Axa XL
XL launches five-strong product suite
The XL Group has today launched a suite of five products designed partly to respond directly to clients' concerns about clarity and certainty in the claims notification process.
Four candidates win place on LMA board following 2012 election
The Lloyd's Market Association has named four successful candidates in the 2012 election for membership to its board.
XL allows collateral trusts in place of letters of credit
XL Group is now accepting collateral trusts in lieu of letters of credit used as collateral for corporate deductible and captive insurance programmes in the UK.
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Hampden Underwriting posts a loss but vows to raise cash
Hampden Underwriting has posted a net loss of £387 000 (2010: £132 000) in its full year results citing last year’s catastrophes as the cause but the chairman has pledged to raise capital.
MySlipcase social network launched for insurers and reinsurers
A former Willis broker has set up an online business networking platform for the insurance and reinsurance industry called MySlipcase.
Market moves: IFB adds four to team
With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator – into its team.
Catlin posts Q1 GWP of $1.6bn
Catlin Group reported a 12% increase in gross written premiums to $1.6bn in the first quarter.
Catlin GWP up 12% as rates rise across portfolio
Catlin has announced a 12% rise in gross written premium in the first quarter to $1,642m (Q1 2011: $1,465m).
XL net income jumps to $227.3m after Q1 loss last year
XL has posted an operating net income of $165.2m for the first quarter, a slight increase on last year’s $163m but it has turned around its net income from a $227.3m loss to a $176.6m profit.
Insurance Insight - Fueling growth
Recent deals struck in Asia by the likes of Axa, QBE and Catlin, looking to expand their footprints in the region, have highlighted the insurance industry's growing activity in the continent, and so, we take a closer look at the markets here and ask what…
Election grips Lloyd's Market Association
The Lloyd's Market Association is facing the most competitive election in its 11-year history for four new members of the governing body.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Editor's comment: The lure of Lloyd's
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international…
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.eu over the past seven days.
Catlin given the go-ahead for Beijing office
Lloyd's reinsurer Catlin Group has been granted approval by the Chinese Insurance and Regulatory Commission to open a wholly owned representative office in Beijing.
Catlin to open Beijing office
International speciality property and casualty insurer and reinsurer Catlin has been granted approval by the China Insurance Regulatory Commission to open and operate a wholly owned representative office in Beijing.
XL aims for 'nimble' business with restructure of International casualty unit
XL Group has restructured its International Primary Casualty business into four teams to be more nimble.
XL restructures international primary casualty business into four groups
The insurance segment of XL Group has reorganised its international primary casualty business, creating four teams built around underwriting tasks and account type.
XL Bermuda boosts D&O risks covered
XL Insurance (Bermuda) has boosted it D&O cover to pay for independent directors’ defence costs in the US under Sarbanes-Oxley and Dodd-Frank and the UK Bribery Act.
Market moves: UK General and Towergate lead the pack
Insurer UK General and broker Towergate were the main movers and shakers this week, appointing a new chief operating officer and director of group mergers and acquisitions respectively.
Claims Awards 2012 shortlist announced
Insurers RSA and Sterling lead the way in nominations for the 2012 Claims Awards with three each.
Market moves: Insurers are the main movers
Insurers were, once again, the main movers and shakers this week, Ecclesiastical leading the way with the appointment of four new directors, while Allianz, QBE, XL and Arc Legal also welcomed new staff.
XL Group recruits AGCS risk head
XL has appointed Roland Brandt as property underwriting manager for risk management, analytics and innovation for the international region.