Hiscox
MGA Ink to target small solicitor firms with new PI facility
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to target what they describe as the "troubled solicitors insurance market".
Former Towergate investor to wind down
The private equity firm linked with buying a 25% stake in Towergate 32 months ago has decided to wind-up its investments and return cash to investors after takeover talks broke down.
Retail expansion key as Hiscox remains cautious
Hiscox plans to continue expanding its UK, mainland Europe and US retail businesses despite adopting a cautious outlook for the second half of 2010.
Long chase for true Brit
Little more than a month ago I mused on the vacant position of UK chief executive at Brit Insurance, as the insurer looked to replace Peter Burrows.
Hiscox profit falls to £97.2m in H1 but ready for "surge" in growth
Hiscox this morning reported a profit before tax of £97.2m for the first six months of 2010 (H1 2009: £141.4m) on gross premiums written of £904.3m (H1 2009: £906.0m).
Hiscox profit falls to £97.2m in H1 but ready for "surge" in growth
Hiscox this morning reported a profit before tax of £97.2m for the first six months of 2010 (H1 2009: £141.4m) on gross premiums written of £904.3m (H1 2009: £906.0m).
Dual boss admits Hiscox deal good for flotation
Dual International chief executive Bob Van Gieson has admitted moving away from having Arch Capital as its sole capacity provider for its main book of business makes it better placed for a flotation.
Hiscox and Dual agree capacity deal
Dual International has announced a long-term strategic partnership with Hiscox to provide up to 25% of Dual’s capacity for its global portfolio.
Postscript - 10 years ago: Aggressive start to new solicitors' PI
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
View from the top: Taking a stand over PI
There is a crisis brewing in the solicitors' professional indemnity market and finding the culprits is an open and shut case: the handful of rogue lawyers who cost their insurers millions of pounds each year and all too often, disappear into thin air.
British Insurance Awards 2010: Unchartered waters
CFC Underwriting spotted an opportunity in the failing insurance pricing model of US nursing homes and rescued it from near collapse, attracting huge praise from the judges, writes Jonathan Swift.
British Insurance Awards 2010: Top of the class
Allianz has made record profits, improved service and invested in staff despite the economic downturn, writes Mairi MacDonald.
British Insurance Awards 2010: Remarkable rise
Keeley Goding’s meteoric rise to lead Hiscox’s technical claims team is underpinned by a maturity beyond her years that has seen the quality of work by the department go from strength-to-strength, writes Leigh Jackson.
British Insurance Awards 2010: Lust for marketing
Emmanuel Kenning looks at Swiftcover’s energetic multi-media campaign fronted by legendary punk rocker Iggy Pop.
Editor's comment: In search of a CEO
The news that Travelers chief operating officer Tony Dilley has left the UK business this week raised questions again about how the hunt is going for a successor to Martin Hudson, the business' CEO who departed in October 2009.
Allianz head urges SRA to take PI action
Allianz head of financial lines Mark Carver has accused the Solicitors Regulation Authority of "burying its head in the sand" over the growing problems associated with professional indemnity insurance for the legal sector.
British Insurance Awards 2010 - all the winners
Allianz was crowned general insurer of the year last night at the annual British Insurance Awards.
OIM hires ex Bluefin boss
Former Bluefin managing director, Chris Ladkin is joining OIM Underwriting to head up its new Finpro team.
Confidence returning to insurance sector
Lloyds TSB Corporate Markets is poised to announce further credit facilities with insurers, after arranging a multi-million refinancing agreement as part of a consortium for Hiscox.
Hiscox secures $750m new funding
Hiscox has secured a $750m syndicated three-year revolving credit and letter of credit facility.
Catlin joins solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Hiscox Syndicate 33
Hiscox has published a summary of its initial 2011 business forecast for Syndicate 33 and envisages a syndicate capacity of £900m for 2011, a reduction of £100m from 2010.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
Catlin to join solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.