Insurer
Flagstone Reinsurance sells Lloyd's business to ANV
Flagstone Reinsurance has sold its Lloyd's operation to a wholly-owned subsidiary of ANV Holdings BV for £30m.
Cobra locked in takeover talks with Towergate
The Cobra Holdings board has announced this afternoon that discussions are underway with two interested parties which may lead to an offer for the firm's issued share capital.
Canopius' 65p offer reflects 2011 Omega losses
Canopius' decision to offer to acquire Omega at a lower share cash offer is because the listed company posted losses last year, according to a source.
Starr expects "rapid expansion" after gaining Japan licence
Starr Indemnity & Liability has been granted a foreign non-life insurance licence in Japan.
Midas Underwriting creates 40 jobs
Enterprise Minister Arlene Foster has announced that insurance underwriting agency Midas Underwriting is to create 40 new jobs, supported by Invest Northern Ireland through the Jobs Fund.
Iprism records first profit and unveils new Click2Compare brand
Underwriting agency Iprism has moved into profit for the financial year ended 31 December 2011, according to filings at Companies House.
Garwyn opens up in Reigate
Following the opening of its new Bristol offices, Garwyn Group has signed a new contract to open offices in Reigate.
Canopius recruits Bevan to boost health
Lloyd's insurer Canopius has expanded its UK accident and health underwriting team with the appointment of Matt Bevan from Aon.
CGSC promotes Hooper to chief commercial officer
Wholesale reinsurance brokerage Cooper Gay Swett & Crawford has promoted Shaun Hooper to the new role of chief commercial officer.
Bupa recruits medical director from NHS
Bupa has recruited a new group medical director, Dr Paul Zollinger-Read, from the NHS.
Kiln targets equine market with specialist underwriter
Speciality insurer Kiln has recruited equine underwriter Georgina Smart to focus on risks for sports and leisure horses.
SEIB launches multi-risk product for SMEs
Qatari firm SEIB Insurance and Reinsurance has launched a specialist product for SMEs.
QFC appoints new non-execs
The Qatar Financial Authority has appointed Jacques Aigrain and Arbab Banerji as new non-executive directors.
Indian home insurance market faces apathy
While the popularity of home loan insurance cover has shot up, hazard or home insurance cover is yet to pick up.
Kiln enters equine market
Kiln has appointed an equine underwriter to focus on specialist risks for sports and leisure horses.
New telematics motor insurance brand keeps parents updated
Fresh Insurance has launched a telematics young drivers car insurance brand that gives parents real-time updates on where and how their child is driving.
Canopius makes cash offer for Omega
Lloyd’s insurer Canopius has made a 65p a share cash offer to buy troubled insurer Omega.
Markel launches into marine in Canada
Markel International’s Canadian firm Elliott Special Risks has hired a team of four marine professionals from what used to be Axa for its Montreal office.
'Rolling' MRO agreement implemented
The Medical Reporting Organisation’s 2012 agreement will be a “rolling” contract.
Egan set to undertake Towergate CFO role from next week
Recently appointed Towergate chief financial officer Scott Egan will begin work at the broker on April 12 before becoming a member of the firm’s partnership board and executive committee.
Nat cats caused economic losses of $380bn in 2011
Natural catastrophes resulted in 27,000 deaths and $380bn in economic losses during 2011, according to data compiled by Munich Re and analysed by the Worldwatch Institute.
Guidance published for planning in flood risk areas
The Association of British Insurers and the National Flood Forum have published guidance for local authorities on planning in flood risk areas.
Equity starts performance-related pay
Equity Insurance's head of compensation and benefits, Ricky D'Ash, has revealed plans to introduce a grading system and performance-related pay for all 1,200 staff.
Paton eyes international growth at DAC Beachcroft
Incoming DAC Beachcroft claims solutions group chief executive Bill Paton has vowed to use his "extensive" contacts across the world to grow the law firm's presence in the Asia Pacific and Latin America markets.