Insurer
Marsh report highlights falling UK insurance rates last quarter
Insurance rates in the UK mirrored those of Continental Europe and Asia-Pacific in falling in the fourth quarter of last year, according to Marsh’s latest global insurance market quarterly briefing.
Direct Line founder Peter Wood on broker battles and kicking cats
The founder of Direct Line has described “getting out alive” as his best experience of the 1995 British Insurance Awards.
ANV eyes Lloyd’s expansion as it diversifies from marine business
ANV is looking to grow its presence in the Lloyd’s market and is actively engaged in acquisition talks, chief executive Matt Fairfield has told Post.
RSA commits to Edinburgh by opening new trading site
RSA has opened a new trading site in Edinburgh following feedback from brokers in the region.
ICAT and Ariel partner on US SME cat coverage
US property catastrophe insurer ICAT has partnered with Ariel Syndicate to deliver additional risk capacity to catastrophe-exposed small and medium sized businesses in the US.
ANV announces Syndicate 1861 restructure
Netherlands headquartered specialty insurance business ANV Holdings has announced a restructure of its underwriting leadership within ANV Syndicate 1861.
Enterprise issues Leeds United winding up petition
Leeds United Football Club is facing a winding up petition from its shirt sponsor, unrated Gibraltarian insurer, Enterprise.
Tracker to explore European expansion as DLG agrees terms with Lysanda
Direct Line Group has completed the sale of stolen vehicle recovery and fleet tracking telematics provider Tracker to Lysanda.
Hester hire enables RSA to remove 'for sale' sign, claim analysts
RSA’s appointment of Stephen Hester to the role of group chief executive has served to remove the ‘for sale’ sign that was rumoured to have hung over the company, according to analysts.
High-net-worth insurers fight Flood Re exclusion of highest council tax bands
Properties in band H will not be covered but insurers still have to pay levy
Insurers told to prepare for ‘seismic’ impact of driverless vehicle technology
ABI set to attend Valentine’s Day government summit on driverless cars.
Post magazine – 6 February 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Editor's comment: A crucial Valentine’s Day date
Autonomous – or driverless – cars are clearly the future.
ABI rejects suggestions mesothelioma payout will increase to 100% over time
Asbestos Victims Support Group Forum attacks exemption U-turn.
Insurance CEOs optimistic about revenue growth
The majority of global insurance chiefs believe they will grow their businesses over the next three years, research from PwC has found.
HCC hires Calderbank for PI role
HCC International has appointed Simon Calderbank to its London professional indemnity division to focus on information technology and communications risks.
RSA stock climbs 3% after Hester appointment
RSA’s share price has spiked in late trading after the insurer announced it had recruited former RBS chief executive Stephen Hester.
Former RBS boss Hester appointed RSA Group CEO
RSA has named Stephen Hester as group chief executive and a director of the company, filling the vacancy left following Simon Lee’s exit.
Police Mutual expands with Forces Financial deal
A mutual insurer supporting 200 000 police officers and their families is to expand with the acquisition of a provider of financial products to the military and police.
Penny Black's Insurance Week - 6 February 2014
Allianz has been employing some sneaky sponsorship techniques, Penny learnt this week.
Ask the expert: Assessing if a company if right for me
I am looking to move companies for the first time in years. How can I approach the interview so I seem keen while still assessing it's the right move for me?
Career file - Pat Regan: Aviva CFO Regan to join QBE in Australia
Aviva's chief financial officer Pat Regan is leaving the group to join QBE as its CFO in Sydney, Australia.
Market Moves - 6 February 2014
It was a busy week in recruitment again for insurers, with Ace, Marketform and XL Group among those recruiting.
GSII capital requirements must strike right balance, says Insurance Europe
Basic capital requirements devised by the International Association of Insurance Supervisor for global systemically important insurers need to strike a balance between risk-sensitivity and complexity, Insurance Europe has said.