Articles by Insurance Post Staff
Tapping into the electronic revolution
Roundtable: E-business
AM Best stable on US commercial lines
Ratings agency AM Best has completed its assessment of the U.S. commercial market and continues to view the outlook as stable despite the ongoing soft period in the cycle, a contracting economy and the existence of a financial market crisis.
Staysure to offer new motor and home range online
Travel insurance specialist Staysure is set to launch new motor and home insurance brands online in partnership with Open GI.
New computer equipment product available by UK Facilities
Bolton-based wholesale broker UK Facilities and Norwich Union have released a new product to provide computer equipment insurance cover.
Post pick of the week
Post reporter Louise Meeson looks at the major stories in this week's issue of Post which is published tomorrow. Top stories include: Saga-owned aggregator Confident Cover closes down; Axa Insurance consolidates 11 area branch managers into four regional…
S&P downgrades outlook on Emirates Insurance
Standard & Poor's Ratings Services said today that it revised its outlook on Abu Dhabi-based Emirates Insurance (EIC) to negative from stable in response to the heavy decline in the company's capital adequacy at Dec. 31, 2008, and the heightened…
JLT sees rise in demand for football agent product
Jardine Lloyd Thompson (JLT) has seen a rising demand for its professional indemnity insurance for licensed football agents in the UK.
Fed chief angered by AIG bailout
Ben Bernanke, chairman of the Federal Reserve, said he was angered by the AIG situation - but had no choice but to bail out the stricken insurer.
Fed Chief says was angered by AIG bail-out
Ben Bernanke, the chairman of US Federal Reserve Bank, said that he was angered by the AIG situation - but had no choice but to bail out the stricken insurer.
Compare the Market expands motor panel
Price comparison site Compare the Market has added twelve motor insurance brands to its panel in recent weeks.
Bluefin hires former Travelers marketing chief
Former Travelers marketing leader Peter Elliott has joined Bluefin Insurance Services as head of marketing.
Scor stays in black despite asset writedowns
Scor, the French reinsurance giant, recorded a net income in 2008 despite recoreding €260m of asset writedowns.
Pick of the week
Post reporter Louise Meeson looks at the major stories in this week's Post: Saga-owned aggregator Con...
AM Best maintains 'stable' outlook on global non-life reinsurance sector
Ratings agency AM Best said it is maintaining a stable outlook in 2009 for the global reinsurance sector for the third consecutive year. This current outlook implies that the majority of 2009 reinsurer rating actions are likely to be affirmations with…
Greenberg lost $2bn in AIG disaster
Hank Greenberg, the former head of AIG, said that he has lost $2bn in personal wealth as the result of the collapse of AIG.
IPC CEO says merger will not lead to job cuts
The merger between Bermudian reinsurers IPC and Max Capital will not see any redundancies and may create jobs, IPC's chief executive has told Reinsurance.
Former Network Rail insurance boss joins broker
Jardine Lloyd Thompson has appointed Ian Thompson to its new transport, engineering and water utilities industry practice group.
Howden looks to ramp up affinity with Marsh hires
Howden has boosted its affinity business with the hires of Pierre Galeon and Peter Braganza.
London market insurer enters contingency market with Scor hire
Aegis London has announced that in line with its diversification strategy, it is to start underwriting a range of contingency risks including event cancellation, adverse weather cover and prize indemnity. The new contingency team will be led by senior…
NU Risk Services founder given Aon director role
Aon Global Risk Consulting has appointed Graham Heath as director of Risk Control – UK. In this role, Mr Heath will help UK corporate clients to improve their business performance through effective management of their risks.
China Life not bidding for AIG unit - reports
China Life, the Chinese life insurance giant, said it will not bid for AIG's Asian operations, Reuters has reported.
Ace launches new property coverage
ACE Europe has today announced the launch of ACE Protect, a new property coverage aimed at companies which have installed sprinkler fire extinguishing systems in their premises.
Japan's Fuji Fire changes strategy; 600 jobs to go
(BESTWIRE) - Japan's Fuji Fire and Marine Insurance Co. Ltd. [85251] unveiled a strategic plan to rebuild its business with cost cuts, additional capital management cooperation with partners including American International Group [18540] and a shift in…