Insurer
Quinn Group records €888m loss in 2009
Quinn Insurance lost €644m (£557m) in 2009, taking the overall group’s losses for the year to €888m according to the Irish papers.
Post Europe: Rome II – Where are we two years on?
It is now over two years since the implementation of European Regulation 864/2007, better known as ‘Rome II’. Reviewing the legislation, Kelvin Farmaner and Paul Lavelle ask whether everyone is now clear on its scope and application.
Exclusive Rome II and shared service centre content now available
Post Europe’s weekly update is now live with all the latest news and an article on how Rome II has impacted the European insurance market; as well as an article on the pros and cons of shared service and competence centres.
Shared service and competence centers for insurers
In order to reduce costs insurers are increasingly looking at shared service and competence centres. Hendrik Bremer examines the pros and cons of this model.
Quinn Group records €888m loss in 2009
Quinn Insurance lost €644m (£557m) in 2009, taking the overall group’s losses for the year to €888m according to the Irish papers.
Rome II – Where are we two years on?
It is now over two years since the implementation of European Regulation 864/2007, better known as ‘Rome II’. Reviewing the legislation, Kelvin Farmaner and Paul Lavelle ask whether everyone is now clear on its scope and application.
Clements International unveils rebrand
Clements International will now be known as Clements Worldwide following the completion of a six month rebranding programme.
Sword Insurance snapped up by private equity firm
Private equity firm Thomas H. Lee Partners, L.P, has backed a leveraged management buy out of Sword Insurance from French-owned Sword Group.
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
DAS names legal services manager
DAS Legal Expenses Insurance has appointed Sue Renny legal services manager, with immediate effect.
Insurance think tank publishes annual survey findings
Think tank The Geneva Association has published the results of its annual membership survey of the views of more than 80 insurance CEOs on international regulatory efforts to contain systemic risk, national government response to climate change and the…
Insurance think tank publishes annual survey findings
Think tank The Geneva Association has published the results of its annual membership survey of the views of more than 80 insurance CEOs on international regulatory efforts to contain systemic risk, national government response to climate change and the…
Failure rates improve amongst UK SMEs
Experian’s latest Insolvency Index shows that the health of the UK’s micro and small business community improved in April.
Brake’s graduated licensing scheme is criticised by Young Marmalade
Young Marmalade, the insurance for young driver specialists, has disagreed with driving charity Brake over the graduated driver scheme they presented to Parliament yesterday.
British Insurance Awards 2011: shortlist announced
Today the Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Willis launches pay-as-you-go grey fleet cover
Willis has created an insurance scheme to address the insurance problems associated with allowing staff to drive their own cars on business – the so called grey fleet.
People moves – 26 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 26 May 2011 edition of Post.
Post history - 20 year ago: No panic over London HIV results
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Towergate sets £25m target for new in-house e-trading arm
Towergate Underwriting has targeted an additional £25m in gross written premium once its new commercial e-trading proposition goes live this summer. The firm currently claims to control a total of £600m in GWP — of which £75m is through various software…
LV in second IFB senior staff swoop
LV's counter-fraud division is on target to be 100-strong by the year end, 10 times the size of the start-up team that launched four years ago.
Legal expenses - ATE: End of the road?
With the government giving the green light to implementation of Lord Jackson's civil litigation reforms, Leigh Jackson details the adverse reaction of legal expenses insurers and whether this sounds the death knell for the ATE market.
Law change in Japan could override policies
New insurance regulations in Japan could inadvertently heighten the industry's exposure to the Japanese earthquake and tsunami damage and, in some cases, override existing policy wordings, according to a specialist lawyer.