Commercial
Rok suspends finance director
Rok has suspended its finance director after an independent review uncovered serious failings in the financial control of its plumbing, heating and electrical business.
Post Magazine - 12 August 2010
The August 12 edition of Post magazine is now available to subscribers as a digital interactive e-book.
Sampo profit rises to Euro 621m in first half of 2010
Scandanavian insurance group Sampo's profit before tax for the first six months of 2010 rose to Euro 621m (H1 2009: Euros 433m).
Sampo profit rises to Euro 621m in first half of 2010
Scandanavian insurance group Sampo's profit before tax for the first six months of 2010 rose to Euro 621m (H1 2009: Euros 433m).
Allianz to target Bric countries after extending 60 year old VW deal
Volkswagen Financial Services and Allianz Global Automotive have today signed a letter of intent, agreeing to strategically expand their 60 year-old successful partnership and to continue it in the long term.
Allianz to target Bric countries after extending 60 year old VW deal
Volkswagen Financial Services and Allianz Global Automotive have today signed a letter of intent, agreeing to strategically expand their 60 year-old successful partnership and to continue it in the long term.
Crawford results show $2.5m net loss
Loss adjuster Crawford & Company has reported consolidated revenues before reimbursements of $238.2m in the second quarter of 2010 compared to $249.7m in the same period of 2009.
Axa goes live with commercial combined product on Acturis
Following a successful pilot, Axa is releasing its commercial combined e-trade product to all brokers on the Acturis platform on an open market basis.
Hannover Re profits hit by major losses in H1 2010 results
Hannover Re has reported that it booked gross written premium totalling €5.7bn as at 30 June 2010, an increase of 8.2% relative to the corresponding period of the previous year.
Former Swiss Re UK boss Carroll joins Chaucer board
Chaucer Holdings has appointed Tim Carroll as a non-executive director of Chaucer Syndicates, its managing agency and main operating company.
Hannover Re profits hit by major losses in H1 2010 results
Hannover Re has reported that it booked gross written premium totalling €5.7bn as at 30 June 2010, an increase of 8.2% relative to the corresponding period of the previous year.
Postscript - 30 years ago: Warrants issued over oil fraud
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
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.