Insurance Post Staff
Follow Insurance Post
Articles by Insurance Post Staff
Key Aon Benfield broker moves to Towers Perrin - sources
Aon Benfield has seen one of its key brokers resign to go to Towers Perrin, Reinsurance has learned .
Hardy makes Bermudian appointment
The Company is pleased to announce the appointment of Paul Bailie as Managing Director of Hardy Bermuda Limited, the group's Managing General Agent in Bermuda.
Axa regional head takes up Brit business development position
Brit Insurance has hired Axa area manager Keith Commander as its business development manger for the north-west region.
Lloyd's insurer in capacity offer for 2010 year of account
Lloyd's insurer Omega today announces that it is making an offer on behalf of Omega Dedicated, a wholly-owned subsidiary of Omega, to acquire capacity on Syndicate 958 not already owned by the Omega group for the 2010 and each subsequent year of account.
AIG unit United Guaranty appoints new CEO
AIG's mortgage guaranty insurer United Guaranty has appoint Eric Martinez Jr as its new chief executive.
Reinsurance rates up 10-15% at 1/6 - Aon Benfield
Aon Benfield, the (re)insurance broker, has said that reinsurance renewals at June 1 rose 10-15%.
MMC unit sells business
Kroll, the risk consulting arm of Marsh & McLennan, said it has sold its US government security clearance screening business, Kroll Government Services, to private equity firm Veritas Capital for an undisclosed sum.
FSA adviser fees only rise by 5%
Regulatory levies for most IFA firms will rise by 4.8% in 2009/10 but this is well down on an anticipated 15% hike, the FSA confirmed today. The rise in fees faced by advisers is still higher than that for mortgage brokers, despite major problems in the…
AMII and AMI respond to FSA’s policy statement
The Association of Independent Financial Advisers (AIFA) and the Association of Mortgage Intermediaries have welcomed the Financial Services Authority's (FSA) Policy Statement finalising FSA regulatory fees for 2009/10 which will reduce the level of fees…
Aegon withdraws from group risk market
Aegon UK has announced that it is to withdraw immediately from the group risk market.
APC targets new scheme to estate and letting agents
Commercial insurance underwriting specialist APC has developed a scheme with Staffordshire-based JSW Insurance Services to provide a specialist insurance product for estate agents and letting agents.
New D&O product aims to offer flexibility
Evolution Underwriting has partnered with AIG UK to launch a new directors and officers (D&O) package product to meet growing demand from small UK businesses in the recession.
Zero settlements rise to 53%, says Innovation Group
Fraud investigation company Innovation Group has revealed that the number of zero settlements of claims increased by almost a third in the first quarter of the year.
Insured value of crashed Air France plane said to be nearly $100m
The value of the Air France plane which vanished over the Atlantic may have been nearly $100m, sources told Reinsurance.
Renaissance Re launches new Bermudian entity
RenaissanceRe, the Bermudian (re)insurer, said it has formed and funded a new Bermudian reinsuarance company, called Timicuan Reinsurance II.
Amlin appoints marine hull leader
Amlin plc, the Lloyd's (re)insurer, has appointed Iain Henstridge as LeadingClass Underwriter to head up the Marine Hull account previously led by Simon Beale.
FSA pays out £20m in bonuses
The Financial Services Authority has dished out almost £20m in bonuses - a 40% increase on the previous year.
Charles Taylor boosts professional and financial risks team with senior hire
Charles Taylor Adjusting has appointed Gary Parlour as senior adjuster in the professional and financial risks team of its non marine division.
RK Harrison terrorism unit founder moves to Lloyd's insurer
Ascot has appointed Mike O'Connor to lead its terrorism & political violence te am.
Aegis bolsters power utility team with broker raid
Aegis London has appointed Neville Drew as underwriter - onshore energy within its power utility team.
Aon Trade Credit launches new international team
Aon Trade Credit UK has launched an international team to support global companies in managing their receivables more proactively to prevent bad debt.
KPMG recruits new insurance solutions director
KPMG has appointed Karen Newbury as a director in its restructuring insurance solutions practice.
Senior Catlin marine underwriter defects to Amlin
Amlin has appointed Iain Henstridge as leading class underwriter to head up the marine hull account previously led by Simon Beale. The Lloyd's insurer said the appointment will allow Simon to devote himself fully to his responsibilities as underwriting…
Biba appoints Aon chief to board
The British Insurance Brokers' Association has appointed Robert Brown, chief executive officer of Aon corporate and affinity, to its board with effect from July 2009.