Canada
CFC launches 'unambiguous' recruitment product
Underwriting agency CFC is targeting a share of the £30m gross written premium recruitment insurance market, after launching an "unambiguous" product aimed at the sector.
Analysts postive on Aviva and RSA following market updates
Analyst Jeffries has issued two positive notes on insurers Aviva and RSA this morning in the wake of the announcements made yesterday.
Ironshore launches new European platform with Allied World raid
Ironshore has announced the formation of Ironshore Europe, domiciled in Dublin, Ireland.
Axa declared largest insurer in the world by net written premium
The world's largest insurers, measured by assets and net premiums are based in Japan and France respectively, AM Best has found in its annual ranking of global insurers.
Shipowners’ Club adds two to Vancouver office
The Shipowners’ P&I Club has transferred two of its London-based staff to its new office in Vancouver.
Brokers Link adds new members
CG&B Group, Cornes Insurance Agency and Hertz & Co have joined intermediary network Brokers Link.
RMS: 2010 saw second most hurricanes since 1851
The 2010 Atlantic Hurricane season, which officially ended on 30 November, had the second highest number of hurricanes since records began in 1851, according to analysis by Risk Management Solutions.
M&A - Internal communications: Getting the message across
With the mergers and acquisitions front hotting up in the insurance industry, Simon Barrow warns that communications with employees should top the agenda.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
Norton Rose Group extends international footprint
Canadian law firm Ogilvy Renault and South African law firm Deneys Reitz will join Norton Rose Group on 1 June 2011, the legal practice has confirmed.
Non-London business now accounts for 43% of Catlin's GWP at Q3
Catlin this morning reported that gross premiums written were up nine per cent to $3.28 bn for the nine months to the 30 September.
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Markel International combined ratio slips to 99% following H1 losses
Markel International has reported gross written premiums of $574.0 m for the nine months to 30 September 2010, compared to $510.0 m for the same period in 2009.
Axa third quarter GI result boosted by 35% increase in UK motor reveune
Axa group this morning reported that property & casualty revenues increased by 0.7% to €21.4 bn (£18.7bn) largely as a result of a 3.9% growth in individual lines (largely driven by a 3.4% average price increase).
Interview - Andrew Mckee: Planning for the next stage
Having taken over at Lloyd's insurer Mitsui, Andrew McKee talks to Jonathan Swift about his plans to move the company on, a decade after it launched.
Catlin Canada expands
Catlin Canada has opened offices in Vancouver and Montreal, to begin operating in early November.
Snowball eyes return to UK
Former Aviva board director Patrick Snowball has revealed his firm intention to return to the UK insurance market when his contract with Australian financial services firm Suncorp finishes in 2013.
Ruxley completes Canadian run-off transfer to Global Reinsurance Company
Ruxley Ventures has completed the transfer of the run-off policies of the Canadian branch of its subsidiary company, Aviation & General Insurance, to Global Reinsurance Company.
RSA acquires GCAN Insurance
RSA Insurance Group has announced the acquisition of GCAN Insurance Company.
Zurich ranks 9/11 and SARS top "mega-disasters" of last decade
Terrorist attacks, hurricanes, and pandemic risks top the list of “Top Ten Mega Disasters” of the past decade, released today by Zurich.
BIS Countdown - Mike Morrisey: The international agenda
The International Insurance Society claims to be the largest multinational organisation of its kind, with almost 1000 members from more than 90 countries. Ahead of his keynote address at the British Insurance Summit, president and chief executive Michael…
Legal update - litigation funding: Containing the genie
The role of private litigation funding has become a live issue, with collective redress systems being proposed throughout Europe. Robert Hammesfahr explains why fears of abuse and soaring costs may be unfounded.
Rival insurers support Aviva composite stance
A host of fellow composites have backed Aviva in its war of words with RSA over whether the model's days are indeed numbered.