Insurer
Arle completes CSG sale and acquires new partner
Arle Capital Partners has sold Capital Safety Group for an enterprise value of $1.12bn (£72m) in a deal which will see former CSG chief executive Anders Pettersson join Arle as a partner.
Talanx and KBC reach €770m agreement on Warta
KBC group has reached an agreement with Talanx International AG for the sale of 100% of the shares of KBC's Polish insurance subsidiary TUiR Warta for a total consideration of €770m.
Haymarket expands marine security in face of piracy threat
Haymarket Risk Management is expanding its maritime security division in response to the growing threat of piracy.
Lockton Dubai gains Lloyd’s broker status
Lockton Dubai has received Lloyd’s broker registration.
Axa SA and Ace believed to be vying for HSBC
Axa SA and Ace are believed to be in the final running for HSBC Holdings’s non-life insurance operations.
CNA Europe extends health products to include BI
CNA Insurance Company has has added property and business interruption coverage to its suite of products for the advanced medical technology sector.
Monoline insurer snaps up multi-million pound Ambac hospital deal
Troubled monolines insurer Ambac has lost a £100m hospital guarantee bonds contract to Assured Guaranty and its rival vows to replace it on more infrastructure projects this year.
G4S eyes further contract wins following Aviva deal
Speaking to Post about the future direction of G4S Cotswold Group, it said that the contract with Aviva is the first of what it hopes will be a series of “high profile” contract wins for the Cotswold Group in its first year in the G4S stable.
Cost of Eurozone split is strong incentive to stay together
The disintegration of the Eurozone would be highly damaging both for countries that left and countries that remained in the union, according to an Altradius report.
JLT Specialty prepares for Nottingham office opening
JLT Specialty has confirmed its intention to open a new UK regional office in Nottingham within the coming months.
Aviva transfers 80 claims staff to G4S
Eighty field-based investigators have left Aviva as part of a shake-up of its motor and bodily injury claims division.
Romanian protest damage not covered by most policies
The damage from violent street protests in Bucharest on Sunday (January 15) could amount to between €300 000 and €450 000, most of which are not thought to be insured.
Spotlight on whiplash claims highlights importance of good documentation
Recent news stories about whiplash claims are a reminder for doctors to ensure they take robust notes when treating patients presenting with neck injuries following car accidents, according to the Medical Protection Society.
DAS recruits first ever COO
The DAS group has appointed Paul Timmins, pictured, to the newly created role of chief operating officer.
Hospitals ordered to remove PI ads
NHS trusts have been ordered to remove ‘no win, no fee’ adverts for personal injury lawyers featured in leaflets to patients, according to the Telegraph.
Law Assist revamps clinical negligence product
Arundel based ATE provider Law Assist, has revamped its clinical negligence product by combining the cover and benefits of three policies into a single policy called Clinical Justice Assist.
Swiss Re appoints new CEO to replace Lippe
Swiss Re's board of directors has appointed Michel Liès as the new group chief executive officer as of 1 February 2012.
AA finds home insurance premiums rising steadily
Home insurance premiums continued a steady upward trend towards the end of 2011, with the average quote for annual buildings, contents and for combined policies rising by 11% over the course of last year.
Dual Ireland appoints Marsh commercial broker
Specialist underwriting agency Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
APC adds Liberty Mutual to capacity providers
Commercial underwriting agency APC has secured additional capacity from Liberty Mutual Insurance.
Martha Gorman joins Dual Ireland
Dual Ireland has expanded its Dublin-based team with the appointment of Martha Gorman as development underwriter for financial lines.
My best 11- Phil Bayles, Aviva
Aviva’s Phil Bayles selects his best XI for an insurance start-up. The director of brokers and key partners opts for a team made up almost entirely of broking stars, aided by Southampton legend Matt Le Tissier as a supporting forward.
Penny Black’s insurance week
Penny was delighted to visit the London Boat Show with Zurich on Thursday.
Career development: LV creates Bristol roles
LV is expanding its Bristol-based operations, creating 50 new roles in the city. The insurer, which employs 500 people in Bristol, is boosting its customer service division and will to bring in the new staff during the first quarter of this year, with…