Insurance Tracker
Insurance Tracker Headlines
Kaufman announces acquisition of Chesterfield
The H. W. Kaufman Financial Group has announced its purchase of London-based broker and underwriter Chesterfield Group, Ltd. The acquisition expands Kaufman’s international insurance presence, as Chesterfield has companies in the UK, USA and Canada. President, Chairman and Chief Executive Officer Alan Jay Kaufman described the acquisition as an important addition to Kaufman Financial Group, [...]
Posted on 27 January 2012 | 10:26 am
Chubb reports 2011 and Q4 profits
The Chubb Corporation has reported its financial results for the fourth quarter of 2011, including net income of $452m, equating to $1.60 per share. This is around two-thirds the $620m ($2.02 per share) the firm made in the corresponding period last year, but is significantly greater than the Q3 2011 net income of $298m. Operating [...]
Posted on 27 January 2012 | 7:12 am
AXA Commercial Lines appoints London sales manager
AXA Commercial Lines has announced the appointment of Ryan Birbeck as the firm’s new London sales manager. Birbeck has been with the firm since 2005, and will report directly to London Branch Manager Linda Courtney. During his time with the firm he has occupied a range of roles, including in underwriting and sales. AXA Commercial [...]
Posted on 27 January 2012 | 6:58 am
ABI chief defines insurance industry “new normal”
The Association of British Insurers’ (ABI) director general, Otto Thoresen, has set out the “new normal” for the UK insurance industry. Speaking yesterday at the Insurance Institute of London, Mr Thoresen outlined three core shifts that the industry needs to accept, beginning with globalisation and the “rising star” of the economies of the Far East [...]
Posted on 27 January 2012 | 1:30 am
MetLife appoints Midlands regional sales director
MetLife has promoted Mike Hocking to the post of regional sales director for the Midlands. Mr Hocking joined the life and pensions provider in 2010 as senior sales development manager in the South West and will now run the team covering the central region. Previously, he held the post of managing director and group sales [...]
Posted on 27 January 2012 | 12:47 am
AmWINS completes THB acquisition
AmWINS Group, Inc. has announced that its acquisition of THB Group plc has been completed. Independent insurance and reinsurance broker and risk management business THB is principally based in the London insurance and reinsurance market, and its global network of offices enables it to serve clients and markets in the UK and internationally. Following the [...]
Posted on 26 January 2012 | 5:20 am
AEGON proposes $500m fundraising
AEGON is proposing to raise at least $500 million with an offering of 8% non-cumulative subordinated notes, due 2042. As part of the offering, the Dutch insurer has granted the underwriters a 30-day option to purchase up to $75 million of notes to cover over-allotments, raising gross proceeds to $575 million, should this option be [...]
Posted on 26 January 2012 | 1:03 am
Ageas Protect makes senior appointments
Ageas Protect has announced two key appointments to its senior management team with Scott Reid joining as head of pricing & reinsurance and Richard Halley taking up the post of partnership development manager. Mr Reid brings with him actuarial and reinsurance experience gathered from various jobs with Aon Benfield, Scor, Gen Re, and Scottish Widows. [...]
Posted on 26 January 2012 | 12:41 am
DWP publishes definitive auto-enrolment timetable
The Department for Work and Pensions has today published a new timetable clarifying auto-enrolment starting dates for employers of all sizes. Automatic enrolment will begin in October 2012 and all existing firms will need to have enrolled their staff by April 2017, followed by all new employers by February 2018. Also today, new research from [...]
Posted on 25 January 2012 | 11:16 am
Thomas, Carroll announces larger HQ and new jobs
Thomas, Carroll Group plc has announced its latest expansion, with Group Chairman John Moore stating that the fourth stage extension of the firm’s headquarters would begin in late spring. As a result, the headquarters will feature a significantly larger boardroom as well as additional office space for at least thirty new staff members. Moore also [...]
Posted on 25 January 2012 | 9:33 am
Disclaimer: Insurance Tracker is an impartial service. Any advice on this site is based upon personal opinion & should not be a substitute for professional advice.
A little about
Insurance Tracker
Insurance Tracker exists to help you navigate your way through the quagmire that searching for insurance can often lead you through.
We track and review all the latest insurance products to make sure you get the best deal.
We also provide tips and commentary so you are better equipped to find the best products.