Axa XL
Catlin estimates $125m quake loss
Catlin Group has estimated that the 22 February 2011 earthquake near Christchurch, New Zealand caused its losses of $125m.
People moves – 10 March 2011
A round-up of people moves and new appointments in the industry, as featured in the 10 March 2011 edition of Post.
Exclusive aggregator content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the potential for aggregator growth in France; and XL's Stuart Essex on the pitfalls of European expansion.
Post Europe: view from the top
Many firms believe that expanding their geographic footprint will not only increase their roster of clients, but also make them less dependent on one region or sector. But with wider reach comes added risk and firms looking to diversify should guard…
View from the top: An endangered species?
CBS Moneywatch recently put underwriters on their list of 'endangered species', alongside travel agents, newspaper reporters and fashion designers (apparently we have too many of them). All were named among the 10 careers with 'no future.'
Catlin bolsters 2010 result with US$144m reserve releases
Catlin Group this morning reported a US$406m (£253m) pre tax profit before tax for 2010 (2009: US$603m).
Mobile technology - Brokers: How can technology benefit the way brokers do business
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.
XL GWP flat as underwriting income falls
Property and Casualty insurer XL has recorded a combined operating ratio of 94.8% for 2010 (2009: 93.6%), while announcing it has received approval to offer insurance in China.
XL Insurance makes senior underwriting appointment
XL Insurance has appointed Cristiana Báez-Safa as chief underwriting officer professional lines international.
Penny Black’s Insurance week
Stars don’t come much bigger than David ‘Goldenballs’ Beckham. And Penny was delighted to hear Becks was back in his homeland, enjoying the hospitality of his boyhood club Tottenham Hotspur.
Interview – Robert Hiscox: Opinions of the insurance industry
Robert Hiscox is never one to hold his tongue. When Daniel Dunkley met him to talk about current market conditions, he was as forthright as expected on the FSA, ABI, government policy and price-matching practices.
Natural catastrophes: A model example of assessing earthquake exposure
Earthquake costs are rising steadily. Jane Bernstein examines insurers' current use of modelling, recent event responses and solution sustainability.
XL names new Nordic chief
XL Insurance has appointed Peter Wullimann as its new country manager for the Nordic region.
Ipad first for London insurance market
The first electronic fully-placed contract via Ipad was exchanged today.
QBE sells US subsidiary to Catlin
Catlin has acquired Blue Ridge Insurance Company from QBE Insurance Group.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
People moves - 13 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 13 2011 edition of Post.
XL expands
XL has expanded its professional liability offering for architects and engineers after commencing writing on Lloyd's paper.
Ironshore launches new European platform with Allied World raid
Ironshore has announced the formation of Ironshore Europe, domiciled in Dublin, Ireland.
Ironshore launches new European platform with Allied World raid
Ironshore has announced the formation of Ironshore Europe, domiciled in Dublin, Ireland.
XL appoints underwriting chief
XL Insurance has named Matthias Horntrich as chief underwriting officer for its international property division.
XL names new global treasurer
XL Insurance has appointed corporate controller Simon Rich as senior vice president, global treasurer.
XL issues roof collapse warning
Insurer XL has warned businesses to reconsider their adverse weather risk management plans as snow continues to wreak havoc across the UK.
Catlin the latest insurer to up NZ quake loss estimate
Catlin has today announced an estimate of the financial impact of the 4 September 2010 New Zealand earthquake.