ALICO), according to press reports.
Tokio Millennium in new risk management software deal
Bermuda based Tokio Millennium Re Ltd has employed Strategic Thought's enterprise risk management software Active Risk Manager (ARM, to manage and calculate risk across its business in an effort to upgrade its Standard & Poors risk management rating.
HCC Q4, FY earnings fall
HCC Insurance Holdings, the US (re)insurer, said that earnings fell - although return on equity jumped 12%.
Georgia tornades may cost $35m
(BESTWIRE) - About a dozen tornadoes that swirled their way through Georgia are estimated to have caused $35m in insured losses, said Insurance Commissioner John Oxendine.
Industry turns to credit insurers to judge credit worthiness
Credit insurers have taken over the mantle from ratings agencies in determining UK companies' credit worthiness, according to Aon Trade Credit.
AIG says in talks with US Government
(BESTWIRE) - American International Group is discussing with federal officials "new alternatives" for shoring up the insurer's finances under its existing $150bn rescue plan, a company spokeswoman said.
Governments must improve risk management, says OECD
Governments should improve how they prioritise efforts to prepare for large-scale disasters, the Organisation for Economic Co-operation and Development has warned.