Commercial
Aon signs Gecalux deal
Aon Corporation has announced that it has entered into an agreement with Le Foyer and Kredietbank to transfer the business of Gecalux Luxembourg, Gecalux Switzerland and Gecasuisse.
Axa UK unveils restructure
Axa Insurance has announced a restructure, dividing the business into four core operational units: Distribution, Customer Operations, Corporate Development and Underwriting.
NU in talks to acquire Barclays insurance arm
Barclays Bank has revealed that negotiations are underway to sell Gresham Insurance, which it bought today from Legal & General, to Norwich Union as it seeks to boost its share of the general insurance market. If negotiations are succesful NU would…
Zurich renames in strategy move
Zurich London has been renamed Zurich Global Corporate UK in line with the group's profit generating...
Concerns continue over Lloyd's reserves
Assertions from Lloyd's Names that Highway Insurance may be over-reserved have raised concerns over ...
Markel shuns growth as GWP drops
Insurer Markel International has revealed plans to capture a greater share of the European market in...
Argyll close to new buy
Argyll Insurance Group has revealed plans to increase gross written premium to £50m during the next ...
CIS terminates broker agencies
The Co-operative Insurance Society has terminated most of its broker agencies as part of its insuran...
Penny Black's insurance week
It is good to see the much-maligned insurance industry is committed to recycling. Calling former GAB...
Oxygen moves headquarters to Fenchurch Avenue
Start-up intermediary Oxygen this week moved to the 'insurance village' on Fenchurch Avenue from its...
Misys' general insurance business increases operting profit
Software supplier Misys' general insurance business has increased its operating profit by 8% to £7m....
A level playing field
Brokers: Vertical Integration
Date is set for NU fraud case
Former Norwich Union employee Carol Birrell is due to appear in court in February to receive her sen...
CILA nears government protocol deal
The Chartered Institute of Loss Adjusters is close to agreeing a protocol with the government to all...
Everest Re reports lower 2004 Q4 earnings
Everest Re Group has reported fourth quarter 2004 after-tax operating income, which excludes realized capital gains and losses, of $94.7m, a 20.2% decrease compared to $118.6m in the fourth quarter of 2003.
Zurich London renamed Zurich Global Corporate UK
Zurich London will be renamed Zurich Global Corporate UK with effect from January 31 2005 according to Zurich Financial Services Group.
Appointment at Jardine Lloyd Thompson Group
Recruitment
The long-term strategy is still key
Henry Keeling sees the newcomers from the hedge fund world as conferring respectability on the reinsurance industry
Terrorism and oil - a bad combination
Focus: Middle East
Aon launches Latin American subsidiary
Aon Corporation has announced the formation of Aon Affinity Latin America. The organisation will be...
Appointment at Heath Lambert Insurance Services
Recruitment
Appointment at Brit Insurance Holdings
Recruitment
Stanca steps down from PartnerRe board
PartnerRe has announced that Lucio Stanca has resigned from PartnerRe's Board of Directors.
MMA hires new customer services manager
Intermediary-only insurer MMA Insurance has appointed Christine Bennett as customer service manager. Ms Bennett brings with her over 14 years experience of managing Call Centres having been based at Prudential Assurance for over 10 years.