Insurer
Claims from Windstorm Dagmar in Scandinavia to break $46m
According to catastrophe modeling firm AIR Worldwide, Windstorm Dagmar, which moved across Russia north of St Petersburg on Christmas Day and until the early hours of 27 December 2011, caused power outages, tree-downings, and landslides and other…
Voyager boosts acquisition strategy with Culpeck deal
Voyager Insurance Services has started the new year by announcing the acquisition of a niche offering that provides cover to individuals with criminal convictions.
Helvetia Switzerland concludes sale of health and accident portfolio
Helvetia Switzerland has concluded the sale of its health and accident portfolio.
JLT completes Italian Marine & Aviation deal
JLT Group has completed the deal to combine its existing Italian broking business Jardine Lloyd Thompson SpA with the business of Marine & Aviation SpA.
Liberty appoints Dubois from Flagstone
Liberty Syndicate Management has appointed Rene Dubois from Flagstone Re to lead its business advisory team.
Liberty appoints Dubois to lead business advisory team
Liberty Syndicate Management has appointed Rene Dubois to lead its business advisory team.
European insurers welcome guidelines on ECJ gender ruling
The European Commission’s publication of guidelines on applying the March gender ruling by the European Court of Justice has been welcomed by Europe’s insurers, according to the European insurance and reinsurance federation.
Direct Line launches January sale on home insurance
Direct Line has kick-started the New Year with a January sale on home insurance geared towards householders looking to cut costs following a Christmas spending spree.
Aggregators get New Year honours
Peter Winslow, boss of Compare the Market owner BGL Group, and Go Compare boss Haley Parsons have been recognised in the Queen’s New Year Honours List.
How it works: Business Insurers Insight Report Methodology
Between late August and early November 2011, 360 broker readers of Post Magazine or Insurance Age, representing a full cross-section of the market, completed an online questionnaire addressing the service they'd been getting from their commercial…
Beazley interest in Hardy underlines 2012 consolidation, claims Fitch
Fitch Ratings has reiterated its expectation that 2012 will signal an increased consolidation in the non-life insurance sector, following the news of Beazley's renewed interest in buying Hardy Underwriting Bermuda.
NZ quakes hit Christchurch
A string of serious earthquakes have hit the New Zealand city of Christchurch just ten months after the last quake.
Transport Committee's motor insurance report delayed
The Transport Committee has delayed plans to publish its 12th report of the Cost of Motor Insurance by five days to 12 January.
Amlin purchases $150m worth of international cat cover
Amlin has revealed that it has acquired coverage for US hurricane, US earthquake and European windstorm perils of up to $150m (£95.7m) from Bermudian special purpose insurer, Tramline Re.
Haverford pulls out of Omega buying talks
Haverford has withdrawn its bid for a share of Omega Insurance Holdings less than a month after making a new share offering.
M5 crash verdict still months away
Police investigators believe it could take another three months to identify the root cause of the M5 crash which claimed seven lives last month.
Zurich launches competition to redesign its headquarters
Zurich Financial Services Group has launched a competition for architects to redevelop its global headquarters in Zurich.
Allianz's 'AA-' IFS rating affirmed
Allianz SE has had its insurer financial strength rating and long-term issuer default rating affirmed at 'AA-' by Fitch
European Commission offers equality guidance to insurers
The European Commission has today adopted guidelines to help the insurance industry implement unisex pricing, after the Court of Justice of the European Union ruled that different premiums for men and women constitute sex discrimination.
Rate decreases still achievable despite record nat cats, Marsh says
Global insurance rates continued to climb in most loss-affected geographies and classes of business in the fourth quarter of 2011, but rate decreases are still achievable in many lines of business, according to a report by Marsh.
Record cat losses spark two speed market, claims Marsh
Rate decreases remain possible in many lines of business despite the fact that the fourth quarter of 2011 witnessed rising global insurance rates in most loss-affected territories and classes of business.
JLT appointed to manage new mortgage indemnity scheme
Jardine Lloyd Thompson has been appointed by the Home Builders Federation to manage and develop the newly introduced mortgage indemnity scheme, which will see mortgages on new build homes underwritten by house builders and the government.
Survey finds concerns with supply chain insurance
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a survey by the Federation of European Risk Management Associations has found.
End of Year Quiz 2011: Faces from the past
It is that time of the year when the Post team give their desks a sort out and tidy.