News
Pacific Life Re completes buyout of Scottish Re's Asian business
Pacific Life Re, the specialist life reinsurer, following its recent purchase by Pacific LifeCorp, the parent company of Pacific Life Insurance Company, it has concluded the purchase of the Asian business of Scottish Re Group Limited.
Randall and Quilter and Global Re create strategic run-off partnership
The UK run-off group Randall and Quilter and Global Re have created a strategic partnership for the purchase and management of non-life run-off companies in Continental Europe.
QBE reports 6% rise in half year profits
QBE Europe has recorded gross written premium of A$2.67bn for the first six months of 2008. It added the business' combined operating ratio improved to 83.6% (H1 2007: 88.4%) while insurance profit to net earned premium was 24.6% (H1 2007: 22.3%).
Amlin H1 pretax profit falls 25%
Amlin, the Lloyd's (re)insurer, reported a 25% drop in first half pretax profits.
Pick of the week
Post editor Jonathan Swift looks at the major stories from the general insurance market. This week: N...
Lycetts snaps up CFL
Countryside broker Lycetts has expanded into the City of London with the acquisition of broker Carro...
Appointment at THB
THB has appointed two senior market figures, Craig Kingaby and Steve Carr, to lead its international...
Claims division expands
Barbon subsidiary Farr has appointed Matthew Greenhalgh and Francesco Quacquarelli to the newly crea...
Sagicor releases figures
Sagicor recorded overall net income of $45.4m (£24.3m) for the six months ended 30 June 2008. Net in...
Appointment at Wesleyan
Andrew Doman has been appointed a non-executive director at Wesleyan Assurance Society. Mr Doman has...
Lloyd's hits back
Lloyd's has said that it cannot control its syndicates when it comes to doing business in Burma. A ...
B&B joins Confused
Price comparison service Confused has welcomed Alliance and Leicester to its home insurance panel an...
Appointment at Lloyd's
Lloyd's has appointed Eamonn Egan as country manager for Ireland. Mr Egan, formerly regional develop...
Second stake for Amlin
Amlin has secured its second minority stake in a broker, gaining just under 20% in Bradford-based TL...
Peart closes in on £1m
Performance car insurance broker Peart Insurance has increased its annual turnover to almost £1m as ...
Xbroker adds three
Online comparative quotation system Xbroker has expanded its panel and product range with the additi...
Munters education push
Property damage prevention, restoration and temporary humidity control specialists Munters has teame...
Appointment at Willis
Willis Group Holdings has appointed Allan Gribben as global sales and marketing director. Mr Gribben...
UK is all blocked up
Drainage specialist UKDN has estimated that only 1% of drains in the UK are serviced on a regular ba...
RML names worst CCJ insurer offenders
Motor insurers have been slammed by a legal consultancy for the number of outstanding county court j...
Appointment at MCE
Specialist personal lines broker MCE Insurance has appointed Matt Duck as HR manager. Following univ...
Appointment at Home and Legacy
High-net-worth specialist Home and Legacy has appointed Mark Wooldridge as sales director. Mr Wooldr...
Appointment at QBE
QBE has recruited five underwriters to its Leeds team: Len Curry as senior property underwriter; Mar...
First Assist teams up for cartel case cover
First Assist Legal Protection is joining forces with a law firm specialising in price-fixing cases t...