AIG
Chartis names head of European risk management group
Chartis has appointed Jonathan Groves head of its Continental European risk management group which has staff in London, Paris, Brussels, Rotterdam, Milan, Dublin and Copenhagen.
Jubilee names affinity and special risks underwriter
Jubilee has appointed Warren Campbell as an affinity and special risks underwriter at the Lloyd’s insurer.
Large corporate risks - Global compliance: Could a central rules database help?
The global insurance compliance headache for large corporates operating in multiple jurisdictions is only intensifying. Veronica Cowan explores if and how a central rules database could help.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Lloyd's & London Market - Remuneration: War of the words
Lloyd's brokers are on the defensive after controversy surrounding commissions and fees re-emerged. But as underwriters demand clarity once and for all, are buyers happy as long as premiums stay low and their own charges stay transparent? Ralph Savage…
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.
Chartis MD takes up board role with Lloyd's insurer Ascot
Ascot has appointed two new executive directors, Yvonne Keyes and Mark Smith, and one new non-executive Director, James Shea, all of whom joined the board of Ascot Underwriting this month.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.
Chartis responds to SRA decision to scrap the ARP in 2013
Insurer Chartis has responded to the Solicitors Regulation Authority’s decision to replace the Assigned Risks Pool in 2013 with a system where insurers offer a three-month extended policy period to firms who cannot obtain professional indemnity insurance…
View from the Top: Swedish insurers take a chance on art (Monet, Monet, Monet)
The Swedish insurance market has traditionally been dominated by five large players, If P&C Insurance, Codan, LF Insurance Group, Zurich Insurance and Chartis, which together account for over 85% of market’s annual premium income.
Overseas focus - China: a market of opportunity?
With an enormous population and low insurance penetration, China should be a market ripe for entering. Jakki May finds out it isn't as simple as it sounds but reveals an appetite for change and growth.
Chartis to hand fraud file to police
Chartis has issued instructions for a file to be handed to police relating to a £200 000 motor insurance fraud case.
E-business: Free insurance idea floated by Dual Corporate Risks boss
Giving away insurance for free and generating income through other products could prove a savvy move for insurers in the future, argued Tim Grant, head of e-business at Dual Corporate Risks.
XL looks to Ace Europe for new French boss
XL Insurance has appointed Kadidja Sinz as country manager for France. She succeeds Guy Lallour who is retiring in May.
Chartis quake losses to reach $700m
Insurer Chartis has predicted losses of at least $700m (£431m) from the recent earthquake in Japan.
Insurers shut Bahrain offices
A host of international insurers have closed their offices in Bahrain as civil unrest continues to sweep through the Gulf state.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
Chartis web app launches
Chartis has launched a web app for two of its SME products, so brokers can obtain speculative or last-minute quotes while on the move.
Chartis launches app for SME products
Chartis has launched a web app for two of its SME products so brokers can obtain speculative or last minute quotes on the move.
Chartis records $4bn loss in Q4 2010
Chartis reported a fourth quarter operating loss of $4.0bn, due to reserve additions net of discount and loss sensitive premium adjustments of $4.2bn, compared to a loss of $1.8 bn in the fourth quarter of 2009.
View from the top: Time to be more vocal
Simon Cowell would have us believe that Britain's Got Talent. However, studies suggests it's not flocking to the insurance industry. A year ago, the Chartered Insurance Institute published the results of a survey that indicated that 83% of students…
Directors' & Officers': A market hampered by soft rates and over capacity?
The number of insurers looking to grab a piece of the SME directors' & officers' market shows no sign of slowing. Amy Ellis reports on the attraction of a market still hampered by soft rates and over-capacity.
Chartis names new head of UK operations
Chartis has named Kate Roy head of UK operations. Ms Roy’s remit will include delivering a consistent approach across the different operational functions in the UK, as well as leading the service proposition and driving operational compliance.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.