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Axa XL

Market moves: Getting ready for the fourth quarter

Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…

Top 100 UK insurers supplement: Steadying the ship

After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.

Insurance Insight weekly update live

Insurance Insight’s weekly update is live with an article on the pitfalls and opportunities with exporting to the US; and a View from the Top the different approaches being adopted for environmental liability.

AM Best affirms XL ratings

AM Best has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of the holding company, XL Group plc (XL) (Ireland) led by XL Insurance (Bermuda) Ltd (Hamilton, Bermuda).

Catlin praised for community commitment

Bosses at Catlin Underwriting Agencies were last night presented with the ‘Heart of the City’ award for their efforts in helping to transform a failing inner-city school.

XL Insurance expands middle market

XL Insurance is to expand its middle market offering to UK companies with a turnover between £25m and £250m. It will include international coverage if required.

Disaster recovery - SME: Dealing with disaster

SMEs would flounder in the face of a disaster, with a large proportion going out of business completely. Edward Murray asks why, therefore, it remains so hard to get them to engage with disaster recovery planning.

Mitsui poaches Catlin pair in Midlands market push

Mitsui Sumitomo has enticed an underwriting duo from Catlin to spearhead its regional mid-market push in the Midlands, Post has learnt, having earlier lured a team from Chubb to build its presence in Ireland.

Novae hurt by catastrophe losses

Novae said half-year catastrophe losses added 20% to its combined ratio, taking it to 111% and causing a pre-tax loss of £30.1m (H1 2010: profit £13.8m).

Catlin warns of catastrophe losses

Catlin has said $534m in losses from catastrophes added 32% to its combined operating ratio, taking it to 117% for the first half of 2011.

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