News
Broker in MBO
The directors of Warwick-based Quantum Underwriting Solutions have acquired the business from chairman and founder Stefan Wissenbach for an undisclosed sum.
Broker acquisitions, a trip to Wembley and a party - read the latest PB Week
It was another fast moving week for the PB editorial team -here are the highlights!
Omega in play, private equity mooted
Omega Insurance, the Lloyd’s-based specialist (re) insurer, has confirmed that it is “in discussions with a number of parties who have expressed an interest” in acquiring the group.
Aspen reports 29% increase in annual net income
Aspen Insurance has reported a record net income of an $489m marking an increase of 29.3% on 2006.
Munich Re appoints head of healthcare from SLH
Munich Re has appointed Philip Wright as its new head of UK healthcare.
Cunningham Lindsey appoints London market director
Cunningham Lindsey UK has appointed Stephen Raine to its board as London market director.
Ace strengthens online team with appointment
Ace Europe has announced the appointment of Carl Faulkner as its European ecommerce manager.
Willis Group reports fourth quarter results down
Willis Group Holdings today reported results for the quarter ended 31 December 2007 of $95m (£48m) reported net income, down from $148m a year ago Total reported revenues for the quarter increased 3% to $639m compared to $621m in 2006.
Zurich political risk capacity increased to $125m
Zurich’s emerging markets unit has announced it is boosting its political risk capacity to $125m (£64m) per risk for up to 15 years.
Claims People expands board
Claims People has promoted Gordon Vater to the group’s main board as an executive director with immediate effect.
India insurance sector faces talent shortage
Specialist insurance recruitment company, Darwin Rhodes Group, has said liberalisation of India’s insurance sector has created enormous demand for talented actuarial and insurance specialists.
Super Tuesday tornadoes tear up US
More than two dozen tornadoes tore through the mid-South US late last night, destroying homes, barns, and industrial buildings from Texas to Ohio. The severe thunderstorm outbreak, which included tornados, hail, heavy rain and lightning, killed nearly 50…
Endurance reveals 2007 results
Endurance Specialty Holdings has revealed a net income of $521.1m in its 2007 annual results.
Groves to head Marsh’s captive consulting practice
Marsh has appointed Jonathan Groves as leader of its captive consulting practice for Europe, Middle East and Africa. Based in London, Mr Groves will have overall responsibility for new business, team management and the development of captive consulting…
Moorhouse adds three new products to Xbroker
Independent broker Moorhouse has added private motor, let property and a retailer’s product to its market leading online broker quotation platform Xbroker.
CMI appoints development focused CEO
The Chartered Management Institute has appointed Ruth Spellman as chief executive. She succeeds Mar...
Incentives needed to boost health
British businesses understand the value of workplace health but remain reluctant to invest due to a ...
Time to test yourself
A selection of questions from various past-CII qualification papers
Shepherds Friendly announces MPPI launch
Shepherds Friendly has revealed it will launch a mortgage payment protection insurance (MPPI) product.
Friends Provident appoints new head of marketing protection
Friends Provident has made Mark Jones its new head of protection marketing.
Pick of the Week
Post Editor Jonathan Swift provides a run down of the major news in this week’s issue of Post Magazin...
Lawyer in health move
Halliwells has launched a dedicated insurance healthcare division after recruiting a team from DLA P...
Appointment at Allianz
Allianz Global Corporate and Specialty UK has appointed Philipp Cremer to head its market management...
New broker head at ABC
ABC Insurance has announced the appointment of Mike Crane to head of broker underwriting. He joins A...