News
Admiral's international arm contributes £47m as profit jumps 7%
It added its customer numbers were up 19% to 2.08 million (2008: 1.75m), profit from UK car insurance was up 15% to £207m (2008: £180m).
Admiral's international arm contributes £47m as profit jumps 7%
It added its customer numbers were up 19% to 2.08 million (2008: 1.75m), profit from UK car insurance was up 15% to £207m (2008: £180m).
JLT restructures UK business to capitalise on new MGA unit
News comes as broker reported a 14% rise in fees and commissions to £612.9m (2008: £536.1m) and a 28% jump in underlying profit excluding exceptional items to £97.1m (2008: £76.2m).
JLT restructures UK business to capitalise on new MGA unit
News comes as broker reported a 14% rise in fees and commissions to £612.9m (2008: £536.1m) and a 28% jump in underlying profit excluding exceptional items to £97.1m (2008: £76.2m).
Insured losses from Chile earthquake likely to exceed $2bn
‘Economic losses’ may exceed $15bn, according to AIR Worldwide
NEDs receive 2009 pay boost
Non-executive directors at FTSE 100 companies received an average pay increase of more than 5% last year, new research has revealed.
Post in print - 25 March issue
Dan Dunkley outlines the major news headlines from this week's issue of Post, including CGS founders considering start-up, MMA to open three new branches, Medicals Direct targeting £40m turnover, Oval's purchase of JL Fisher and Junction seeking new…
Sterling nabs Hiscox high net worth underwriter
Sterling Insurance has appointed Jane Flaherty as a senior high net worth underwriter based in the Midlands.
Buffett to pay out $30m if France wins football world cup
Warren Buffett has said Berkshire Hathaway sold insurance that will require his company to pay out if France wins the World Cup this year.
Go Compare sees upsurge in quotes
Comparison site attributes marketing campaign to 20% increase in customer numbers.
Post in print - 18 March issue
Amy Ellis outlines the major news headlines from this week's issue of Post, including Towergate Lloyd's decision, Giles restructure, Hong Kong beats London and dog insurance muddle.
IRB earnings up 2.67%
Brazilian reinsurer increases earnings in 2009 despite drops in premiums, market share and its investment income.
40 killed in Europe windstorm
Northern and western France and parts of Germany have been battered by a severe windstorm in the last 48 hours that has caused at least 40 deaths.
40 killed in Europe windstorm
Northern and western France and parts of Germany have been battered by a severe windstorm in the last 48 hours that has caused at least 40 deaths.
Towergate opens North East underwriting office
Towergate Underwriting has opened its new office in Newcastle to serve brokers based in the North East and Cumbria.
Berkshire Hathaway net income jumps
Berkshire Hathaway's fourth quarter and yearly net income increased.
Argo moves into marine cargo
Argo has added marine cargo to its portfolio appointing Nick Derrick from Chubb Insurance as class underwriter to lead the new business.
Regulatory capital framework proposed for Takaful insurers is ‘credit positive’
At its sixth annual Takaful Conference this week in Dubai, the Islamic Financial Services Bond discussed its exposure draft for regulatory capital requirements for Islamic compliant insurers.
AIG confirms AIA sale to Prudential
AIG has confirmed the sale of its AIA unit to Prudential for $35.5bn.
Xchanging grows revenue by 35%
Xchanging has reported a 35% increase year-on-year in revenue to £750.4m in 2009 (2008: £557.8m) while underlying operating profit also grew 35% to £63.9m (£47.3m).
Xchanging grows revenue by 35%
Xchanging has reported a 35% increase year-on-year in revenue to £750.4m in 2009 (2008: £557.8m) while underlying operating profit also grew 35% to £63.9m (£47.3m).
Earthquake claims more than 700 lives
A major earthquake measuring 8.8 magnitude off the the cost of southern Chile has killed at least 700 people and caused economic damage of up to $30bn (£19.8bn).
Jubilee announces new senior appointments
Jubilee has today announced the next stage of its strategic growth plans with Clive Buesnel as their new group chief executive officer and Andreas Loucaides as group development director.
Strong London market performance helps Hiscox treble profits
Hiscox has reported gross premiums written £1.44bn (2008: £1.15bn) and pre-tax profit of £320.6m (£105.2m).