News
QBE ousts AIG as it signs six-year Network Rail deal
QBE has signed a six-year contract with Network Rail that will result in the insurer taking over pro...
Powell becomes chartered
Powell Insurance has become the latest broker to be awarded chartered status by the Chartered Insura...
Loucaides leaves Catlin UK CEO role
The inaugural chief executive officer of Catlin UK has resigned from the company. Andreas Loucaides...
Post Pick of the Week
Post editor Jonathan Swift and online and supplements editor Stephanie Denton look at the week's major general insurance news. This week: Former Axa CEO Peter Hubbard looks to return to the market; AIG's CEO outlines his views on the motor market as RBSI…
Heartland Group scoops CII accolade
The Chartered Insurance Institute has awarded the Chartered Insurance Brokers’ title to Heartland Group.
Allied World launches two new specialist US units
Bermudian (re)insurer Allied World Assurance Company has launched two specialist units in the US - Allied World Brokerage and Allied World Specialty.
Aon aims to boost sales
Aon aims to boost sales performance with the implementation of a new system.
Guy Carpenter appoints new Americas CEO
Guy Carpenter, the reinsurance broking arm of Marsh and McLennan, has appointed Andrew Marcell to lead its Americas broking operations.
GE Money Home Lending selects Heath Lambert to provide home insurance
GE Money Home Lending, the UK specialist lender, has selected Heath Lambert Group, to offer its customers a competitive new home insurance product.
Axa warns homeowners over downturn
Nearly 16 years since the last major economic downturn in the UK, research published by Axa claims UK homeowners have failed to learn the lessons of 1992
AIG CEO says credit market needs liquidity
The credit market is in need of liquidity if it is to get out of the doldrums, AIG’s chief executive Martin Sullivan has said.
Jubilee and Cassidy Davis in City move to allow growth
Jubilee Managing Agency and Cassidy Davis, the specialist personal lines Lloyd’s insurer, have announced their relocation to new, larger offices in the City of London.
Business and Domestic Launch “Lifestyle Protect”
Business and Domestic Insurance Services have launched a Lifestyle Protect Insurance product across the Motorway Direct Group, one of the fastest growing warranty companies in the UK since its launch in 1996.
Generali pulls out of battle for RBS
Generali has withdrawn from the race to buy the insurance arm of Royal Bank of Scotland, according to the Financial Times.
Aon settles $4m contingent commission suit with Florida
The Florida authorities have reached a settlement with Aon relating to undisclosed compensation in connection with the placement of insurance coverage on behalf of Florida policyholders.
SCA parts company with CFO Shea
Security Capital Assurance, the troubled US monoline bond insurer, has parted company with chief financial officer David Shea and replaced him with former XL CFO Elizabeth Keys.
Lockton takes JLT exec to head Singapore office
Global broker Lockton has hired Tony Mitchell to head its office in Singapore, Reinsurance has learned.
Citizens $440m cover attracts big hedge fund support
Citizens, the Florida state-owned insurer of last resort, is close to seeing a 1st June $440m reinsurance placement completed by reinsurance brokers Benfield, Reinsurance understands.
FSA seeks to improve transparency
The Financial Services Authority has published a discussion paper, which explores the creation of a framework for determining what further information the regulator might publish about firms and industry sectors.
RPC CEO steps back in shake up
Reynolds Porter Chamberlain has appointed corporate partner Jonathan Watmough as full time managing partner. Chief executive Adrian Martin steps back to advise the firm as a consultant. Richard Emanuel joins the firm as chief operating officer.
Liverpudlian broker gains chartered status
Liverpool-based broker Powell Insurance has been awarded chartered status by the Chartered Insurance Institute.
Willis takes Aon exec for US aerospace leadership team
Willis has announced the appointment of Neil Getter to the Willis Aerospace leadership team as executive vice president, Willis of New York, effective immediately.
Aon receives licence from Saudi Arabian Monetary Authority
Aon claims to be one of the first international brokers to be awarded a licence by the Saudi Arabian Monetary Authority, in accordance with the provisions of the kingdom’s Insurance Law 2004.
FSA requests further information on transparency
The Financial Services Authority (FSA) has published a discussion paper exploring the creation of a framework for determining what further information the regulator might publish about firms and industry sectors.