News
Delta Lloyd does not forsee German sale
Delta Lloyd Germany realised €579m in life gross written premium in 2009, almost 16% of Delta Lloyd Groups' total life GWP of €3642m.
Taiwanese earthquake to cost around $1bn, says Eqecat
An earthquake that hit Taiwan earlier this week has caused economic damage of around $1bn, risk modelling firm Eqecat has said.
Adrian Flux commercial vehicle line goes live
Transactor Global Solutions open market commercial vehicle quotation system has been implemented by Adrian Flux Group, to run alongside its existing motorcycle and private car lines of business.
Power Place appoints regional heads
Power Place has restructured its 36-strong field based sales and consultant team into three distinct regions, each to be managed by three newly appointed senior regional managers.
Hardy records 78.1% combined ratio
Hardy Underwriting Bermuda has reported profit before tax and foreign exchange movements of £26.7m (2008: £4.4m).
Phil Angus to lead Marsh’s Northern financial and professional business
Marsh has appointed Phil Angus to the newly created role of leader of its financial and professional national business for the Northern region.
Construct a Quote warns businesses on EL plans
Business insurance comparison site Construct a Quote has warned UK businesses that proposals to introduce an Employers Liability Insurance Bureau will not excuse of them of their obligations to staff.
Aviva health specialist lands UKRC role
Aviva UK Health clinical development manager Mark Sharpe has been elected as the sole private medical insurance representative on the board of the UK Rehabilitation Council.
AMA and Nacho confirm merger plan
The executive committees of the Accident Management Association and the National Association of Credit Hire Operators have agreed proposals to merge and have recommended acceptance to their respective memberships.
Allianz: Greece no danger to the EMU
In an international comparison, Allianz continued, the EMU as a whole fares relatively well with a debt ratio of 78.2 percent of gross domestic product. Japan's debt ratio of around 190 percent is substantially higher and the USA, with 83.1 percent of…
Allianz: Greece no danger to the EMU
In an international comparison, Allianz continued, the EMU as a whole fares relatively well with a debt ratio of 78.2 percent of gross domestic product. Japan's debt ratio of around 190 percent is substantially higher and the USA, with 83.1 percent of…
Alterra names new executives
Alterra, the new name for the newly-combined entities of Bermudian reinsurance rivals Harbor Point and Max Capital, has named its executives.
Alterra names new executives
Alterra, the new name for the newly-combined entities of Bermudian reinsurance rivals Harbor Point and Max Capital, has named its executives.
Thornside and Argos to partner in Ireland
Thornside, the pet insurance division of Capita Insurance Distribution, is to work with Home Retail Group to provide and administer its new pet insurance programme in Ireland.
Thornside and Argos to partner in Ireland
Thornside, the pet insurance division of Capita Insurance Distribution, is to work with Home Retail Group to provide and administer its new pet insurance programme in Ireland.
UK General announces restructure of its branch network
UK General has unveiled the latest stage of its strategy for the SME commercial market, confirming Fortis as capacity provider for SME business and rural.
CFC appoints new finance director
The specialist lines underwriting agency has announced the appointment of Michael Grist as finance director.
Delta Lloyd sees new premiums drop
Gross written premiums amounted to € 1423m (2008: € 1378m), an increase of 3%. The segment's operational result after tax and non-controlling interests fell to €88m (2008: €112m).
Delta Lloyd sees new premiums drop
Gross written premiums amounted to € 1423m (2008: € 1378m), an increase of 3%. The segment's operational result after tax and non-controlling interests fell to €88m (2008: €112m).
Novae profit declines
Pre-tax profits for 2009 at the (re)insurance group fell £9.6m due to first half losses but gross written premiums rose 10%
RSA warns manufacturers over rising order risks
Insurer RSA has warned manufacturers of the risk of a sudden surge in large and untypical orders as the sector’s fortunes improve.
Aviva UK GI book shrinks by over £1.1bn in 2009
Aviva UK's general insurance operating result fell to £520m (2008: £642m) in 2009. Its combined operating ratio remained static at 99%.
Aviva UK GI book shrinks by over £1.1bn in 2009
Aviva UK's general insurance operating result fell to £520m (2008: £642m) in 2009. Its combined operating ratio remained static at 99%.
Max ratings won't be affected by Harbor Point merger, say Fitch
Max Capital's announcement that it is merging with Bermudian rival Harbor Point is unlikely to affect its ratings, Fitch has said.