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Allianz boss ready for Tesco-sized affinity deal after VW tie up
Jon Dye told Post: "Could we do a deal of that size, yes, why not. This is Allianz, it is an enormous business."
Post | 12 Mar 2010
Allianz sees GI go backwards in Germany
Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.
Post | 12 Mar 2010
Italian insurer records rise in GI premiums
However, Vittoria Assicurazioni reported a net Profit attributable to parent company shareholders of € 16.9m in 2009, a drop of -16.1%.
Post | 12 Mar 2010
Baugh to head up European operation in Chartis shake-up
James Shea, currently regional president for Chartis Central Europe & Commonwealth of Independent States, will become managing director of Chartis UK.
Post | 11 Mar 2010
Pick of the week
Post reporter Leigh Jackson outlines the major news stories from this week's issue of Post.
Post |
10 Mar 2010 | 
Interglobal
International private medical insurer Interglobal has appointed Nicola Norris as business development manager, with responsibility for building distribution and sales of individual and group PMI in the UK through the intermediary channel.
Post |
10 Mar 2010 
Thornside pet insurance
Thornside, the pet insurance division of Capita Insurance Distribution, is to work with Home Retail Group to provide and administer its new pet insurance programme in Ireland.
Post |
10 Mar 2010
Hodges: no 'land grab' for Aviva
Aviva UK plans to build its capability in the commercial property owners and motor sectors after its business insurance book shrunk by £400m in 2009.
Post |
10 Mar 2010
LV to recruit another 75 staff
LV's new 24-hour call centre for motor insurance customers in Hudddersfield may be expanded to household during 2010. The insurer hopes to create up to 75 jobs over the next 18 months following the opening.
Post |
10 Mar 2010
leader - Is Aviva now fitter?
For months there has been speculation about how much business Aviva had shed in its efforts to bolster its profitability. The answer — as highlighted in its 2009 full year accounts out this week — was quite a lot, as it reported net written premiums in its UK general insurance arm of £3.91bn for 2008, down from £5.02bn for 2008. This included £0.7bn worth of personal lines NWP shed and £0.4bn of commercial NWP.
Post |
10 Mar 2010
AMA and Nacho confirm merger
The Accident Management Association and the National Association of Credit Hire Operators this week confirmed their merger.
Post |
10 Mar 2010
ABI slams proposal for compulsory dog cover
The Association of British Insurers has slammed government proposals to introduce compulsory third-party dog insurance in the UK.
Post |
10 Mar 2010
Secret Millionaire broker will continue support
Former Protectagroup chief executive Paul Ragan has vowed to continue his support for the people he helped while starring in the Channel 4 show Secret Millionaire that first aired on Monday.
Post |
10 Mar 2010
Credit card compliance low
Only 11% of UK companies, including insurers, are certified as payment card industry compliant, according to new research by Tripwire.
Post |
10 Mar 2010
Allianz boss: Tesco-sized affinity deal possible
The general manager of Allianz Retail has hailed its latest affinity win with Volkswagen Insurance Service as a "milestone" for its fledgling corporate partners business, and a sign that it could do a deal of the size of Tesco Bank.
Post |
10 Mar 2010
Aviva and Fortis-backed start-up targets 450 brokers in 2010
Aviva, Fortis and LV have thrown their weight behind a new broking support service aimed at rivalling long-standing offerings Countrywide from Open GI, and Keychoice from SSP.
Post |
10 Mar 2010
Fortis Insurance to be rebranded "Ageas"
In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the professional expertise concentrated within our group."
Post | 10 Mar 2010
WNS offers MOJ web solution
Motor claims management specialist WNS Assistance is offering insurers an integrated web service solution to the Ministry of Justice’s new electronically streamlined compensation system for low cost road traffic accident personal injury claims.
Post | 08 Mar 2010
Mapfre agrees €446m bancassurance deal with Caixa Catalunya
Spanish insurer Mapfre has agreed to jointly develop a range of insurance and pension products with Caixa Catalunya in a deal worth €446.8m (£403.3m)
Post | 05 Mar 2010
LV set to open Huddersfield office
LV has announced plans to open a new office in Huddersfield creating 75 jobs in the region.
Post | 05 Mar 2010
Aviva health specialist lands UKRC role
Aviva UK Health clinical development manager Mark Sharpe has been elected as the sole private medical insurance representative on the board of the UK Rehabilitation Council.
Post | 04 Mar 2010
AMA and Nacho confirm merger plan
The executive committees of the Accident Management Association and the National Association of Credit Hire Operators have agreed proposals to merge and have recommended acceptance to their respective memberships.
Post | 04 Mar 2010
Thornside and Argos to partner in Ireland
Thornside, the pet insurance division of Capita Insurance Distribution, is to work with Home Retail Group to provide and administer its new pet insurance programme in Ireland.
Post | 04 Mar 2010
Resignations rise as employers fail to meet expectations
Amid high unemployment and an increasingly unstable job market, it would be easy to assume people are clinging desperately to their jobs, fearful that if they try to make a career move they will find themselves out of work.
Post |
03 Mar 2010
Helphire in talks to cut non-GTA deals
Credit hire operator Helphire has revealed it will complete scaling down its business by June, after posting a loss of £400 000 in the second half of 2009.
Post |
03 Mar 2010
Allianz ups motor rates by 24% in 2009
Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.
Post |
03 Mar 2010
Admiral: no sacred cows
Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.
Post |
03 Mar 2010
RBSI catches a claims "cold"
Royal Bank of Scotland Insurance has reported its first ever quarterly loss during the last three months of 2009, blaming the "industry phenomenon" of the UK claims environment for a £170m hit.
Post |
03 Mar 2010
RSA seeks credit hire efficiency
RSA is exploring the use of bilateral agreements as way to drive efficiency into credit hire arrangements.
Post |
03 Mar 2010
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