Ace
Ace reports 40% fall in net income at the half year mark
Ace has recorded net income of $607m (£370) in the second quarter of 2011, a drop of 10% on Q2 2010.
Ace makes Continental appointments
Ace has promoted Andreas Wania from Central and Eastern Europe manager to chief operating officer for Ace Germany and will be based in Ace’s Frankfurt office.
Rehab Awards 2011: finalists announced
The shortlist for the 2011 Rehabilitation First Awards has now been revealed. This event, now in its 7th year, recognises and rewards excellence across the market. The celebrations will take place on Friday 16 September 2011.
Sport - Olympics: The Olympic challenge
With only 12 months to go until the opening ceremony, Rachel Gordon attempts to break through the veil of secrecy and assess the insurance industry's role in the London 2012 Olympics.
Bogus death faker set for five-year jail sentence
A man who made a fraudulent claim of £520 000 to Ace Europe after faking his own death in Honduras could face up to five years in prison when he is sentenced within the fortnight.
Editor's comment: Partners and crime
This week's insurance news theme could be the stuff of another unpublished Jane Austen novel — Partnership & Punishment — although it's doubtful the Bodleian would fork out another £1m for the privilege. Or perhaps with a title like that it's more…
Exclusive D&O and regulation content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how bancassurance might be the ideal channel for commercial insurance in Italy; and a View from the Top on how increased regulation in Europe might stifle innovation.
Post Europe: View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
High street still attractive despite big name failures
The high street is expected to remain an attractive proposition for trade credit insurers, despite a spate of household names slipping into insolvency.
Solicitors' professional indemnity: Turning off the life support
Potential sweeping changes to the solicitors' professional indemnity market could see the controversial assigned risks pool scrapped. Jakki May investigates the effect on qualifying insurers hoping to turn a profit.
Willis names Spanish MD
Fernando Fedriani has been named managing director of Willis Facultative Spain.
Willis names Spanish MD
Fernando Fedriani has been named managing director of Willis Facultative Spain.
Man pleads guilty to faking his death in insurance scam
A man has has pleaded guilty to faking his own death in Honduras to claim insurance benefits and claiming pensions relating to another person.
Healix Insurance Services boosts revenue by 32%
Wholesale travel insurance broker, Healix, has reported premium income rising to in excess of £30m for the year ended 31 March 2011.
Post Europe announces advisory board members
Post Europe is delighted to be able to confirm the members of its new advisory board.
Insurance Insight announces advisory board members
Insurance Insight is delighted to be able to confirm the members of its new advisory board.
Large corporate risks - Global compliance: Could a central rules database help?
The global insurance compliance headache for large corporates operating in multiple jurisdictions is only intensifying. Veronica Cowan explores if and how a central rules database could help.
Exclusive IFRS and digital content now available on Post Europe
Post Europe’s weekly update is now live with an article on how The International Accounting Standards Board’s draft standard for the valuation of insurance liabilities will affect the market; and a View from The Top on how the Netherlands’ trading…
Europe: Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Energy - overcapacity: Getting plugged in
The energy insurance sector is buzzing at the moment, but Rachel Gordon investigates whether the good times are sustainable.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.
HDI-Gerling swoops for Ace manager to open second UK office
Industrial insurance company HDI-Gerling has announced the creation of its second UK regional hub in Birmingham, England.