Ireland
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
Sean Quinn ordered to repay €1.74bn
The unit created to fight for assets for the crisis-hit Allied Irish Bank has won another victory against Sean Quinn, forcing him to repay €1.74bn, bringing the total the Irish courts have told Quinn to pay to €2.16bn.
Grace and Miller join Chubb Ireland
Chubb Insurance has made two appointments to its commercial insurance team in Ireland.
Chubb appoints two to Ireland team
Chubb Insurance has expanded its commercial insurance team in Ireland with two hires.
Bankrupt Sean Quinn ordered to repay £358m
Quinn Group founder Sean Quinn has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
IBRC to fight Quinn in Northern Ireland
Ireland’s Anglo Irish Bank asset recovery vehicle, the Irish Bank Resolution Corporation, is to fight Seán Quinn’s bankruptcy in the Northern Ireland High Court in Belfast today.
Penny speed meets... Greg Gladwell, CEO Crawford & Company, UK & Ireland
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Post Intelligence Benchmarking - Loss adjuster insight: Hitting the bullseye?
Insurance 360 takes another look at the performance of loss adjusting firms to reveal who is performing well and who needs to raise their game.
Aviva plays down speculation on Irish branch closure
Aviva bosses have attempted to pour cold water on widespread speculation that the insurer is to shut down its entire Irish network of 26 branches by next summer.
Aviva to close all Irish branches by June 2012
Aviva Insurance plans to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs, according to reports in the Irish press.
Aviva appoints new Ireland CEO to oversee structural overhaul
Aviva has appointed Seán Egan to the role of chief executive officer, Aviva Ireland, subject to regulatory and board approval.
Aviva replaces Irish CEO as UK merger gathers momentum
Aviva Ireland has today revealed that chief executive Dermot Browne will leave the insurer at the end of the year, to be replaced by former transformation director Seán Egan.
Anglo Irish to challenge Quinn bankruptcy
The Irish Bank Resolution Corporation, formerly the Anglo Irish Bank, is set to challenge Sean Quinn’s insolvency proceedings in Northern Ireland, according to the Irish Independent.
RSA’s Brown promotes European focus as opportunity for UK brokers
RSA boss Adrian Brown has reassured UK brokers that the firm’s recent restructure of its executive team will have no negative impact on domestic commitments.
Zurich names group treasurer
Zurich Financial Services Group has appointed Colm Holmes as group treasurer, with immediate effect.
Sean Quinn declares himself bankrupt
Founder of failed Quinn Insurance, Sean Quinn has been declared bankrupt, according to the BBC.
Bearing Point launches Solvency II reporting tool
Management and technology consultancy Bearing Point has launched Abacus – a pan-European reporting solution for Solvency II which they claim will resolve the reporting challenges facing insurers in the UK and Ireland.
View from the top: A better deal on motor
We have a problem. As an industry, claims inflation in motor insurance is racing ahead of average earnings increases.
Interview - Duncan Spencer: Calling the shots
Mobile phone insurance has been branded ‘useless’ by some and touted as the next potential mis-selling scandal, but Duncan Spencer believes there is a growing need for the product.
Quinn relaunch delayed
The planned relaunch of Quinn Insurance as Liberty Direct has been postponed, according to the Irish Independent.
Essay on financial regulation wins University DIMA prize
An essay on financial regulation has won this year's annual essay competition for graduates in BA International Insurance and European Studies at The Kemmy Business School, University of Limerick, Ireland.
Alterra reports earnings down for Q3 2011
Alterra Capital Holdings has reported net income of $48.4m, or $0.46 per diluted share, for the third quarter of 2011, compared to net income of $82.8m for the same quarter of 2010.
Ireland 123 aquisition drives RSA's profits up for Q3
The acquisition of 123 in Ireland last year and growth across central and emerging Europe has helped RSA to report further growth in quarter three of 2011.
Chubb appoints UK & Ireland accident & health manager
Chubb Insurance has appointed Steve Ranzetta, currently Chubb London accident & health manager, to the role of Chubb UK & Ireland accident & health manager, effective immediately.