Brit Insurance
Brit Insurance unveils Chinese intentions as post tax profit rises to £84.7m
Lloyd's insurer Brit has today announced it has developed "prudent options" to assess growth potential in China, to grow its specialty underwriting business "cautiously and profitably".
Brit COR improves to 93.2% in 2012
Brit has produced an operating profit of £113.6m for the full year 2012 (2011 restated: £68.4m) and an impoved combined ratio of 93.2% (2011 restated: 99.6%).
Former Brit and NIG head Vivek Banga joins AJ Gallagher as e-trading boss
Brit's former head of UK distribution Vivek Banga has joined Arthur J Gallagher International as its director of e-trading.
PIA appoints ex-Brit boss Grant eight months after Dual exit
Professional Insurance Agents has confirmed the appointment of Tim Grant as interim chief operating officer.
Ex-Brit director Cooter resurfaces at Covéa following QBE exit
Covéa Insurance has appointed former Brit director of market management and regional operations Simon Cooter as commercial lines director.
General insurance review of the year: It never rains, but it pours
Flooding, and the ongoing struggle to replace the Statement of Principles, has been at the forefront of a range of difficulties faced by the general insurance market in 2012. Will 2013 bring a silver lining?
Brit's Doran joins QBE as underwriting manager
QBE has appointed Amanda Doran, pictured, as underwriting manager of its UK combined portfolio with immediate effect.
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Sponsorship: Your name here
From wheelchair rugby to fencing, insurers have a strong interest in sport. Why is such sponsorship so popular, and how do the parties involved benefit?
Dual launches general liability division with Brit hires
International underwriting agency Dual has formed a new division to underwrite specialty liability business as part of the continued expansion of its product range.
Market moves: CEO change at Willis takes the headlines
Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…
QBE shuts Reading office amid restructure
QBE is closing its Reading office as part of a reorganisation of the firm's south of England operations.
Brit hires new chief financial officer
Brit Insurance has appointed Andrew Baddeley as chief financial officer, replacing Scott Egan who left the business in April to join Towergate as group CFO.
Hastings relaunches People's Choice
Hastings Direct has given motor insurance brand People's Choice a fresh look to make it more engaging for customers.
Post Top 100 UK Insurers Supplement: Brand analysis - Survival of the fittest
Belt-tightening, regulation and rising costs have proved a challenging triumvirate for the industry. But, while some insurance brands have faltered, others have prospered.
Aviva director quits for Towergate
Aviva's shared services director, Alison Wilford, is to leave the insurer to join Towergate.
Brit integration leads to Birmingham office relocation for QBE
QBE has been forced to relocate its Birmingham operation to a larger office as a result of the ongoing integration of the Brit Insurance business.
QBE records 26% increase in insurance profit in H1 2012
QBE Insurance Group made an insurance profit of $965m for the first half of the year ended June 2012, an increase of $203m on 2011.
Lark buyout casts doubt on long-term viability of insurer-owned brokers
The management buyout of Lark after five years of Groupama ownership has raised questions over the long-term viability of insurers taking controlling stakes in broking businesses.
Aviva backs Pedal Safe cycling insurance
Aviva, Brit and Jubilee have begun jointly underwriting cyclist insurance product Pedal Safe.
Brit lead underwriter heads to Dual with speciality liability team
Departing lead underwriter John Murphy has thanked his former employers at Brit Global Specialty after revealing his decision to join Dual, taking his entire underwriting team with him.
Markel appoints PI underwriter from Brit
Markel International has appointed Les Telford as a senior underwriter for UK and international professional indemnity in the firm's professional liability division.
Brit improves H1 COR to 93.3%
Brit Group posted a combined ratio of 93.3% for the first sixth months of 2012, down from 104.8% for the first half of 2011, reflecting benign cat activity during the period.