International
Covéa expected to do 'anything and everything' to make an Axa XL Re deal happen
Covéa is reportedly mulling a third attempt in four years to buy a reinsurer as it eyes Axa XL Re, with experts noting the insurer would look 'pretty hapless' if it failed to get another deal over the line.
Peter Blanc elected CII president
The Chartered Insurance Institute has named Aston Lark CEO Peter Blanc as president for 2022.
Climate-related disruption set to continue at Lloyd's
The Prince of Wales' climate insurance taskforce launch will not put a stop to protesters taking to Lloyd's to demand a swift end to fossil fuel cover, activist groups have told Post.
Blog: Credit insurance industry ready to take back underwriting control
A smooth transition is expected as the Government Trade Credit Reinsurance Scheme draws to a close at the end of June, writes Stuart Ramsden, Atradius regional director UK & Ireland.
Interview: David Bearman, Aventum
Aventum CEO David Bearman explains the growth of the broking and underwriting firm to Emmanuel Kenning, tracing its route from a start up focused on retail UK SME to a global specialist and niche player that has plans to be a decade defining business.
Competitors see opportunities as Aon-WTW delay risks leaving the brokers in 'no man’s land'
Further delays to the Aon-Willis Towers Watson merger caused by the decision by the US Department of Justice to file a civil antitrust lawsuit to block the transaction will lead to opportunities to snap up staff and clients, according to UK brokers.
Blog: The mega carrier conundrum
The grounding of the Ever Given in the Suez Canal highlights the need for greater regulation and risk management of mega carriers, blogs Captain Michael Barrass, RSA marine risk management consultant.
Intelligence: Political risk and the pandemic
Covid-19 has already raised tensions between countries and a fragmented exit from the pandemic could test relations further, putting more pressure on businesses. Supply chains remain disrupted and global businesses fragmented. Post investigates what this…
Aegis launches assailant parametric product; Amicus in MBO; Davies buys two; and Vitality Car launches
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Protection gap must be tackled by public sector and insurance collaboration, IDF conference hears
In order to close the protection gap the industry and the public sector must work together, CEOs and leaders have urged.
Lord Mayor of London ‘confident’ insurance can do its bit to tackle climate change challenge
Lord Mayor of London William Russell has said he is "more than confident" that the insurance industry can build on the work it is already doing to help tackle climate change.
UN's Antonio Guterres calls on insurers to phase out coal and fossil fuels underwriting
Secretary general of the United Nations Antonio Guterres has called on insurers to phase out “the underwriting of coal and all fossil fuels”.
Sri Lanka ship fire: Marine experts call for cargo rule tightening and end to port 'pushing'
Marine insurance experts have warned tighter regulation and scrutiny is needed to mitigate events such as the X-Press Pearl container ship fire off Sri Lanka.
EY: motor market to return to loss in 2021; Canopius unveils algorithmic MGA; Kitsune sold to XS Direct
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Arch reveals pair of leadership promotions
Arch Insurance International has promoted Kirsten Valder to chief administrative officer and Jason Kittinger to chief operating officer, effective 30 June.
Intelligence: What is happening to European insurance regulation?
Nearly six months after the UK left the European Union without any deal in place for its insurance and financial services sectors Post looks at how this story is playing out in terms of regulation and what the next six months might bring.
Activist investor Cevian Capital takes 4.95% Aviva stake
Swedish investment firm Cevian Capital Partners has confirmed it now holds a 4.95% stake in Aviva.
Tom Wakefield named Gallagher Re CEO ahead of Willis Re merger
Gallagher has revealed that Tom Wakefield will become CEO of Gallagher Re taking over from Simon Behagg.
RSA targeting motor and SME, says CEO Scott Egan as takeover completes
RSA is in a “cracking place” and ahead of where it would expect to be, according to Scott Egan CEO for the UK and international.
Q&A: John Fowle, Chaucer
John Fowle, CEO of Chaucer, tells Post all about growth, being owned by China Re and the plans for the next 12 months as well as why the business undertook its recent rebranding and the importance of diversity and inclusion.
Howden unveils ESG insurer; DLG launches tech platform; Zego introduces pregnancy loss leave; Hiscox in legacy tie up; Brit debuts consortium
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Wefox could have raised $1bn say co-founders
Insurtech Wefox could have raised over $1bn (£706m) but chose to close its series C funding round at $650m, its co-founders told Post.
Applied names Tom Needs Europe CEO as Andy Fairchild exits
Andy Fairchild has left Applied Systems with Tom Needs appointed as CEO for Europe.
RSA sale to Intact and Tryg completes
RSA has been bought by Canadian insurer Intact and Danish provider Tryg as scheduled for £7.2bn in cash with CEO Stephen Hester departing.