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Motor insurer, Admiral, has announced that its reinsurance agreement with Munich Re for its new car insurance operation in the US (Elephant Insurance) has been extended. Alongside the agreement, Hannover Re will take one-third of the group’s US risk and Admiral will retain the final third. The company has also extended its long-term coinsurance... 

Jan. 20–An initiative that would change the way auto insurance premiums can be calculated under California’s landmark Proposition 103 was certified Wednesday to appear on the June 8 ballot, just hour…  Read More →

While speeding behind the wheel is a definite don’t, it’s full-speed ahead for GEICO and the Girl Scouts of Greater Atlanta Inc. with the DASHboard Road Safety program.They’ll see a presentation by …  Read More →

International insurance and reinsurance group Brit Insurance has announced the establishment of its new office in Australia, replacing its previous third party agreement. The new office is situated in Sydney’s financial district, and will offer local representative services for the firm’s reinsurance activities. At the same time, Brit... 

International specialty property/casualty insurer and reinsurer Catlin Group Limited has announced it is expanding its activities in Australia with the opening of a new office in Melbourne. Rory Morison will head up the new office, leaving the firm’s London office where he worked as casualty underwriter. To begin with the new Melbourne office... 

Standard Life has today announced its new executive structure and a pair of new senior appointments. Christian Torkington will become group information and operations director, effective from 1 March of this year. Torkington, who has joined Standard Life from RSA Insurance Group, will be responsible for formulating and enacting technology strategy.... 

Car safety is a big concern amongst many people. You should check your car for safety features. If you are purchasing a new car, you should be sure to ask about its safety features. Your mechanic can also tell you about your cars safety features. You should learn all you can about your cars safety features.  Read More →

Cadwalader, Wickersham & Taft LLP has announced the appointment of Jennifer Donohue as a partner in the Corporate Department of the London office. Donohue was formerly the head of the Insurance & Reinsurance Group at Simmons & Simmons, and brings with her a tremendous range of knowledge and expertise. Earlier in her career she worked... 

Prudential is looking to acquire AIA, the Asian business of embattled US insurance giant, American International Group (AIG), the BBC has reported. Talks are understood to be at an advanced stage and a statement from Prudential on a £15 billion deal is expected in the days ahead. The group’s ambitions in Asian markets are well known; last... 

Global insurance broker Willis Group Holdings plc has announced its financial results for the fourth quarter of 2009, and for the year as a whole. For the quarter, the firm enjoyed net profits of $79m, or $0.47 per diluted share, significantly better than the $61m or $0.37 per diluted share made in Q4 2008. It was also a marginal improvement on Q3... 

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