Insurer
Axa and Japan Post ranked world's largest insurers
French insurer Axa once again came top of AM Best’s ranking of the world’s 25 largest insurance companies as measured by net premiums written, while Japan Post Insurance Company led the ranking measured by nonbanking assets.
RIMS names 2012 president
The Risk and Insurance Management Society has appointed Deborah Luthi to lead the society as president for the 2012 term.
Poole broker aims to meet demand with recruitment drive
A Poole-based broker is targeting future growth following the appointment of four new team members with more than 40 years combined experience.
Axa raises storm concerns amid spiralling claims
Axa bosses have this afternoon revealed they have received three and a half times the usual number of storm claims over the past 24 hours.
£9m police fraud unit opens for business
The insurer-funded police fraud unit officially launched today.
F1 star appointed non-exec director at Ellis Clowes
International motor sport broker Ellis Clowes & Company has today revealed a boardroom reshuffle which will see former Formula One driver and TV pundit Mark Blundell take up the role of non-executive director at the firm.
Argent launches online chat facility
Rehabilitation provider, Argent, has launched a facility to enable customers to directly interact with clinical professionals online.
Nat-cats dominate renewals with modest change on other classes
The volume of catastrophe losses in 2011 from unmodeled or inadequately modelled perils has lead reinsurers to be more forceful in their demand for greater transparency of data and look to sub limit their exposure to manageable levels, according to…
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.