Commercial
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.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Solvency II to impact EU captive industry
The looming implementation of Solvency II will change the market environment dramatically for captive insurers according to recent research.
Aviva to launch internet-only brand following strong growth in motor book
Motor insurance has been the “key highlight” for Aviva in the first quarter, according to the insurer, which plans to launch a new, separately branded internet-only offering in the summer.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
Software firm issues Solvency II warning
Data management software company Cluster Seven has urged insurers to ensure they are accounting for spreadsheet risk in their implementation plans for Solvency II.
Software firm issues Solvency II warning
Data management software company Cluster Seven has urged insurers to ensure they are accounting for spreadsheet risk in their implementation plans for Solvency II.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Donaldson to join RSA group board in new role
Paul Donaldson is set to join RSA’s group executive board after being promoted to a new role at group level.
Sagicor hit with $36.2m catastrophe loss in Q1
Sagicor “still expects” to record a profit during 2011 despite producing a loss in the first quarter following exceptional natuaral catastrophes affecting its property & casualty book.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Exclusive IFRS and digital content now available on Post Europe
Post Europe’s weekly update is now live with an article on how The International Accounting Standards Board’s draft standard for the valuation of insurance liabilities will affect the market; and a View from The Top on how the Netherlands’ trading…
Post Europe: Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.
Gallagher's crashes UK top 10 broker table with £97m Heath swoop
Arthur J Gallagher has confirmed it has completed the acquisition of Heath Lambert in a £97m cash deal.
Catlin Q1 GWP bolstered by Swiss start-up as UK/London dips 10%
Catlin this morning reported that it had seen an 11 per cent increase in gross premiums written ($1.4bn or £860m) and that over half (52 per cent) had been written by non-London/UK underwriting hubs.
Lloyd's reveals £2.34bn claims hit from quakes, tsunami and flooding
Lloyd’s has today announced its estimated net claims before tax from the earthquakes this year in Japan and New Zealand and the January 2011 floods in Australia.
Catlin Q1 GWP bolstered by Swiss start-up as UK/London dips 10%
Catlin this morning reported that it had seen an 11 per cent increase in gross premiums written ($1.4bn or £860m) and that over half (52 per cent) had been written by non-London/UK underwriting hubs.
Giles reports 2010 loss of £37m
Giles made a loss of £37.11m in the year to 31 August 2010, according to accounts filed with Companies House this week.
Two FSA decision notices referred to the tribunal
The Financial Services Authority has for the first time, published two decision notices for enforcement decisions that have been referred to the Upper Tribunal.