Insurer
Ironshore launches new environmental products for Europe
Dublin-based insurer Ironshore Europe has launched a suite of environmental products for the European market.
Sciemus recruits Kane founder to head up space insurance
Sciemus has appointed Kane Group founder Paul Aitchison to the position of director of space insurance.
MMA to rebrand as Covéa as part of UK merger with Provident
Covéa has announced that Provident Insurance and MMA Insurance will merge into a single company, in a move which has been touted as a “platform for growth” within the UK market.
Eurozone financial services companies face challenging 2012
Solvency will remain a key challenge for Eurozone financial services companies throughout 2012, despite the positive action taken by the European central bank.
RBSI completes transfer of underwriting functions
RBS Insurance has completed the transfer of three of its general insurance underwriting functions into a single company in preparation for Solvency II.
New managing agent enters nuclear market
New managing agent, Northcourt, was launched today, bringing fresh capacity to the global nuclear insurance market.
Oman Insurance Company appoints new senior management team
Oman Insurance Company has appointed a new senior management team.
Marsh and Amlin to work with new nuclear managing agent
A managing agent which claims to have brought the first new capacity to the global nuclear insurance market in more than a generation has been launched.
Deutsch replaces London on Beazley Furlonge board
Bob Deutsch has joined the board of Beazley Furlonge, the Lloyd's managing agency that forms part of Beazley, as a non-executive director.
Clustering seen as Windstorm Andrea follows hot on Ulli's heels
Windstorm Andrea passed through the UK earlier last week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland.
Axa raises €2.5bn to invest in the European property market
French insurer Axa will invest up to €2.5bn in the development of green and brownfield sites and existing properties which require extensive redevelopment across the continent, to exploit the gap left by banks in the property lending market.
Liberty Syndicates appoints new head of risk management
Liberty Syndicate Management, a member of Liberty Mutual Group, has appointed Dan Wilkinson as head of risk management.
QBE appoints French general manager from Marsh
QBE has appointed Jean-Philippe Pagès as general manager of QBE France replacing Jean Basset.
Liberty hires new risk management boss
Liberty Syndicate Management has appointed Dan Wilkinson as head of risk management.
Brokers hit harder than insurers, says CBI/PwC survey
Insurance brokers’ profitability dropped back after an unexpectedly strong fall in the volume of business and value of premium income, according to the latest PwC survey for the Confederation of British Industry.
CBG to insure carbon offsetting firm
CBG Insurance Brokers is to provide insurance for a firm which helps businesses offset their carbon footprint by providing carbon credits.
Insurers miss out on profits because of poor risk reporting
Around 72% of insurance and risk industry professionals believe the industry is missing out on vital profit due to inefficient risk reporting.
A windstorm for the insurance market
As the market gradually starts to digest the recent European renewals, Francesca Nyman considers the increasing challenge that European windstorms pose and whether insurers are adequately protected against this risk.
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
Natural Catastrophes poll
The sequence of earthquakes and large number of weather-related catastrophes have led some insurers to brand 2011 the costliest year ever in terms of natural catastrophes.
More M&A expected in Thailand after reinsurers review flood losses
Heavy losses from Thailand’s recent floods are dampening the appetite of global reinsurers to write business in the region.
LV Broker makes double promotion
LV Broker has promoted Kevan Aubrey and Mark Campbell to the positions of head of commercial distribution and head of key commercial accounts respectively.
FM Global appoints Rod Fisher senior VP for underwriting
Commercial property insurer FM Global has appointed Rod Fisher as senior vice president of underwriting and reinsurance.