Reinsurance
European super regulator could be in place by 2011 pending 7 September vote
EU authorities are to get tough new powers to settle disputes among national financial supervisors and to ban risky financial products and activities, in a revamp of EU financial supervision plans agreed on Thursday.
Omega Lloyd's managing agency boss Adie resigns
Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned from his position with immediate effect.
Omega Lloyd's managing agency boss Adie resigns
Omega Insurance Holdings has announced that Andrew Adie, managing director and a board member of its managing agency Omega Underwriting Agents, has resigned from his position with immediate effect.
Hurricane Earl losses could top $150m
AIR Worldwide estimates that insured losses from Hurricane Earl’s passage near the northern Leeward Islands earlier this week are between $50m and $150m.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
Abbey reports 11% increase in H1 pre-tax profit
Abbey Protection has announced an 11% increase in pre-tax profits to £4.7m for the first six months of 2010.
Corporates seek insurer credit rating assurances
Aviva is receiving a surge in enquiries from corporate clients worried about insurer credit ratings.
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
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…
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…
Post Magazine – 02 September 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Interview - Ken MacDonald: Keeping it simple
As former chief exec of Aon Global UK, Ken MacDonald has been refreshed by a return to a private company. Lynn Rouse talks to Miller's head of corporate risks about triple-digit growth and targeting FTSE 250 firms.
Lockton to become latest London market broker to seek LLP status
Lockton International has become the latest London market broker to seek limited liability partnership status, Postonline can reveal.
QBE brands CEO replacement speculation as "completely false"
QBE has branded speculation that it has lined up an external successor for its CEO Frank O'Halloran as "completely false".
Chaucer recruits former Axa CEO Wood as non-exec
Chaucer Holdings has appointed Mark Wood as a non-executive director from today. He joins the audit, remuneration and nomination committees, and following FSA approval, will become a non-executive director of Chaucer Syndicates, the group’s Lloyd’s…
QBE brands CEO replacement speculation as "completely false"
QBE has branded speculation that it has lined up an external successor for its CEO Frank O'Halloran as "completely false".
Rendevous - Talking heads 2010
Reinsurance talks to some of the industry heads ahead of the Monte-Carlo Rendevous.
Inside view: Part of the solution
As we enter a difficult hurricane season, witness record monsoon rainfall in Asia and continue to count the costs involved in the Deepwater Horizon incident, is it time to look at these increasing environmental problems from a different perspective, asks…
Technology: If the cap fits...
Will you build or buy your new reinsurance IT system? Kevin Richmond explores some of the recent advances and key considerations in the perennial resourcing debate.
R&Q profits hit $3.6m
Randall & Quilter's income rose 52% to £16.1m in the first six months of the year, up from £10.6m in the first half of 2009. The company's profit before tax was £5.8m (2009: £1.2m) and basic earnings for each share are 6.9p (H1 2009: 1.7p). The insurance…
Climate change: Change on the horizon
Climate change is happening. Peter Höppe writes that the industry must act to limit global warming and also to provide adequate risk management and natural catastrophe cover, particularly in the developing world.
Catastrophe: Put a (stronger) lid on it
Natural catastrophe models have been transformed through scientific research, growth in global and localised observation systems and modeling technology enhancements. But despite this, uncertainty remains, say Claire Souch and Michael Kistler.
Aon Benfield appoints new ratings agency head in UK & EMEA
Aon Benfield has appointed Chris Myers head of Rating Agency Advisory for its UK and Europe, Middle East, and Africa (EMEA) regions.
Insurance industry warned it could face more EC enforcement actions
The insurance industry has been told that it could face more enforcement actions from Brussels.