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Insurance
Disposal causes XL loss amid otherwise healthy results
XL Group posted a substantial loss in its second quarter results caused by the sale of its life reinsurance subsidiary to GreyCastle Holdings in May this year. But its underlying business performed well and it enjoyed healthy growth in certain lines of business despite what its CEO described as turmoil in the reinsurance markets.   29 July 2014
Insurance
ProGlobal appoints CFO
Pro Global Insurance Solutions has appointed Paul Mooney to succeed Simon Byrne as the company's chief financial officer (CFO).   29 July 2014
Insurance
Moody’s questions UK Flood Re scheme structure
Proposals for a government-backed flood reinsurance scheme in the UK are credit negative for property and casualty (P&C) insurers, according to rating agency Moody’s, which has criticised a proposed cap on the government’s annual contribution to the scheme.   29 July 2014
Insurance
JLT posts strong results; remains cautious
Re/insurance broker Jardine Lloyd Thompson has posted a strong set of results for the first six months of 2014, but remains cautious on the outlook of the rest of the year.   29 July 2014
Insurance
Markerstudy acquires Supercover
Supercover, the specialist insurance broker and claims administrator, has joined the burgeoning retail arm of the Markerstudy portfolio of businesses in a deal worth over £20 million.   28 July 2014
Insurance
RFIB hires marine director
Lloyd’s re/insurance broker RFIB Group has appointed Malcolm Gray as a divisional director of its marine international division.   28 July 2014
Insurance
Foreign exchange movements force Hiscox’s profit down
Re/insurer Hiscox’s profits fell 31 percent in the first half of 2014 as adverse foreign exchange movements, a soft market and UK floods took their toll.   28 July 2014
Insurance
Mapfre results strengthened by Latin America growth
Spanish insurer Mapfre posted a solid set of results for the first half of 2014, citing growth in the Latin American market.   25 July 2014
Insurance
Aon Benfield’s revenues drop in Q2 results
Aon Benfield’s revenues dropped in the second quarter of 2014 on the back of what it called an unfavourable market impact on treaty business and a decline in its facultative placements.   25 July 2014
Insurance
A third of British business drivers uninsured
One third of British drivers who drive as part of their job are uninsured for business miles, according to research from telematics company Masternaut.   25 July 2014

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