MS Amlin
Mitsui steps up mid-market regional push
Mitsui Sumitomo is poised to open its doors in Birmingham as part of its regional mid-market push, ahead of the unveiling of its new property-led product for this target segment in quarter four. The news follows last month's four-strong recruitment in…
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
ACI names chief executive
Amlin has appointed Kim Hvirgel as the new chief executive of its wholly owned Netherlands-based subsidiary, ACI.
Amlin sees GWP rise by 13.7%
Amlin saw its gross written premium (before deduction of brokerage) up 13.7% for the four months ended 30 April 2011 at £1.1bn (30 April 2010: £964.0m).
ACI names chief executive
Amlin has appointed Kim Hvirgel as the new chief executive of its wholly owned Netherlands-based subsidiary, ACI.
Aviva unveils corporate risk team
Aviva has revealed the senior structure of its corporate risk and speciality business.
Allied World plans Glasgow branch after Chubb defection
Magnus McGurk has left his role as Chubb's financial lines boss in Glasgow to join Allied World Europe, with a view to setting up a new operation in the city.
European insurers call for Solvency II non-compliance fines
European insurers would like to see the European Insurance and Occupational Pensions Authority fining regulators where Solvency II is not applied equally across the European Union.
Mitsui confirms expansion into Ireland with Chubb defections
Mitsui Sumitomo at Lloyd’s has confirmed it is to establish branches in Dublin and Belfast as part of its expansion plans.
Mitsui confirms expansion into Ireland with Chubb defections
Mitsui Sumitomo at Lloyd’s has confirmed it is to establish branches in Dublin and Belfast as part of its expansion plans.
Chubb Ireland hit by senior defections with Mitsui tipped to benefit
Chubb has confirmed four key employees are leaving its operations in Ireland.
Chubb Ireland hit by senior defections with Mitsui tipped to benefit
Chubb has confirmed four key employees are leaving its operations in Ireland.
Amlin reveals possible $150m Japan quake exposure
Lloyd's insurer Amlin has outlined its initial first quarter claims estimates for the disasters in Japan, Australia and New Zealand.
Mitsui issues timber frame warning
Mitsui Sumitomo has warned property owners of the dangers of carrying out extensive repairs on timber frame buildings.
Amlin Corporate CEO to step down
Amlin Corporate Insurance chief executive Patrick Coene is to stand down on 30 June.
Amlin Corporate CEO to step down
Amlin Corporate Insurance chief executive Patrick Coene is to stand down on 30 June.
Mitsui Sumitomo establishes disaster control HQ
Mitsui Sumitomo chief executive, Andrew McKee, has given an update on the situation in Japan.
Professional lines boss departs Aspen
Aspen has parted company with head of professional lines Nick Evans, Post Online understands.
Novae: UK corporation tax may force us to redomicile
Novae chief executive Matthew Fosh has said the UK’s economic landscape is set to force the insurer to redomicile, so it can remain competitive and yield bigger returns for shareholders.
Amlin blames earthquakes for £250m drop in profit
Amlin will monitor rate increases in earthquake zones in 2011, after blaming significant catastrophe activity for a £250m drop in profit for 2010.
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.
Amlin hit by retro quake losses
Amlin’s results “beat consensus”, albeit driven by reserve releases, while its 88% combined ratio in difficult conditions was “impressive”, according to analysts at Jefferies International.
Mitsui Sumitomo at Lloyd’s launches claims charter
Non-life insurer Mitsui Sumitomo at Lloyd’s has launched its first claims charter as part of a drive to enhance the service delivered to brokers and their policyholders.
Amlin blames quakes for falling 2010 profits
Lloyd’s insurer Amlin has recorded a profit before tax of £259.2m for 2010 (2009:£509.1m), after £203.6m of losses from both the Chile and New Zealand earthquakes.