Insurer
Former PWS chief executive jailed for 21 months
Julian Messent, the former chief executive of broker PWS International, has been jailed for 21 months after admitting making or authorising bribes totalling $2m.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
UK personal motor market to remain unprofitable until at least 2015
The UK personal motor market is to remain unprofitable until at least 2015, according to a survey of UK insurers by Tower Watson.
QBE set to cut four Evergreen staff as part of rebrand
QBE has confirmed it is to re-brand its December 2009 purchase Evergreen.
Brit reports 8.5% drop in GWP
Brit Insurance has reported an 8.5% reduction in gross written premium to £1.22bn for the nine-month period ended 30 September 2010 (3Q 2009: £1.33bn), a decrease of 9.0% at constant exchange rates.
Brit agrees cash offer with bidders
Brit Insurance has reached agreement with Apollo Management and CVC Capital Partners that will see the insurer’s shareholders receive up to £11 per Brit share.
Brit reports 8.5% drop in GWP
Brit Insurance has reported an 8.5% reduction in gross written premium to £1.22bn for the nine-month period ended 30 September 2010 (3Q 2009: £1.33bn), a decrease of 9.0% at constant exchange rates.
AIG CEO Benmosche says he "feels fine" after chemotherapy
AIG has announced that its president and chief executive officer, Robert H. Benmosche, has been diagnosed with cancer and is undergoing aggressive chemotherapy.
Brit agrees cash offer with bidders
Brit Insurance has reached agreement with Apollo Management and CVC Capital Partners that will see the insurer’s shareholders receive up to £11 per Brit share.
AIG CEO Benmosche says he "feels fine" after chemotherapy
AIG has announced that its president and chief executive officer, Robert H. Benmosche, has been diagnosed with cancer and is undergoing aggressive chemotherapy.
Tesco Underwriting appoints Rok
Rok has been selected by Ageas and Tesco Underwriting to be part of the panel providing building repair, claims management and validation services.
Allianz, BMW and Mini unveil tyre insurance product
Insurer Allianz and vehicle manufacturers BMW and Mini have joined forces to launch a new tyre insurance product.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
Antares adds underwriter to treaty team
Lloyd’s managing agency Antares has appointed Fergus Reynolds as property treaty deputy underwriter.
Hannover Re subsidiary anticipates stable prices in Germany
E+S Rück, which bears responsibility for German business within the Hannover Re Group, is predicting a stable environment in Germany in 2011.
Torus boosts Swiss professional lines team
Torus has appointed Michael Kuprianczyk as a professional lines senior underwriter based in Zurich.
Torus boosts Swiss professional lines team
Torus has appointed Michael Kuprianczyk as a professional lines senior underwriter based in Zurich.
Jackson proposals to "restore balance" in negligence claims
The costs of settling clinical negligence claims have spiralled in the last 30 years with average claimants’ legal costs increasing by three times the rate of inflation since 1981, according to the Medical Defence Union.
Liberty expands UK property team
Liberty International Underwriters has made three regional appointments to its UK property insurance team.
Underwriting Service Awards 2010 - full shortlist
The final shortlist for the inaugral Underwriting Service Awards 2010 have now been released - with the eventual winners due to be revealed at a special awards dinner in London on 17 November.
Co-operative snubbed by Resolution and Phoenix in £18bn life arm sale
The Cooperative Group is considering selling its life insurance business following last year's merger with Britannia, according to reports.
Quinn administration fees approved
Further fees have been agreed for the joint administrators, Grant Thornton in charge of Quinn Insurance, according to the Irish Times.
Finnish insurance giant moves into healthcare
Finnish Insurance giant Pohjola Insurance is set to move into the healthcare market for the first time.
Quinn administration fees approved
Further fees have been agreed for the joint administrators, Grant Thornton in charge of Quinn Insurance, according to the Irish Times.