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Bupa revenue increase
Bupa's UK insurance arm has reported a 3.6% increase in revenues of £1.97bn in 2008, and an organic ...
Exchange feels effect of property slump
Specialist insurer Exchange Insurance Company has entered administration, following the slump in the...
Appointment at Colemont
Colemont Insurance Brokers has appointed Andy Edwards, Matthew Farrar, Anthony Frankel and Doug O...
M&S returns to Confused panel
Marks & Spencer has landed a place on the home insurance panel of price comparison site Confused.
Insurers see value in run-off portfolios in the current economic crisis
Over 60% of insurance businesses surveyed for a new report by PricewaterhouseCoopers believe the financial crisis is a key issue for the European insurance industry.
Allstate chairman calls for financial reform
The chairman of one of the United States' biggest insurers has called for financial reform following the collapse of global stock markets.
Pick of the week
Post senior reporter Sarah Hills looks at the major stories in this week's Post: RSA to take on SME king NU in bid to regain top spot; Brokers tipped to follow NMB in LLP status; Saga on hunt for insurers after £300m snub; Hastings to cut underwriters;…
Reinsurance Broker of the Year 2009 - is that you?
This year's prestigious British Insurance Awards, which are presented at the Royal Albert Hall in London on the 8th July infront of 2000 of the industry's movers and shakers includes a new category this year - The Reinsurance Broker of the Year . The…
Chaucer reacts to Novae talks collapse
Chaucer insists that talks are ongoing despite Novae's decision not to bid for the Lloyd's insurer
MP publishes bill calling for creation of EL Insurance Bureau
Andrew Dismore, Labour Member of Parliament for Hendon and vice chair of the All-Party Parliamentary Group on Occupational Safety and Health, has published a private member's bill, calling for the creation of an Employers' Liability Insurance Bureau Bill…
Life reinsurance service provider grabs senior exec from GE
Life reinsurance services and technology company LOGiQ3 has said that it appointed Sara Murphy as vice president of its operations.
Unitas adds new member
Broker alliance Unitas has added Nottingham-based Russell Scanlan to its ranks.
Law commissions call for clarity on intermediary role
The Law Commission and Scottish Law Commission have published a policy statement on intermediaries and pre-contract information.
uSwitch moves into van and bike comparison
uSwitch.com has expanded its range of insurance services with the launch of a new van and bike insurance comparison channel.
Novae withdraws from Chaucer merger talks
Novae, the Lloyd's insurer, said it has withdrawn from merger talks with rival Chaucer Holdings.
Over $170bn of damages could be sought in Madoff case - report
The US government is seeking more than $170bn in damages from disgraced fund manager Bernard Madoff, reports have said.
QBE to open Dubai office
Australian insurance giant QBE Insurance said it has received a licence from the Dubai Financial Services Authority to open an office in the Dubai International Financial Centre.
Hannover Re stumbles to net loss
Hannover Re stumbled to a full-year loss for 2008, hampered by heavy equity writedowns and heavy risk losses.
AM Best downgrades Hong Kong insurer
Ratings agency AM Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to "bbb+" from "a-" of Hong Kong insurer Wing Lung Insurance Company Limited (WLI) (Hong Kong). The outlook for both…
Beazley appoints new reinsurance team leader
Beazley Group has promoted Patrick Hartigan to lead its reinsurance division with effect from August 1, reporting to the chairman of the group's underwriting committee, Neil Maidment.
Aon strikes Abnormal deal
Abnormal Load Engineering has appointed Aon to manage its insurance programme and provide strategic advice on risk matters.
L&G publishes CI claims statistics
L&G paid out £146m in critical illness (CI) claims throughout 2008.
Berkshire Hathaway said to be setting up new Lloyd's Syndicate
Berkshire Hathaway is set to start up a new Lloyd's Syndicate according to a number of Reinsurance Magazine's high level reinsurance industry sources.