Articles by Callum Brodie
Axa raises storm concerns amid spiralling claims
Axa bosses have this afternoon revealed they have received three and a half times the usual number of storm claims over the past 24 hours.
F1 star appointed non-exec director at Ellis Clowes
International motor sport broker Ellis Clowes & Company has today revealed a boardroom reshuffle which will see former Formula One driver and TV pundit Mark Blundell take up the role of non-executive director at the firm.
Voyager boosts acquisition strategy with Culpeck deal
Voyager Insurance Services has started the new year by announcing the acquisition of a niche offering that provides cover to individuals with criminal convictions.
Direct Line launches January sale on home insurance
Direct Line has kick-started the New Year with a January sale on home insurance geared towards householders looking to cut costs following a Christmas spending spree.
Beazley interest in Hardy underlines 2012 consolidation, claims Fitch
Fitch Ratings has reiterated its expectation that 2012 will signal an increased consolidation in the non-life insurance sector, following the news of Beazley's renewed interest in buying Hardy Underwriting Bermuda.
Amlin purchases $150m worth of international cat cover
Amlin has revealed that it has acquired coverage for US hurricane, US earthquake and European windstorm perils of up to $150m (£95.7m) from Bermudian special purpose insurer, Tramline Re.
M5 crash verdict still months away
Police investigators believe it could take another three months to identify the root cause of the M5 crash which claimed seven lives last month.
European Commission offers equality guidance to insurers
The European Commission has today adopted guidelines to help the insurance industry implement unisex pricing, after the Court of Justice of the European Union ruled that different premiums for men and women constitute sex discrimination.
Record cat losses spark two speed market, claims Marsh
Rate decreases remain possible in many lines of business despite the fact that the fourth quarter of 2011 witnessed rising global insurance rates in most loss-affected territories and classes of business.
JLT appointed to manage new mortgage indemnity scheme
Jardine Lloyd Thompson has been appointed by the Home Builders Federation to manage and develop the newly introduced mortgage indemnity scheme, which will see mortgages on new build homes underwritten by house builders and the government.
KPMG boss predicts 'greater scrutiny' in 2012
Next year will see a return to underwriting disciplines for general insurers as their financial performance comes under greater scrutiny and they face increased regulatory interest.
Mapfre board praise outgoing chair following restructure
The restructuring process at Mapfre has been concluded with the election of Antonio Huertas Mejías to the position of chairman of the company and chief executive of the group.
Ipswich broker celebrates achieving chartered status
Staff at Pound Gates are celebrating after being awarded the title of ‘chartered insurance broker’ by the Chartered Insurance Institute.
Aon pays fines upwards of $16m following bribery charges
Aon has responded to charges that its subsidiaries bribed international government officials by agreeing to pay more than $16m (£10.1m) in fines.
Jubilee exit for former CEO Loucaides
Jubilee Group Holdings chief executive Johnny Rowell has this morning announced that Andreas Loucaides will be leaving the business with immediate effect.
Tokio Marine bolsters UK operation with double appointment
Tokio Marine Europe is preparing to grow its UK regional operation following the appointment of Leigh Meekings and Rob Skilbeck to the firm’s underwriting team.
Moody's completes £50m Barrie & Hibbert buyout
Moody’s Corporation today announced the capture of Edinburgh-based risk management modeling firm Barrie & Hibbert in a deal worth £50m.
FSA slaps CICA with £2.8m fine for poor customer treatment
Combined Insurance Company of America has been fined £2.8m by the Financial Services Authority after “systematic failings” across the business were identified.
Barclays Corporate steps up NBFI push with insurance appointment
Bosses at Barclays Corporate have vowed to continue to develop the firm’s non-bank financial institutions following the appointment of new head of North American insurance Karla Maloof.
Towergate signs development manager
Towergate Underwriting has announced that Eileen McFadden will be heading up the newly created role of corporate partner development manager at the firm.
Kennedys invests in transport and logistics with key appointment
Kennedys today confirmed the appointment of Christine Branton, in a move which is expected to boost the international litigation firm’s transport and logistics practice.
Allianz Engineering steps up surveyor recruitment
Allianz Engineering has increased its engineer surveyor workforce with an additional 21 surveyors entering the field in the past quarter, bringing the total to 34 for the year.
Groupama hit with S&P downgrade to BBB-
Groupama has suffered a ratings downgrade at the hands of Standard & Poor's despite the France-based insurer announcing a range of key strategic actions designed to halt the recent slide.
Exposure to eurozone economies impacts Aviva credit rating
AM Best has responded to ongoing negative developments arising from the eurozone sovereign debt crisis by taking rating actions against Aviva and a number of other European insurers.