News
Total Cat bond issuance off 6.5% in Q1 2009 - Guy Carpenter
Total Catastrophe bond issuance for the first three months of the year fell 6.5% to $575m, research from Guy Carpenter has shown.
Axa Assistance renews partnership
Axa Assistance has renewed its partnership with Footman James after signing a new two-year motor breakdown deal.
Brit appoints property liability class underwriter
Brit Insurance has appointed Neil McMillan as its class underwriter for the property liability arm of its Global Markets business.
Brit grabs underwriter from Canopius
Brit Insurance said it has appointed Neil McMillan as class underwriter for property liability with its global markets business.
Insurers lacking 'overall view of the business' in risk management
A number of insurers have not invested in methods of managing risk exposures throughout the company, an Economist Intelligence Unit survey and research paper has revealed.
Provider warns islanders to mind the healthcare gap after new UK ruling
Channel Islanders visiting the UK should be aware of the risk of costly medical bills following the UK's decision to withdraw access to free NHS care from residents of Jersey, Guernsey, Alderney, Sark and Herm, says AXA PPP Healthcare.
More than nine in ten IP claims paid by Aegon SE
Aegon Scottish Equitable has published its income protection claims statistics for 2008, revealing that it paid out 93% of claims.
PFS rolls out RDR study groups
The Personal Finance Society (PFS) is rolling-out a series of regional study groups to help its members prepare for the Diploma in Financial Planning exams.
Going to the Biba conference - then twitter with us
As the media partners for this year's Biba Conference in Manchester - and producers of the conference's daily newspaper - Post Magazine/Insurance Age and PB's group editor in chief Ant Gould has set up a twitter account for you to share your views both…
Towergate launches SME Energy Certification service
Towergate Partnership has launched a new Energy Certification service designed to help SME's meet the requirements of the European Energy Performance Buildings Directive.
Berkshire loses top rating from Moody's
Ratings agency Moody's has cut its credit ratings on Omaha, Nebraska-based Berkshire to Aa2, and cut to Aa1, its ratings on Berkshire's reinsurance subsidiary National Indemnity Co and bond insurance arm Berkshire Hathaway Assurance Corp.
Four property underwriters quit QBE for Liberty International Underwriters
Four senior underwriters, and one other member of the 30-strong London Endurance Risk Practice team, who were due to relocate to QBE , are understood to have left the company. Industry sources told Reinsurance the five were destined to join Liberty…
Heath Lambert lands Targetfollow deal
Heath Lambert Group has been appointed to place the general insurance of commercial property company Targetfollow.
GAB Robins UK appoints new casualty director
GAB Robins UK has appointed Kim Alcock as its new casualty director with immediate effect.
Validus to use all available means to win IPC bid
Validus Holdings has responded to the IPC board decision yesterday to support the original Max Capital bid for the Bermudian company rather than its own rival offer.
Purple and Allianz launch small business facility
Purple Partnership has joined forces with insurer Allianz to launch a new small business proposition for its members.
Chubb promotes trio in personal lines division
Chubb Insurance has made three promotions in its personal lines division – Phil Kay as senior underwriter on the Signature (ultra high net worth) team, Krina Patel as senior technical underwriter and Hayley Palmer as a senior underwriter.
Tradesman product launched
APC is to launch its bespoke Tradesman product later this month.
Ironshore specialty gains McAuliffe and Beauvais
Two former AIG heads have joined Ironshore. Tim McAuliffe and Ben Beauvais have joined Ironshore to take on the roles of president and senior vice president of the specialty casualty unit respectively. McAuliffe will be based out of New York and report…
Bollington links up with VSIB
Bollington has entered a joint venture with the Vehicle Systems Installation Board to offer tailored cover for its members who are accredited installers of security systems.
Upward swing in D&O sales continues says Marsh
Concerns about the global economy, shareholder action, litigation, and the increasing engagement by regulators are fuelling demand for Directors' and Officers' insurance, according to Marsh.
Kidnap insurance soars as piracy escalates
Shipowners navigating the Gulf of Aden are seeing insurance premiums for kidnap and ransom increase tenfold as piracy escalates, according to Aon Risk Services.
Helphire to raise £50m
Helphire has announced plans to raise £50.0m by means of the placing and open offer.
Time to test yoursel
A selection of topical questions from the question banks of Ed.Learn - the CII's online training resource