News
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.
Xchanging nabs two in Capita reunion
Xchanging today announved two new additions to the senior management team for Xchanging Broking Services, Xchanging Insurance Services (XIS) and Xchanging Claims Services.
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.
Willis appoints new MD to global placement unit
Willis Group Holdings has appointed former Marsh broker Alastair Burns as managing director of its Insurance Facilities Practice.
Allianz sees Eastern European GI profits fall 54% in H1
Allianz in Central and Eastern Europe today reported total premiums increased by 5 percent to €2bn, from €1.9bn in the first half of 2009.
Former RSA CEO Mendelsohn returns with Lloyd's player
The Navigators Group has appointed former RSA group CEO Robert Mendelsohn to its board of directors.
Allianz sees Eastern European GI profits fall 54% in H1
Allianz in Central and Eastern Europe today reported total premiums increased by 5 percent to €2bn, from €1.9bn in the first half of 2009.
Online specialist targets Northern Ireland EL and PL markets
Constructaquote, the online business insurance site, has expanded its tradesman and small business liability product into Northern Ireland.