News
RSA still "open" to Aviva talks claiming its £5bn offer is "fair value"
RSA has said it "remains open to discussions" with Aviva, despite the group's rebuttal of its £5bn offer.
Omega warns of $35m expected loss
Omega expects to report a loss before tax of approximately $35m for the first half of 2010.
Eldon selects RDT’s Landscape solution
Eldon Insurance Services has selected Landscape, an administration solution from RDT, to drive process efficiency at the company following a review of its core business process.
Policyfast beats new agency targets
Online wholesaler Policyfast has opened its 1000th agency beating its target of the end of the year by more than four months.
S&P affirms AA rating for Allianz
Standard & Poor’s has affirmed the stand-alone AA (stable) financial strength rating on 12 August for Allianz Global Corporate & Specialty, the industrial arm of the Allianz Group.
CBG to restate 2009 half year results due to premium finance issue
Broking group CBG this morning admitted it will have to restate the half year results for the six month period ended 30 June 2009.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.
Aviva took days to reject RSA's "unacceptable" £5bn GI business offer
Aviva took ten days from receiving a £5bn offer from RSA to rejecting it, the insurance group admitted today.
S&P affirms AA rating for Allianz
Standard & Poor’s has affirmed the stand-alone AA (stable) financial strength rating on 12 August for Allianz Global Corporate & Specialty, the industrial arm of the Allianz Group.
RSA shareholders want to hear "convincing arguement" for Aviva GI swoop
RSA is widely reported to have lined up BNP Paribas, Deutsche Bank and HSBC to underwrite a £5bn rights issue to fund its proposed takeover of Aviva's UK, Irish and Canadian general insurance businesses.
Aviva shareholders annoyed by RSA rebuttal as "everything" has a price
Both Standard Life and Royal London Asset Management are reported to be annoyed that Aviva's management rejected RSA's £5bn offer for the business without consulting shareholders.
Aviva took days to reject RSA's "unacceptable" £5bn GI business offer
Aviva took ten days from receiving a £5bn offer from RSA to rejecting it, the insurance group admitted today.
Exclusive compliance content now available on Post Europe
In our latest article Aia Software’s Mike Davies tackles the tricky issue of document compliance for European insurers operating across multiple territories and languages.
Spanish companies lack environmental risk awareness
Spanish business have a significant lack of awareness of environmental legislation and risks, and a lack of knowledge about the insurance protection available to them according to recent research.
Allianz sees local GI premiums shrink by 3% in H1 2010
In the first half of 2010, Allianz Deutschland AG increased revenues 6 percent, to €15.2 bn (H1 2009: €14.3 bn).
Exclusive compliance content now available
In our latest article Aia Software’s Mike Davies tackles the tricky issue of document compliance for European insurers operating across multiple territories and languages.
Spanish companies lack environmental risk awareness
Spanish business have a significant lack of awareness of environmental legislation and risks, and a lack of knowledge about the insurance protection available to them according to recent research.
Allianz offers aviation cover
Allianz Commercial has teamed up with fellow Allianz SE Group member, Allianz Global Corporate & Specialty to provide an aviation products liability solution for commercial customers.
Allianz sees local GI premiums shrink by 3% in H1 2010
In the first half of 2010, Allianz Deutschland AG increased revenues 6 percent, to €15.2 bn (H1 2009: €14.3 bn).
Aviva shares up on RSA bid speculation
Aviva shares gained 16.10 pence (4.3%) in the first two and a half hours of trading this morning.
RSA snubbed in £5bn move for Aviva GI business claims report
RSA has made a £5bn approach to acquire Aviva's UK and selected international general insurance businesses, according to reports.
Marsh and Mercer to consolidate Manchester operations
Marsh and Mercer have signed a 10-year lease to occupy office space in Belvedere House, a new city centre development in Booth Street
Lockton issues fiscal report
Lockton generated $774m (£495m) in fiscal 2010 revenue, representing a 5% organic growth rate.