Articles by Jonathan Swift
AI expects to beat forecast with results
Credit hire operator AI Claims Solutions today said it expects turnover, profit before tax and earning per share for the financial year ending 30 June 2010, to be ahead of market forecasts.
CEO Utley out at IAG UK
Insurance Australia Group has announced today that Ian Foy, currently CEO of IAG’s New Zealand business, will return to the United Kingdom to become CEO of IAG’s UK business, succeeding Neil Utley.
Ageas announces Turkish disposal
Ageas has reached an agreement with BNP Paribas Assurance on the sale of its pension and life activities in Turkey.
QBE adopts US dollar for reporting as it forecasts 40% profit drop
QBE has decided to adopt a US dollar presentation currency for 2010 onwards, as it is claims this is more relevant for measuring performance given that around 75% of business is now written in 48 overseas countries, and over 50% of annualised premium…
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Fortis recruits quartet in SME commercial push
Fortis has bolstered its commercial lines underwriting and business development teams with the recruitment of senior staff.
Ageas announces Turkish disposal
Ageas has reached an agreement with BNP Paribas Assurance on the sale of its pension and life activities in Turkey.
QBE adopts US dollar for reporting as it forecasts 40% profit drop
QBE has decided to adopt a US dollar presentation currency for 2010 onwards, as it is claims this is more relevant for measuring performance given that around 75% of business is now written in 48 overseas countries, and over 50% of annualised premium…
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Swiss giant swoops for Belgium business
Eureko and Baloise have signed an agreement which will lead to the sale and purchase of Avéro Insurance in Belgium.
Swiss giant swoops for Belgium business
Eureko and Baloise have signed an agreement which will lead to the sale and purchase of Avéro Insurance in Belgium.
Allianz unveils motor realignment
Allianz is realigning the structure of the unit responsible for its automotive cooperations - Global Automotive.
Allianz unveils motor realignment
Allianz is realigning the structure of the unit responsible for its automotive cooperations - Global Automotive.
Beazley sees rates go backwards on renewals as it hits $115.5m profit
Lloyd's insurer Beazley achieved a profit before tax of $115.5m (2009: $30.1m). It added the profit before income tax and earnings per share includes an exceptional foreign exchange gain of $33.7m.
ABI confirms insurance fraud hit £16m a week in 2009
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers.
FSCS says two thirds of £204m payouts are for PPI
In its annual report and accounts for 2009/10, published today (22 July), the Financial Services Compensation Scheme reports that it has paid more than £204m in compensation to over 21 000 claimants.
Fraud Awards shortlist announced as ABI unveils latest detection figures
The shortlist for the 2010 Insurance Fraud Awards - recognising excellence and best practice in combating and preventing insurance fraud - has been announced today.
Giles-owned Ink bids for Westinsure
Giles owned-managing general agent Ink has made an offer to acquire Westinsure.
Aviva and RSA among firms studying Quinn bid memo
UK insurance giants Aviva and RSA have been named among the potential bidders for Quinn Insurance, according to a report this morning.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.
Aviva and RSA among firms studying Quinn bid memo
UK insurance giants Aviva and RSA have been named among the potential bidders for Quinn Insurance, according to a report this morning.
Quinn jobs saved after business picks up
Seventy-five jobs at Quinn Insurance in Enniskillen, Co Fermanagh, which were to be lost will now be saved, it has been reported.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.