Brit Insurance
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Brit expands US offering with senior cyber hire
Brit has appointed Courtney Mocio as vice president, cyber and technology at Brit Global Specialty USA.
Brit's profits fall in first half
UK-based Brit Insurance's investment returns have hit profits in the first half of the year.
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
Eight out of 10 financial services firms to increase cyber security spending
Eight out of 10 financial services firms expect to invest in preventative technology and IT systems over the next year.
CIBA: Insurers need to offer more comprehensive cyber policies in time for GDPR
New methods of hacking and types of cyber breach could lend themselves to greater fines following the incoming General Data Protection Regulation.
LMA adds five to board
Five C-suite level executives have been elected to the Lloyd’s Market Association board.
The Cyber Insurer and Broker Assembly 2017 - as it happened
The Cyber Insurer and Broker Assembly took place on 23 March. Post's journalists reported live from the event.
Brit launches US cyber team
Brit has launched new cyber and technology team for Brit Global Specialty USA, with Michael Carr appointed as senior vice president, to lead the offering.
Brit reports 2016 slight dip in profit
Brit has reported profits falling slight, with a slip in its combined operating ratio from 91.7% in 2015 to 96.4% in 2016.
Fairfax has bid accepted for New Zealand's Tower
Canadian group Fairfax Financial has agreed to buy Auckland-based commercial and personal lines insurer Tower for NZ$197m (£113m).
Brit appoints programmes VP
Brit has appointed Tim Chesson as senior vice-president of programs for Brit’s US Global speciality business.
XL's Jadine and Brit's Wilson join LMG board
The London Market Group has appointment Paul Jardine, executive vice president and chief experience officer of XL Group and Matthew Wilson, Group CEO of Brit, to its board.
Brit launches $250m Lloyd's yacht consortium
London market insurer Brit is to lead a $250m (£202m) capacity Lloyd’s consortium for yachts.
Brit grows Versutus sidecar to $110m
Global insurance and reinsurance firm Brit has renewed and expanded its collateralised reinsurance sidecar Versutus.
Career File: Matthew Wilson
Brit appoints Wilson as group CEO
Brit owner Fairfax buys Allied World for $4.9bn
Canada’s Fairfax Financial is to buy insurance giant Allied World for $4.9bn (£3.9bn).
Wilson promoted to group CEO at Brit
Fairfax-owned London-headquartered (re)insurer Brit has appointed group deputy CEO Matthew Wilson as group CEO starting on 1 January 2017.
Brit targets US marine market
Brit Limited has appointed Will Frohne and Craig McGinnes to its newly formed Marine business at Brit Global Specialty USA.
Brit launches new Lloyd's syndicate
Brit has been granted permission by Lloyd’s Franchise Board to launch a new syndicate.
Brit CEO Cloutier hails "sound performance" despite "challenging" market
Lloyd's insurer Brit has reported an operating profit before FX and corporate activity costs of US$198.5m (£150.5m) for the first half of the year (H1 2015: US$70.9m). Profit after tax was US$197.6m (H1 2015: US$6.4m).
Zurich sells South Africa operations to Fairfax Financial
Swiss-headquartered insurance giant Zurich has sold its South Africa operations to Toronto-headquartered Fairfax Financial Holdings for an undisclosed sum.
Claims: Claims side leads way towards a digital Lloyd's
Lloyd’s of London, like the London market as a whole, is becoming more urgent about getting up to speed with modern technology – and claims is leading the way
Brit-led commercial aviation consortium launches
Brit has launched a Lloyd's consortium for commercial general aviation with capacity also provided by Kiln, Hiscox, Apollo and Pritchard.