News
Merlin appoints service centre technical manager
Merlin has appointed Patrick Toole as technical manager of its service centre division.
London riots could cost industry “several tens of millions of pounds”
Damage from the London riots will cost insurers “a lot of money”, Alister Jupp, major loss London director at Cunningham Lindsey has told Post.
Sportscover backs Wembley's world badminton
Sportscover is the official insurance partner the Yonex BWF World Badminton Championships at Wembley Arena, London.
Chartis UK pulls out of writing new PI for solicitors
Chartis UK will not write any new professional indemnity business for solicitors, blaming the “continued poor claims experience” for its decision.
Royal London exits Liverpool axing 222 jobs
Royal London is to close the old Royal Liver offices in Liverpool making 222 staff redundant.
Biba supports crackdown on aggregators
The British Insurance Brokers’ Association has submitted its formal response to the Financial Services Authority proposed guidance on the selling of general insurance policies through price comparison websites.
QBE promotes Judy Holt to top job in broker development
Australian insurer QBE has promoted Judy Holt to head of UK broker development, putting her in charge of strategy and delivery of the broker channel in the UK.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Marketform hires new CFO
Lloyd’s insurer Marketform has announced the appointment of a new chief financial officer, Paul Guiry, who replaces long standing CFO, Roger Doubtfire, on his retirement.
Axis to expand in Mexico
Axis International is to expand its operation in Mexico, targeting domestic growth opportunities and the country's international reinsurance business.
Household water leaks cost £2bn
According to the Association of British Insurers, 9.7 billion litres of water leaked into UK homes over the course of a year – enough to fill 3,880 Olympic size swimming pools.
Keychoice Underwriting reveal new management roles
Keychoice Underwriting is targeting further growth over the coming months after making a string of appointments in a bid to bolster business development and underwriting experience.
RBSI “committed” to double digit COR
Speaking to Post following the announcement of its half year results for 2011, which saw the insurer net an operating profit of £139m, Paul Geddes chief executive said its claims process would contribute to this.
Fitch downgrades two Belarusian insurers
Fitch Ratings has downgraded Belarusian Republican Unitary Insurance Company - Belgosstrakh and export-import insurance company of the Republic of Belarus's Eximgarant insurer financial strength ratings to 'B-' from 'B'. The outlooks are negative.
Jack Straw confirmed for annual Post Claims Event on 12 October
Former Justice Secretary and outspoken critic of referral fees Jack Straw will address the annual Post Claims Event on 12 October, Postonline can reveal.
Shadow Treasury minister tells Osborne to take Solvency II "more seriously"
Chris Leslie MP, shadow financial secretary to the Treasury, today called on the Chancellor to initiate higher level debate on the effects of Solvency II on UK consumers and business.
Insurance Insight August: Exclusive commercial property and captive domicile content now live
Insurance Insight August is now live with look at commercial property in the Benelux region; innovation in the captive domicile market; and an interview with Now Health International.
BLM head of policy development leads new CJC working party
Head of policy development at Berrymans Lace Mawer LLP, Alistair Kinley will lead a new Civil Justice Council working party responsible for identifying practical solutions in three areas of costs policy which were first examined in the Lord Justice…
Captive Domiciles: new entrants cause a stir
New captive domiciles are emerging with clear regulations which are attractive for captives. Jane Bernstein asks if there is room for everyone.
Oxygen London market team set for Gallagher move
A deal which will see Oxygen’s 21-strong London market team join Arthur J. Gallagher has today been announced.
EU corporate governance poll results
Find out what the market voted for on EU corporate governance.
Generali reports strong growth in Q2 but net profits down 7.7%
Generali has reported operating result of €2.4bn for the first six months of 2011 reflecting a stronger pace of growth in the second quarter, with robust progress in Italy, France and Eastern Europe.
Groupama boss encouraged by interim results
Groupama CEO François-Xavier Boisseau has described the first six months of the year as "very encouraging” for the company’s UK businesses, following interim results in which a combined UK operations profits increase of 34% was recorded.
Dexia Bank Q2 results impacted by Greece but insurance performs well
In Q2 2011, Belgium Dexia Group reported a net income group share of €-4.03bn, reflecting the May decision to accelerate its financial restructuring as well as an impairment on Greek government bonds in line with Dexia’s participation to the IIF Greece…