News
Lloyds TSB and HBOS tie-up aims for £1bn yearly savings
Lloyds TSB and HBOS have reached agreement on the terms of a recommended acquisition by Lloyds TSB of HBOS.
RMS ups insured loss estimates from Ike to $7-12bn
US modelling agency RMS has upgraded its US onshore and offshore insured losses from Hurricane Ike to $7-12bn from its original estimate of $6-16 bn.
Whittington hires independent non-executive chairman
Lloyd’s managing agent Whittington Capital Management, part of insurance investor and services provider Whittington Group, has appointed Tom Riddell as independent non-executive chairman.
Hiscox upgraded despite 'unsettled times'
Rating agency AM Best has upgraded Hiscox to A from A-. The rating covers Hiscox Bermuda, Hiscox UK and Hiscox Guernsey.
Lloyds TSB confirms take over of HBOS
Lloyds TSB has confirmed this morning that it will take over rival bank HBOS. The move follows the collapse of shares in HBOS which has 20% of the UK mortgage market. The move would also create a new top ten insurer in the UK .
Pick of the Week
Post editor Jonathan Swift looks at the major stories from the general insurance market. This week: A...
Appointment at Zurich
Zurich North America Commercial has appointed Richard Richiski as head of distribution and regional ...
Mike India Five wins Brownsword chase
Manchester-based surveillance specialist Mike India Five plans to boost turnover by 100% over the ne...
Ex-Guardian managers in new motor launch
A host of former Guardian Holdings directors are poised to launch an online insurance provider that ...
First Assist in travel deal
First Assist Insurance Services has signed a travel insurance deal with Sainsbury's Finance. The con...
Octopus ramps up commercial panel
A start-up commercial lead supplier signed up its sixth insurance partner this week and is looking f...
Innovations could cut legal costs for insurers
The Motor Insurers' Bureau is looking to introduce a range of innovations in its efforts to combat c...
Ecclesiastical aims to expand its broker reach
Ecclesiastical is planning to increase the number of intermediaries it deals with following the appo...
Aviva is hit for £270m
Norwich Union parent Aviva has revealed a "minimal equity exposure" to the collapse of Lehman Brothe...
Randall and Quilter deal
Randall and Quilter, the run-off management service provider and acquirer of solvent insurance compa...
Buy gives Oxygen subsidiary greater scope
Arthur J Gallagher has acquired Oxygen Insurance Managers - part of London market insurance intermed...
What the papers said this week
Telegraph The majority of travel insurance polices will not cover holidaymakers should their airlin...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from past-articles reveal
Appointment at Brokerbility
Former Aon director Ian Stutz has joined Brokerbility as managing director. Mr Stutz has held a numb...
Directories set for launch
Incisive Media has launched an early-bird offer for its 2009 Insurance Directories Package. Readers ...
Appointment at Integro
Integro has promoted two key executives in its Canadian division. Robert Dunn, managing principal an...
Websites losing customers
Motor and home insurers are missing out on online sales opportunities by failing to provide site vis...
Appointment at Chaucer
Chaucer Syndicates 1084 has appointed Chris White as head of its new energy division. Mr White was p...
Fitch puts Ike at the top
With estimates among the three major catastrophe modelling firms ranging from $6bn (£3.36bn) to $18b...