Articles by Jonathan Swift
Marsh reports 22% rise in operating income to $972m in 2010
Marsh & McLennan Companies has reported net income increased to $855m (£529m) in 2010 compared to $227m (£141m) in 2009.
Marsh reports 22% rise in operating income to $972m in 2010
Marsh & McLennan Companies has reported net income increased to $855m (£529m) in 2010 compared to $227m (£141m) in 2009.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Auto Windscreens calls in administrators after cash flow problems
Auto Windscreens, which replaces and repairs vehicle glass, has entered administration just over two years after it was sold by Aviva.
Amlin boss warns insurers could quit UK over Solvency II "gold plating"
Amlin chief executive Charles Philipps has warned his firm could relocate overseas because of Solvency II.
Amlin boss warns insurers could quit UK over Solvency II "gold plating"
Amlin chief executive Charles Philipps has warned his firm could relocate overseas because of Solvency II.
IAG buys reserve deterioration reinsurance for UK arm after $121m loss
Insurance Australia Group has conceded that it will report "a greater than expected insurance loss" of $121m (£76m) from its UK operation when it unveils its half year results on 24 February 2011.
Chief underwriting officer Matson to leave Lloyd's insurer Novae
Peter Matson is to stand down from his role as group chief underwriting officer and member of the board at Lloyd's insurer Novae on 30 April 2011.
Aviva outlook revised to "stable" after "strong progress"
Standard & Poor's has revised its outlook on Aviva to stable from negative.
Axa appoints new head of group corporate responsibility
Axa has appointment of Mrs Gaëlle Olivier as chief executive officer of Axa’s property and casualty operations in Asia, effective 12 April.
Axa appoints new head of group corporate responsibility
Axa has appointment of Mrs Gaëlle Olivier as chief executive officer of Axa’s property and casualty operations in Asia, effective 12 April.
Delta Lloyd outlook revised to 'stable'
Standard & Poor's Ratings Services today revised the outlook of the Delta Lloyd ratings to 'stable' from 'negative'.
Delta Lloyd outlook revised to 'stable'
Standard & Poor's Ratings Services today revised the outlook of the Delta Lloyd ratings to 'stable' from 'negative'.
Willis aims for $180m in global cost savings to fund end to pay freeze
Willis in undertake a global review of its operations in the first quarter of 2011 to help fund the end to its salary freeze.
Catlin bolsters 2010 result with US$144m reserve releases
Catlin Group this morning reported a US$406m (£253m) pre tax profit before tax for 2010 (2009: US$603m).
Zurich GI profit falls 23% to $2.67bn due to major losses
Zurich has reported that its general insurance business operating profit fell 23% in 2010 to $2.67bn (£1.7bn) (2009: $3.46bn).
Zurich GI profit falls 23% to $2.67bn due to major losses
Zurich has reported that its general insurance business operating profit fell 23% in 2010 to $2.67bn (£1.7bn) (2009: $3.46bn).
AIG to strengthen Chartis balance sheet by $4.1bn after loss reserve review
Following completion of its annual comprehensive loss reserve review, AIG said today it expects to record a $4.1bn charge, net of $446m in discount and loss sensitive business premium adjustments, for the fourth quarter of 2010 to strengthen loss…
Phil Bird departs Groupama after claims shake up
Groupama Insurances has announced that it has restructured its claims organisation to "ensure it is more closely aligned with the company's business divisions".
THB reports 32% rise in 2010 broking profit to £7m
THB this morning reported fee and commission income in 2010 was up by 5% at £48.4m (2009: £46.2m).
Willis appoints new CEOs as it unveils management changes
Willis Group has today announced a series of leadership appointments in its reinsurance, wholesale and placement divisions.
Willis appoints new CEOs as it unveils management changes
Willis Group has today announced a series of leadership appointments in its reinsurance, wholesale and placement divisions.
Ally insists it still plans to sell "discontinued op" Provident Insurance
Provident Insurance’s US owner Ally Financial has told Post it still plans to sell the business despite revealing in its 2010 accounts last week that the business was now classed as a “discontinued operation as of 12/31/2010”.