News
AM Best positive on Swiss Re after rating revision
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Swiss Re and its subsidiaries.
AM Best positive on Swiss Re after rating revision
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Swiss Re and its subsidiaries.
Ecclesiastical to grow charity arm following share issue
Specialist insurer Ecclesiastical is set to grow its charity and heritage lines of business after raising £40m through a preference share issue.
Paladin exits recycling business
Paladin Underwriting Agency has announced it is not seeking to renew its current waste and recycling risks account for 2011, and has taken the decision to exit the sector as rates fall to levels which are considered unsustainable.
Shipowners’ Club adds two to Vancouver office
The Shipowners’ P&I Club has transferred two of its London-based staff to its new office in Vancouver.
Broker CBG warns 2010 profits "significantly" below expectations
CBG Group has warned its 2010 profit before tax is expected to be significantly below current expectations.
EP rejects tax harmonisation plea
The European Parliament has narrowly rejected an amendment calling for tax harmonisation in the European Union.
EP rejects tax harmonisation plea
The European Parliament has narrowly rejected an amendment calling for tax harmonisation in the European Union.
Aon Benfield annual cat report reveals $38bn loss for (re)insurers in 2010
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has released its Annual Global Climate and Catastrophe Report, which reviews the natural disaster perils that occurred worldwide during 2010.
Aon Benfield annual cat report reveals $38bn loss for (re)insurers in 2010
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has released its Annual Global Climate and Catastrophe Report, which reviews the natural disaster perils that occurred worldwide during 2010.
XL gains China license
The Chinese Insurance Regulatory Commission has granted XL a license to operate as a property and casualty insurer in Shanghai.
RBS Insurance sells broker arm Devitt to management team
RBS Insurance has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
NFU set for Glasgow recruitment
NFU Mutual has created 46 new customer service, claims and administration jobs in Glasgow.
Lorega launches Broker Network claims service
Lorega has unveiled a new bespoke commercial property and business interruption claims service for Broker Network members.
Fusion to create 240 jobs
BGL-owned insurance firm Fusion has announced plans to create 240 jobs in its UK contact centres.
S&P revises RSA outlook to positive
Ratings agency Standard & Poor’s has revised its outlook for RSA to positive and affirmed the insurer's A ratings for financial strength and long-term counterparty credit.
Giles completes CJ Higgins purchase
Giles has acquired the insurance broking business of Northern Irish intermediary CJ Higgins & Co for an undisclosed sum.
Aon acquires Irish PI broker
Broking giant Aon has acquired Ireland-based online personal lines intermediary Insure.ie.
Aon acquires Irish PI broker
Broking giant Aon has acquired Ireland-based online personal lines intermediary Insure.ie.
Jubilee appoints business development chief
Lloyd’s insurer Jubilee Managing Agency has appointed Nick Grazier as head of marketing and business development.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
View from t'opera: Gio Compario writes for Post
Allianz Insurance's recent successes - including this year's British Insurance Awards 'general insurer of the year' title - can be attributed to one thing, the fact its CEO Andrew Torrance has a tache. That is the view of Go Compare's figurehead Gio…