Insurer
XL reveals Q1 $163m net loss
XL Group has blamed its net loss of $227.3m in the first quarter of the year on the high level of natural catastrophe-related claims in its property & casualty book.
Irish brokers wary of Quinn business model after takeover - Insurance News Now – 5 May 2011
Post reporter Amy Ellis outlines this week's major general insurance stories including the uncertainty over the business model of the former Quinn Insurance following its takeover by Liberty Mutual and Anglo Irish Bank.
L&G general insurance premiums hit £71m in Q1
Legal & General has recorded £71m in gross written premiums in its insurance division in Q1 2011, an increase of 11% on 2010.
Economic risk “greatest threat” to businesses, Aon study finds
An Aon study has outlined economic risk as the “greatest threat” facing business leaders today.
Brit launches new package policy for US higher education sector
Brit Insurance has launched a new package policy designed specifically for the needs of the US higher education community.
Post Blog: A smaller catch after the one that got away
With many in the insurance market taking advantage of the double bank holiday whammy you would have thought the past week would have been a good time to bury bad news.
Sterling signs Aldermanbury Declaration
Sterling Insurance has become the latest company to sign-up to the Aldermanbury Declaration.
Howden acquires core broking activity of PYV
Hyperion’s broking subsidiary, Howden Broking Group, has acquired the core broking activity of PYV.
MWA expands into Liverpool
Mercury West Associates said it has opened a new office in Liverpool to insure affluent business and sports professionals in the area.
Hastings seeks to combat fraud with Equifax deal
Hastings Direct, a division of Hastings Insurance Services, has signed a significant new one year contract with Equifax.
Generali shareholders approve 2010 statements and €0.45 dividend
The shareholders of Assicurazioni Generali SpA have approved the 2010 financial statements and the distribution to shareholders of a per-share dividend of €0.45 (+28.6% relative to 2009).
KPMG warns over "hindsight" penalties in the wake of Solvency II delay fears
Omnibus 2 is a significant milestone for Solvency II and delays to its finalisation are having an unwanted impact on the Solvency II timeline, increasing fears that neither insurers nor regulators may be fully prepared for implementation on 1 January…
Hannover posts profit despite 123.8% non-life COR
Hannover Re has reported an operating profit of Euro 46.1m (Q1 2010 Euro 238.8m) for the first three months of 2011.
Indonesia signs tax agreement with Guernsey
Guernsey has signed a bilateral Tax Information Exchange Agreement with Indonesia.
QBE appoints German country manager
Markus Posberg has today been appointed country manager for QBE's German branch.
Generali shareholders approve 2010 statements and €0.45 dividend
The shareholders of Assicurazioni Generali SpA have approved the 2010 financial statements and the distribution to shareholders of a per-share dividend of €0.45 (+28.6% relative to 2009).
KPMG warns over "hindsight" penalties in the wake of Solvency II delay fears
Omnibus 2 is a significant milestone for Solvency II and delays to its finalisation are having an unwanted impact on the Solvency II timeline, increasing fears that neither insurers nor regulators may be fully prepared for implementation on 1 January…
Hannover posts profit despite 123.8% non-life COR
Hannover Re has reported an operating profit of Euro 46.1m (Q1 2010 Euro 238.8m) for the first three months of 2011.
Indonesia signs tax agreement with Guernsey
Guernsey has signed a bilateral Tax Information Exchange Agreement with Indonesia.
QBE appoints German country manager
Markus Posberg has today been appointed country manager for QBE's German branch.
Hastings appoints CFO ahead of “possible” 2012 listing
Hastings Direct has named former Helphire Group CEO Mark Adams as its chief financial officer as it prepares to list on the stock exchange next year.
Ian Maguire promoted to active underwriter of Argenta Syndicate 2121
Argenta Syndicate Management Limited, a subsidiary of Argenta Holdings, has appointed Ian Maguire, currently direct property underwriter, as active underwriter of Syndicate 2121.
Brit appoints professional risks head
Brit Insurance has appointed Daniel Mitchell as UK Portfolio Manager, Professional Risks.