QBE Insurance Group
MMA poaches motor specialist from QBE
MMA Insurance has appointed Gary Clayton as senior motor trade underwriter with a remit for the South of the UK.
European View From The Top: Growth opportunities
Among all the doom and gloom you might think the chances of growth in the near term are slight, if not negligible.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
QBE records 26% increase in insurance profit in H1 2012
QBE Insurance Group made an insurance profit of $965m for the first half of the year ended June 2012, an increase of $203m on 2011.
QBE teams up with Autoglass for repair and replacement
QBE Europe has appointed Autoglass as preferred supplier for its core glass services.
QBE's 'A+' IFS rating affirmed
Australian insurer QBE has had its 'A' long-term issuer default rating and 'A+' insurer financial strength rating affirmed by Fitch.
Brit unveils positive 11.5 point COR swing as business takes new direction
The Brit Group has this morning recorded a combined operating ratio of 93.3% for the first six months of 2012 (30 June 2011: 104.8%), having completed a restructure into becoming a focused global specialty underwriter.
Cooter departs QBE after helping with Brit integration
QBE has confirmed the departure of Simon Cooter, former Brit director of market management and regional operations, having assisted in the business integration following the April takeover.
Mitsui recruits Zurich and Ace underwriters
Lloyd's insurer Mitsui Sumitomo is aiming to increase its share of the international liability insurance market following two underwriting appointments.
Former HSBC Insurance duo poised for £50m drive with motor start-up
A new motor start-up, fronted by a duo of former HSBC Insurance UK executives, has been tipped to make a major play for the broker market in the second half of the year, underwriting up to £50m of business by the beginning of 2013.
Markel appoints trade credit analyst in Singapore
Markel International has appointed Rufin Majid as trade credit analyst in its Singapore office.
Aviva completes deal with Guidewire on commercial business
Aviva has selected Guidewire's PolicyCenter as its new underwriting and policy administration solution, and ClaimCenter for its core UK commercial business.
QBE integrates its RMS practice
QBE has brought together its risk management services teams to create an integrated practice designed to support the continued growth of its UK, European and multinational client base.
UK companies unprepared to deal with cyber crime
A workshop hosted by QBE has revealed that UK companies are ill-equipped to deal with cyber crime, despite its costing UK business £27bn a year.
RSA legal action suspended as court rules in insurer's favour over motor costs
Zurich has confirmed that it has suspended legal action with RSA over the company's subrogated motor repair costs while it awaits the outcome of a possible appeal, after RSA won a High Court case against two other insurers.
Brit offloads legacy liabilities to Riverstone
Brit Group has agreed the sale of its Financial Services Authority-regulated Brit Insurance Limited to Riverstone Group.
Market moves: A busy week in recruitment
The insurance industry enjoyed a busy week in recruitment, and brokers were the main movers and shakers as Marsh UK & Ireland welcomed a new chief executive and Giles named a new COO.
Market moves: Broking steps up the recruitment push
This week the recruitment space belonged to the broking community, which saw major moves across the sector. In the past seven days, Willis, Lorica, Giles and Lockton all named new senior staff.
James Hallam develops insurer ranking matrix
James Hallam brokers has developed a ranking matrix for all insurers it deals with.
Posner would consider another role
Following his decision to step down from his board position at QBE, Howard Posner has told Post that "winding down" was always his long-term plan.
Posner steps down from QBE board
Former Halifax Bank of Scotland general insurance boss Howard Posner has retired as a non-executive director of QBE European Operations after six years.
QBE appoints new non-executive director
Business specialist QBE has appointed Wai Au as non-executive director of its Lloyd's operation QBE Underwriting and its UK company market and European branch operations, QBE Insurance.
Brit boss Cooter 'continues to assist' in QBE integration
Former Brit director of market management and regional operations Simon Cooter may yet have a part to play following the QBE UK and Ireland regional restructure.
QBE identifies regional leaders in UK and Ireland restructure
QBE has unveiled a string of managerial appointments as part of a UK and Ireland restructuring process following the acquisition of Brit's regional operations.