News
Chubb underwriter joins Brit
Brit Insurance has appointed Denon Ambris as liability underwriter in its Birmingham office.
Gallagher appoints new Australian CEO
Andrew Godden joins Arthur J. Gallagher Australasia from sister company Specialised Broking Associates in Perth, where he was a founding shareholder from 2003.
Ceiops: Supervisors must update methods to meet Solvency II demands
The Committee of European Insurance and Occupational Pensions Supervisors has urged its members to make further changes to their supervision methods, tools and procedures to meet the demands of Solvency II.
FSA bans insurance trio for fraud act
The Financial Services Authority has today banned Timothy Higgins, Clifford Felstead and Ralph Brunswick from working in regulated financial services.
British Insurance Awards 2010 - all the winners
Allianz was crowned general insurer of the year last night at the annual British Insurance Awards.
Bluefin settles high court action
Bluefin subsidiary The Healthcare Insurance Group has settled high court action taken out against a former appointed representative, Andrew Tomkins.
New snag for US financial regulations bill
West Virginia Governor Joe Manchin on Wednesday put off naming a successor to the late Senator Robert Byrd, which could further complicate passage of financial reform legislation in the US Senate.
FSA bans insurance trio for fraud act
The Financial Services Authority has today banned Timothy Higgins, Clifford Felstead and Ralph Brunswick from working in regulated financial services.
Nat cat losses more than double average in first half 2010
Insurers’ losses from natural catastrophes, including the February earthquake in Chile, totaled $22 billion in the first half of the year, more than double the average for the period since 2000, according to Munich Re.
APC product hits Irish market
APC has begun writing business in the Republic of Ireland with the launch of its first product, which is aimed at shopkeepers.
QBE extends heating scheme
QBE and Bristol-based broking company Sutton Specialist Risks have extended their joint scheme covering heating, ventilation and refrigeration contractors.
Lorega adds to broker development team
Lorega has boosted its broker development division with the hire of two employees.
Brokers more positive on Lloyd's than two years ago
Brokers are now significantly more positive about conducting business at Lloyd’s than two years ago.
Haiti and Mozambique most vulnerable to economic losses from natural disasters
Italy, Japan, China, USA, Spain and France also rated “high risk” on The Natural Disasters Economic Loss Index (NDELI), released by risk intelligence and ratings company, Maplecroft.
APC product hits Irish market
APC has begun writing business in the Republic of Ireland with the launch of its first product, which is aimed at shopkeepers.
Law firm Halliwells granted longer to find buyer
Halliwells has filed a second notice of intention to appoint an administrator in a bid to buy more time to secure a sale of the firm without entering into administration.
Fortis wins American Express insurance deal
Fortis Insurance and American Express have announced a new five-year strategic partnership to deliver fully branded motor and household insurance products to American Express’ UK customer.
Affinity news: Go bespoke or reach out to others
Post’s Affinity 2010 event was held in London last week, brining together key players in the sector – from insurers, brokers, affinity brands and other suppliers – to learn about and debate the latest developments.
Affinity news: Watson: look at aims first
Post’s Affinity 2010 event was held in London last week, brining together key players in the sector – from insurers, brokers, affinity brands and other suppliers – to learn about and debate the latest developments.
Rehabilitation Awards 2010 – Welcome
Guests were welcomed to the Rehabilitation First Awards 2010 in the sumptuous surroundings of Merchant Taylors Hall by the chair of the judging panel, deputy editor of Post Lynn Rouse, who outlined why there should be a real sense of optimism and…
Affinity news: Risk sharing not on the agenda
Post’s Affinity 2010 event was held in London last week, brining together key players in the sector – from insurers, brokers, affinity brands and other suppliers – to learn about and debate the latest developments.
Affinity news: Insurers urged to look beyond top-20 targets
Post’s Affinity 2010 event was held in London last week, brining together key players in the sector – from insurers, brokers, affinity brands and other suppliers – to learn about and debate the latest developments.
Halliwells to seek more time for sale
Halliwells is expected to ask for more time to negotiate its sale after more parties showed an interest in buying all or part of the firm.
Clear boost for household book
Allianz has grown its household book by almost £30m in the 18 months since the launch of its Clear household product. Gareth McChesney, head of portfolio management at Allianz Retail told Post that in December 2008 its household book in the broker market…