News
Credit crunch forces $200m Partner and RenRe write-downs
Bermudian reinsurers RenaissanceRe and Partner Re have announced write-downs of the full value of their investments in Bermudian reinsurer, ChannelRe, which writes financial guarantee reinsurance for troubled US bond insurer MBIA.
ABC Insurance products now availble on Open GI
ABC Insurance, part of the LV= Group, has made its private car insurance policy available on the Open GI system, currently used by 40% of the general insurance broker market.
ASHE 6115 index judged appropriate
The appropriateness of indexation on the basis of ASHE 6115 has been established and insurers will not be able to re-open that issue before judges, the Court of Appeal said on Thursday in the Thompstone v Tameside & Glossop Acute Services NHS Trust case.
Thompstone judgement handed down
The Thompstone v Tameside & Glossop Acute Services NHS Trust has been upheld at the Court of Appeal this morning
Witness: Ex-Gen re execs told AIG transaction a deposit, not reinsurance
HARTFORD, Conn. January 16 (BestWire) — For the deal to proceed, the former top executives at General Reinsurance Corp. who were in charge of crafting an allegedly fraudulent reinsurance transaction for American International Group's convenience wanted…
Insurance boss surprised household rates have risen so little as average flood claim hits £52 000
Premiums for both car and home insurance have once again risen, the latest findings from the benchmark AA British Insurance Premium Index show.
Broker to recruit 85 more staff as it targets £100m GWP
Independent Welsh broker Moorhouse has unveiled ambitious growth plans targeting £100m in gross written premiums via organic growth by 2010.
Lloyd's syndiacte announces senior management changes
Cassidy Davis Insurance, the specialist personal lines Lloyd’s insurer and part of the Jubilee Managing Agency, has today announced a reorganisation of its senior management team.
AA in Allianz tie up
The AA has struck a deal with Allianz which will see all new and existing fleet policyholders now have access to a wide range of AA breakdown and recovery services at preferential rates.
Chubb in NIG swoop
Chubb Insurance has appointed Steve McGuinness as its new personal lines motor manager.
Lloyd's broker unveils acquisition
Oxygen Insurance Brokers announced today the acquisition of a portfolio of specialist technology and new media professional indemnity business from Digital Risk Solutions.
Lover's guide to insurance
Insurance professionals looking for friendship (and maybe more) can now look further afield than Fac...
Ask the expert
New year, new you, new job - now could be time to detox your career
High fliers outline career concerns for the market
The insurance industry needs to do more to attract new employees and not rely on professional or tra...
Thatcham to open VDA training centre
Thatcham is launching phase one of a new training strategy with the opening of its first regional ve...
Insurance giants attract top talent
Aon and AIG are expected to be "talent magnets" in 2008, according to Darwin Rhodes. The financial ...
Pick of the Week
Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post includi...
Spencer leaves BMS
John Spencer has resigned from his position as group chief executive of BMS Associates. Mr Spencer c...
Appointment at Housemans
Health and safety solicitor Mike Appleby has joined Housemans. Mr Appleby acted in the Watford, Sout...
Appointment at Ernst and Young
Clive Martin has been admitted into the Ernst and Young partnership. Mr Martin joined the firm as ma...
AA and Saga Insurance may link-up aggregators
The newly formed Acromas Group has been tipped to leverage its collection of aggregator sites to pro...
CILA fears for members
The Chartered Institute of Loss Adjusters has warned that its members will struggle to maintain serv...
Post Online top five stories
The top five most read stories on postonline.co.uk in the last week were: 1. Insurers forfeit local...
Fine art move for XL's Pardy
Ecclesiastical is bringing fine art expertise in-house after snatching XL Insurance's UK account man...