Axa XL
XL leader moving to Sydney office
XL Group senior client and distribution leader Jonathan Mead is moving to the company’s Sydney office for a new role.
XL set to slash solicitors' PI market share
XL has confirmed it will “significantly reduce” its market share in the solicitors' professional indemnity market in the upcoming renewal season.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its first half profits for 2013 scythed by more than one-third following a steep drop in its net investment income.
XL Group appoints RSA's Jenkins as underwriting manager
XL Group has appointed Simon Jenkins as its underwriting manager for general property in the UK.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its H1 profits scythed by more than a third following a steep drop in its net investment income.
Direct Line cost drive 'crucial' as premiums drop
The latest AA index shows competition is intensifying and makes Direct Line's cost efficient drive 'crucial' according to Westhouse analyst Joanna Parsons.
XL appoints David Guest in crisis role
XL has appointed David Guest as underwriting manager, crisis management, Asia.
Post Audio Supplement - 11 July 2013
Too busy to read the magazine or website? Want a quick update on the latest news?
XL insures train-owner at centre of Canada derailment
XL has confirmed it insurers the owner of the train that derailed in Quebec, Canada this week.
Airmic’s basis contract clause campaign bolstered by heavy hitters
Lloyd’s market remains reticent to address elimination of avoidance clauses.
Haste tipped for the top at Lloyd’s as insiders claim job ‘is his for the taking’
Ward praised for maintaining strength of market during tenure.
Takaful: The Islamic state
Despite centuries of tradition and an estimated worldwide value in the billions, Takaful insurance, grounded in sharia‑compliant practices, has struggled to find traction in the UK.
Catlin cutting up to 25 regional roles
Lloyd’s insurer Catlin is to cut between 10 and 25 roles as it looks to redevelop the way it does business in the UK regional market.
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
Tesco Bank launches telematics offering
Tesco Bank has launched a telematics product for drivers aged 17 to 25. The product is administered by Insure The Box and underwritten by Catlin and Great Lakes Reinsurance.
XL Group unveils new head of capital management
XL Group has appointed Philip M. Jacobs as global head of capital management, corporate development and tax.
View From the Top: CSR not just the icing on the cake
Corporate Social Responsibility is a phrase which has become increasingly heard in the boardroom over the past decade. Whole sections of annual reports outline to investors what CSR activities firms are undertaking and some companies have set up CSR…
Singapore's appetite for construction
Singapore is in the middle of a construction boom as the government seeks to dramatically increase the city's population. Justin Harper finds out the implications for Singapore's insurance industry.
Brit enters political & credit risk market
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
McGavick replaces von Bomhard as Geneva Association chairman
Michael McGavick, the chief executive of XL Group, has been elected chairman of international insurance think tank The Geneva Association.
Risk management: Mapping risk
The industry consensus is that Airmic’s planned global compliance database would be highly beneficial to all parties – so why is it proving so difficult to bring to fruition?
XL launches new products for Irish financial firms
XL Group has launched five new insurance products for financial institutions in Ireland, which they say address firm's reliance of on IT infrastructure for services and distribution.
Career File: Daniel O’Connell, XL
Ex-army captain takes on war underwriting role