Reinsurance
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
Marine - Post-IUMI: High seas scrutiny
The recent International Union of Marine Insurance conference underlined the escalating piracy problem and tasked underwriters with delivering a cargo-specific solution.
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.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Post magazine – 24 November 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how industry experts believe the landmark partnership between Catlin and China Re will be a catalyst for a boom in Lloyd’s investment from insurers in emerging…
AM Best assigns “A-“ ratings to Garant Versicherungs
Ratings service AM Best has assigned a financial strength rating of “A-“ (Excellent) and an issuer credit rating of “A-” to Garant Versicherungs-Aktiengesellschaft.
Swiss Re announces delisting of outstanding shares
Swiss Re has announced the delisting and squeeze out of outstanding shares in Swiss Reinsurance Company Ltd.
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment
The “landmark” strategic partnership between Catlin and China Re is expected to be a catalyst for a boom in Lloyd’s investment from insurers in emerging economies.
Argo International appoints head of casualty treaty reinsurance
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Stuart Dale as head of casualty treaty reinsurance.
JLT Re recruits MD for Asia Pacific expansion
JLT Reinsurance Brokers has appointed Stuart Beatty as managing director, Asia Pacific, JLT Re Fac.
Catlin and China Re join forces to create special purpose syndicate
Lloyd’s reinsurer Catlin has formed a strategic partnership with China Reinsurance Corporation, the country's only state-owned reinsurance group.
Hiscox London Market announces two appointments
Hiscox London Market has welcomed two new recruits - Guillaume Bonnissent joins the specialist insurer as line underwriter for personal accident and Rob Ashton comes on board as line underwriter for special risks and personal accident XL Reinsurance.
Catlin partners with China Re
Property and casualty insurer Catlin has formed a strategic partnership with China Re to establish Lloyd’s syndicate – the first time a Chinese insurer has directly invested in the market.
Lloyd's director encouraged by growth of Chinese broking sector
China offers commercial and reinsurance brokers a great opportunity for growth, although the role of local players may ultimately outstrip the international names.
Middle East insurance consolidation is inevitable, claims lawyer
It is not of matter of if there will be consolidation in the Middle East insurance market, but when, according to a local legal expert.
News analysis: Admiral’s claims woes worsen as quarter three results revealed
Admiral’s market followers suffered a painful dose of déjà vu last week when the motor insurer’s quarter three results underscored its rising exposure to large bodily injury claims, and it warned full year pre-tax profits would be lower than expected.
Post magazine – 17 November 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how, according to market speculation, Cunningham Lindsey and Lockton International are both looking at options that may see private equity giant Stonepoint Capital…
Marsh: mixed signals for 2012 energy insurance market
Excess capacity and continuing competition among insurers means that buying conditions remain favourable for many energy firms in the final quarter of 2011, but a possible change could be on the horizon for 2012.
Insurer capacity creates good conditions for energy firms
Excess capacity and continuing competition among insurers means that buying conditions remain favourable for many energy firms in the final quarter of 2011.
Zurich names group treasurer
Zurich Financial Services Group has appointed Colm Holmes as group treasurer, with immediate effect.
The Cypriot fall out from Vassiliko
In July Cyprus saw its largest insurance loss caused by man and despite doubts as to its quality the insurance industry stood tall according to Konstantinos Dekatris.
Greek exposure hits Allianz Q3 profits
Impairments of €931m from investments including Greek sovereign debt slashed Allianz’s profits for the third quarter, but the insurer said it is still on course to achieve profits of €8.0bn for 2011.