Ace
Why US Federal Excise Tax matters to Europe
The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.
Ace estimates Japan losses of up to $250m
Insurer Ace has predicted net post tax losses from the Japanese earthquake of between $200m (£124.3m) and $250m.
People moves – 10 March 2011
A round-up of people moves and new appointments in the industry, as featured in the 10 March 2011 edition of Post.
ELTO pushes for 100% coverage
Ace has become the final major insurer to sign up to the employers’ Liability tracing Office.
LMIE aims for slice of mid-corp market
Liberty Mutual insurance Europe is targeting rivals Ace and Chubb for a larger slice of the mid-corporate market - a sector it believes will act as a “springboard” into the wider UK market.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Penny Black's insurance week
Penny was uncertain as to how her colleagues would fare when they turned their hands to cocktail-making at an Ace Europe masterclass in the City.
Ace appoints multinational claims client executive
Ace has appointed Graham Chesman as multinational claims client executive for the Ace European group.
Ace shuffles European management team
Ace has made a raft of changes to its management team across Southern Europe.
Combined under sales moratorium following FSA inquiry
Combined Insurance has been faced with a sales moratorium since October 2010 following a Financial Services Authority inquiry into its sales practices.
Post Europe: Affinity insurance in Central and Eastern Europe ripe for picking
There are undeniable signs that affinity markets in Central and Eastern European markets, including Poland, the Czech Republic, Slovakia, and Hungary, are ripe for expansion. However, as Jane Bernstein discovers moving in to tap this market might not be…
Combined Insurance staff in redundancy talks
The UK staff of Ace-owned Combined Insurance will undergo redundancy talks after the firm stopped accepting new business.
Ace promotes Christmas
ACE has confirmed the appointment of Paul Christmas as international casualty manager for UK & Ireland, replacing Adam Mason who has assumed a new role within the ACE overseas general casualty management team.
People moves - 20 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 20 2011 edition of Post.
Postscript - Five years ago: Insurers eye Football League claim
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
Ace appoints head of transport risk management
Ace has appointmented Phil Skelton as head of transportation risk management for its overseas general operations.
Canopius to plant flag in Switzerland
Canopius Group has revealed plans to establish a reinsurance underwriting platform based in Zurich.
Canopius to plant flag in Switzerland
Canopius Group has revealed plans to establish a reinsurance underwriting platform based in Zurich.
MMC boss Duperreault acclaimed as Insurance Hall of Fame winner
The International Insurance Society has announced Brian Duperreault, president and CEO, Marsh & McLennan, USA, as the 2011 Insurance Hall of Fame winner.
Cunningham becomes Airmic partner
Cunningham Lindsey has become the Association of Insurance and Risk Managers’ 16th corporate partner.
Ace opens new Watford office
Commercial property and casualty insurance company Ace has opened a larger premises in Watford.
Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.
Post Europe: Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.