Europe
AJG International CEO Chilton defends retail credentials
New Arthur J Gallagher international CEO Grahame ‘Chily’ Chilton has hit back at claims he lacks retail experience in his first interview since assuming the role.
Perils estimates January windstorm damage
Catastrophe insurance data provider Perils has estimated the insured property market loss for damaged caused by the Elon-Felix windstorm to stand at €328m (£242m).
UK-based multinationals face VAT hike after HMRC decision
UK-based multinational insurers face a hike in their VAT bill from 1 January 2016 following a ruling by HM Revenue and Customs.
Guy Carpenter looks to Willis for analytics head
Matthew Eagle has been appointed international analytics head for Marsh reinsurance arm Guy Carpenter.
Coface 2014 turnover grows 1.6%
Coface has reported a 1.6% increase in its turnover for the year ending 31 December 2014 to €1.4bn (£1bn).
Europe C-Suite: Keeping up with innovation
Ageas CEO Bart de Smet looks at imminent innovations which will impact the insurance market.
Political Interview: Steven Woolfe: Woolfe at the door
With the UK Independence Party preparing to swoop for an unprecedented number of seats on 7 May, the party’s spokesman for Financial Services and Immigration Steven Woolfe tells Post what his party would do in power
Brit to operate on 'decentralised basis', says Fairfax CEO
Fairfax Finance CEO and chairman Prem Watsa has hailed Brit's "outstanding" 10 year track record Following the firm's 305p a share offer for the insurer.
Apollo and CVC accept Fairfax's £1.22bn Brit bid
Toronto-based Fairfax Financial has made an all cash offer for all the shares of specialist insurer Brit Insurance.
Lloyd's approves Equinox's Dutch office
Lloyd's has officially approved cover holder Equinox Global's Netherlands office.
Dutch group sells insurance arm to Chinese insurer
SNS Reaal, a troubled Dutch government owned bank and insurer, has agreed to sell its insurance arm to Anbang Insurance.
JLT sells 26.2% stake in French associate
Jardine Lloyd Thompson Group has sold its 26.2% stake in Milestone, the holding company of Siaci St Honoré, the broker's French Associate.
AIG's Q4 2014 profits fell 67%
US insurer AIG's Q4 after tax profits declined to $655m (£426m) compared to $1.98bn a year earlier as the insurer missed analysts expectations.
Europe: Q&A with Guenter Droese, chairman of European Captive Insurance and Reinsurance Owners` Association
Post speaks to Guenter Droese about the captive market and the potential impact of Solvency II
Zurich CEO "not satisfied" with group 2014 results
Zurich's pre-tax profit fell 1% last year to $4.64bn (£3.04bn) compared to $4.68bn in 2013.
Costa Concordia captain sentenced for manslaughter
Francesco Schettino, the captain of the stricken cruise ship Costa Concordia, has been sentenced to 16 years in jail.
Gable chairman Sofaer steps down
Lichtenstein-based Gable Holdings' non-executive chairman Michael Sofaer has stepped down from the board to concentrate on family and other business commitments, the company has announced.
Willis Q4 2014 net income grows 11.8% against full year drop
Willis Group has reported a net income for the 12 months ended 31 December 2014 of $362m (£237m), a decrease from its 2013 result of $365m.
Ferma secretary general Meyer credited for contribution to industry
The Federation of European Risk Management Associations' secretary general Edwin Meyer has died, the organisation announced on 9 February.
Ex-Gallagher boss Ross begins Towergate journey after Highbridge confirms swoop
David Ross, CEO at Arthur J Gallagher International, has resigned after 25 years at the broker to join Towergate's investment vehicle.
DIS 2015 - Keynote Speaker: Malcolm Harbour CBE
Malcolm Harbour served 15 years as Conservative MEP for the West Midlands, including five years as Chairman of the Internal Market and Consumer Protection Committee.
Principal to open Dublin office after Yorkshire Bank backing
Manchester broker Principal Insurance is to open a Dublin office in spring offering a range of motorcycle insurance products.
MMC CEO Glaser hails 'outstanding performance' of broking arm Marsh
Marsh & McLennan’s risk and insurance services business has reported revenue of $6.9bn (£4.5bn) in 2014, an increase of 5%, or 3% underlying revenue growth.
Cedants less likely to transfer business to reinsurers, says AM Best
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.