News
Appointment at Lloyd's
Lloyd's has recruited a new chief executive officer for Lloyd's Reinsurance Company (China). Eric Ga...
Quinn Direct linked with IAG UK deal
Irish insurer Quinn Direct is the latest company touted to buy all or part of the Insurance Australi...
Ace: Euro growth for 'green' launch
Ace is looking to increase its presence in the environmental liability, climate and carbon trading p...
VP to phase out "divisive" names with Bluefin rebrand
Venture Preference is rebranding all of its "disparate" businesses under the new name of Bluefin - c...
Oliva secures AIG backing
Underwriting start-up Oliva is close to finalising capacity for its international construction busin...
Appointment at XL Capital
XL Capital has made Jacob D Rosengarten executive vice-president and chief enterprise risk officer o...
Flood losses to double
Insurance losses from coastal flooding for high-risk properties could double by 2030, according to a...
Abbey happy to buck market cycles
Abbey Protection has heralded the benefit of working in non-cyclical markets, as it unveiled a post-...
Brit unveils global hubs
Brit Insurance has launched a global claims hub initiative. The first two hubs will be located in th...
Appointment at Climate Wise
Andrew Voysey has been appointed secretary to Climate Wise. Mr Vosey has experience in sustainable d...
Brokerbility seeks new FD
Brokerbility plans to further strengthen its senior management board following the appointment of fo...
No Benfield exodus yet
The exodus of Benfield brokers after the takeover of Aon is not expected until after the 1 January r...
RSA shares dive - was takeover talk hot air?
RSA share price has fallen 10.5 pence today as speculation of it being acquired seems to have abated.
Lloyd's less likely to face further legal suits
Lloyd's has hailed the decision by the High Court to grant civil restraint orders to slow Names litigation against it.
MSL Legal Expenses boosts national sales team
MSL Legal Expenses has appointed Steve Ludgate as business development manager.
Claims solution from Axa Corporate
Axa Corporate Solutions has developed Panorama, a claims remote account management product designed to provide contract certainty for all parties specifically for use in the UK.
Heightened retro prices lead to Munich Re unable to place a storm risk
Heightened retrocessional reinsurance prices have led to Munich Re being unable to retrocessionally get additional reinsurance for a storm risk it wanted to place, said one of its senior reinsurance writers.
1.5 million cars at risk in flood hit areas, warns Uswitch
Uswitch has warned that 1.5 million cars are at risk in potential flood areas across Britain as the insurance industry braces itself to fork out ‘tens of millions’ in claims.
Broker 2 Broker targets brokers with new hire
Broker 2 Broker has appointed Sara Berry to the newly-created role of broker relationship manager.
Allied World makes Bell new COO
Allied World, the Bermudian (re)insurer has promoted David Bell to the position of chief operating and administrative officer of Allied World Assurance Company, its Bermuda insurance subsidiary. He was senior vice president, Global Product Line Manager,…
Hurricane Ike triggers Caribbean Catastrophe Risk Insurance Facility (CCRIF) to pay out $6.3m
The Caribbean Catastrophe Risk Insurance Facility (CCRIF), the world's first multi-country risk pool is set to make a payout of approximately US$6.3m to the government of the Turks and Caicos Islands, within the terms of that country’s hurricane policy…
Allied World appoints D'Orazio as new chief underwriting officer
Allied World, the Bermudian (re)insurer, has promoted Frank D'Orazio to the chief underwriter's position, the company said in a statement.
Ironshore enters Lloyd's market
Ironshore enter the Lloyd’s market after completing the purchase of Pembroke Managing Agency and Syndicate 4000 which it manages.
Travelers in UK senior staff shake up
Travelers UK has announced the retirement of David Bevan, general manager - sales marketing and distribution - after 16 years service.