News
Aviva pays £104m for minority stake in insurer
Aviva has exercised its option to buy out the stakes held by the minority shareholders of Société d’Epargne Viagère, a French life insurance company in which Aviva already has an 83.7% equity stake.
Towers Watson acquires EMB
Towers Watson has acquired general insurance and actuarial consulting company EMB.
Hannover Re CEO raises profit forecast in Q3 results
Hannover Re this morning said gross written premium in total business grew by an appreciable 11.5% as at 30 September 2010 to reach Euro 8.6bn.
Hannover Re CEO raises profit forecast in Q3 results
Hannover Re this morning said gross written premium in total business grew by an appreciable 11.5% as at 30 September 2010 to reach Euro 8.6bn.
Novae acclaims move to short tail classes in Q3 results
Lloyd's insurance group Novae has reported gross written premium for the first nine months of 2010 to £473.3m, up 54% (Q3 2009: £308.2m).
Novae acclaims move to short tail classes in Q3 results
Lloyd's insurance group Novae has reported gross written premium for the first nine months of 2010 to £473.3m, up 54% (Q3 2009: £308.2m).
DWF insurance division posts 12% growth
The insurance arm of law firm DWF has announced a 12% increase in fee income for the first half of the financial year.
Beazley extends data breach cover
Beazley has doubled the number of people eligible for notification and credit monitoring protection under its data breach insurance policy, Beazley Breach Response.
Marsh lands RFU sponsorship
Marsh has been named the official insurance broker of the Rugby Football Union and a sponsor of the RFU’s community rugby programme.
68 staff at risk as Choice Quote business moved to Carole Nash
Following a business review, Groupama-owned GUK Broking Services has announced proposals for change to the future business model of its ChoiceQuote Insurance Services subsidiary.
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Tesco insurance partner Ageas UK reports £16.6 m profit in Q3
Ageas this morning reported UK non-life gross written premiums were up 14.1% to £703.9 m in the first nine months of 2010 compared to the same period last year.
Ink in ‘unique’ position with rebrand
Giles-owned Ink Underwriting Agencies has rebranded as Ink Insurance in a move to become a one-stop shop for smaller brokers struggling to place business with insurers.
Biba outlines eight point motor insurance plan to government
The British Insurance Brokers’ Association has called on the Government to implement an eight point plan to reduce the spiralling cost of motor insurance.
Ageas and L&G join green insurance panel
Eco insurance brand I Buy Eco, has today announced the expansion of its home insurance panel with insurers Legal & General and Ageas.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
Lord Chancellor agrees to review discount rate for PI claims
An agreement by the Lord Chancellor to review the discount rate has been welcomed by the Association of Personal Injury Lawyers.
Transactor looks to double headcount with move to new premises
Transactor Global Solutions is relocating its head office in Winchester from Cavendish House to Colden Common Business Park as a result of the company's continued growth.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Marsh signs exclusive agreement to boost offering in Iraq
Marsh has announced that it had signed a mutually exclusive agreement with Anglo Arab Insurance Brokers, the only international broker to be licensed and registered to operate in Iraq with offices across the country.