Marine
Chaucer bolstered by rate rises across UK and energy portfolios
Chaucer this morning reported gross written premium income of £274.1m for the first quarter of 2011 (2010 Q1: £250.1m).
Editor's comment: All action, no talk
Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…
RSA plans to 'dominate' marine after niche buy
RSA's acquisition of niche marine broker Noble Marine is part of a plan to dominate the UK marine market, according to marine director Richard Turner.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
Cooper Gay unveils UK restructure
Cooper Gay has restructured its UK business, Cooper Gay & Co, into three core trading units to form what it hopes will be a "stronger and more streamlined platform" for growth.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
RSA reports Q1 premium rise
RSA has reported net written premiums of £2.1bn, up 8%, in the first quarter of 2011.
Interview - Tim Coles: up and at it
After serving in the army, Tim Coles, chief executive of Howden, found fresh excitement in the world of insurance. Mairi MacDonald talks to him about the company's unique attitude and his plans to grow the business further.
Post history - 50 years ago: Largest cover on a single vessel
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.
Biba 2011: Catlin targets UK brokers with 'Select' and 'Online'
Catlin has today unveiled a brand new suite of products aimed specifically at UK brokers.
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Marketform adds to marine team
Lloyd’s insurer Marketform has confirmed that underwriter Gary Cooke will join the company on 1 June as head of marine cargo underwriting.
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
Post history - 30 years ago: Insurers face £10m bill for Salem loss
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 30 years ago reveals.
Acquisitive Higos buys another broker in South west drive
Higos Insurance Services has acquired Plymstock Insurance Centre, near Plymouth.
Willis: sufficient coverage harder to retain in politically volatile regions
A report from Willis has revealed that companies operating in politically volatile regions of the world may soon struggle to retain sufficient insurance coverage to protect their assets and staff.
The Channel Syndicate names marine boss
The Channel Syndicate has appointed Iain Macleod as head of its marine division.
Kiln announces syndicate merger
Underwriting group Kiln is to merge its Lloyd’s syndicates 807 and 510.
Marine piracy at all time high, with Somalia leading hot spot in Q1 2011
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce International Maritime Bureau’s global piracy report revealed today.
Interview - Michael Walter & Edward Maddison: Engaging the next generation
Lynn Rouse talks to ASL's Michael Walter and Edward Maddison about expanding horizons, operational expertise and engaging the firm's next generation.
Samsung's Europe venture gains A rating
AM Best Europe has assigned a financial strength rating of A (Excellent) and issuer credit rating of ‘a’ to Samsung Fire & Marine Insurance Company of Europe.
Samsung's Europe venture gains A rating
AM Best Europe has assigned a financial strength rating of A (Excellent) and issuer credit rating of ‘a’ to Samsung Fire & Marine Insurance Company of Europe.