News
NU to unveil new fraud figures by end of May
Norwich Union Healthcare has announced it is confident of being able to accurately quantify its expo...
RSA unveils new brand
Royal and Sun Alliance considered six different names before eventually deciding on rebranding to RS...
KSF pushes PF sell-up
Kaupthing Singer and Friedlander has appointed an adviser and drafted an information memorandum foll...
Appointment at Highway
Broker-only insurer Highway has appointed Sandra Inglis as a regional account manager to cover Scotl...
Fortis CEO: sticking to guns cost us
Fortis chief executive Barry Smith has bemoaned the rating actions of rivals as the insurer increase...
Appointment at Brit
Brit has appointed Andrew Dodd as head of motor fleet within the London region. Mr Dodd has more tha...
Top 10 web stories
The top 10 most popular stories on postonline.co.uk over the last week were: 1. SBJ snapped up by i...
Appointment at Munich Re
Munich Re UK life branch has expanded its client management team with the appointment of Lee Lovett ...
Capital Gains Tax reforms criticised
The Capital Gains Tax reforms contained in today’s Budget have “caused a lot of confusion and uncertainty”, according to a business expert.
IAG acquires London broker
Insurance Australia Group's UK operation has acquired Isleworth-based corporate commercial broker, Barnett and Barnett and its subsidiaries.
Post pick of the week
Post reporter Alwynne Gwilt and supplements editor Stephanie Denton provide a run down of the major news in this week's issue of Post Magazine including: Insurers warn of ghost brokers in immigrant communities; VAT reforms could earn insurers millions;…
ABI demand Governent to spend green taxes on flood defences
The Association of British Insurers has called on the Chancellor to spend some of his green taxes on flood protection.
Chancellor announces 2008 Budget
Alistair Darling had mixed news for the protection industry in his first Budget speech as Chancellor of the Exchequer.
Brit Gibraltar reinsurance PCC successfully launches
Rockhampton Insurance has successfully commenced business in Gibraltar from 1 January 2008, and expects to write some £60m of reinsurance business through its first cell this year as revealed by Post in September last year .
Bell steps down as Open GI CEO
Chris Guillaume, research & development director of Open GI, is set to take charge as managing director with effect from 20 March. The change coincides with current CEO Phillip Bell’s decision to step away from a direct executive role.
Harbor Point in frame for Omega - sources
Bermudian (re)insurer Harbor Point may have Lloyd's insurer Omega in its sights, sources have told Reinsurance Magazine.
Willis Re wins broking account for Norwich Union
Willis Re has won the account to exclusively broker reinsurance for Norwich Union, Reinsurance Magazine has learned.
Montpelier appoints new CFO
Bermudian (re)insurer Montpelier Re Holdings has announced the appointment of Michael Paquette as chief financial officer, effective from May 1st 2008. Mr Paquette, who currently serves as Montpelier’s principal accounting officer, will keep his job as…
Hannover Re FY net income rises 42%
Hannover Re, the German (re)insurer, said that full year net income rose over 42% to €733.7m, up from €514.4m a year before.
Ace launches new PFI cover
Ace has launched a new comprehensive cover for private finance initiative contracts.
XL Insurance appoints chief underwriting officer
XL Insurance has appointed John Glancy as chief underwriting officer – a newly-created position.
White Mountains to buy out Berkshire Hathaway stake
Bermuda-headquartered (re)insurance group White Mountains has announced today that it has signed an exchange agreement with Berkshire Hathaway to buy substantially all of the common of Berkshire Hathaway’s 16.3% stake in the firm in a cash and run-off…
Flagstone to buy Imperial Re of South Africa
Bermudian class of 2005 start-up reinsurer Flagstone Re has announced that it is to buy 65% of South African reinsurer Imperial Re, a company it first teamed up with back in October 2007.
Giles in regional broker swoop
Giles has acquired three regional brokers in its first spending spree since securing £500m investment from its sale to Charterhouse Capital Partners.