Ireland
Quinn loan saga continues
The wife of bankrupt businessman Seán Quinn claims she does not have to repay a €3m bank loan, according to the Irish Times.
Perils updates windstorm exposure data for 11 European countries
Perils, the independent organisation that provide industry-wide catastrophe insurance data, has updated the windstorm exposure data for 11 European countries.
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
Global reinsurance capital declined by 4% in the first nine months
Global reinsurer capital declined 4% from $470bn at 31 December 2010, to $450bn at 30 September 2011, according to an Aon Benfield report.
European financial services M&A activity down by 25%
There has been a significant slowdown in European financial services M&A activity during the Q3 of 2011.
Mitsui Sumitomo expands Dublin office with new hires
Mitsui Sumitomo at Lloyd’s has continued the expansion of its recently launched Dublin office with the appointments of Brian Moran and Gavin Mullen as senior underwriters.
Mitsui Sumitomo adds to Dublin team
Mitsui Sumitomo at Lloyd’s has appointed Brian Moran and Gavin Mullen as senior underwriters in its Dublin office.
XL names new head of insurance
Greg Hendrick will become chief executive of XL Group’s insurance segment upon the retirement of current insurance head Dave Duclos.
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
Sean Quinn ordered to repay €1.74bn
The unit created to fight for assets for the crisis-hit Allied Irish Bank has won another victory against Sean Quinn, forcing him to repay €1.74bn, bringing the total the Irish courts have told Quinn to pay to €2.16bn.
Grace and Miller join Chubb Ireland
Chubb Insurance has made two appointments to its commercial insurance team in Ireland.
Chubb appoints two to Ireland team
Chubb Insurance has expanded its commercial insurance team in Ireland with two hires.
Bankrupt Sean Quinn ordered to repay £358m
Quinn Group founder Sean Quinn has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
IBRC to fight Quinn in Northern Ireland
Ireland’s Anglo Irish Bank asset recovery vehicle, the Irish Bank Resolution Corporation, is to fight Seán Quinn’s bankruptcy in the Northern Ireland High Court in Belfast today.
Penny speed meets... Greg Gladwell, CEO Crawford & Company, UK & Ireland
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Post Intelligence Benchmarking - Loss adjuster insight: Hitting the bullseye?
Insurance 360 takes another look at the performance of loss adjusting firms to reveal who is performing well and who needs to raise their game.
Aviva plays down speculation on Irish branch closure
Aviva bosses have attempted to pour cold water on widespread speculation that the insurer is to shut down its entire Irish network of 26 branches by next summer.
Aviva to close all Irish branches by June 2012
Aviva Insurance plans to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs, according to reports in the Irish press.
Aviva appoints new Ireland CEO to oversee structural overhaul
Aviva has appointed Seán Egan to the role of chief executive officer, Aviva Ireland, subject to regulatory and board approval.
Aviva replaces Irish CEO as UK merger gathers momentum
Aviva Ireland has today revealed that chief executive Dermot Browne will leave the insurer at the end of the year, to be replaced by former transformation director Seán Egan.
Anglo Irish to challenge Quinn bankruptcy
The Irish Bank Resolution Corporation, formerly the Anglo Irish Bank, is set to challenge Sean Quinn’s insolvency proceedings in Northern Ireland, according to the Irish Independent.
RSA’s Brown promotes European focus as opportunity for UK brokers
RSA boss Adrian Brown has reassured UK brokers that the firm’s recent restructure of its executive team will have no negative impact on domestic commitments.
Zurich names group treasurer
Zurich Financial Services Group has appointed Colm Holmes as group treasurer, with immediate effect.
Sean Quinn declares himself bankrupt
Founder of failed Quinn Insurance, Sean Quinn has been declared bankrupt, according to the BBC.