Insurer
Quinn administrators' 'negligence' suit progressing against PWC
Legal pleadings in litigation involving Quinn Insurance’s administrators and the defunct insurer’s accountancy firm PWC are expected to be finalised this summer, with a potential full hearing likely to conclude in 2017.
Benedict Burke moved to new role at Crawford & Company
Crawford & Company has moved senior vice president Benedict Burke to a new role as part of a newly announced restructure of its global markets operation.
Post magazine - 16 April 2015
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Outgoing Bluefin CEO Bruce unlikely to follow Reid to Gallager
Stuart Reid is not expected to be joined at Arthur J Gallagher by former Bluefin colleague Mike Bruce, Post understands.
British Insurance Awards 2015 - The shortlist
Today Post reveals the firms that have been shortlisted for the 2015 British Insurance Awards.
Organ named Bluefin CEO as Stuart Reid and Mike Bruce depart
Robert Organ has been appointed as CEO of Axa-owned Bluefin Insurance Group, subject to regulatory approval.
Mortimer departs Das after eight years
Legal expenses insurer Das has confirmed that its head of legal services, Kathryn Mortimer, has left the firm.
CMA to investigate Willis and Miller deal
The Competitions and Markets Authority has decided to launch a formal investigation into the proposed majority acquisition of Miller Insurance Services by Willis.
Exor bid raises doubts over £7.3bn Partner Re and Axis merger
The planned merger between Partner Re and Axis Capital could be dashed following a $6.4bn (£4.3bn) bid by Italian operation Exor to acquire the reinsurer.
Markerstudy tempted by Gibraltar pair before sealing Chaucer deal
Markerstudy was interested in acquiring either one of Gibraltar-based pair Octagon or the now defunct Service Insurance Company before sealing a deal to buy Chaucer's UK motor book.
Scenario testing required as industry concerns over EU exit increase
Insurance firms are being urged to adopt scenario testing from this year in preparation for the proposed referendum on the UK's European Union membership under a future Conservative government.
Brit syndicate growth highlights Lloyd's desirability for M&A buyers
Gross written premium growth experienced by Brit's sole Lloyd's syndicate in 2014 is a marker of the continuing attractiveness of having a sizeable Lloyd's platform for companies seeking a third party buyer, according to market analysts.
NIHL overcrowding leading to claims 'backlog' as new entrants flood market
The noise induced hearing loss arena is producing a logjam of claims and is becoming overcrowded with new entrants, according to members of both the defendant and claimant legal fraternities.
Applied Systems relocates Brighton HQ
Applied Systems has relocated its UK headquarters to Invicta House in Trafalgar Place, Brighton's flagship business development centre.
Outgoing MP Evans becomes non-exec chair of Allied World MGA
Veteran parliamentarian Jonathan Evans will take on the role of non-executive chairman of Allied World Assurance’s Lloyd’s managing agency after stepping down as MP for Cardiff North.
Ex-RSA CDO Hood resurfaces in asset management sector
Former RSA chief digital officer Ian Hood has resurfaced in the asset management sector after joining Fidelity Worldwide Investment as head of digital for the UK business.
Dual launches Netherlands marine operation
Hyperion's underwriter Dual has opened its first Netherlands office writing marine and energy lines.
IUA brands Scottish plans to recover asbestos costs 'an abuse of process'
The Scottish government’s proposal to recover medical costs for treating asbestos diseases is unequitable, could prove unlawful and would drive up the cost of liability insurance, according to the International Underwriting Association.
Vienna Insurance Group hails ‘major increase' in profit
Vienna Insurance Group has reported a 46% increase in profits to €514m (£373m) for 2014, as well as reduction in COR.
Seasonal competition triggers marginal drop in Q1 motor rates
Motor insurance rates are expected to continue upwards despite a slight reduction caused by seasonal competition during the opening quarter of the year.
Snowball to leave Suncorp in October
Patrick Snowball is set to relinquish his role as CEO of Suncorp in October with Michael Cameron, CEO of property group GPT, replacing him.
Axa expands Singapore post office offering
Axa is to increase its insurance offering to 44 SingPost branches and will include general insurance.
Euler Hermes names new UK CEO
Trade credit insurance firm Euler Hermes has appointed Valerio Perinelli as the new CEO of its UK operation.
Penny Black super speed meets: Hannah Squirrell
Hannah Squirrell is marketing director – insurance, Tesco Bank.