Articles by Amy Ellis
Insurers state position on ash cloud cover
Aviva and Ageas have updated customers on the potential impact of the Icelandic volcano.
Whittington sponsors launch of Sirius Lloyd’s Syndicate 1945
Lloyd’s managing agent Whittington Capital Management is sponsoring the launch of a new Lloyd’s syndicate. Syndicate 1945 will be supported by Sirius International Insurance, the Swedish reinsurer that is a member of the White Mountains Insurance Group.
Mitsui Sumitomo has “adequate capacity” following Japan situation
Mitsui Sumitomo at Lloyd’s has updated the UK insurance market on the current situation in Japan following the earthquake and tsunami at the beginning of this year.
Legislation set to impact international reinsurers' exposure to Japanese earthquake damage
City law firm Reynolds Porter Chamberlain will explain the important areas of a new Japanese insurance law that will affect reinsurers' exposure to the Japanese earthquake damage at a talk on Friday 20 May.
Direct Line hails death of the aggregator
Responding to an investigation from consumer magazine Which? that claims aggregators display a lack of transparency to the consumer Direct Line has said that providers in this space “are not always what they seem”.
Fitch affirms KBC group at 'A' - outlook stable
Fitch Ratings has affirmed KBC Bank's, KBC Verzekeringen N.V.'s and holding company KBC Group's long-term issuer default ratings at 'A'. The outlooks on the long-term IDRs are stable. At the same time, the agency has affirmed KBC Insurance's insurer…
Fitch affirms KBC group at 'A' - outlook stable
Fitch Ratings has affirmed KBC Bank's, KBC Verzekeringen N.V.'s and holding company KBC Group's long-term issuer default ratings at 'A'. The outlooks on the long-term IDRs are stable. At the same time, the agency has affirmed KBC Insurance's insurer…
PPI complaints more than double to 51%
The Financial Ombudsman Service annual review has revealed that 51% of new cases were about the sale of payment protection insurance with the number more than doubling to 104 597 - the highest number ever received in a year about a single financial…
Miller creates new specialist international binding authority team
Miller has created a new international platform for its binding authority business with the formation of a specialist binding authority team.
Government takes forward Consumer Insurance Bill
Financial secretary to the Treasury, Mark Hoban, has announced that having considered the response to the Treasury’s targeted consultation on the Consumer Insurance (Disclosure and Representations) Bill, the government has decided to take forward the…
Allianz profit drops by 6%
Allianz Insurance has reported an operating profit of £34.4m in Q1 2011, down 6% on the £36.7m it made in the same period last year.
Crawford establishes new GTS team to serve Latin American clients
Crawford & Company has established a team of Global Technical Services managers and offices in Latin America to more effectively serve large and complex claims from the growing insurance market in the region.
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Insurers could cover part of €600m Quinn levy burden
The Central Bank is considering applying the Quinn Insurance levy to the international sales of Irish-regulated insurers, potentially reducing the demand on Irish policyholders to as little as €200m, according to the Irish Independent.
Crisis Survivor goes into liquidation
Risk management specialist Crisis Survivor has gone into liquidation, four years after its launch.
Axa commercial lines appoints head of strategic relationships
Axa commercial lines has appointed Anne Harrison to the new role of head of strategic relationships.
MMA appoints new commercial development manager
MMA Insurance has appointed Derek Bradshaw as development manager, to drive commercial growth through broker partners.
Atkinson Smith and Brit Insurance launch online self-build offering
Atkinson Smith and Brit Insurance have launched an online quote and buy system as part of their self-build (new build) and home extension/conversion scheme.
BBA abandons PPI appeal
The British Bankers' Association will not appeal the High Court judgement on the mis-selling of payment protection insurance.
Brokers retain appeal in personal lines market
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Moody's comments on Solvency II QIS5 capital adequacy results
Moody's Investors Service said that the results of the fifth Quantitative Impact Study suggest that most European insurers will be able to transition to the new Solvency II regime without the need to raise capital, as capital levels exceed the solvency…
Sony's insurers to help foot bill for data breach
Sony is looking to its insurers to help pay for its massive data breach an amount that could exceed $2bn, Reuters has reported.