Commercial
Zurich sees engineering business grow by 50%
Zurich's engineering insurance business has grown by 50% to £15m gross written premium in the past two years, with the ambition to take it to £25m over the next three to five years.
Biba 2011: Restructure ends as 114 Axa jobs go
Axa Commercial chief executive Amanda Blanc has revealed the restructure of the firm is "complete", including the identification of 114 senior management staff who will leave the business. As a result of the swift changes, Axa branches across the UK are…
Allianz front-end fraud focus helps save £50m
Allianz Insurance is on track to identify £50m of insurance fraud in 2011, according to UK chief executive Andrew Torrance — boosted by work undertaken by the insurer in private car application fraud.
Aviva to attack motor with online-only brand
Aviva is gearing up to challenge multi-brand motor insurance giants Royal Bank of Scotland Insurance and Admiral on the aggregators with the launch of a new internet-only brand.
Damage management - Surge: Surging ahead
Recent surge events have shown insurers are getting better at coping with large numbers of claims but there is still room for improvement. Sam Barrett finds out what could make a crucial difference the next time an extreme event occurs.
Barbon trading platform on track for a summer launch
Barbon Insurance Group is now "weeks away" from launching its wholesale broker online trading platform via property business Keelan Westall.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
RSA plans to 'dominate' marine after niche buy
RSA's acquisition of niche marine broker Noble Marine is part of a plan to dominate the UK marine market, according to marine director Richard Turner.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Post magazine – 19 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Gable to review business as profit soars 76%
Gable is to embark on a “complete review” of the business in preparation for the implementation of Solvency II.
Gable to review business as profit soars 76%
Gable is to embark on a “complete review” of the business in preparation for the implementation of Solvency II.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
Barbon launches staff incentive to boost M&A
Barbon Insurance Group has launched an employee incentive aimed at bolstering its pipeline of acquisition opportunities.
CGSC sets up Antwerp marine broker
Cooper Gay Swett & Crawford has established a specialist marine insurance broker, Junge Verzekeringsmakelaars, in Antwerp.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Ageas UK non-life back in profit in Q1 as motor COR improves 14.5%
Ageas' non-life has reported a non life profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the same period last year.
CGSC sets up Antwerp marine broker
Cooper Gay Swett & Crawford has established a specialist marine insurance broker, Junge Verzekeringsmakelaars, in Antwerp.
Markel acquires Swedish coverholder
Markel International has acquired Stockholm-based Lloyd’s coverholder Globen Försäkringar.
Cooper Gay unveils UK restructure
Cooper Gay has restructured its UK business, Cooper Gay & Co, into three core trading units to form what it hopes will be a "stronger and more streamlined platform" for growth.
European PI insurance GWP could top €7bn
The professional indemnity insurance market across Europe could be worth up to €7bn (£6.1bn) by 2014, new research has revealed.