News
Acumus buys Fortress Underwriting
Acumus Insurance Solutions, part of the UKU Group, has paid an undisclosed sum to acquire Bristol and Exeter-based Fortress Underwriting.
Dual expands in Hong Kong
Dual International has announced that it is to open a new office in Hong Kong.
Aegis London grows cargo team
Aegis London, the UK-based subsidiary of Associated Electric and Gas Insurance Services, has appointed Frank Chu as cargo underwriter.
AIG restructures UK operation
AIG UK has announced plans to consolidate its property, liabilities and combined businesses into one division under the leadership of Jason Harris.
Liberty appoints general manager for France
Liberty International Underwriters has appointed Olivier Muraire as general manager of its operations in France.
South Korea's Meritz Fire & Marine looks to acquire non-life insurer
BESTWIRE -- South Korea's Meritz Fire & Marine Insurance Co. is looking to acquire another nonlife insurer, First Fire & Marine Insurance Co., through negotiations with First Fire's largest shareholder.
Glacier appoints Pahle as senior space underwriter
Glacier Insurance, the European (re)insurer, has appointed Morten Pahle as its senior space underwriter, based in London.
RBS issues statement as it is linked with insurance sell off
Speculation has resurfaced that Royal Bank of Scotland could sell its insurance business as it looks to bolster its balance sheet.
Novae hires Tracy Lee Kus for financial services team
Novae has strengthened its financial institutions (FI) team with the appointment of underwriter Tracy Lee Kus.
CGI launches online kiosk for brokers
CGI has launched an online self-service kiosk for its account reconciliation centre.
New recruit joins Cunningham Lindsey
Cunningham Lindsey UK has appointed Andy Smith as national recoveries manager.
Post readers to have their say
Do you have strong opinions? As of today you can share your views with the rest of the insurance community as postonline.co.uk is now inviting subcribers to provide instant feedback on what they are reading.
Axa forms partnership with Audatex
Axa Insurance has appointed Audatex UK as its preferred provider of vehicle damage estimating and motor engineering workflow management solutions.
Besio becomes Aon's chief administrative officer
Aon Corporation said that Greg Besio, currently serving as executive vice president of global strategy, has taken on the chief administrative officer's role for the US broking giant.
Esteban stands aside at Aon Re Iberia
40-year Spanish and Latin American reinsurance market veteran Javier Esteban is to stand down from his role as chief executive of Aon's Spanish and Portuguese operation, Aon Re Iberia, Reinsurance has learned.
Ace claims 'first' in pension trustees liability move online
Ace Europe has launched its Elite Pension Trustee Liability product on the company’s e-commerce platform - ACE Online, claiming this makes it the first insurer to offer brokers a full cycle online PTL solution.
Insurer boosts underwriting and marketing teams
Legal expenses insurer Arag has strengthened its underwriting and marketing teams with two new recruits.
RGA says Q1 net income halved
Reinsurance Group of America, the US life reinsurer, said that its first quarter net income more than halved compared to this time last year, after higher-than-expected level of mortality claims.
Munich Re in Carbon Re partnership
Munich Re said it will partner with greenhouse gas solutions company Carbon Re Switzerland in a move that will provide additional direct insurance capacity to the carbon markets.
China's top two domestic insurers see double-digit Q1 premium growth
BESTWIRE----China's top two domestic insurers reported double-digit premium gains in the first quarter.
Broker Network launches associate programme for brokers
Broker Network today launched BN Associate, which it has described as the alternative network proposition for UK independent brokers.
PB Week: All change at Axa
Blimey. Senior management changes are like buses at Axa. There are none for ages and then two come along at once. First, Peter Hubbard suddenly announces he is leaving Axa to “pursue other interests”, then Mark Cliff, markets managing director, declares…
Insurance premiums stall, AA Index finds
Premium hikes widely predicted for both car and home insurance because of increasing costs and the aftermath of last year’s flooding are not being realised, according to the latest benchmark AA British Insurance Premium Index.
New PPI policy for debt advisers
A new payment protection insurance policy for debt management advisers has been launched by Paymentcare.co.uk.