News
Swiss Re wins Brazil licences
Swiss Re America and Swiss Re have obtianed official admitted reinsurer licences from Susep, the Brazilian insurance regulator.
Benfield invests $50m in captial markets vehicle
Benfield Group has made a cash investment of $50m into Juniperus Insurance Opportunity Fund which will be managed by Juniperus Capital.
Hawker resigns as IAG chief executive
Michael Hawker has resigned as chief executive of Insurance Australia Group.
Deloitte appoints former NU internal audit expert
Deloitte has appointed Kevin Patience as a director in its financial services practice.
DFI launches free claims service
Online insurance platform Direct Fleet Insurance has launched a free claim and accident handling service.
Lord Lipsey joins the FSA
The Financial Services Authority (FSA) has appointed Lord Lipsey to take over as chairman of the Financial Services Consumer Panel.
Heath Lambert makes commercial affinity appointment
Heath Lambert’s new commercial affinity and select business division has appointed Richard Woodall as business development executive.
Fortis boosts underwriting team
Fortis has appointed Ron Munro as underwriting development manager.
Omega reports trading success
Lloyd’s (re)insurer Omega says trading in 2008 is strong and in line with directors’ expectations.
Act promts AIG UK to extend D&O
AIG UK has launched a corporate manslaughter entity cover for its private company directors’ and officers’ clients.
IFS School of Finance agrees underwriting partnership with Abbey
The IFS School of Finance and Abbey have agreed a partnership for the training and accreditation of all Abbey's underwriting staff.
Most SMEs failing to protect business, according to research
Some 60% of small and medium sized enterprises in the UK do not have the right form of business protection in place for their ‘key’ staff if they fall sick or die, according to research.
Ibeson appointed Catlin UK CEO
Specialty (re)insurer Catlin has announced that David Ibeson, currently chief executive of the Catlin Syndicate at Lloyd’s, has also been appointed chief executive of Catlin Insurance Company UK. This follows the resignation of Andreas Loucaides, former…
PB Week: Commission disclosure on the agenda in Parliament
The week started off with Brit holding its first editor’s dinner on Monday night – although the conversation occurred under Chatham House rules I can confirm the food, company and debate were of the highest quality writes Andrew Tjaardstra, editor of…
NU strategic review could impact jobs, claims report
Four-hundred staff at Norwich Union could be impacted by plans to outsource part of the company's IT operation.
Canopius sees profit jump to £33m
Privately-owned Lloyd's insurer Canopius has reported a profit before tax of £33m in 2007 – a 27% rise on 2006 - on gross written premiums increased of £455m (2006: £241m).
Members approve Lloyd's Act reforms
Lloyd's has voted to amend the Lloyd's Act 1982 by means of a legislative reform order.
ABI meets with Darling
The Association of British Insurers put the Chancellor Alistair Darling in the hot seat on issues such as tax and flooding at yesterday’s board meeting.
Allianz Commercial sets up new team
Allianz Commercial has strengthened its small business proposition with the establishment of a specialist pricing team.
£42bn general insurance market opens to travel trade
Travel firms have the chance to capture a slice of the £42bn general insurance market, following changes in the Financial Services Authority rules according to Acumus Insurance Solutions.
Law firm highlights broker procurement trend
British businesses are saving millions of pounds by turning to a new breed of expert to regain control of their insurance arrangements, according to law firm O’Connors.
Ironshore still wants to buy into Lloyd's
Even after losing out on Heritage to Bermudian competitor Argo, Ironshore is still on the look out to buy a Lloyd’s operation, Reinsurance understands.
Brit makes global markets appointment
Brit has appointed Jonathan Nunes-Carvalho as divisional underwriting director, property and space, in its global markets division.
Broker Ropner bolsters non-marine team
Broker Ropner has strengthened its non-marine team with the recruitment of Christopher Barry.