Mergers & acquisitions (M&A)
In Series - Professionalism & CPD: Driving forward
In the midst of a financial crisis, Alan Woof commends the insurance industry's enhanced investment in professional development of underwriters but calls for co-ordinated efforts to push further.
Post in print - 14 October 2010
Senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
Notts broker plans recruitment drive
Nottingham-based insurance broker Brown Bevan has opened a shop-front office in Arnold.
UK insurance giants RSA and Aviva out of the running for Quinn
Five groups, including Anglo Irish Bank, Travelers Insurance and Liberty International, have been short listed as the preferred bidders for Quinn Insurance, according to reports.
Munich Re affirmed as A+ by AM Best
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Munich Re and its subsidiaries.
Zurich expands Middle Eastern operation with swoop
Zurich has signed an agreement to acquire 99.98% of Compagnie Libanaise D’Assurances SAL, a privately owned Lebanese insurer with branch operations in the United Arab Emirates (UAE), Kuwait and Oman.
Interview: Looking to the future
Jason Howard, chief executive officer at Willis Re International and Specialty, tells Katherine Blackler about how broking has changed for the better.
Monte Carlo roundtable: State of play
Mairi Mallon leads proceedings at the annual PricewaterhouseCoopers-sponsored Reinsurance roundtable at the Monte Carlo Rendezvous, where industry experts gathered to talk about the industry's hot topics.
LFC growth continues with Essex aquisition
Essex-based commercial broker LFC Insurance Group has added to its personal lines portfolio through the acquisition of Chelmsford Insurance Centre.
Snowball eyes return to UK
Former Aviva board director Patrick Snowball has revealed his firm intention to return to the UK insurance market when his contract with Australian financial services firm Suncorp finishes in 2013.
Top six insurers only ones safe from SII M&A wave
The incoming Solvency II regime could lead to increased merger activity among European mid-tier insurers, Allianz's Andreas Berger has claimed.
Ex-CBG director makes comeback with Willis
Former CBG director Karen Mercer is set to re-enter the insurance market with a senior role at Willis, Post has learnt.
Interview - Patrick Snowball: Turning the light on at Suncorp
When Patrick Snowball headed to Brisbane to take the reins at Suncorp, many in the UK industry were surprised. Jonathan Swift finds out why he took this particular job offer and his plans for his tenure.
Customer value management: Improving margins
Broker marketing skills have become ever more important in the personal lines market, with the growth of online aggregators. Tim Ham reports on the increased need for customer value management to optimise profit.
Hyperion deal
Hyperion Broking has agreed to acquire Singapore's Accette Insurance Group.
Postscript - 20 years ago: CII and CIBS merger is postponed
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
CBG acquires Rockbridge Healthcare
Insurance broker CBG has completed its first acquisition in two years with the purchase of medical intermediary Rockbridge Healthcare.
Life insurers are the “dinosaurs of the 21st century,” warns Snowball
Suncorp group chief executive Patrick Snowball, the man who previously ran Aviva’s UK operation, has warned life insurers they could die out unless they innovate and change.
CCV makes four further acquisitions
Cullum Capital Ventures has taken its acquisition total to nine for 2010, after the firm picked up four businesses in September.
RSA acquires GCAN Insurance
RSA Insurance Group has announced the acquisition of GCAN Insurance Company.
LFC makes regional acquisition
LFC Insurance Group, the Essex-based commercial brokers, has today completed its second acquisition in the past two months.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.
Postscript - 20 years ago: Job loss threat for aviation staff
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.