Tysers

Marine: Tidal waves

Still reeling from recent huge losses, marine insurers cannot increase rates due to over-capacity – but is the outlook for the sector as negative as it seems?

Piracy: Has the tide turned?

Piracy off the coast of Somalia has dropped significantly since last year – bringing insurance premiums down with it – but what’s behind the decline, and how can it be sustained?

Market moves: New faces in the insurer space

The main movers and shakers this week were insurers, with a number of firms bringing in new faces, including HDI Gerling recruiting a new director, Axa Assistance naming a new deputy chief executive and Dual adding a manager for its new office in Austria.

Tysers and Aquila group sees profits soar

The parent company of Lloyd's broker Tysers and underwriting agency Aquila - Hawkes Bay Holdings - has announced revenues up 6% to £37.6m (2010: £35.5m) and a pre-tax profit that almost doubled to £5.18m (2010: £2.67m).

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