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In what must be the most striking rebranding in the history of risk transfer, the broker formerly known as Cooper Gay has rebranded itself as ‘Ed’. Steve Hearn, chief executive of Ed, explains to Intelligent Insurer the logic of the move and why it is launching on Bermuda. 27 October 2016
Insurance
UK regulator the Financial Services Authority (FSA) has fined UK insurer the Prudential Group £30 million for its actions in relation to its failed attempt to acquire AIA, the Asian subsidiary of AIG, in early 2010. The FSA has also censured Tidjane Thiam, Prudential’s group chief executive. 27 March 2013
Insurance
XL Group has added a crisis management team to provide corporate clients in the US with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. 4 September 2013
Insurance
XL Group has enhanced its excess casualty team in New York and Atlanta with a number of new appointments. 29 May 2014
Insurance
XL Group has boosted its underwriting resources within its trade receivables insurance (TRI) teams in the UK and US. 13 August 2014
Insurance
The earth’s climate could be changing faster than first thought – and definitely faster than insurers would like. This presents great challenges to the industry which needs to address them quickly, Intelligent Insurer discovers. 13 December 2018
Insurance
The Bank of England will hold insurers to close scrutiny in terms of the models they use to comply with regulations such as Solvency II, Mark Carney, the governor of the Bank of England, said in a speech this week. 26 September 2014
Insurance
The Hartford has reshuffled a number of senior positions as current chairman, president and chief executive officer, Liam McGee, steps down and the company executes its succession plan. 10 June 2014
News
Investors in the insurance industry are continuing to be cautious, according to a report by rating agency Moody’s. 1 May 2012
News
Aon Benfield, the reinsurance intermediary of Aon, has appointed Roger Smith as leader of the firm’s London accident, health and life team. 18 March 2015
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