Insurer
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.
Post history - 50 years ago: Uninsured drivers age-old problem
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Chaucer takeover set
The acquisition of Chaucer by The Hanover Insurance Group, set for completion by 1 July, will create a combined premium income of $4bn, and bring scale, diversity and financial strength benefits to all stakeholders, according to the Lloyd's insurer.
Ageas to hike household rates to emulate motor
Ageas is set to continue hiking rates on its household insurance, on top of the 10% it has already pushed through in the first quarter of 2011, in a bid to replicate the improved combined ratio already seen in its UK private motor performance.
Gable CEO blasts FSA for large firm bias over SII
The chief executive of Liechtenstein-regulated insurance company Gable has accused the Financial Services Authority of failing to support small insurance companies in the run-up to Solvency II implementation.
Post history - Five years ago: Zurich first in sponsoring restoration
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Claims Club dinner & awards 2011
Jonathan Swift, chairman of the judging panel and Post's editor-in-chief, welcomed guests to the 2011 Claims Club annual dinner at Grand Connaught Rooms, London by praising the hard work that the claims industry does and explained that in aiming to…