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Avoca brings in Fac specialist from Munich Re
Avoca Insurance Holdings, the Bermudian (re)insurer, announced today that Kevin Smith has been named president of its Bermuda-based facultative and program underwriting subsidiary, DirectFac.
AIG raises over $1bn from share sale
AIG has said that it has raised nearly $1.14bn from selling shares in reinsurer Transatlantic Holdings.
Thistle Underwriters expand with acquisition of SME underwriter
Thistle Underwriters, Jardine Lloyd Thompson’s managing general agent, has expanded its UK operations through the acquisition of Ingham & Co (Liabilities).
JLT buys UK underwriting agency
Jardine Lloyd Thompson, the UK insurance broker, said it has acquired Ingham and its operating subsidiary Ingham Underwriting.
Fitch affirms ratings of Malaysian reinsurer
Fitch Ratings has today affirmed the 'A-' Insurer Financial Strength (IFS) rating of Malaysian Reinsurance Berhad (Malaysian Re). The outlook on the rating remains stable.
Web seminar - the role of geography
Graham White, Zurich's head of property and strategic accumulation management, Graham Wallace, ESRI UK senior business analyst and Anthony Gould, Post Magazine group editor in chief talk about the issues of location and geography and the implications…
New product for caravan owners with carbon offsetting
Towergate Bakers has announced plans to be the first caravan insurance provider to launch an insurance product. which will allow customers to offset the carbon produced on their caravan holidays.
Fortis Insurance UK boss reassures brokers over Amlin deal
Fortis Insurance UK has moved to reassure brokers that Fortis Corporate Insurance acquisition by Amlin will not affect by the business here.
Brokers in Civil Contingencies act warning
The UK's commercial insurance broker market has warned that local authorities are failing to advise businesses about emergency planning procedures under the Civil Contingencies Act 2004, reports business continuity planning consultancy, Crisis Survivor.
Mutual insurer pays back $1m to UK policyholders
Aegis London, the UK-based subsidiary of mutual insurer Aegis, has announced that despite the global economic downturn, it has approved US$1m in distributions to members as part of its premium credit programme.
Bright Grey improves income protection offering
Bright Grey has improved its income protection offering by improving cover limits and including the services of HCML, a rehabilitation case management company.
Arch adds senior exec from The Hatford
Arch Insurance Group, a subsidiary of Bermudian (re)insurer Arch, said that David McElroy has joined as president of the newly-created financial and professional liability products group of Arch Insurance's US-based operations.
New Middle East partner for Charles Taylor Adjusting
Charles Taylor Adjusting has entered into a strategic partnership with Prudent Loss Adjusters to represent the company in Oman.
Hyperion acquires broker
Howden has signed a deal to acquire Hendricks & Co GmbH, a specialist directors' and officers' and commercial legal expenses broker in Germany.
Hyperion makes acquisition
Hyperion Insurance Group today announced that its broking arm, Howden, has signed a deal to acquire Hendricks & Co GmbH, the specialist Directors and Officers (D&O) and Commercial Legal Expenses broker in Germany.
Legal & General teams up with Yorkshire Building Society
Yorkshire Building Society has become the first building society or banking partner to go live with Legal & General's OLP Connect.
Aon makes job cuts at same time as signing Man U deal, according to reports
According to the Telegraph, Aon's £80m sponsorship deal with Manchester United coincides with the company issuing redundancy notices in London.
Renaissance Re agrees to buy Spectrum
RenaissanceRe, the Bermudian (re)insurer, has said that it has agreed to acquire Spectrum Partners, Ltd., whose principal operating subsidiary is Spectrum Syndicate Management, a Lloyd's Managing Agent.
Heath raids Aon, Marsh and RSA for public sector expertise
Heath Lambert has strengthened its public sector team with the appointment of four specialists.
AFS sales up 14%
Members of the Association of Friendly Societies which offer income protection products have today published new business figures for 2008.
Tracker partners with ACPO
A new partnership between stolen vehicle recovery firm Tracker and the police could help insurance companies save thousands of pounds.
RFIB sells retail arm
International insurance broker RFIB Holdings Limitedhas sold its UK retail intermediary, Bridle Insurance Brokers to CFN Insurance Services for an undisclosed sum.
Axa signs deal with Ryanair
Axa Travel Insurance has signed a five-year deal with Ryanair to provide insurance cover.
JLT Re adds two more
JLT Re, the reinsurance broking arm of Jardine Lloyd Thompson, has appointed Michel Fernandez as executive vice president and Greg Habay as senior vice president for JLT Re's North American property practice.