News
Assurant Solutions promotes marketing boss to CEO
Specialist insurer Assurant Solutions has promoted Andy Morris to CEO and president of its European operations.
Norwegian Hull Club to open London office
The Norwegian Hull Club is to open an office in London's EC3 area, its first outside Norway.
Quiz of the week – 12 February
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
AIG's P&C division lost $2.3bn in Q4 2015
Global giant AIG's property and casualty arm fell to a loss of $2.3bn (£1.3bn) in the fourth quarter of 2015 compared with a $935m profit in Q4 2014.
Bluefin lodges High Court injunction against ex-CEO Bruce and GRP
Bluefin has suspended two current members of staff and obtained an injunction in the High Court against its former CEO Mike Bruce and specialist investment group Global Risk Partners.
Marsh recruits ex-GCHQ director for cyber role
Marsh has appointed former UK security and intelligence organisation GCHQ director Sir Iain Lobban as a senior adviser on cyber risk.
Winter storm learnings key for Flood Re's future
Learning from the December 2015 floods and longer term data trends will be key to making Flood Re a success, according to its CEO Brendan McCafferty.
Zurich closely monitoring Brexit developments
Zurich is keeping a close eye on how the referendum over UK membership of the European Union progresses, according to UK general insurance CEO Vibhu Sharma, who highlighted the company's position as one that is already headquartered outside the EU.
Results round up: 2015 full year company results
Zurich and Markel latest firms to file. Find all the unedited 2015 full year results in one place.
Suncorp's CEO cites climate change as half year insurance profits fall 29%
Michael Cameron, CEO of Queensland based financial services group Suncorp, said a record run of natural disasters were hampering the company's performance.
Zurich UKGI COR hits 109.5% amid £62m operating profit loss
Zurich's UK general insurance business has reported a £62m business operating profit loss in its 2015 full-year results due to a high volume of large losses, and claims related to the end of year UK storms and floods.
Biba expands PI panel for members
The British Insurance Brokers' Association has expanded its panel for members' own professional indemnity cover with MGB Insurance Brokers, Griffiths and Armour and Lockton on the board.
Greco to begin Zurich CEO role earlier than planned
Generali's outgoing CEO Mario Greco will start his upcoming Zurich global CEO role months earlier than originally planned.
Zurich's CEO announces more job losses after "disappointing" 2015
Zurich's interim CEO Tom de Swaan has announced plans to eliminate 8000 roles by the end of 2018 after announcing a 37% profit fall last year.
Kirshner hails 'tremendous' underwriting result at Markel
Alan Kirshner, executive chairman at Markel, said 2015 was a "tremendous year" for the (re)insurer's underwriting operations.
Taiwan building standards under scrutiny after deadly earthquake
Taiwanese authorities believe poor construction methods helped cause the collapse of a block of flats in the city of Tainan after a 6.4 magnitude earthquake.
Four Birmingham ghost brokers sentenced
Four Birmingham men have been sentenced after a ghost broker insurance scam was uncovered by Insurance Fraud Enforcement Department detectives.
Covéa confirms direct motor launch
Covéa has officially launched its direct motor insurance offering, announced in December 2015.
Flood Re unveils first transition plan
Flood Re has today (10 February) produced its first transition plan, setting out the expected course of the scheme's main parameters over the next five years.
Lloyd’s CRO: Brexit could damage London market
A vote to leave the European Union in the forthcoming UK referendum could fundamentally damage the London market, according to Sean McGovern, Lloyd's CRO and general counsel.
IPT to blame for increase in building and contents premiums
The cost of buildings-only and contents-only insurance rose 3.5% in the most recent quarter, which can be largely attributed to the Insurance Premium Tax hike, according to the Association of British Insurers.
L&G partners with SSP for digital change programme
Legal & General has partnered with software provider SSP to deliver its new technology platform, including using a cloud-based quote system and an administration platform.
Further defendants added in Gallagher court case
Arthur J Gallagher has expanded its legal proceedings against Alex Skriptchenkov and Portsoken Limited to include five more defendants.
Willis GB commissions and revenues slump in 2015
Willis GB has reported a drop in revenue to $641m (£443m) for the 12 months to 31 December 2015 while, at group level, the broker reported a $24m net loss for Q4 2015.