Ireland
Europe View from the Top: Testing times for European real estate
It goes without saying that the financial crisis has had an adverse and enduring effect on the global economy.
Kidnap and Ransom: A growing threat?
Kidnap and ransom risk is not traditionally a threat associated with Europe but recent incidents have bought the issue to the fore. Sam Barrett investigates the problem and the response of the insurance industry.
Axa UK & I GI revenue rises 2% to £3.8bn
The cost of flooding and storm damage claims pushed Axa UK & Ireland's combined ratio to over 100% in 2012 - a deterioration of 0.8 points compared to 2011 - despite underlying earnings improving year-on-year by £62m to £134m.
RSA says Italy segment on track to break even in 2013
RSA posted 5% premium growth for the year ended December 2012, however its underwriting result was flat at €375m owing to adverse weather and earthquakes in Italy.
RSA's UK profit falls 37% as commercial losses take toll
RSA blamed adverse weather in the first half of 2012 and a weak marine and commercial liability performance on UK underwriting profit tumbling to £39m (2011: £62m) while the combined ratio was 98.2% (2011: 97.3%).
Autoglass calls for windscreen standards after fears insurers are cutting corners
Insurers may be awarding windscreen replacement jobs to technicians who lack the proper skills or use inferior materials in order to cut costs, according to Autoglass.
Market moves: Brokers lead recruitment drive with major hires at Reich, Russell Scanlan and RFIB
The recruitment space belonged to broking this week, with Reich, Russell Scanlan and RFIB all recruiting senior staff. Reich welcomed a new head of group operations, while Russell Scanlan and RFIB added directors to their respective teams. Meanwhile,…
Top Mark and Claim Reaction launch Northern Ireland venture
Top Mark has joined with loss adjuster Claim Reaction to form a new Northern Ireland operation.
Ironshore adds Calnan to international offshore energy team
Ironshore Europe has appointed Paul Calnan to lead its international offshore energy expansion.
Giles boosts presence in Scotland and Northern Ireland
Giles Insurance Brokers has made four additions to its expanding team in Scotland and Northern Ireland.
XL appoints Wenzel as senior VP capital markets
XL Group reinsurance arm has appointed Craig Wenzel as senior vice president of capital markets.
Elite eyes up Irish market with two senior hires
Legal expenses insurance provider and niche general insurer Elite Insurance had made two senior hires in an attempt to branch out into the Irish market.
View from the Top: Mind the credibility gap
Insurers must live up to their advertising slogans or risk leaving the general public even more disillusioned, says Annabel Venner.
McLarens expands all-Ireland business
Loss adjuster McLarens has expanded its offering in the North and the Republic of Ireland with the opening of a new office in Derry, its 14th in the UK and Ireland.
Marsh reshuffles leadership of international divisions
Broker Marsh has combined its Asia and Pacific regions and appointed a dedicated leader for continental Europe, the commonwealth of independent states, and Turkey.
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Xchanging appoints exec director for insurance services
Xchanging has appointed Adrian Guttridge as executive director, insurance services, reporting to group chief executive Ken Lever.
Markerstudy due to complete twin acquistions
Gibraltan underwriter Markerstudy is hoping to complete two purchases by the start of December.
Liberty to cut 285 Irish jobs
Liberty Insurance, the company which took over Quinn after it went into administration, is to make 285 Irish staff redundant.
Liberty to axe Irish jobs
Liberty Insurance is to shed 285 jobs in Irish offices on both sides of the border.
RSA UK premiums flat as international business grows
RSA is on target to deliver a combined operating ratio of around 96% and £500m investment income for the 2012 full year after reporting a 4% jump in net written premiums to £6.2bn for the nine months to 30 September 2012.
Aviva reveals 97% COR in steady results
Aviva's general insurance business delivered a combined operating ratio of 97% in the first nine months of 2012, in line with the previous year, excluding RAC.
Quinn Insurance founder faces nine-week jail term
Sean Quinn, the founder of Quinn Insurance, has been handed a nine-week jail sentence for contempt of court.
AM Best removes Aviva subsidiaries from under review
AM Best has reaffirmed the 'A' financial strength rating and 'A+' issuer credit rating of the insurance subsidiaries of British insurer Aviva.