Insurer
The difference a year makes
A year on from its near collapse and the US government bailout of AIG, senior figures from the broking sector and the insurer itself reflect on those testing early days and what has since happened in the market. Mairi MacDonald reports.
Bermudian insurer in potential payout over Willis settlement
Bermudian (re)insurer XL may have to pay out up to $50m to cover E&O insurance costs for Willis' settlement with CNA, Reinsurance has learned.
Pick of the week
Comparison Consortium loses two key members; Legal and General to re-enter motor market; Aviva’s John Kitson will never return to financial services; Clampdown on IPT proves costly for some insurers; Apil withdraws from mediation of fixed costs
JLT, Beazley team up for E&O program
JLT and Beazley expanding to offer consultant’s E&O program to additional classes of business.
Open GI widens development director board role
David Kelly handed responsibility for insurer partnerships
Government to get even tougher on uninsured driving with new measures
Road Safety Minister Paul Clark unveils proposal to make it an offence to keep an uninsured vehicle.
Showing its teeth
Contrary to predictions, one of the first major judgments to consider the issue of 'desirable activity' has arisen in the employer context. Paula Jefferson explains.
Ironshore establishes energy casualty unit
Bermudian (re)insurer establishes energy casualty division
QBE completes another acquisition
Insurance group in US swoop.
Moody's assigns ratings to Abu Dhabi insurer
Moody's Investors Service has today assigned a first-time insurance financial strength rating (IFSR) of A3 to Al-Ain Ahlia Insurance Co, which is based in Abu Dhabi in the United Arab Emirates.