Europe
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
Allianz names new market management chief
Allianz has appointed Brian Kirwan as regional head of market management and communication.
Kiln announces management changes
Kiln has announced the appointment of Ian Brimecome as chairman of Kiln Group, and Paul Hewitt as chairman of R J Kiln and Co.
Solvency II "finishing touches" underway
Lloyd's has claimed that European regulators are now putting the “finishing touches” to Solvency II, following a decade in the planning.
Fraudsters offer fake jobs at Lloyd's
Lloyd’s has issued a warning to job seekers after falling victim to a recruitment scam in which candidates are understood to have been asked to provide a fee in some cases.
Reputation of Ireland’s economy “not terminal”
Dan Mckeown, Ireland Manager at financial recruiter Marks Sattin, has commented on what a potential European Central Bank deal would mean for financial services jobs in Dublin.
Iprism valued at £50m as PE firm takes a stake - Post in print: 18 November 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, including how backing from a PE firm has led to Iprism being valued at £50m; Zurich coming under fire for 'bungled' staff consultation; Allianz's Andrew Torrance bemoaning new…
Zurich reiterates commitment to Spain despite $388m sale
Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.
Former Crawford VP to lead RMS European client charge
Risk Management Solutions has announced the appointment of Martin Weinthrop to the position of vice president of client development, Europe.
EU retreat on insurance VAT exemption reform
The European Union has announced that it is unlikely to push forward with the reform and simplification of the VAT exemption on insurance and the wider financial services industry.
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.
Pensions sector rejects EU Solvency II proposals
Proposals by the European Union to introduce Solvency II-style regime for pension funds have been rejected by the UK’s National Association of Pension Funds.
Norton Rose Group extends international footprint
Canadian law firm Ogilvy Renault and South African law firm Deneys Reitz will join Norton Rose Group on 1 June 2011, the legal practice has confirmed.
Markel Spain appoints accident and health underwriter
Markel has named Carlos Ballesteros as accident and health underwriter for its Spanish business.
Sagicor income falls to $33.4 m
Sagicor has recorded a drop in net income in the first nine months of the year to $33.4 m (£20.75 m) compared to $64.0 m in the same period in 2009.
Reinsurance aids Beazley's "modest" GWP growth
Beazley has reported that its gross written premium increased by two per cent to $1.35 bn (£840.7 m) in the first nine months of 2010 compared to the same period in 2009 (2009: $1.33 bn).
Postonline launches new mobile friendly web service
Post has launched a new mobile friendly version of its award winning website allowing subscribers to read all the latest news, views and analysis on their mobiles as well as search the full archive, post their own comments and much much more.
Exclusive content now available
Insurance Insight’s weekly update is now live with a look at the long term implications of the Hungarian toxic spill, as well as a View from the Top opinion why France is the most sophisticated insurance market on the continent.
Environmental damage - who pays?
Now that the Hungarian toxic spill is no longer making headline news, what are the longer-term implications of this environmental catastrophe? Tony Lennon looks at the potential ramifications that this recent environmental disaster will have on the…
View from the Top: Partnership in France
The scale and vibrancy of the insurance market in France is very easy to witness. Since moving to Paris I have seen firsthand the level and diversity of the distribution channels that make France one of, if not the most, sophisticated markets in…
CNA builds non-exec team
CNA Europe has appointed two non-executive directors.
Ceiops advises on the revision of the Insurance Mediation directive
Ceiops has submitted to the European Commission its advice on the revision of the Insurance Mediation Directive, the original version of which resulted in the regulation of UK brokers by the Financial Services Authority.
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.
Crawford & Company set to buy Italian firm
Crawford & Company Italia is in talks to acquire specialist liability adjusting firm Studio Bolton & Associati.