News
Senior property underwriter resigns from Ascot
Mark Donald, senior property underwriter and a director at Ascot, has resigned from his post, Reinsurance has learnt.
AIG cancels $8m worth of junkets to appease New York attorney general
Following a meeting with the New York State attorney general Andrew Cuomo, AIG chief executive officer and chairman Edward Liddy has agreed to take several significant actions with respect to expenditures at AIG.
AIG acting CFO Bensinger leaves
AIG has said that acting chief financial officer Steven Bensinger has resigned, with David Herzog taking his place in the permanent role.
Cooper Gay in line for "one or two" acquisitions
Cooper Gay will complete up to two acquisitions before the end of 2008, according to the company's chief executive officer, Toby Esser.
BGL unveils new insurance partner
As part of a review of suppliers for core add-on products and services, the BGL Group has selected Minster Law to provide Family Legal Protection.
Marsh warns on supply chain risks
Financial instability and deteriorating economic conditions in the UK are prompting companies to improve efficiency and drive down operating costs in their supply chains. However, these will increase risk exposures warns Marsh.
Catlin CEO reflects on market turning events as it reveals hurricane losses
Catlin Group has outlined its initial estimate of the financial impact of Hurricanes Ike and Gustav.
Allianz Retail appoints directors from Lehmans and RSA
Allianz Retail has appointed Adrian Mitri as director of operations and Tom Moss as director of underwriting.
Torus appoints new head of global casualty arm
Torus Insurance Holdings, the Bermuda-domiciled specialty insurer, has appointed David Perez as president and chief underwriting officer of its global casualty arm, with effect from October 14th. He will report directly to David Hope, Torus’ chief…
Fitch revises outlook on insurance industry to 'negative' from 'stable'
>US ratings agency Fitch Ratings has revised its outlook on the insurance industry to 'negative' from 'stable'.
Ascot names new CEO
Andrew Brooks, currently chief underwriting officer of Ascot Underwriting, has been named chief executive officer, with immediate effect.
Ace extends commercial D&O offering into Lloyd's
ACE Europe has extended broker access to its market-leading directors' and officers' (D&O) portfolio by writing commercial D&O risks at Lloyd’s.
Ace Europe to write commercial D&O risks at Lloyd's
Ace Europe, the European arm of Switzerland-domicled (re)insurer Ace, has said that it is to start writing commercial D&O risks at Lloyd’s.
Distribution Strategies - finding your way through the maze
Leading industry experts and decision makers will be debating the future of general insurance distribution - and how companies can stay ahead of the curve - at Post's Distribution Strategies conference on 30 October. The impressive line up includes:…
Navigators Group estimates $18m of post-tax losses from Gustav, Ike
The Navigators Group, the US-headquartered insurance holding company with operations in London, has estimated after-tax loss from Hurricanes Gustav and Ike will approximate $18m (£10.3m) in the 2008 third quarter.
Glacier Insurance appoints new CEO
Glacier Insurance has appointed Richard Etridge as chief executive officer.
American Safety Reinsurance grabs senior underwriter from Catlin
American Safety Reinsurance,(ASRE) has said that Nicholas Pascall has been appointed chief underwriting officer.
Cat bond activity down so far in 2008
(BestWire) — The first nine months of 2008 have seen a decrease in the issuance of catastrophe bonds to about $2.73bn (£1.56bn) from $5.38bn in the same period last year, according to Emmanuel Modu, managing director and global head of structured finance…
Glacier Insurance appoints new CEO
Glacier Insurance, a subsidiary of Switzerland-based Glacier Group, is pleased to announce the appointment of Richard Etridge as Chief Executive Officer. Richard takes his new position over from Robbie Klaus and will continue as a member of Glacier’s…
Pick of the Week
Post reporters Louise Meeson and Sarah Hills look at the major stories from the general insurance mar...
Appointment at Barbon
Barbon Insurance Group has announced the promotion of Steve Brindley to sales and marketing director...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
CILA denies kick-back deals
Loss adjusters are receiving payments from contractor networks as a way to balance decreasing insure...
Hiscox grants extension
Hiscox has granted an extension of two weeks for a response from the lawyers representing the compan...