Energy
Overseas market - Saudi Arabia: full of Middle Eastern promise
With a fast-growing insurance sector, Saudi Arabia is a country on the move. Dexter Morse gives a detailed overview of market developments and potential.
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Central seals £2.6m acquisition of Aberdeen broker
Central Insurance has acquired Aberdeen-based broker Collins Halden & Burnett in a £2.6m deal.
Marine piracy at all time high, with Somalia leading hot spot in Q1 2011
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce International Maritime Bureau’s global piracy report revealed today.
UK General targets £10m GWP with Everest link-up
Home improvement firm Everest is to enter the insurance market with a home emergency product, after signing an affinity deal with UK General.
Energy insurance prices stagnate as capacity reaches all-time high
Energy insurance prices have stagnated following the massive Tohoku earthquake in March, according to a new report by Willis Group.
G Cube wins Romanian renewables contract
Renewable energy specialist G Cube has been awarded the underwriting contract for the construction phase of a Romanian wind energy scheme.
G Cube wins Romanian renewables contract
Renewable energy specialist G Cube has been awarded the underwriting contract for the construction phase of a Romanian wind energy scheme.
Climate change - domestic renewable energy: the risks and opportunities
With electrical and roofing contractors now moving into eco-friendly home energy installation, Richard Forrest-Smith explains the risks, regulation and exciting insurance opportunities this presents.
Catastrophe losses hold back Hardy profits
Hardy Underwriting’s profits halved to £10m during 2010, after it faced a string of international catastrophe losses with a net value of £37m.
Howden targets energy and marine markets
Howden is planning to enter the offshore energy and marine markets in a bid to diversify its international book of business.
Gallagher names new chairman
Former JLT chairman Andrew Agnew is set to become chairman of the Arthur J. Gallagher International Executive, effective 1 May 2011.
Editor's comment: Never mind the setbacks
"There's unlimited supply. And there is no reason why". No, I'm not talking about the overcapacity in the UK motor market, but the opening lines to EMI by the Sex Pistols.
Munich Re offers renewable energy insurance first
Munich Re is insuring the guarantees which builder of wind-powered plants, Fuhrländer, is giving its customers.
Munich Re offers renewable energy insurance first
Munich Re is insuring the guarantees which builder of wind-powered plants, Fuhrländer, is giving its customers.
Ex-Oxygen M&A head joins Oval
Oxygen Insurance Brokers' former mergers and acquisitions practice leader Jim Rutherford has joined Oval.
Antares names new marine account boss
Specialist Lloyd’s insurer Antares has promoted John Potter to the role of marine hull, energy and liability account manager.
Berkshire Hathaway backs Willis energy facility
Willis has created a facility designed to provide additional underwriting capacity for the oil and gas industry.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Munich Re begins to spend €2.5bn energy investment pot
Munich Re, via its asset manager MEAG, has concluded a significant investment deal involving wind power plants in Germany.
Guy Carpenter and Willis join forces with Aon for oil liability consortium
Guy Carpenter and Willis Re are working alongside Aon Benfield as placement advisors to a new sudden oil spill consortium, which aims to deliver larger liability limit coverage for deepwater drilling in US waters.