News
Groupama profits fall more than 50%
Groupama Insurances has announced a pre-tax £14m profit for 2009 – a fall of more than 50% on the £30.1m reported in 2008.
Scottish insurance sector goes under the spotlight
Scottish Enterprise is to conduct a research study on the insurance sector in Scotland to help identify new ways the public sector agencies can support the sector to prosper in the future.
Troubled Belgium financial services giant linked with train crash payout
Belgium banking and insurance group Ethias is understood to be the lead liability insurer of the state owned railway company NMBS SNCB involved in Monday's tragic train accident.
Troubled Belgium financial services giant linked with train crash payout
Belgium banking and insurance group Ethias is understood to be the lead liability insurer of the state owned railway company NMBS SNCB involved in Monday's tragic train accident.
Ace raids RBSI for travel boss
Ace European Group has appointed Chris Price to its newly created role of regional director of travel for Europe, Middle East and Africa from RBS Insurance.
Ace raids RBSI for travel boss
Ace European Group has appointed Chris Price to its newly created role of regional director of travel for Europe, Middle East and Africa from RBS Insurance.
Rims “dismayed” at contingent commissions decision
The Risk and Management Society has expressed its dismay at the New York Insurance Department and Attorney General’s decision to allow brokers Aon, Willis and Marsh to accept contingent commissions.
Bluefin insurance business revenues drop 9% to £116m
However, parent Axa pleased with 90% retentiuon rate.
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
AIG to keep up to $500m of derivatives on balance sheet
AIG is to keep $500m of derivatives from its defunct AIG Financial Products unit, Reuters has reported.
Endurance reports net income rise
Endurance Specialty Holdings reported net income of $154.8m for the fourth quarter of 2009 versus net income of $16.9m for the fourth quarter of 2008.
Platinum Re will have a "challenging" 2010
This year will be a "challenging" one for Platinum Underwriters, the company's chief executive has said.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.