Commercial
Post Broking Supplement: Interview with Reich MD Simon Taylor
Reich Insurance managing director Simon Taylor talks acquisitions, art and his "service, service, service" mantra.
Post magazine - 10 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Sogaz opens in Serbia
Russian insurance firm Sogaz has opened its first foreign subsidiary in the Republic of Serbia.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
RSA CEO Lee says Aviva-type deal would be "inherently risky"
RSA’s new CEO has insisted that it would shun major transformational deals because of the risk involved, while also insisting that it tends to walk away from bidding wars as these inflate acquisition prices.
Geddes eyes imminent job function separation as RBS divestment gathers momentum
Direct Line Group chief executive Paul Geddes remains confident that group separation will be achieved on schedule after announcing that job functions at the business will be operating on a standalone basis by the summer.
AIG reports $3.2bn Q1 net income
American International Group reported net income attributable of $3.2bn for the quarter ended 31 March 2012, compared to net income attributable to AIG of $1.3bn for the first quarter of 2011.
RSA ties-up £375m worth of Gallagher subsidiary OIM deals
RSA has this morning confirmed the completion of two new five-year household deals and a commercial combined deal with Gallagher subsidiary OIM Underwriting.
DLG records steady Q1 improvement as separation 'progresses well'
Direct Line Group has increased its Q1 operating profit by 25% on the same period last year to £84m, thanks to prior year reserve releases and higher investment income.
Aviva shareholder rebellion ranks alongside RBS as 54% say 'no'
Over half of Aviva's shareholders have voted against the remuneration of its top executives.
Axa launches broker talent training initiative
Axa Commercial Lines has launched its new broker talent training initiative with the successful completion of its first week-long management course in Bordeaux.
UKG new broker schemes premium grows 50%
UK General has boasted £300m in gross written premium with a £90m rise from new broker schemes.
Zurich renames Malaysia Assurance Alliance Berhad
Malaysian Assurance Alliance Berhad has been renamed Zurich Insurance Malaysia Berhad following Zurich's acquisition of MAAB in September 2011.
Kennedys and Integra secure double win for Borealis
Law firm Kennedys and loss adjusters Integra Technical Services have successfully defended chemical and plastics provider Borealis in a second landmark legal victory over UK Oil Tank Manufacturers, handed down today.
Blanc reveals Newcastle has been tough for Axa, but hails improved PL connectivity
Axa Commercial CEO Amanda Blanc has admitted that Newcastle has proved the most testing of its recent branch openings.
Airline insurance sector soars to first profit in five years
Profitability returned to the aviation and airline manufacturing insurance markets in 2011 following one of the lowest years for losses and passenger fatalities on record, according to Willis’ Aerospace.
Claims from 'freak' tornadoes flood in
Two freak tornadoes caused damage to parts of Essex and Warwickshire yesterday.
DLG prospectus reveals 2011 COR breakdown
The Direct Line Group has launched a prospectus geared towards tying up its proposed £500m planned subordinated debt issuance, in which it discloses last year's combined operating ratio for the insurer's various lines of business.
Axa will never swallow MGA "hype" and "lure of lira" again, promises Williams
Axa will not fall prey to the hype about managing general agents while the current management team is in place.
Reed outlines plan to roll Axa Business Risk into Simple e-trading platform
Axa Commercial has confirmed it will eventually close and roll its Axa Business Risk platform into its new Acturis-based Simple e-trading one as the firm seeks to simplify its business offerings.
Willis UK business down "mid-single digits" in Q1
Willis has again bemoaned the performance of its UK arm as it reported net income from continuing operations for the quarter ended 31 March of $225m compared with $35m in the same period a year ago.
Metal theft: Finding a copper-bottomed solution
With metal theft on the increase due to a rise in value, how can the industry protect itself and its clients from criminals?
Q&A: Merlin's Andrew Considine on the future of loss adjusting
Is there really a shortage of young adjusters? What is Future Focus? Does CILA represent the interests of young adjusters? Merlin regional manager Andrew Considine explains all.