Axa XL
C-Suite Europe: Rise to the challenge and pull up a seat...
Risk departments in financial institutions are dramatically expanding and becoming increasingly embedded in the management of the business.
Liberty Mutual Europe denies Access BI connection
Liberty Mutual Insurance Europe has written to brokers denying any connection with underwriting agency Access BI, Post’s sister title Insurance Age has revealed.
Catlin to honour unapproved Access BI policies
Catlin is to honour insurance policies that were issued without approval by underwriting agency Access BI prior to an intervention from the Financial Conduct Authority.
Catlin to vote in two NEDs as Carnegie-Brown retires
Claus-Michael Dill and Beatrice Hollond are to stand for election as non-executive directors on the Catlin board as Bruce Carnegie-Brown is set to retire.
Solicitors’ Professional Indemnity: Whipping up a storm
With the Jackson reforms and the ‘Plebgate’ debacle presenting solicitors with a host of new challenges, what impact has this all had on the solicitor’s professional indemnity market?
Penny Black's Insurance Week - 13 February 2014
After insurers appeared on The Voice, we didn’t have to wait long for more industry representation on the small screen – but Penny isn’t sure anyone expected to see a London market member on ITV dating show Take Me Out.
Pre-tax profits at Catlin climb 27% in 2013
Catlin's pre-tax profits reached $432m in 2013 - up 27% from $339m the previous year.
Market Moves - 6 February 2014
It was a busy week in recruitment again for insurers, with Ace, Marketform and XL Group among those recruiting.
Miller recruits XL Re’s Poon to head Asia claims
Insurance and reinsurance broker Miller has appointed XL Re’s claims manager to lead its claims operations in Asia.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Minister defends Gibraltar against ‘unfair advantage’ perceptions
Gibraltarian minister talks up non-motor insurance expansion.
XL recruits from Aon in Sydney for product recall push
XL has appointed Ian Davidson as crisis management underwriter to boost its product recall arm.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
Marketform recruits Franks to boost cargo business
Lloyd’s specialist underwriter Marketform has recruited Howard Franks as a consultant to work with cargo underwriter Nicholas Edwards.
FCA claims review coincides with improving London market service quality
London market insurers have been “upping their game” in terms of claims service quality amid an ongoing Financial Conduct Authority thematic review, according to the results of Gracechurch Consulting’s 2013 claims performance monitor.
XL launches operational risks team
XL Group has established an operational risks team to provide operational risk cover to financial institutions clients.
Carnegie-Brown named Money Supermarket chairman
Aon UK chairman Bruce Carnegie-Brown is to be appointed chairman of price comparison site Money Supermarket.
Liability onus placed on captive operators by Court of Appeal ruling
Captive operators have been warned the Court of Appeal’s decision to uphold the ruling of the Commercial Court in Astra Zeneca Insurance Company v XL Insurance (Bermuda) and Ace Bermuda will place increased onus on liability policies.
Catlin Bermuda opens Singapore branch
Catlin Group has formed a Singapore branch of Catlin Insurance of Bermuda. Catlin Insurance Company writes specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region.
Market Moves: Firms hopeful new hires will be Christmas crackers as recruitment enters festive frenzy
The insurance industry has sought to get its Christmas shopping done early, bringing home a number of presents for clients this week. Aviva tied a ribbon around Fraser Edmond, who replaces Sam Hudson as broker performance director, Zurich unwrapped Tim…
C-Suite: Let’s not lose it this Christmas
The festive season is the peak period for mobile phone loss, so make sure your data is protected.
Liberty Mutual wholesale manager Goodearl joins XL
XL Group has appointed Lewis Goodearl as chief underwriting officer UK property and casualty for its Lloyd’s business.
Underwriting Service Awards 2013: Winners announced
Last night saw the fourth annual Underwriting Service Awards take place at the Royal Garden Hotel.
Market Moves: Aspen, Barbican and XL bring in new underwriters as insurers are most active recruiters
Insurers maintained their recruitment emphasis this week with multiple hires across the sector. XL, Aspen and Barbican were among those to reveal new underwriting roles, in the form of a fine art underwriter, a global chief underwriting officer and a…