News
Fortis international GI arm COR worsens to 107.8% in 2009
The group recorded an overall net profit EUR 456m, although its non life business net profit of EUR 74m, was negatively impacted by higher claims in Belgium and the UK.
Fortis Insurance to be rebranded "Ageas"
In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the…
Fortis Insurance to be rebranded "Ageas"
In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the…
Merlin completes refinancing deal
Claims management company Merlin has announced the completion of its refinancing deal after it was approved by investors and financial stakeholders.
FSA disappointed with industry criticism of PPI reforms
The Financial Services Authority has published feedback to its plans to reform the Payment Protection Insurance (PPI) market and announced a further six week consultation on its revised package of measures.
CED International acquires Interiura
CED International has swooped for international claims handling network Interiura, from parent company Arag.
CED International acquires Interiura
CED International has swooped for international claims handling network Interiura, from parent company Arag.
Glacier reports $34m growth in net income
Glacier has reported net income for 2009 up to $60m and a total gross written premium decline pf 17% from 2008.
Glacier reports $34m growth in net income
Glacier has reported net income for 2009 up to $60m and a total gross written premium decline pf 17% from 2008.
Towergate unveils two new quote and buy facilities
Broker to target musicians, entertainers and sole traders with launches.
Landau Manson rebranded following acquisition
Risk management company Landau Manson will trade under the James Hallam name after it was acquired by Alan Turner.
Broker Network adds to new start up numbers
Preston-based broker Fulwood Insurance Services has signed up to Broker Network’s new start-up proposition launched last month.
Crawford signs Aldermanbury Declaration
Crawford & Company has signed-up to the Aldermanbury Declaration, a new industry-wide intiative designed to promote the professionalism agenda.
PartnerRe Chile quake claims could reach $320m
PartnerRe has said it expects initial claims worth $220m-$320m, on a pretax basis, related to the recent devastating earthquake in Chile.
PYV launches investment fund division
Lloyd’s professional indemnity insurance broker launches business unit to offer bespoke insurance products and services for traditional and alternative funds.
Obama launches fresh attack on health insurers
President Barack Obama launched a fresh attack on health insurers in a speech on Monday and called on fellow Democrats to rise above politics and pass a healthcare overhaul in the next few weeks.
Greenberg to testify on Gen Re deal
A state judge has ordered that former AIG Chief Executive Hank Greenberg will be deposed about the controversial reinsurance transaction between AIG and General Re.
The Aldermanbury Declaration - is it the way forward?
Post, as part of its Investing in the Profession Campaign, is hosting this week a special, live, and interactive, online debate on the insurance industry's latest initiative to boost professionalism - The Aldermanbury Declaration.
Government mulls plan to make third party cover for dog owners compulsory
Environment Secretary Hilary Benn said: "There is a lot of public concern about dog attacks, including the recent tragic deaths of young children, and about the rise in the number of so-called status dogs used to intimidate or threaten people."
Liberty raids Marsh for Hogg to lead strategic assets arm
The arm aims to develop and underwrite a range of specialist risks including intellectual property, reputational risks, cyber insurances and non-material damage business interruption.
Liberty raids Marsh for Hogg to lead strategic assets arm
The arm aims to develop and underwrite a range of specialist risks including intellectual property, reputational risks, cyber insurances and non-material damage business interruption.
Marsh to take $600m hit on Kroll disposal
The Financial Times reports The Carlyle Group, Apax Partners and General Atlantic have all entered bids by the deadline for first expressions of interest in late February.
Transatlantic costs for Q1 catastrophe events up to $90m
Transatlantic agrees to purchase 2m shares from AIG and announces preliminary cost estimates for first quarter 2010 catastrophe events which have occurred to date.
New start up signs four-year deal with Open GI
Aquilla selects software firm to supply core trading system and business intelligence tools.