Articles by Jonathan Swift
Towergate CEO Hodges hails new "flexible debt structure" after £396m bond issue
Towergate has announced the pricing of the offering by its subsidiary, Towergate Finance, of floating rate senior secured notes due 2018 in an aggregate principal amount of £396m.
Simply Business closes in on MBO as Brit CEO Cloutier admits u-turn over broker commitment
Simply Business is close to a deal which will see it separate from Brit Group through a management buyout, Postonline has learnt.
Post Intelligence app brings insurance white papers straight to your iPad/iPhone
Post has launched a new free tablet and mobile compatible app that offers readers the latest insurance white papers straight to their iPhone or iPad with minimum fuss.
2013 British Insurance Awards shortlist announced
Today Incisive Media insurance division editor-in-chief Jonathan Swift is proud to unveil the nominees for the 2013 British Insurance Awards.
2013 British Insurance Awards shortlist announcement at noon today
Today at noon Incisive Media insurance division editor-in-chief Jonathan Swift will unveil the nominees for the 2013 British Insurance Awards.
Davies and GAB Robins – a tale of two loss adjusters: The Claims Club monthly missive
It was somewhat inevitable that two claims firms inextricably linked by the tittle-tattle in the loss adjusting village should make important announcements that will shape their futures.
GAB CEO Rigby hails "opportunities" after deal to rid adjuster of pension liabilities
Talks between GAB Robins, its benefit pension scheme trustees and The Pension Regulator have led to the elimination of the firm’s sponsorship of and liabilities for the closed scheme, in exchange for an “affordable consideration” plus a minority…
British Insurance Awards deadline today
The deadline for entries for the 19th British Insurance Awards is fast approaching.
Consolidation "inevitable" in Saudi insurance market according to S&P report
Prospects appear to be improving for Saudi Arabia's insurance industry, according to a new report from Standard & Poor's.
Axa marketing director and ex-Swiftcover exec Tina Shortle resigns
Axa personal lines marketing director and former Swiftcover executive Tina Shortle has resigned from the company, Postonline can reveal.
Claims Club Monthly Missive: Learning from Bethany Probert
It seems that barely a month passes without the industry suffering publicity bad enough to harm the reputation of an individual firm or, worse still, the entire industry.
Brit Insurance unveils Chinese intentions as post tax profit rises to £84.7m
Lloyd's insurer Brit has today announced it has developed "prudent options" to assess growth potential in China, to grow its specialty underwriting business "cautiously and profitably".
Aviva sells Russian life and pensions business to state insurer
Aviva today announced the sale of Aviva Russia to Blagosostoyanie, a non-state pension fund in Russia, for a consideration of €35m.
Generali bolstered by P&C growth in Germany and CEE countires
Generali has reported an increase in premiums to € 70bn (+3.2%) with a 3.3% growth in property & casualty to €22.8bn.
IAG to write off $260m following Equity sale to Aquiline Partners
Insurance Australia Group has announced that it recorded a loss of $182m in respect of its "discontinued" UK operations in the six months to 31 December 2012.
Claims Awards 2013: Do not miss out, start your entry today
There is just under two weeks to go until the deadline for the 2013 Claims Awards (Friday 1 March), so do not waste any time if you want to be considered for these prestigious accolades.
Argo is back in profit in 2012 despite $47.9m superstorm Sandy hit
International specialty insurer and reinsurer Argo has reported post-tax income of $52.3m for the year ending 31 December, recovering from a loss of $81.9m in 2011.
Scor sees 48% growth in Asian treaty business at January renewals
During the January renewals, Scor Global P&C has reported a 9% increase in gross written premiums (to Euro 2.507bn) with an expected 1.3% improvement in technical profitability for total contracts renewed and a price rise of 1.9% net of general inflation.
Former UK GI CEO McMillan to become Aviva Europe boss as Trevor Matthews quits
David McMillan has been appointed CEO of Aviva Europe.
Cunningham Lindsey director Jonathan Clark departs to join Scor
Cunningham Lindsey UK technical director Jonathan Clark has left the recently recapitalized loss adjuster to join French reinsurance group Scor.
Former Brit and NIG head Vivek Banga joins AJ Gallagher as e-trading boss
Brit's former head of UK distribution Vivek Banga has joined Arthur J Gallagher International as its director of e-trading.
Former Lockton International CEO Julian James returns with Allied World
Former Lockton International chief executive Julian James is to return to the market as European president of Swiss insurer and reinsurer Allied World.
New Lloyd's syndicate 2357 appoints Willis' Beatty as approval granted
Asta, the Lloyd’s leading third party syndicate manager, today announced that Lloyd’s Franchise Board has granted “in principle” approval for Asta Managing Agency to establish and manage a new Lloyd’s syndicate 2357 backed by Nephila Capital.
Munich Re profit quadruples in 2012 to €3.2bn
Munich Re’s preliminary figures show a profit of €3.2bn for 2012 (2011: €0.71bn).