News
Delta Lloyd Group H1 2010 results show profit of €1069m
The Dutch financial services group, which has lines in banking, life insurance, general insurance, health insurance and mortgages across its portfolio, has reported a strong first half profit for H1 2010.
Swiss Re reports Q2 2010 profit following previous year's loss
Swiss Re recorded net income of $812m for the second quarter of 2010 despite what it described as "challenging market environment".
Co-op selects SSP’s Insure
The Co-operative Insurance has contracted with SSP to deploy its Insure suite of components.
Autofocus snapped up days after going into administration
SG Consultancy has today announced the purchase of spot hire rate evidence providers Autofocus, following the company entering into administration.
Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
Novae H1 2010 results reveal 50% bounce in investment returns
Novae Group's interim results have been boosted by strong investment returns.
Zurich appoints chief administrative officer
Zurich has announced the appointment of Christian Orator as chief administrative officer and member of the group executive committee.
Lancashire shrinks property book by 35.4% in Q2 2010 results
Lancashire Holdings this morning reported a fall in gross written premium, net written premium and net operating profit to $232.1m in the first half of 2010 to $232.1m (H1 2009: $241.9m), $218m (H1 2009: $238.7m) and $77.8m (H1 2009: $103.3m)…
Howden appoints legal panel
Howden has created a panel of law firms to provide a range of legal services to its surveying clients.
Hardy profit nosedives in first half results
Hardy Underwriting Bermuda's profit before tax has fallen to £0.8m (H1 2009: £7.8m) after it was hit by a string of catastrophic events.
Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
JLT head hails satellite "coup" in contract win with Marsh
JLT Aerospace has been appointed by ARABSAT to develop a bespoke insurance programme for a multi-satellite launch programme in conjunction with Marsh.
Novae H1 2010 results reveal 50% bounce in investment returns
Novae Group's interim results have been boosted by strong investment returns.
Former Broker Network head joins rival Cobra
Richard Croucher, former head of marketing at Broker Network, has joined Cobra as group marketing manager.
Aviva results: UK GI business profit improved 24% to £197m in H1 2010
Aviva has seen its UK general insurance and health underwriting results and operating profits go backwards in the first six months of 2010 to £56m (H1 2009: £63m) and £269m (H1 2009: £282m) respectively.
RSA results reveal 9% NWP growth for H1 2010
Insurer RSA’s UK net written premiums increased by 9% year on year to £1.46bn in the first half of 2010 (H1 2009: £1.34bn) according to its latest financial results.
Zurich appoints chief administrative officer
Zurich has announced the appointment of Christian Orator as chief administrative officer and member of the group executive committee.
Hardy profit nosedives in first half results
Hardy Underwriting Bermuda's profit before tax has fallen to £0.8m (H1 2009: £7.8m) after it was hit by a string of catastrophic events.
JLT head hails satellite "coup" in contract win with Marsh
JLT Aerospace has been appointed by ARABSAT to develop a bespoke insurance programme for a multi-satellite launch programme in conjunction with Marsh.
Aviva results: UK GI business profit improved 24% to £197m in H1 2010
Aviva has seen its UK general insurance and health underwriting results and operating profits go backwards in the first six months of 2010 to £56m (H1 2009: £63m) and £269m (H1 2009: £282m) respectively.
RSA results reveal 9% NWP growth for H1 2010
Insurer RSA’s UK net written premiums increased by 9% year on year to £1.46bn in the first half of 2010 (H1 2009: £1.34bn) according to its latest financial results.
Aggregator spend to shift to emerging markets
The success of price comparison sites in the motor insurance market will be replicated in other personal lines, key aggregators have claimed.
Fire claims costs reduced
Insurers have paid out £566m for damage caused by fire in the second half of 2009, statistics from the Association of British Insurers have revealed.
Power market shows softening environment
According to the latest Power Market Review from Willis, insurance rates in the power sector are expected to soften further in 2010, despite the existence of many of the conditions that would normally presage a hardening market.