Ireland
XL reports $475m loss
XL has reported a net loss of $475m (£301.3m) for 2011 along with a combined operating ratio of 107.5% for property and casualty (P&C) business.
XL planning for construction growth with new appointment
XL Group has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic region.
Aviva considering tied agent model in Ireland
Aviva has told staff in Ireland that it is considering selling some branches while others may be used in a franchise model, according to reports in the Irish press.
Chubb recruits again, this time from Hiscox
Chubb Insurance has hired Hiscox underwriter Karen Bathgate.
Ireland's Injuries Board sets good example
The UK should look to Ireland for a lesson on tackling the problem of increasing insurance premiums, according to Catherine Barton, partner in the insurance team at Ernst & Young.
Sean Quinn could face 12 year business ban in Republic
Sean Quinn’s bankruptcy declaration has been rejected by the High Court in Belfast following a challenge by the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank.
JLT snaps up Irish broker
Jardine Lloyd Thompson’s (JLT) Irish arm has acquired FBD Insurance Brokers, an insurance broker based in Ireland in a deal worth up to €8.5m (£7.1m).
FSA issues £2.8m fine for TCF breaches
The Financial Services Authority (FSA) has doled out a near £3m fine to an American insurer operating in the UK.
Quinn's wife ordered to repay €3m loan
Patricia Quinn, wife of bankrupt businessman Sean Quinn, has been ordered to repay more than €3m (£2.6m), to the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank, according to the Irish Times.
Mitsui Sumitomo expands in Dublin
Mitsui Sumitomo has appointed Brian Moran and Gavin Mullen to expand the offering of its recently launched Dublin office.
Insurance Age blog: Out with the new and in with the old
I think the Euro will collapse. For what it is worth, and I know I'm no economist, I cannot see how it will survive even if the German chancellor, Angela Merkel, and French president, Nicolas Sarkozy, succeed in agreeing a rescue package, put by some…
Chubb continues with Ireland expansion
Chubb Insurance has made two appointments to its commercial insurance team in Ireland.
Sean Quinn ordered to repay £358m
The founder of Quinn Group, Sean Quinn, has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
Aviva to shut all Irish branches
Aviva Insurance is to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs.
Sean Quinn under bankruptcy investigation
Sean Quinn will be investigated by Anglo Irish Bank for selling land to his five children only weeks before filing for bankruptcy in Belfast, according to the Irish Independent.
Aviva Ireland faces strike threat over redundancies
Union members at Aviva Ireland have voted to take industrial action if the 950 jobs being axed are threatened before agreement is reached with staff.
Chubb adds to UK and Ireland management team
Chubb Insurance has appointed Steve Ranzetta as UK and Ireland accident and health manager.
Ecclesiastical aims for growth in Ireland with new MD
Ecclesiastical has appointed a new managing director for its Ireland business.
Aviva pushes ahead with UK and Ireland changes
Aviva has appointed a transformation director tasked with integrating the insurer's UK and Ireland operations following recent structural changes and proposed redundancies in the Irish business.
Chubb makes senior UK and Ireland appointment
Chubb Insurance has appointed a new sales and marketing director for the UK and Ireland.
Three top insurers suffer from Irish downgrade
Aviva, RSA and Allianz have all been restricted from providing cover for Irish state companies due to the country’s demotion by credit rating agencies.
Aviva confirms job losses in Ireland
Aviva has confirmed the prospect of long-expected job losses in its Irish operation with the announcement that 770 jobs are set to go from Aviva Ireland.
Aviva Ireland job losses expected today
Aviva is expected to finally announce the long-rumoured job cuts of over half its Irish workforce today.
Aviva Ireland jobs set to be outsourced
Around 600 jobs at Aviva Ireland are expected to be cut and transferred to the insurance company’s UK operation, while around 400 more are likely to be outsourced.