Regulation

Goshawk hit by £220,000 FSA fine

Goshawk has announced that Goshawk Syndicate Management Limited (GSML), a wholly-owned subsidiary of the Company that was previously responsible for the management of Syndicate 102 at Lloyd's, has been fined £220,000 by the Financial Services Authority …

S&P affirms Converium at BBB+, outlook stable

Standard & Poor's Ratings Services has affirmed its 'BBB+' long-term counterparty credit and insurer financial strength ratings of Converium. At the same time, S&P affirmed all ratings on the guaranteed operating entities of the Converium group …

FSA: new push on reinsurance transparency

The Financial Services Authority has proposed new rules that may require greater disclosure by insurers of their use of financial reinsurance. Earlier this year, the FSA wrote to firms asking about their use of financial reinsurance. The FSA said the…

Fitch changes German outlook

Fitch Ratings has changed its Outlook on German life insurers to Stable from Negative, reflecting amongst other positive factors a recovery in capital adequacy and the flexibility in profit participation, although the long-term macroeconomic conditions…

Willis makes South African acquisition

Willis Group Holdings has agreed to acquire the business andassets of Reinsurance Consultants and Intermediaries the reinsurance division of South African insurance broker Glenrand.

Corpore extends operations across the UK

Injury management and vocational rehabilitation specialist, Corpore, has extended its operations to provide wider regional support from two new locations in Wolverhampton and Manchester. This is in addition to established operations in London, Cardiff,…

Japanese P/C industry stable, claims Moody’s

Moody's Investors Service is claiming that that over the next 12 to 18 months, the possibility of a rating action is likely to be low to moderate for its rated Japanese property and casualty (P&C) insurers, the agency says in a new report.

CNA Europe head quits

CNA has announced that Julian Enoizi is to be appointed managing director of its European businesses, subject to regulatory approval. He will succeed Keith Davies who has held that position since 2001 and will pursue other professional ventures after a…

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here