Aviation
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
RFIB appoints aviation broker
Neil Coldwell has been appointed as an aviation broker at RFIB Group.
Kiln announces syndicate merger
Underwriting group Kiln is to merge its Lloyd’s syndicates 807 and 510.
Catastrophe losses hold back Hardy profits
Hardy Underwriting’s profits halved to £10m during 2010, after it faced a string of international catastrophe losses with a net value of £37m.
Howden targets energy and marine markets
Howden is planning to enter the offshore energy and marine markets in a bid to diversify its international book of business.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Post history - 50 years ago: Boeing 707 crash reserve at £200 000
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
IPP welcomes ATOL reform
The CAA’s intention that agents must point out what is and what is not protected as a significant step in the right direction in helping consumers make an informed travel purchase through the ATOL reform, according to International Passenger Protection …
Government plans extension to travel protection scheme
The scheme that protects holidaymakers in the event that a travel firm goes bust looks set to be extended.
Government plans extension to travel protection scheme
The scheme that protects holidaymakers in the event that a travel firm goes bust looks set to be extended.
Broking focus - BCP: Business Continuity Plans for beginners
Brokers and claims practitioners differ in opinion over the usefulness of business continuity plans. Amy Ellis looks at how the market can be educated about the inherent benefits.
Penny Black’s Insurance week
Stars don’t come much bigger than David ‘Goldenballs’ Beckham. And Penny was delighted to hear Becks was back in his homeland, enjoying the hospitality of his boyhood club Tottenham Hotspur.
CEGA adds to management team
CEGA Group Services, the claims management and medical assistance provider, has expanded its management team with the appointment of group procurement manager Marcia Knight.
Aon: 2011 set to be “challenging” year in aviation
Aon has released preliminary data suggesting that airline insurance endured more claims than premium received in 2010, forecasting further difficulties for 2011/2012.
Travel claims up 30%, says Claims International
Severe weather conditions led to a 30% increase in the number of travel claims handled last month by Claims International, the travel business arm of Cunningham Lindsey.
Claims update: Calculation challenges
The path for a subrogation claim by Air France was cleared when the French court found Continental Airlines responsible for the 2000 Concorde crash. Frédérique Hardy examines the obstacles and challenges inherent in complex recovery actions.
Plane passengers "almost certain" to overpower would-be hijackers
Risk Management Solutions has said that would-be hijackers are “almost certain” to be jumped on by fellow passengers if they manage to board a plane.
High Court of Justice sanctions business transfer
The High Court of Justice has sanctioned the transfer of insurance and reinsurance business from Aviation & General Insurance Company, a subsidiary of Ruxley Ventures, to Tenecom, a member of the Berkshire Hathaway group of companies.
Santa's insurance bill reduced by £5m over two years claims broker Aon
Santa may be dusting off the sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to finish off all the presents to make sure every child across the globe gets a present.
Lloyd's firm Houlder receives £1.2m cash injection
Houlder Insurance Services has received a £1.2m capital injection from its parent China Merchants Group.
QBE names three European CUOs
QBE Insurance has appointed Ash Bathia, Colin O’Farrell and Jonathan Parry as chief underwriting officers of its European division, following the promotion of John Neal to chief executive of QBE Group Global Underwriting Operations.