News
Post pick of the week
Post reporter Alwynne Gwilt and supplements and online editor Stephanie Denton provide a run down of the major news in this week's issue of Post Magazine including: Private Equity 3I's investment in Hyperion; Towergate head Peter Cullum's stall on…
RSA appoints new non-executive director
Johanna Waterous has been appointed, subject to regulatory approval, as a non-executive director of Royal and Sun Alliance Insurance Group with effect from 20 May.
Well known industry figure joins Whittington's team in Asia
Insurance investor and services provider Whittington Group has appointed Herman Lischer to its senior management team in Asia.
Argo to acquire Heritage
Argo Group International Holdings has agreed a cash deal to acquire the share capital of Heritage Underwriting Agency.
ABI launches guide for small firms
The Association of British Insurers (ABI) has launched an insurance guide for smaller businesses in an attempt to raise awareness of the result to small firms if the worst happens.
XL adds to London environmental presence
XL Insurance has continued the expansion of its environmental insurance team with the hiring of Philip Hogg as environmental underwriter in London.
ABI and Government warn on SME insurance failings
The Association of British Insurers has today joined forces with the Government to raise the level of contingency planning among the 4.3 million small to medium-sized businesses in the UK.
Allianz to ramp up aggregator profile
Stewart McAlpine has joined Allianz Personal as channel manager - aggregators to help develop this important channel to market.
BGL hails RMIF director swoop
Gary Elliott has been appointed as the new director of sales for Junction, the affinity insurance division of the BGL Group.
Teceris boosts liability division with former loss adjusting MD
Teceris have recruited Andy Merchant to its liability division as senior technical liability adjuster. Mr Merchant will be taking up the new position this month and will be based at the Teceris offices in Glasgow.
Infrassure obtains off-shore E&S licenses in 19 states; added to NAIC list
Infrassure, the specialist engineering and infrastructure (re)insurer, said it has obtained off-shore Excess & Surplus licenses in 19 US states.
Swiss Re replaces Ferguson as head of financial services
Swiss Re has confirmed that it has parted company with its head of financial services Roger Ferguson ending months of speculation that he had been ousted following the reinsurance giant’s sub-prime write-downs of autumn 2007. Swiss Re said Mr Ferguson…
ABI launches guide for SMEs
The Association of British Insurers (ABI) has launched an insurance guide for smaller businesses in an attempt to raise awareness of what could result should the worst happen.
Corporate manslaughter convictions could soar, according to Aon
Convictions for corporate manslaughter could soar under new legislation which comes into effect on 6 April, according to risk adviser and broker Aon.
UK broker gets Singapore licence
Miller Insurance Services has been granted licences by the Monetary Authority of Singapore to operate as a general reinsurance and direct insurance broker, the company said today.
New Japanese regulations to have trickle-down effects
Marsh has warned UK subsidiaries and affiliates of Japanese firms of the risks associated with new Japanese legislation relating to internal controls and financial reporting, which have come into effect today.
Todd takes real estate team to JLT
Jardine Lloyd Thompson has announced the appointment of Nigel Todd as head of its real estate practice.
Lloyd's reveals update on market reform
Lloyd’s has published a first quarter update on the progress its has made on business process reform.
XL Capital Assurance files countersuit in Merrill CDS case
Security Capital Assurance (SCA) has announced today that its financial guarantee subsidiary XL Capital Assurance (XLCA) has filed its answer and counterclaims in the United States District Court for the Southern District of New York against Merrill…
Leave insurance alone, says NAIC
The National Association of Insurance Commissioners (NAIC) has responded negatively to the the US treasury department’s blueprint for financial regulatory Reform.
Cunningham Lindsey's Manchester move
Cunningham Lindsey UK’s Manchester team is relocating to a larger office in the heart of the city.
Isle of Man wins another captive
Vaultex UK, a recently formed joint venture between two major international banks to manage the cash handling operations in the UK, has set up a captive in the Isle of Man.
Baldock out in GAB restructure
GAB Robins plans to incorporate its existing UK field adjusting and fraud investigation teams under the management of a newly created property services operation, to be called Property Service Line.
Reinsurers facing increasingly volatile 2008 - Willis Re
Reinsurers are going to experience an increasingly volatile 2008, reports global reinsurance broker Willis Re.