News
Exclusive cyber and pan-European deal content now available
Insurance Insight's weekly update is now live with an article on how pan-European deals bring challenges to insurers; and a View from The Top on why cyber security is becoming one of the greatest threats to global companies.
Lancashire unveils new $250m reinsurance vehicle
Lancashire Holdings has today announced that it will launch Accordion Reinsurance, a fully collateralised side car quota share reinsurance arrangement with what it describes as "an innovative capital draw down feature".
M4 Underwriting and Allianz locked in coverholder talks
The capacity arrangement between M4 Underwriting and Allianz could be set to end within the next few months as talks stall over a renegotiation of a contract between the firms.
BP reaches settlement on Deepwater Horizon accident
BP has reached an agreement with MOEX Offshore 2007 and its affiliates, Mitsui Oil Exploration and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident.
BP reaches settlement on Deepwater Horizon accident
BP has reached an agreement with MOEX Offshore 2007 and its affiliates, Mitsui Oil Exploration and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident.
Operational risk management raises profile in Germany
Operational risk professionals from across Germany have launched an organisation in Frankfurt am Main dedicated to strengthening their ability to reduce the likelihood and impact of threats on business and financial services.
BMS grows US wholesale team
Broker BMS Group has recruited Glencairn property boss Ian Gormley to help grow its US wholesale business.
Operational risk management raises profile in Germany
Operational risk professionals from across Germany have launched an organisation in Frankfurt am Main dedicated to strengthening their ability to reduce the likelihood and impact of threats on business and financial services.
PRA insurance role to be outlined
The Prudential Regulation Authority has been confirmed as the supervisory body for insurance companies with a detailed guide on its work with the industry to be published next month.
Legislation set to impact international reinsurers' exposure to Japanese earthquake damage
City law firm Reynolds Porter Chamberlain will explain the important areas of a new Japanese insurance law that will affect reinsurers' exposure to the Japanese earthquake damage at a talk on Friday 20 May.
Chartered: A Broker's view: Barnett & Barnett
In the second of a three part series Post and Insurance Age editor-in-chief Jonathan Swift talks to Barnett & Barnett Compliance and training manager Toni Richardson about the benefits for a broker in being chartered.
Guernsey given green light by Hong Kong Stock Exchange
Guernsey has received the green light for its companies to list on the Hong Kong Stock Exchange.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Lloyd’s recreates underwriting room in Warsaw
The historic Lloyd's Underwriting Room has been recreated in Warsaw at an event in Poland.
Guernsey given green light by Hong Kong Stock Exchange
Guernsey has received the green light for its companies to list on the Hong Kong Stock Exchange.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Lloyd’s recreates underwriting room in Warsaw
The historic Lloyd's Underwriting Room has been recreated in Warsaw at an event in Poland.
Direct Line hails death of the aggregator
Responding to an investigation from consumer magazine Which? that claims aggregators display a lack of transparency to the consumer Direct Line has said that providers in this space “are not always what they seem”.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Lloyds execs to hand back bonuses
Lloyds Banking Group is taking back part of the bonuses awarded to senior executives as a result of the £3.2bn hit the bank took for mis-selling payment protection insurance.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
Chaucer bolstered by rate rises across UK and energy portfolios
Chaucer this morning reported gross written premium income of £274.1m for the first quarter of 2011 (2010 Q1: £250.1m).