Insurer
QBE names new regional bosses
Insurer QBE has appointed two new regional business heads to its UK underwriting network.
New Irish Regulator challenges Quinn to "show me the money"
The new Financial Regulator Matthew Elderfield yesterday challenged Quinn to “show him the money”.
Moneysupermarket names Carnegie-Brown as NED
Price comparison giant Moneysupermarket has named former Marsh chief executive Bruce Carnegie-Brown as a non-executive director.
Make your presence felt
Enterprise UK project manager Emma Thorn talks to Post about the major new SME initiative she is spearheading.
Insurance industry must do more to combat piracy – House of Lords
A report released from the House of Lords has said that the insurance industry “must accept a greater degree of responsibility” in the fight against piracy
FTSE 100 reaches highest level since 2008
On Wednesday afternoon the FTSE 100 broke 5800 for the first time since 2008, fueling speculation that the UK is seeing a sustained upturn in its economy.
Post in print - 15 April
Post reporter Amy Ellis provides a quick overview of this week's major stories including: offshore insurers deny Quinn claim; Brittain steps down at Finsure:Aviva flood move and Carole Nash hit by legal bill.
Rowell suspends Lloyd's start-up plans
Former Beazley boss Johnny Rowell has postponed plans to re-enter the market with a Lloyd’s syndicate start-up.
FTSE 100 reaches highest level since 2008
On Wednesday afternoon the FTSE 100 broke 5800 for the first time since 2008, fueling speculation that the UK is seeing a sustained upturn in its economy.
Securities lawsuit filings drop and dismissals surge - Advisen
New credit crisis suits plunge, but financial firms still are in plaintiff attorneys’ crosshairs according to a report by Advisen.
AIG: Bernstein erred in reserve-shortfall estimate
AIG told US regulator that Sanford C. Bernstein’s review of its claims-paying resources relied on faulty analysis.
Elite launches new insurance products
Elite Insurance has launched three new insurance products, decennial, gap and accident, sickness and unemployment, in the hope of boosting its potential revenue streams by up to £20m over the next two to three years from £30m.
New partner for DWF’s insurance team
Julie Bowker is the latest new partner to be appointed to the existing 50 commercial insurance team in Manchester headed by Kieran Walshe.
Quinn staff plan to hold rally on Friday
Quinn employees are to hold a rally on 16 April at noon outside the regulators office at the Central Bank in Dublin.
Law firms welcome class action u-turn
The government has dropped controversial plans in the Financial Services Bill to allow class actions against financial institutions.
News analysis - Aggregators: Motoring on
With motor rates leaping up by 15%, Tom Cooper assesses whether prudent, profitable pricing is finally on the horizon
Comment - insurance law reform: Reform can't wait
Now plans to reform the legal framework for commercial insurance have been delayed, buyers are increasingly taking action to strengthen their rights in the event of a claim. John Hurrell argues the archaic law governing pre-contract disclosure is…
Quinn given hope over UK insurance return
The Financial Regulator has offered Quinn Group some hope that it may be allowed to reopen for insurance business in the UK, albeit in a limited capacity.
Offshore insurers deny cutting rates to win ex-Quinn business
Two unrated offshore insurers said to be among the key beneficiaries of Quinn¹s problems in the UK have hit back at suggestions they are underpricing risks to win commercial business previously underwritten by the Irish firm.
Allianz hires new household operations manager
Allianz has appointed Gary Coton as household operations manager responsible for handling all UK household claims.
Finsure MD steps down ahead of run-off
Royal Bank of Scotland’s Finsure Premium Finance has parted company with managing director Trevor Brittain ahead of its closure next year.
Libs to give mutuals dedicated minister and create local stock exchanges
In order to sustain jobs and promote growth, the Liberal Democrats today said it planned to set up an Infrastructure Bank to direct private finance to essential projects such as new rail services and green energy, building the environmentally sustainable…
Matthews named new FSSC chairman
Trevor Matthews has been appointed as chairman of the Financial Services Skills Council.Mr Matthews is chief executive of Friends Provident and immediate past president of the Chartered Insurance Institute.
Lloyd's hosts Tower Hamlets public speaking competition
Lloyd's hosted the final of the annual Tower Hamlets public speaking competition where Year 10 students gathered to give their views on the topic 'Social networking sites: harmful or empowering?'.