AIG
Chartis reveals Bric attraction
Chartis UK major accounts practice has surveyed clients on the opportunities and threats they perceive for their operations in Brazil, Russia, India and China.
XL names new Nordic chief
XL Insurance has appointed Peter Wullimann as its new country manager for the Nordic region.
XL names new Nordic chief
XL Insurance has appointed Peter Wullimann as its new country manager for the Nordic region.
Arista adds former Chartis manager to liability team
Commercial lines MGA Arista Insurance has appointed Tony Collman as head of liability underwriting.
Fraud - travel database: Share and share alike
Though shared services are seen as important cost-cutting tools, initiatives have often failed to deliver projected savings. Richard Barrett explains why this happens and how insurers can maximise their returns.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
AIG CEO: we can see the finish line after $3bn credit agreement
AIG has confirmed that it has entered into 364-day and 3-year bank credit facilities totaling $3bn (£1.94bn)split evenly between the two.
AIG fined for misreporting $2.12bn of workers comp premium
AIG and its workers compensation insurance affiliates have agreed to pay $100m (£65m) in fines to insurance regulators in all 50 states and the District of Columbia for alleged premium under-reporting, acting Pennsylvania Insurance Commissioner Robert L…
Jubilee appoints business development chief
Lloyd’s insurer Jubilee Managing Agency has appointed Nick Grazier as head of marketing and business development.
Zurich reaches ‘toxic sofa’ compensation compromise
Zurich has agreed a compromise settlement with a number of claimants in the ongoing ‘toxic sofa’ compensation battle.
‘Toxic sofa’ customers receive pay out
Axa, Chartis and Travellers have compensated more than 400 claimants in the ongoing £20m ‘toxic sofa’ legal wrangle.
Zurich names head of casualty for global corporate in North America
Zurich has announced the promotion of Brian Winters to head of casualty of global corporate in its North American business.
Cunningham becomes Airmic partner
Cunningham Lindsey has become the Association of Insurance and Risk Managers’ 16th corporate partner.
General insurer review of the year: The nearly year
Jonathan Swift looks back over 12 months in which many market- changing events didn't materialise and finds out what industry leaders think may be in store for general insurance in 2011.
Editor's comment: Fill in the Blancs
So with the country covered in the white stuff it was somewhat fitting that French insurer Axa unveiled the Amanda Blanc as its commercial boss.
Legal review of the year: Less doing more
Consolidation among insurance law firms was the hot topic for 2010, as they try to meet insurers' demands. Veronica Cowan reports on an interesting year.
Solicitors PI firms in the firing line as SRA begins ARP audit
A number of solicitors' professional indemnity insurers may see their declared premiums uplifted amid concerns cover was under-reported to avoid exposure to the assigned risks pool.
Chartis appoints new HNW boss
Chartis has named Guy Huntley as manager of the UK arm of its high net worth business Private Client Group.
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.
High net worth - distribution: Defending their niche
Following reports in Post that the mid and high net worth markets have been experiencing an increase in competition and downward pressure on rates, Ralph Savage discusses what reaction this has elicited from insurers and brokers in terms of their…
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Chartis revealed as largest solicitors' PI insurer at 2010 renewals
The Solicitors Regulation Authority has today confirmed that the total premium pool for the solicitor's professional indemnity market this year was £213.6m.
Chartis sees COR improve to 99.3% in Q3 2010, as AIG records $2.4bn loss
Chartis’ third quarter 2010 operating income before net realised capital gains (losses) was $1.1 bn compared to $719 m in the third quarter of 2009.