News
Beleaguered Erinaceous hit by more senior departures
Erinaceous Insurance Services will allow three senior directors to leave the company in the next few...
CIS profits hit by £55m storm
CIS General Insurance reported a technical profit of £22.6m for the first half of this year, but £55...
MID as proof of insurance
The chairman of the Motor Insurers' Bureau has told Post that he expects the Motor Insurance Databas...
Appointment at XL Capital
XL Capital has appointed Kirstin Romann Gould as general counsel. In addition to her new role, Ms Go...
Life's a beach
The party conference season got under way this week with Britain's response to climate change and wi...
Novae reports profit
Lloyd's and company market insurer Novae has reported an operating profit, excluding foreign exchang...
Marsh seeks new head
Global broker Marsh is seeking a replacement chief executive after Brian Storms resigned last week. ...
Helm set for rebrand
Stuart Alexander has announced plans to rebrand Ashford-based broker Helm, which it acquired in Marc...
SA Meacock joins platform
SA Meacock and Co has become the latest managing agent to join Lloyd's rapidly-growing China platfor...
Countrywide network grows
The Countrywide network has extended its partner broker initiative to cover commercial business. The...
Bright sold houses to pay back £4m loan
Michael Bright had no choice but to sell four of his properties after Independent Insurance’s collapse in 2001, reports Olivier C Laurent .
AA's Sinclair quits in Saga shake-up
The deal between AA and Saga which was signed off last night has seen Kevin Sinclair, managing director of AA Insurance resign from the firm.
Watson Wyatt's role questioned
An expert witness testifying for Dennis Lomas questioned Watson Wyatt’s actuarial work in the years leading to Independent’s collapse, Olivier C Laurent reports.
AA/Saga disputes union claims
AA/Saga has reacted to the GMB Union's complaints over union representation, claiming it does not have 1800 members inside the AA and that private equity bosses did not make a deal with staff earlier this year. The GMB union announced plans earlier today…
Costello made GIMRA chair
GIMRA (General Insurance Market Research within AURA) has appointed Kerry Costello as its new chair, taking over from Carl Wong who has held the post for the past 2 years. Ms Costello has been Vice-Chair for the past 12 months.
Post pick of the week
Jonathan Swift, editor of Post Magazine outlines the main news stories in this week’s issue including: RSA and Munich Re take the lead in Olympics deal; NIG queries rival insurer motives; MID set to become proof of motor insurance; Beleaguered Erinaceous…
Allianz plots move for Oval stake
Allianz has been linked with a move for stake in consolidator Oval.
Post office insurance team recruits four new managers
Post Office Financial Services has announced four new appointments to its insurance team.
Brit in Gibraltar move
Brit Insurance is to put in place a small team of senior underwriters to work in Gibraltar. Subject to approvals they will develop the reinsurance business of a dedicated cell in a newly formed and independently owned protected cell company, to be known…
Life after Independent
Independent Insurance has been branded many things throughout the four months of this Serious Fraud Office Trial, but the over-riding consensus has always been that it was an innovative firm.
Gallagher Re appoints Bermuda head
Gallagher Re has announced the appointment of Graham Wood as team leader of its Bermuda-based operations.
Countrywide in commercial broker move
The Countrywide network has extended its partner broker initiative to cover commercial business.
Crawford launches environmental pollution cleanup business
Crawford & Company UK has announced the launch of Crawford Environmental Pollution Claims Services, a direct response to increasing environmental legislation, specifically, the Environmental Liability Directive .
Bush Administration threatens veto for TRIA extension
The Bush Administration has issued a statement calling for serious amendments to the latest extension of the Terrorism Risk Insurance Act (TRIA) Federal terrorism backstop legislation making its way through the US Congress or it would recommend the…