Axa XL
BIA 2012: The Technology Award
Winner: XL Group XL Group’s deployment of a paperless, global claims system allows insureds to access real-time data from anywhere in the world, making claims handling easier and more cost efficient. Amy Ellis reports.
XL seeks to increase "regional presence" with German appointments
XL has expanded its underwriting team for middle market firms in Germany with the appointment of two senior underwriters.
Beazley boss Lewers joins Equinox Global
Lloyd's coverholder Equinox Global has appointed Adrian Lewers, pictured, as non-executive director.
British Insurance Awards Winners announced
The great and good in the UK insurance industry came together last night at the Royal Albert Hall to celebrate the industry's achievements over the past year, which saw LV crowned General Insurer of the Year.
British Insurance Awards Winners announced
The great and good in the UK insurance industry came together last night at the Royal Albert Hall to celebrate the industry's achievements over the past year, which saw LV crowned General Insurer of the Year.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
Management merry-go-round at Catlin Canada
The Catlin Group has appointed David Huebel as chief executive of the firm's Canadian operation, replacing Mike Hansen who will continue as the aerospace product group's global leader.
Market moves: New faces in the insurer space
The main movers and shakers this week were insurers, with a number of firms bringing in new faces, including HDI Gerling recruiting a new director, Axa Assistance naming a new deputy chief executive and Dual adding a manager for its new office in Austria.
Claims Awards 2012: The winners
A full list of the winners and runners up at the 2012 Claims Awards.
Tokio Marine expands Scottish team
Tokio Marine Europe Insurance has appointed Trevor McAuley to its marine cargo underwriting team, based in Glasgow.
Airmic 2012: Cover trumps price for global programme buyers
Some 97% of insurance buyers purchase a global programme based on certainty of cover and not price, XL research has revealed.
XL to write political and trade credit risks via Lloyd's platform
XL Group has received approval from Lloyd's to write political and trade credit risks using the Lloyd's platform via XL Group's Lloyd's Syndicate 1209.
James Hallam develops insurer ranking matrix
James Hallam brokers has developed a ranking matrix for all insurers it deals with.
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…