News
Aon bolsters Northern leadership team
As part of its leadership restructure, Aon Risk Services has promoted two new members to the Northern leadership team.
Marsh granted Qatar authorisation
Marsh today announced that it has been authorised by the Qatar Financial Centre Regulatory Authority to provide a broad range of insurance broking and risk advisory services in Qatar.
Ex-AIG chief Sullivan resigns from board of Transatlantic Holdings
Transatlantic Holdings, the US reinsurer, has said that its chairman Martin Sullivan, has resigned from the Board, effective today.
Gallagher completes Aon swoop for new energy subsidiary
Arthur J Gallagher International has launched a new joint venture, Alesco Risk Management Services, aimed at the onshore/offshore energy sector.
Broker group seals £15m GWP deal as it seeks top 50 place
Thamescity Insurance Brokers, an Oxford-based company specialising in non standard private car business, has been acquired by Markerstudy Group.
Start up insurer hails untapped potential of new £3.75bn market
A new Gibraltar-based insurer this morning launched into a new market it claims could be potnetially worth £3.75bn.
RBSI future could be decided by early August
Royal Bank of Scotland wants second-round offers for its insurance business to be submitted by the end of this month, according to reports
Judge rules in Lloyd's favour in last 'major' Names case
A group of 49 Names have lost a key court case, described as the last major piece of litigation outstanding against Lloyd's.
Video - Claims Club Annual dinner and Rising Star Award
If you missed this year's Post Magazine Claims Club annual dinner at Lords cricket ground you can watch some of the highlights now - including the presentation of the Rising Star Award 2008. Watch it now
Broker Network welcomes new member
Langley Insurance Agents has joined The Broker Network bringing the network’s total number of combined members to more that 200 and annual gross written premium to £500m.
Softening reinsurance pricing market continuing - Willis Re
Willis Re, the global reinsurance broker, has said that while softening in the reinsurance market continues unfettered, a disparity remains between reinsurance and primary pricing levels.
New partnership aims to boost brokers' online sales
Open GI has formed a partnership with optimisation specialists Optilead to help brokers increase their online conversion rates.
Heath Lambert launches new specialist household policy
Heath Lambert Group has launched a new household policy under its Homeline Solutions brand.
Meehan takes new customer experience director role at Axa
Axa Insurance has appointed former Smart and Cook and Venture Preference boss Paul Meehan as customer experience director from September, as part of a restructure.
Marsh recruits duo for Manchester base
Marsh has appointed Iain Brown and Shirley Sutcliffe as senior placement brokers in its national marine broking centre, based in Manchester.
Kennedys opens new office
Kennedys opened a new office in Singapore today.
$200m ACR Retakaful MEA granted Bahrain licence
The Central Bank of Bahrain has granted a licence for the establishment of ACR Retakaful MEA an Islamic reinsurer, the Bahrain News Agency has reported.
THB reports interim profit rise
Lloyd's broker THB has reported a turnover (fees and commissions) up 30% to £19.4m for the six months and up 12% in the year ended 30 April 2008.
Heath Lambert launches new Homeline Solutions product
Heath Lambert Group has launched a household policy under its Homeline Solutions brand. The policy has been designed to cater for those specialist risks normally rejected by many insurers.
RAA: US reinsurers produced 93.5% combined ratio in 2007
The Reinsurance Association of America has released figures that show the US-domiciled reinsurance industry returning a 93.5% combined ratio for 2007
BMA appoints NAIC's Walter Bell to board
The Bermuda Monetary Authority has appointed Walter Bell to the BMA board of directors.
Axis Capital appoints chief investment officer
Axis Capital, the Bermudian (re)insurer, said that it has appointed Dean Benner as its chief investment officer, effective immediately.
First Assist secures new legal provider deal
First Assist Legal Protection has been appointed by the Prison Officers Association (Scotland) as its new legal protection provider.
Ironshore confirms Pembroke agreement
Ironshore has confirmed it has signed a sale and purchase agreement with Chaucer Holdings and the management of Pembroke for the £17m cash purchase of Pembroke Managing Agency, which manages Lloyd's Syndicate 4000.