News
Jelf appoints insurance CEO
Jelf Group has appointed Phil Barton, group commercial director, to the newly created role of chief executive – Jelf Insurance.
Mapfre Q1 results decline
Mapfre achieved in the first quarter of the year a net attributable result of €273.1m, 4.8% less than in the same period of the previous year, “as the extraordinary results obtained in 2009 by the group’s parent holding company were not repeated.”
Bowring Marsh names global business development boss
International placement broker Bowring Marsh has named George Jones as its first ever global head of business development.
Faster compensation for people injured in road accidents
Around half a million people injured in road accidents will receive compensation they are entitled to much more quickly under a streamlined compensation process that comes into force today, according to the Association of British Insurers.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Bowring Marsh names global business development boss
International placement broker Bowring Marsh has named George Jones as its first ever global head of business development.
QBE outlines refinancing arrangement
QBE has launched an issue to institutional investors of 20 year zero coupon senior convertible securities raising $850m ($1.31bn).
Fortis extends self-employed offering
Fortis has revamped its liability product for the self-employed. Semploy Extra, which has been launched following a comprehensive review of its existing Semploy offering, will be available for new and existing clients from 31 May.
The TV leader's debate on the economy - who won?
Last night the three main political leader's debated the economy live on the BBC.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
PCI weighs in on Senate regulatory reform debate
The Property Casualty Insurers Association of America (PCI) has voiced concerns over the reform of payments into resolution funds.
Insurer to open Malta office
ALC Health is to open an office in Malta as it continues its expansion plans across Europe.
KenyaRe 2009 profit falls 18%
KenyaRe reported a fall in full-year pretax profit to 1.46bn shillings ($18.0m) in 2009 compared with the year before.
JLT seeing “increasingly soft market”
Broker JLT held its annual general meeting on 29 April, stating its outlook is “encouraging” for the 2010/11 financial year.
Max and Harbor Point shareholders approve merger
Respective shareholders have voted in favor of all proposals necessary to consummate a merger of equals of Max and Harbor Point to form Alterra.
Fitch upgrades Zurich to stable
Rating agency Fitch has upgraded Zurich Insurance Company’s outlook from negative to stable.
Post has gone digital
Post Magazine has invested in a new digital, interactive version of the weekly magazine for its subscribers.
CFC reports 28% rise in gross premium income
CFC has announced a 28% rise in gross premium income on 2008, taking it to £29.8 million. The specialist lines underwriting agency also revealed operating profit increased by 41% to £2.39 million.
Towergate appoints managing director
Towergate Underwriting has appointed Peter Newson as managing director of Towergate Underwriting Financial Risk.
Novae gross premiums up 48% in first quarter
(Re)insurer Novae, says its gross written premium for the first three months of 2010 hit £167.2m, up 48% on last year's £113.1m.
Ace Q1 net income up 33%
Ace has reported its net income is up in Q1, but its combined ratio has also risen following heavy catastrophe losses.
Thatcham to host industry workshop
Thatcham is to open its doors as host of the ‘Triple Focus’ event on June 16-17.