News
Canopius Europe begins operations
Canopius Europe, the latest underwriting platform from Canopius Group, has commenced operations.
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.
Government takes forward Consumer Insurance Bill
Financial secretary to the Treasury, Mark Hoban, has announced that having considered the response to the Treasury’s targeted consultation on the Consumer Insurance (Disclosure and Representations) Bill, the government has decided to take forward the…
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.
RSA swoops for marine broker
RSA has expanded its regional footprint and intermediary network through the acquisition of Nottinghamshire-based broker Noble Marine, Post can reveal.
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
Allianz profit drops by 6%
Allianz Insurance has reported an operating profit of £34.4m in Q1 2011, down 6% on the £36.7m it made in the same period last year.
S&P downgrades Groupama IFS rating
The insurer financial strength rating of Groupama has been downgraded from ‘A-‘ to ‘BBB+’ by Standard & Poor’s because of its “material exposure to Greek government bonds”.
Axa confirms Gill departure
Axa has confirmed customer delivery director Dave Gill is the latest casualty of the insurer's sweeping restructure.
ALC Health increases cover to reflect increased global costs
As part of a review of ALC Health’s Prima range of international medical insurance plans, the company has increased the annual limits of its Premier, Classic and Ibérica plans and has also increased the cover benefits provided for organ transplants and…
Solicitors’ Indemnity Mutual Insurance Association goes into run-off
SIMIA, the mutual insurance company for professional indemnity insurance above £1m to firms of solicitors based in England and Wales, has confirmed it is to cease taking on new business.
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
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.
Marsh solution to solar energy project financing
Marsh has developed an insurance contract that provides coverage for photovoltaic project companies and operators against default risk on long-term guarantees for modules by manufacturers.
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.
Greenwoods joins Telecoms fraud body
Defendant insurance law firm Greenwoods Solicitors has joined the Telecommunications UK Fraud Forum, a body for the exchange of information and the promotion of a united effort against telecommunications fraud.
Crawford establishes new GTS team to serve Latin American clients
Crawford & Company has established a team of Global Technical Services managers and offices in Latin America to more effectively serve large and complex claims from the growing insurance market in the region.
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.