News
Allianz boasts of record investment performance
Allianz Global Investors achieved record profitability in 2009 with operating profits of 1362m euros compared to 904m euros in 2008.
Allianz boasts of record investment performance
Allianz Global Investors achieved record profitability in 2009 with operating profits of 1362m euros compared to 904m euros in 2008.
ING could delay insurance sale with IPO
Reports claim that as long as it kicks off the process with a stockmarket listing it could meet an EU requirement.
ING could delay insurance sale with IPO
Reports claim that as long as it kicks off the process with a stockmarket listing it could meet an EU requirement.
AIR estimates winter storm will cost up to €3bn
Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.
AIR estimates winter storm will cost up to €3bn
Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.
Scor in earnings surge
French reinsurer Scor reported a surge in earnings in the fourth quarter of the year.
Scor in earnings surge
French reinsurer Scor reported a surge in earnings in the fourth quarter of the year.
AI Claims wins "significant" intermediary deal
Credit hire firm AI Claims reported revenue increased by 59% to £38.2m (2008: £24.0m) for the six months ended 31 December 2009. Its EBITDA increased by 26% to £1.548m (2008: £1.225m) and adjusted profit before tax increased by 27% to £906k before IFRS 2…
Fitch: French windstorm losses material, but managable
Fitch does not expect losses from the catastrophe to result in a material capital erosion for the French insurance market. The agency expects that the rating actions due to the storm are likely to be limited.
Fitch: French windstorm losses material, but managable
Fitch does not expect losses from the catastrophe to result in a material capital erosion for the French insurance market. The agency expects that the rating actions due to the storm are likely to be limited.
Liberty Mutual reports mixed earnings
Liberty Mutual, the US (re)insurance giant, reported a mixed set of earnings for the fourth quarter and in 2009.
Tower Group net income doubles
Tower Group, the US insurer, said that net income for the fourth quarter of 2009 doubled.
Ukraine ruling coalition collapses
Ukraine's coalition has collapsed as newly elected President Viktor Yanukovich moved to oust Prime Minister Yulia Tymoshenko and consolidate power.
Ukraine ruling coalition collapses
Ukraine's coalition has collapsed as newly elected President Viktor Yanukovich moved to oust Prime Minister Yulia Tymoshenko and consolidate power.
Moody’s affirms Prudential’s Aa2 rating
Moody’s has reaffirmed Prudential’s Aa2 financial strength rating following the announcement that it plans to acquire American International Assurance Company.
Oval appointed to global broker network
Broker appointed to Wells Fargo Global Broker Network
RSA hit with £30m earthquake loss
RSA expects a financial impact of £30m, net of reinsurance, for claims arising from the earthquake in Chile.
Miller continues treaty expansion with Aon Benfield appointment
Miller has appointed of Jeremy Mander to its treaty reinsurance accident and health team.
Arag bolsters ranks with two new hires
Legal insurance company Arag UK has appointed Carrie-Anne Woods as senior claims handler and Paul Mather as underwriter from Das and RSA respectively.
Russia to support Iran sanctions
Russian president Dmitry Medvedev has said that he still hopes to avoid new punitive measures, but added Russia could not wait forever for cooperation by Tehran.
MASS Chairman welcomes delays to RTA process
The Motor Accident Solicitors Society has welcomed the Ministry of Justice’s decision to delay the implementation of the new RTA process to 30 April from 6 April.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.