Ireland
XL Catlin adds Brexit continuity clause to policies
Policies issued by XL Catlin’s London operations will include contract continuity clause to offset any fallout from the UK’s exit from the European Union.
This week in Post: Claims, costs and closures
This week I was lucky enough to climb on the top of a lift with one of Allianz’s engineer surveyors and take a trip up and down a building.
MCE to pull out of Ireland following ‘incredibly disappointing’ loss of passporting
MCE Insurance will cease writing business in the Republic of Ireland from next year as a result of a loss of passporting from Brexit.
Blog: 'Beast from the East' hits farms hard
The 'Beast from the East' has killed sheep, stopped milk collections and destroyed farm buildings. Graham Plaister, loss adjuster at Agrical, describes the tempest of claims blowing through the sector.
Alpha Insurance in liquidation, blames CBL
Alpha Insurance has placed itself into solvent liquidation as a “direct consequence” of the failure of CBL Insurance.
JLT’s ‘chequebook open’ to European acquisitions following strong results
JLT is open to targeting bolt-on acquisitions in Europe following the group’s strong 2017 results.
Interview: Romaney O'Malley, AIG
AIG head of UK regions Romaney O’Malley has been heading the group’s industrial segment since June 2016. She explains to Will Kirkman how the insurer is reshaping its approach to risk and fostering its female talent
Administrators appointed at CBL Insurance Europe
The Central Bank of Ireland has appointed an administrator for CBL Insurance Europe.
Irish regulator forces CBL Insurance Europe to close shop
The Central Bank of Ireland has ordered CBL Insurance Europe to cease writing business with immediate effect, until further notice.
Eleanor insured losses estimate updated to £571m
Extratropical Cyclone Eleanor is estimated to have caused €643m (£571m) in insured property market losses, according to Perils.
Central Bank of Ireland orders CBL Insurance to boost reserves
CBL Insurance Europe has been ordered by The Central Bank of Ireland to bolster its capital and reserves.
Blog: Brexit could leave motor insurers without room for manoeuvre
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
Branch or subsidiary? How UK and EU insurers can passport after Brexit
The loss of passporting will be a major challenge for insurers after the UK leaves the European Union. Steven McEwan, partner at Hogan Lovells, looks at some of the options available.
AGCS appoints new claims chief
Allianz Global Corporate & Specialty has appointed Lars Vissing as regional unit London head of claims.
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Temp Cover to expand into Europe following MBO
Exclusive: Temp Cover is looking to expand into Europe following its £13.3m management buyout.
Post Power List 2018: Bubbling under - Andrew Horton
CEO, Beazley
Analysis: The new Brexit landscape
Insurers look for alternative bases
Market Moves: December 2017
This month's movers and shakers in the insurance industry.
Ophelia to cost industry €60m, says Perils
Catastrophe loss analysts Perils has pegged the market loss for Ex-Hurricane Ophelia which battered the coast of Ireland, at €60m.
Carole Nash was ‘target consumer brand’ for Ardonagh, says Ross
Motorcycle broker Carole Nash was a longstanding acquisition target for Ardonagh, the group's CEO said
Aviva buys Irish insurer for €130m
Aviva has acquired Irish insurer Friends First in a deal worth €130m (£116m).
Ex-ABI chair Paul Evans leaves Axa following restructure
Former chair of the Association of British Insurers, Paul Evans, will leave Axa following a global management restructure.
Irish regulator seeks Brexit contingency plans from insurers
Ireland’s insurance regulator has raised concerns over contingency planning of the sector in the run-up to Brexit.