Europe
Willis to broke multi-billion pound helicopter deal
Willis has won the broking rights to a major UK government helicopter account, Reinsurance has learnt.
Beazley profits pass £100m and GWP hits a £1bn 2009
Beazley chief executive officer Andrew Horton said "our underwriters delivered again in 2009" as it reports improved profits.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Allianz strikes deal with motor giant
Daimler Financial Services and Allianz SE conclude agreement under which the insurance group becomes Daimler's strategic partner for the international automotive insurance business.
Delta Lloyd up in GI, but down in life
Aviva subidiary reports gross written premium of €5.1bn in 2009, down from its record year 2008 (€5.9bn).
Hyperion boss Howden: we are on track to hit £100m by 2012
Insurance group Hyperion reports an operating income of £57.2m and EBITDA (excluding exceptional items) of £8.8m for the 12 months ended 30 September 2009, up 19% and 7% respectively on last year.
Aon reports drop in UK revenue
Aon has reported that UK organic revenue decreased 9% in the final quarter of 2009 due to weak economic conditions, soft pricing and lower new business.
Compre opens new Swedish operation
Compre Group has opened a new service company Compre Services (Sweden) AB with offices in Malmö and Stockholm.
Zurich proposes new director
Josef Ackermann is expected to be elected to the board of directors of Zurich Financial Services on 30 March at its 2010 AGM.
Aviva in Polish online push
Aviva Poland has launched an online short-term travel insurance product aimed at people who are planning a single trip outside Poland.
Aviva Spain merges websites
José Manuel Jiménez, Aviva Spain's marketing manager, said: "This website brings major advantages for users."
Aviva improves quarterly life and pensions sales
Insurer Aviva has announced life and pension sales of almost £8bn for the fourth quarter 2009 – a 21% increase on the figures for Q3 2009.
Mapfre's earnings fall in 2009
Mapfre, the European (re)insurer, said that earnings for the year fell in 2009.
Zurich sees GI COR improve to 96.8% as GWP drops 4%
Zurich this morning said its 2009 general Insurance business operating profit was US$3.5bn, down 2% in USD but up 1% in local currencies.
Catlin raids Swiss Re for CIO
Catlin Group has appointed Martin Zingg as chief investment officer with effect from 1 March.
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Former AIG vice president takes new non-exec role
Phil Green joins the Wesleyan Assurance Society board.
Munich Re's profits jump in 2009
Munich Re has reported that its profits rose to €2.56bn in 2009 from €1.58bn in 2008. The Germany-based reinsurance giant's fourth quarter profit also grew substantially, jumping to €0.78bn from €0.11bn in the fourth quarter of 2008.
Neste Oil to receive EUR 47.5m from reinsurers
Finnish oil refining company Neste Oil has announced that it will receive 47.5m euros from a syndicate of reinsurers following a fire at a refinery in April 2008
Two step down at Aviva subsidiary
Delta Lloyd on the look out for two new members of its supervisory board.Philip Scott and M H M (Marcel) Smits have resigned their membership of the supervisory board of Delta Lloyd on account of changes in their principal occupation.
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Zurich backs ILO facility
CEO Martin Senn said donation wwas critical to long-term business plan.