Ireland
Interview - Bobby Gracey & Dr James Lygate: The future of forensics
Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners. The duo explain their plans for growth and diversification at IFIC.
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Market moves: XL rings the changes
XL led the way in the recruitment space this week, as insurers made a number of key appointments. While XL added four new staff members to its ranks, Liberty Mutual, Canopius, CNA Europe and Axa also had a busy seven days. In comparison, the broking…
XL appoints construction manager for Ireland, UK and Nordics
XL insurance has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic regions.
Economic uncertainty to impact European construction in 2012
The health of the European construction sector will depend on austerity plans in 2012, according to credit insurer Coface.
Europ Assistance completes MBO
Europ Assistance Holdings has completed a management buyout to become an independent entity.
View from the top: Setting realistic expectations for 2012
Well 2011 certainly was a challenging year for the global insurance sector. The natural catastrophes in Australia, New Zealand, Thailand and Japan caused massive claims.
Solvency poll results
Will Solvency II cause captives to re domicile?
Quinn administrators face 20% fee cut
The President of the High Court in Dublin has knocked 20% off the fees sought by the joint administrators of Quinn Insurance, saying the work they are doing now is routine, the Irish Examiner reports.
Tatton returns to market with insurance debt vehicle
The former chief executive of Irish health insurer VHI and founder of Vivas, Oliver Tattan, has launched a debt financing firm for European insurers.
McCammon is Liberty Mutual's new COO
Liberty Mutual Insurance Europe has appointed John McCammon, pictured, as its new chief operating officer.
Dual Ireland appoints Marsh commercial broker
Specialist underwriting agency Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
Martha Gorman joins Dual Ireland
Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
Employment: Hiring and firing
There are two sides to the recruitment story in the insurance industry — while some are reducing their headcount, others are looking to bring in fresh faces.
IBRC bankrupts Sean Quinn in Ireland
The Irish Bank Resolution Corporation has had Sean Quinn, pictured, declared bankrupt in Ireland after successfully overturning his previous bankruptcy in Northern Ireland.
Quinn declared bankrupt in Ireland
Quinn Group founder Sean Quinn has been declared bankrupt by the courts in Dublin today.
Marsh hunts new UK CEO as South takes wider European role
Martin South has been appointed into the newly-created position of CEO of Marsh Europe, leaving the broker searching for a replacement.
South appointed CEO of Marsh Europe
Marsh has appointed Martin South to the newly-created position of chief executive officer of Marsh Europe.
UK bankruptcy of Quinn Insurance owner annulled
A British court has annulled the bankruptcy of Sean Quinn, Reuters reports.
Loss adjuster hails insurer regional returns
MYI has claimed recent senior hires in Ireland and the UK are symptomatic of an industry-wide move back to strong regional offices.
Market moves: Insurers lead the way in recruitment
As the industry heads into 2012, insurers appear to be the most active in the recruitment space. Leading the way in Chaucer, with five new global hires, and Chubb, which brought in four new faces for the new year. Meanwhile, Tokio Marine added two staff…
JLT expands in Ireland with FBD purchase
JLT Insurance Brokers (Ireland) has expanded its presence in the country with the acquisition of FBD Insurance Brokers.
Allianz's 'AA-' IFS rating affirmed
Allianz SE has had its insurer financial strength rating and long-term issuer default rating affirmed at 'AA-' by Fitch
FSA slaps CICA with £2.8m fine for poor customer treatment
Combined Insurance Company of America has been fined £2.8m by the Financial Services Authority after “systematic failings” across the business were identified.