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Brokers attend Professional Broking UK Broker Summit
More than 50 of the UK's leading brokers attended the inaugural Professional Broking UK Broker Summi...
AIG pays out billions
AIG has paid out billions from its emergency US government bailout to pay off counterparties of its ...
PwC survey highlights run off as prime concern
European insurance and reinsurance groups are increasingly scrutinising discontinued operations and ...
Security guard concealed medical history
Widlake v BAA Plc (Queen's Bench Division - 28 November 2008)
Broker and IFA team up
High-net-worth broker Smith Greenfield and independent financial adviser HFS Milbourne have joined f...
Direct Fleet signs up insurer duo
Online fleet insurance platform Direct Fleet Insurance has increased its panel of insurers to 14 wit...
Appointment at Beazley Group
Beazley Group has promoted Patrick Hartigan to lead its reinsurance division. Mr Hartigan has 18 y...
What the papers said this week
The Irish Independent RSA has established a subsidiary in Ireland. It is thought that the company...
Berkshire suffers Fitch hitch
Berkshire Hathaway has seen its issuer default rating and senior unsecured debt ratings downgraded b...
AIG Financial Products sells solar plant interests
AIG Financial Products Corp. (AIGFP), an AIG company (AIG), said it has sold its interests in three operating Spanish solar photovoltaic plants from its energy and infrastructure book to renewable energy private equity firm HG Capital for an undisclosed…
Reinsurance TV news review
Reinsurance reporter Alexander Ferguson talks to Anthony Gould, group editor in chief of Incisive Media's insurance division about the major news stories in the reinsurance sector this month including the continuing saga of AIG, the impact of changes at…
Willis boss Plumeri asks staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Post's sister magazine Reinsurance can reveal.
Plumeri asks Willis staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Reinsurance can reveal.
Close Brothers feels the pinch of volatile conditions
Close Brothers Group, the parent company of leading premium finance provider Close Premium Finance has recorded a dip in its operating profit before tax to £38.5m (2008: £69.8m) in the first half of the 2009 financial year.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: PBS Holdings CEO welcomes partner insurers' efforts to target smaller brokers; GAB Robins wins first major tender since UK business announced MBO intentions; Axa Insurance beats…
RSA broker boss to take time out after heart operation
RSA has confirmed that its broking boss is to take time off to recover from an operation.
US Treasury to deduct executive bonuses from latest $30bn bailout
The US Department of the Treasury has written to the US House of Representatives to say that it will deduct millions from AIG's rescue package in lieu of payments given to the insurer's staff in terms of bonuses.
CII president's dinner cancelled after gas leak
Last night's Chartered Insurance Institute president's dinner was cancelled after a gas leak shut the area around The Guildhall, London where it was to be held.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: PBS Holdings CEO welcomes...
Ace Saudi Arabia subsidiary in IPO
Ace Arabia Cooperative Insurance Company, a subsidiary of Switzerland-domiciled (re)insurer Ace, has announced that it will make an Initial Public Offering (IPO) on the Tadawul in Saudi Arabia.
Arch Re in management shake-up
Arch Reinsurance, the US-based reinsurance arm of Arch Capital, said it has promoted John Rathgeber to chairman and chief executive and Tim Olson has been appointed president and chief operating officer with effect from March 1, 2009.
Europ Asssistance hires new claims chief
Europ Assistance has appointed former Norwich Union employee David St Clair as head of travel claims.
E-business insights
Post's E-business strategy Management Briefing in London next week will tackle all the key issues facing those in the insurance industry responsible for driving their businesses online strategy. In addition to expert online speakers from Tealeaf, CGI,…