News
KBW looks at what-ifs for Willis-Marsh merger
With recent news reports that Willis Group Holdings and Kohlberg Kravis Roberts made an offer to acquire MMC, Keefe Bruyette and Woods (KBW) has speculated on the possibility of the combination and the creation of a new company: The Marsh Willis…
Chippendale set to retire from RBSI
Ian Chippendale, non-executive chairman of Royal Bank of Scotland Insurance is set to retire at the end of this year after more than 10 years with Privilege, Direct Line and RBS Insurance.
Thompsons offers funding to claimants for clinical negligence claims
Thompsons Solicitors has introduced a new funding aspect to its Clinical Negligence Service in a bid to provide claimants with easier access to justice. It follows the curtailment of legal aid and the need to help claimants who might otherwise be put off…
Insurer disagrees with rating agency decision
Catlin Group has announced it surprise at A.M. Best decision to place its financial strength and issuer credit ratings under review with negative implications.
Axa UK now considered 'core' part of group says S&P
Axa has this week received a rating upgrade which it said reflected Standard & Poor’s view that the insurer is set to meet the group’s profitability targets and maintain its capital adequacy in line with the new ranking.
Insurers in new climate change warning
Insurers may need to exclude climate change related claims from their policies to protect themselves against politically motivated lawsuits being launched against their insureds, Reynolds Porter Chamberlain LLP claimed today.
Fitch rates Converium following Berkshire Hathaway deal
Fitch Ratings has placed Converium's Insurer Financial Strength 'BBB-' (BBB minus) rating on Rating Watch Positive (RWP).
Alexander Forbes non UK arm receives bid offer
A consortium of private equity investors is attempting to buy the non UK arm of Alexander Forbes.
ABI responds to FSA investigation
Improvements to payment protection insurance are giving customers a better deal the Association of British Insurers said today.
Lloyd's approves new syndicate
Hardy Underwriting has now received approval from Lloyd’s to establish a new syndicate, (3820), writes Jordan Fletcher-Dale
FSA report condemns PPI sales tactics
Payment protection insurance sellers are still failing to treat their customers fairly, an FSA review has concluded.
OFT to refer the PPI market to the Competition Commission
The Office of Fair Trading has today said it will refer the UK payment protection insurance market to the Competition Commission. It has published its analysis of the market for consultation prior to a final decision early next year.
Some PPI sellers still not treating customers fairly says FSA report
Some firms selling payment protection insurance (PPI) are still failing to treat their customers fairly, an Financial Services Authority (FSA) review has concluded.
HBOS General Insurance launches into the broker market with AA
HBOS General Insurance today announced that it has become the newest member of the AA's household insurance panel. The move represents the first broker insurer relationship for HBOS General Insurance and will further strengthen HBOS's existing…
Swiss Re claims victory on WTC court case
Swiss Re has issued a statement in connection with the decision by the United States Court of Appeals for the Second Circuit upholding the jury verdict in favor of Swiss Re in the case of SR International Business Insurance Company Ltd. versus World…
Through luck and determination
Stuart Rouse, financial director of Towergate Underwriting, speaks to Tanya Powley about his rise through the ranks and why he chose insurance over the 'big four'
Pick of the Week
A look at the major news in Post this week by Anthony Gould, editor in chief, Post, with a focus on R...
This week in Post history
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from past-articles reveal
Top staff resign in wake of shake-up
Several senior technical people have left Capita Brownsword in the wake of a recent shake-up, which ...
Groupama promotes Harris
Groupama Insurances has promoted Lynn Harris to the role of head of customer proposition. Ms Harris ...
Open GI predicts acquisition-driven growth
Broker software house Open GI's profits have increased by 11% but its private equity owners have hin...
Broker to be president
Insurance industry marketing specialist Paul Gardner has been elected the 112th president of the Cha...
Converium to sell
Reinsurer Converium is to sell its North American operations to Berkshire Hathaway subsidiary, Natio...
Appointment at Audatex
Audatex has made Alan Cottrill commercial director, responsible for insurer services, crash repair, ...