Asia
Scor places €75m catastrophe bond
Global reinsurer Scor has placed a catastrophe bond worth €75m (£62.9m) to protect against European windstorms and Japanese earthquakes.
Lockton forms Indian alliance
Lockton has entered into a strategic relationship with Indian broker, Unison Insurance Broking Services.
Aon Benfield estimates £1.2bn snow losses
The recent adverse weather across Europe has caused an “economic loss” of £1.2bn in Britain alone, according to an estimate from Aon Benfield.
Brokers Link adds new members
CG&B Group, Cornes Insurance Agency and Hertz & Co have joined intermediary network Brokers Link.
Transactional risks - Solutions: Coming of age
Companies with reinvigorated balance sheets are displaying renewed appetite for mergers and acquisitions. John McNally and Tim Allen detail how evolving transactional risk insurance solutions mean the market can meet their needs.
Foreign interest in UK firms rose over 2010
Interest from overseas in UK financial services and insurance companies has improved this year after the credit crunch caused investment and merger and acquisition activities to slow in 2009.
Interview - Bart de Smet: Return to fitness
Despite being one of the most high-profile casualties of the financial crisis, Ageas is now focusing on the future rather than the past. Jonathan Swift meets group CEO Bart De Smet to discuss its UK plans, acquisitions and why big is not necessarily…
Allianz on track to eclipse £30m target
Allianz Commercial is expanding its cross-border insurance offering as part of a relaunch of its UK mid-corporate operation.
Hardy Underwriting opens in Asia
Hardy Underwriting Bermuda Limited has announced the commencement of underwriting operations at Hardy Underwriting Asia within the Lloyd's Asia platform.
Andrew King leaves Marsh to join Aon
Andrew King has joined Aon to enhance its claims consulting practice in the UK, and to contribute to the development of services across Europe, Middle East and Africa.
Andrew King leaves Marsh to join Aon
Andrew King has joined Aon to enhance its claims consulting practice in the UK, and to contribute to the development of services across Europe, Middle East and Africa.
Swiss Re: insured losses up 34% to $36bn in 2010
According to initial estimates from Swiss Re’s sigma team, worldwide economic losses from natural catastrophes and man-made disasters were $222bn in 2010, more than triple the 2009 figure of $63bn.
Aon Benfield appoints Japanese analytics chief
Reinsurance intermediary Aon Benfield has named Hideyuki Yoshida as head of analytics in Japan.
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
PSTF: Allianz warning over long-term IT problems
A senior insurance technology specialist has criticised the effect that outsourcing is having on the pool of IT talent within the UK market.
CTC: 2010 earnings likely to be at the lower end of expectations
In an interim management statement covering the period between 1 July 2010 to 16 November 2010, Charles Taylor Consulting today said business activity has been broadly in line with the expectations contained in its half yearly report.
GC unveils new global analytics MD
Guy Carpenter has named Imelda Powers as its new managing director of Global Analytics. The appointment is with immediate effect.
Non-London business now accounts for 43% of Catlin's GWP at Q3
Catlin this morning reported that gross premiums written were up nine per cent to $3.28 bn for the nine months to the 30 September.
RBS Insurance consults with a 1000 staff ahead of Indian outsourcing move
Royal Bank of Scotland Insurance could offshore more than 300 back office roles to India after launching a consultation with more than a thousand staff last week.
RBSI seals EXL Indian outsourcing deal
Royal Bank of Scotland Insurance could offshore more than 300 back office roles to India after launching a consultation with more than a thousand staff last week.
Post in print - 11 November 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Equinox reveals plans to go global
Start-up trade credit managing general agent Equinox Global has outlined plans to move into Europe, Asia and the US, following its official launch this week.
News analysis - RSA's emerging markets strategy: On the way up
The major UK insurance groups are currently setting out their stalls with regards to emerging markets. Mairi MacDonald met up with RSA's Paul Whittaker and Paul Holmes in Dubai to get the lowdown on its plans for this sector.
Allianz: by 2020 a fifth of our customers will be on "very low income"
By 2020 a fifth of the people insured by Allianz will come from a very low income.