Commercial
Groupama boss hails effort in stopping motor 'bleeding'
Groupama chief executive François-Xavier Boisseau has said the insurer has gone some way to stopping the "bleeding" of its private motor account, as it reported its results for the first half of 2010.
RSA CEO 'lonely' on rates
RSA's UK chief executive has admitted he is feeling "lonely" when it comes to commercial rate rises.
Aviva looks to build on Santander tie-up
Aviva is set to build up its affinity partnerships, starting with the banking sector, by developing more cross-selling opportunities across its general insurance and life businesses.
Axa chief hails 'one-off' CL opportunity
Axa Insurance is preparing to unveil a restructure of its commercial division after revenues in the first six months fell by 18% year-on-year.
Axa and Aviva tread carefully as large commercial rates stagnate
Aviva and Axa have admitted the lack of rate hardening in commercial lines has dampened their appetite for some larger risks, at least in the short term.
Sabre to join Provident on Tesco panel
Sabre is poised to join Provident Insurance on Tesco Bank's specialist motor panel, Post has learnt.
Axa boss joins Zurich UK operation
Zurich’s UK general insurance division has appointed Peter Clark as head of property and strategy exposure management, commercial lines.
Axa boss joins Zurich UK operation
Zurich’s UK general insurance division has appointed Peter Clark as head of property and strategy exposure management, commercial lines.
Towergate boss joins Power Place
Former Towergate manager Darren Rowe has been appointed sales director of sister company Power Place.
Brokerbility member acquires South West broker
Marsh and Co, a member of the Brokerbility Group, has acquired Regency Commercial Insurance Brokers in Weston-super-Mare.
Fortis launches additional functionality for renewals
Fortis has launched additional functionality for renewals on its Acturis commercial electronic products.
QBE restructures exec to better reflect growth
As a result of its continued expansion, QBE has decided to restructure into three main operating divisions – Europe, the Americas and Australia Asia Pacific.
Dual in SME e-business launch
Dual Corporate Risks has launched an e-business strategy targeting small businesses.
Markel International profits hit by major losses in H1 2010
Markel International reported gross written premiums of $395.3m for the six months to 30 June 2010, compared to $358.1m for the first half of 2009.
EMEA insurance buyers reap benefits from increased competition
Insurance buyers across Europe, the Middle East and Africa are reaping the cost benefits created by greater competition among insurers for their business and the added capacity generated by new entrants to the market, according to a new report.
Fitch assigns German Provinzial Nordwest Group A+ rating
Fitch Ratings has assigned German property and casualty insurer Westfaelische Provinzial Versicherung AG and the life insurer Provinzial Nordwest Lebensversicherung AG insurer financial strength ratings of 'A+' with stable outlooks.
QBE restructures exec to better reflect growth
As a result of its continued expansion, QBE has decided to restructure into three main operating divisions – Europe, the Americas and Australia Asia Pacific.
Markel International profits hit by major losses in H1 2010
Markel International reported gross written premiums of $395.3m for the six months to 30 June 2010, compared to $358.1m for the first half of 2009.
EMEA insurance buyers reap benefits from increased competition
Insurance buyers across Europe, the Middle East and Africa are reaping the cost benefits created by greater competition among insurers for their business and the added capacity generated by new entrants to the market, according to a new report.
Fitch assigns German Provinzial Nordwest Group A+ rating
Fitch Ratings has assigned German property and casualty insurer Westfaelische Provinzial Versicherung AG and the life insurer Provinzial Nordwest Lebensversicherung AG insurer financial strength ratings of 'A+' with stable outlooks.
AIG Q2 2010 results reveal losses
AIG has reported a net loss attributable to AIG of $2.7bn for the second quarter of 2010, compared to $1.8bn in the second quarter of 2009.
Dual links up with Odyssey Re for German D&O push
Dual Deutschland, the German cologne based MGA and part of The Dual Group, has secured new capacity from British insurer Newline Insurance Company, part of reinsurer Odyssey Re Group, to underwrite D&O for large financial institutions in Germany.
Dual links up with Odyssey Re for German D&O push
Dual Deutschland, the German cologne based MGA and part of The Dual Group, has secured new capacity from British insurer Newline Insurance Company, part of reinsurer Odyssey Re Group, to underwrite D&O for large financial institutions in Germany.
RBS Insurance records £253m loss in H1 2010
Royal Bank of Scotland's financial results show its insurance business in the first six months of 2010 was adversely impacted by a significant increase in bodily injury reserving, including adding £241m to reserves relating to prior years. In total RBSI…