News
Cherkasky out at Marsh as performance dips
Marsh & McLennan Companies today announced today that its board of directors has initiated a search for a chief executive officer to replace Michael Cherkasky, who has served as president and chief executive officer of the company since October 2004.
New Lloyd's broker
Dublon Insurance Brokers is the latest insurance broker to be formed in the London market and admitted to Lloyd’s.
President of Lloyd's America resigns
Winifred "Wendy" Baker will step down as the president of Lloyd's America at the end of December after nine years in the role, according to a news report from AM Best.
Towergate's offer accepted by Broker Network shareholders
Towergate’s offer for the Broker Network (TBN) has been accepted by the majority of shareholders and declared ‘wholly unconditional’ by the London Stock Exchange.
IIB slams Economic Minister
The Institute of Insurance Brokers has criticised Economic Secretary Kitty Ussher after she claimed brokers were indirectly responsible for Independent Insurance credit card claw backs.
Lloyd's Spain receives award
Lloyd’s Spain has been awarded the ‘Sal’ award 2007 for its professionalism, corporate brand, proximity and support to the insurance intermediaries sector.
TV personality linked with bid for beleagured broking group
James Caan, the entrepreneur who sits on the panel of BBC2's Dragons' Den, is considering a bid for embattled property broking and services company Erinaceous.
Best turns negative on XL over SCA and 'below expectations' ERM
Rating agency AM Best has revised the outlook to negative from stable on the financial strength rating (FSR) of A+ and the issuer credit ratings (ICR) of “aa-”of Bermudian (re)insurer XL Capital Group and its members.
Norwich Union launches claims tracking service
Norwich Union has introduced a service which allows corporate clients to track trends in their workforce on group income protection claims.
XL bond insurers go negative as S&P sours on sector
As part of a negative move regarding the ratings of six bond insurers, ratings agency Standard & Poors (S&P) has placed the ratings of former XL subsidiaries, XL Capital Assurance Inc., XL Financial Assurance Ltd and XL Capital Assurance (UK) Ltd’s…
Run-off specialist in London IPO
Run-off specialist Randall & Quilter (RQIH), has announced its admission to the London Stock Exchange’s AIM market to help fund acquisitions and a move into the Bermuda run-off market.
Onwards and upwards
Women in financial services
Pick of the Week
Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post includi...
Brazil tops Lloyd's targets
Brazil is at the top of Lloyd's hit list for countries to expand its trading rights into in the latt...
Policyholders must accept flood cost burden
The Pitt Review
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
Appointment at Willis
Willis Group Holdings has announced Flavio Piccolomini, former chief executive officer of Willis Ita...
Appointment at Lockton
Eddie Monteith has joined the Houston office of Lockton. Mr Monteith will be a senior vice president...
Arista looks for £5m from Manchester office
Arista has said it hopes to write £5m of business from its new Manchester office next year as part o...
Aviva delay sparks talk of major Indian offshore U-turn
Aviva has delayed the transfer of two offshore centres into its own global services arm, sparking sp...
Appointment at Pricewaterhouse Coopers
Pricewaterhouse Coopers has named Clare Thompson as head of the risk advisory services group. Ms Tho...
Appointment at Liberty
Liberty International Underwriters has appointed Shazia Aslam Rafique as assistant vice president fo...
ABI demands government sits up and listens
The Pitt Review