News
A kwik fix for Fortis?
Fortis’ onward march continued last week with the not-so-unexpected news that it had acquired the Kwik Fit insurance business.
‘Modest’ changes in final spec for QIS5
The final specification for the fifth quantitative impact study for Solvency II has been released with “modest” changes for general insurance.
Broker Direct sees profit fall by three quarters
Broker Direct saw its profit fall by three quarters in 2009, and chief executive Roy Green predicted the firm’s profitability will be “under pressure” for the remainder of 2010.
NIG slips into the red as RBSI brands all suffer
Royal Bank of Scotland Insurance subsidiary NIG was the only one of its major four brands to record a loss in 2009, Post has discovered.
Affinity news: Brand butlering offers third way for providers
Post’s Affinity 2010 event was held in London last week, brining together key players in the sector – from insurers, brokers, affinity brands and other suppliers – to learn about and debate the latest developments.
OIM hires ex Bluefin boss
Former Bluefin managing director, Chris Ladkin is joining OIM Underwriting to head up its new Finpro team.
Policyfast enters Lloyd’s after acquisition of SP
Wholesale broker Policyfast has entered Lloyd’s after being granted coverholder status and acquiring an underwriting team from Stevenson Price.
ABI: Directive should not be used to force insurers to hold excessive capital
The Association of British Insurers comments on the launch of QIS5.
Ariel Re admitted as reinsurer in Brazil
The (re)insurer has also opened a representative office in Rio de Janeiro after its approval as an admitted reinsurer by regulator SUSEP
Post in print – 8 July 2010
Post deputy editor Lynn Rouse summarises the major news headlines from tomorrow’s issue of Post.
Post in print – 8 July 2010
Post deputy editor Lynn Rouse summarises the major news headlines from tomorrow’s issue of Post.
Aviva to sponsor Premiership Rugby
Insurance giant Aviva has agreed a £20m four-year deal to become the new sponsor of Premiership Rugby.
Chaucer agrees Norwegian deal
Chaucer has formed a new energy partnership with Scand Ins - the Scandinavian Insurance Management Company.
Aviva modifies motor trade offering
The general insurer has revamped its motor trade insurance proposition to better cater for the needs of smaller motor traders.
Bluefin expands real estate team
Helen Goodey from Zurich has joined Bluefin as executive director of its real estate team.
Chaucer agrees Norwegian deal
Chaucer has formed a new energy partnership with Scand Ins - the Scandinavian Insurance Management Company.
Commission has listened to industry concerns
Tamsin Abbey, life insurance partner at Deloitte comments on the final QIS5 specification released by the European Commission yesterday.
JLT appoints MD for North Asia
Jardine Lloyd Thompson Asia has appointed Doug White as managing director of its North Asia business.
Heath Lambert creates London commercial team
Heath Lambert has created a specialist commercial division to capture business within the M25 zone.
Commission has listened to industry concerns
Tamsin Abbey, life insurance partner at Deloitte comments on the final QIS5 specification released by the European Commission yesterday.
Garwyn appoints Durham manager
Garwyn has promoted Iain Milne to the position of branch manager for Durham, supporting claims investigations in the North East of the UK.
Time ticking on Insurance Fraud Awards submission deadline
There are just three days left to get your entries in for the Insurance Fraud Awards 2010.
AM Best positive over Ecclesiastical arm
AM Best has placed under review with positive implications the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Ansvar Insurance.
Career Development & CSR news: Insurance employees top stress league
Insurance workers are more stressed out than any other profession, a new poll has claimed.