United States of America (USA)
White Oak seals Daimler deal
Specialist motor and equipment underwriting agency White Oak Underwriting has acquired the Daimler Truck Financial physical damage and related insurance business in the US.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
Tawa links up with Lincoln General in US run-off push
Tawa and Lincoln General Insurance Company have today announced a strategic relationship that brings together the resources and experience of both organisations.
Willis North America appoints new chairman and CEO
Willis Group Holdings has confirmed the appointment of Vic Krauze as chairman and CEO of Willis North America.
Chartis appoints new HNW boss
Chartis has named Guy Huntley as manager of the UK arm of its high net worth business Private Client Group.
Howden strengthens Mexican ties
Howden has signed a formal co-operation agreement with Financial Lines Advisory Group (Flag) to support the expansion of its specialist products throughout Latin America.
Towers aims to lead non-life consultancy
Towers Watson has outlined its ambition to become "number one" in the UK non-life consultancy market following its acquisition of EMB.
Canopius adds to marine and North America divisions
Canopius has appointed Charles Fernandez as marine property and deputy marine liability underwriter, and Andrew Fowles as North American facilities underwriter.
Travel insurance premiums start to rise - as predicted
Peter Hayman, director of travel insurance specialists P J Hayman, has commented on the announcement that Axa is to increase its insurance premiums.
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).
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.
Ace: businesses need to focus on US trade risks
Ace’s corporate liability team has urged UK businesses to carefully consider the risks and opportunities of trading in the US.
Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3
Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).
Post Europe View from the Top: Environmental insurance comes of age
Environmental insurance, once labeled as difficult to obtain, data intensive and expensive, has come of age. With a 15-year history in the UK and Europe, and 30 in the US, the environmental market has developed and has the strength and maturity to…
Vertafore eyes UK market
US insurance software giant Vertafore is monitoring the UK insurance software market for acquisition opportunities with the blessing of its new private equity backer.
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.
La Playa opens New York office
Insurance broker La Playa has opened a new office in Manhattan, New York.
LMA hails Lloyd's success
The chairman of the Lloyd’s Market Association Barnabas Hurst-Bannister has told the Association of Lloyd’s Brokers in Chicago that the Lloyd’s market is now “ahead” of its competitors when it comes to its approach to process modernisation.
LMA hails Lloyd's success
The chairman of the Lloyd’s Market Association Barnabas Hurst-Bannister has told the Association of Lloyd’s Brokers in Chicago that the Lloyd’s market is now “ahead” of its competitors when it comes to its approach to process modernisation.
La Playa heads stateside to target $3m premium
Niche broker La Playa has targeted $3m (£1.8m) premium in the first year of business for its newly opened New York office.
Marsh adds Willis director to international division
Cath Whitaker has been appointed to a new senior market relationship role at Marsh, joining from rival Willis, where she was acting managing director of its strategic carrier relationships.
Munich Re acquires Windsor Group
German reinsurance firm Munich Re has agreed to acquire Windsor Health Group.
Brit promotes Jonathan Mudd
Mr Mudd, North American professional indemnity underwriter in its global markets business, has been promoted to class underwriter and takes up this new role with immediate effect.