Aon
Firms in emerging markets eye captives to manage risk
Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon Global Risk Consulting.
Europe eyes up captive insurance
Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon.
Market moves: High-profile changes at Allianz, Zurich and Towergate
The industry witnessed a number of major departures this week with Chris Hanks, Karl Bedlow and Nick Houghton leaving their roles at Allianz, Zurich and Towergate respectively.
Probroker defends membership levels as broker network competition hots up
Marsh's UK broker network has defended its tally of 28 members in the three and a half years since its launch, insisting that the proposition is more than just a numbers game.
Asian weddings: An insurance dilemma
Wedding insurance is growing in India as families spend a collective $16bn on marriage celebrations. However, as Nicky Burridge reports, the chances of its spreading further into Asia look unlikely.
Former Marsh CEO Carnegie-Brown joins Aon
Aon UK has appointed has Bruce Carnegie-Brown as non-executive chairman, subject to FSA approval.
Interview: Carl Beardmore - from vision to fruition
BMS chief executive Carl Beardmore believes he is on track in transforming a broker that was 'flat lining' into a company generating more than £100m a year.
Keelan Westall boosts underwriting team with new starters
Wholesale property insurance broker Keelan Westall has set out to strengthen its technical expertise with a series of key appointments within its underwriting agency.
Credit pressures yet to trigger flight to quality among reinsurance cedants
Insurers are yet to flock towards the highest rated reinsurers despite challenges facing the reinsurance industry, according to Standard & Poor's.
Reinsurer capital tops $480bn, says Aon Benfield
The broker estimates that total capital for the global reinsurance industry reached record levels at the end of June 2012.
Giles Insurance boosts Falkirk branch with new hires
Ian Smith has joined the broker as branch director, while two development executives have also been recruited.
Howden expands energy division with two appointments
Howden Insurance Brokers has entered the second phase of the development of its Energy division with the appointments of Greg Stenzhorn and Richard Bateman.
Aon boss sponsored by Nexus to ride in notoriously dangerous bike event
Aon associate director John Coleman is revving himself up ahead of the Manx Grand Prix this weekend, after bosses at Nexus Underwriting Management agreed to sponsor him to take part.
Post Blog: Before they were famous
Great actors, fast food entrepreneurs and Olympians all have to start somewhere – sometimes even in the insurance industry.
Aon Risk Solutions appoints new broking head after restructure
The former head of broking, corporate and affinity has been promoted to head of broking following a business reshuffle.
Howden buys Indonesian broker
Howden Broking Group has acquired Accette Insurance Group's Indonesian operation, PT Accette Brokers Asuransi, in a bid to to capitalise on a growing affluent community and low insurance penetration in the country.
Market moves: MGAs the main movers as three firms make new hires
While the Managing General Agents Association made the trade press this week, MGAs followed suit with several new hires at Pioneer Underwriting, Asta and Sagicor at Lloyd's.
Aon looking ahead despite drop in half-year income
Aon's operating income from continuing operations fell 3% to $504m (£321m) in the first half of 2012, compared with $518m in the same period in 2011, despite total revenue growth of 2% to $5.66bn (H1 2011: $5.57bn).
Aon extends Manchester United sponsor deal
Aon is to maintain its relationship with Manchester United by becoming title sponsor of the club's business-to-business network and community engagement programmes from 2014.
Markel appoints PI underwriter from Brit
Markel International has appointed Les Telford as a senior underwriter for UK and international professional indemnity in the firm's professional liability division.
Aon profits fall 4% at the half year to $503m
Aon has reported that total revenue for the six months ended 30 June 2012 grew 2% to $5.66bn (H1 2011: $5.57).
Aon provides PI to Law Society
The Law Society has appointed Aon to provide professional indemnity insurance to legal practices with the society's conveyancing quality scheme or Lexcel quality marks.
Brokers surprised as US firm adds fracking to 'prohibited risks'
US insurer Nationwide Mutual Insurance Company has become the first major insurance company to confirm that it will not cover damage related to hydraulic fracturing.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…