Aon
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…
Q&A with Allianz Worldwide Care's Andrew Seale
As the expat market continues to thrive in the Middle East, Stephanie Denton spoke to Andrew Seale, regional manager for the UK, Middle East and Italy at Allianz Worldwide Care, about the challenges this transient population brings to the private medical…
Towergate recruits Aon boss for sales role
Towergate Insurance has appointed Lisa Bartlett as divisional sales director for retail broking.
Aon named risk management and insurance advisor to ISS
Facility services provider ISS has appointed Aon Risk Solutions to provide global risk management services and insurance advice.
Aon estimates €5bn loss from Italian quake
The magnitude 6.0 earthquake in Italy's Emilia-Romagna region last month caused an estimated €5bn in economic losses, according to Aon Benfield's monthly global catastrophe report.
Former Aon VP to head up Swiss Re Asia Pacific
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as head of Asia Pacific.
Market moves: A busy week for recruitment
Insurers were the most active recruiters in the industry this week, with Canopius, Mapfre, Zurich and Ace all welcoming new arrivals to their teams. It was also a busy seven days in the broking sector, after BGL, Giles, Miller and Aon made significant…
Post magazine - 31 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Terrorism and civil unrest: Risky business
With several parts of the world engulfed by violence and civil unrest, is traditional terrorism and political risk cover increasingly irrelevant?
Ex-Oval sales director joins Aon
Oval's former general insurance sales director, Matthew Alcott, has joined Aon Risk Solutions as sales and marketing director for its UK business.
Aon names McGill as group president
Aon has made Steve McGill group president to oversee the development of the firm's overall growth strategy and opportunity planning.
Aon's Jones to chair Average Adjusters
Keith Jones has been elected chairman of the Association of Average Adjusters following its annual general meeting. He takes over from Paul Silver, pictured, of Richards Hogg Lindley.
London-bound Aon backs Lloyd's plans
Aon Risk Solutions, the broker's global risk management business that is moving back to London, is supporting Lloyd's attempt to make London the world's insurance hub.
All change as super-regulator hovers over Hong Kong
The Hong Kong insurance market is due to undergo some significant changes in the near future as an independent insurance regulator is established. Jonathan Swift looks at the market now and the challenges to come.
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David Reed.
Market moves: Liberty and Garwyn lead the pack
Insurer Liberty Mutual and loss adjuster Garwyn were the main movers and shakers this week, with LMI officially opening its new office in Leeds and recruiting four new members of staff.