News
Reinsurers had profitable 2009 claims broker Cooper Gay
Reinsurers benefit in 2009 from recovering investment returns and absence of major catastrophes although 2010 could be more challenging with above average hurricane season expected according to a Cooper Gay report.
Higos launches new PPI product for property tenants
Higos Insurance is offering a payment protection plan to tenants concerned about meeting their rental payments in the event of unemployment or sickness.
Gulf Insurance Group restructures reinsurance
The Gulf Insurance Group has restructured its reinsurance programme, broked through Guy Carpenter.
Axa launches direct motor policy
Axa has re-entered the direct car insurance market with the launch of a product aimed at experienced drivers who have fewer accidents, more years driving and fewer convictions.
LV extends software deal
IT services company Atos Origin has signed a four-year contract extension with LV, which will see it continue to support LV's policy administration and renewals as well as online applications.
Lancashire appoints energy chairman
Lancashire Holdings has appointed Len Messenger as chairman of energy for its UK operating subsidiary, Lancashire Insurance Company.
Two step down at Aviva subsidiary
Delta Lloyd on the look out for two new members of its supervisory board.Philip Scott and M H M (Marcel) Smits have resigned their membership of the supervisory board of Delta Lloyd on account of changes in their principal occupation.
Two step down at Aviva subsidiary
Delta Lloyd on the look out for two new members of its supervisory board.Philip Scott and M H M (Marcel) Smits have resigned their membership of the supervisory board of Delta Lloyd on account of changes in their principal occupation.
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Zurich backs ILO facility
CEO Martin Senn said donation wwas critical to long-term business plan.
Zurich backs ILO facility
CEO Martin Senn said donation wwas critical to long-term business plan.
MMA parent reveals earned premiums of €13 bn in 2009
Covéa added its solvency margin, including unrealised capital gains, exceeded regulatory requirements by over three and a half times.
MMA parent reveals earned premiums of €13 bn in 2009
Covéa added its solvency margin, including unrealised capital gains, exceeded regulatory requirements by over three and a half times.
Seven insurers win £300 000 'crash for cash' damages
A consortium of seven UK motor insurers is awarded £300 000 in damages from 57 members of a 'crash for cash' fraud ring following a landmark civil case.
Scottish Lion decision "not the end"
Today’s decision by the Inner Court of Session, which found in favour of Scottish Lion, is by no means the end of the matter, according to law firm Elborne Mitchell.
Fitch remains supportive of Bermudian reinsurers just before results season
Ratings agency Fitch remaind supportive of Bermudian (re)insurers before the insurance results season starts in February.
Zurich raids Allianz for marine underwriters
Zurich has appointed Rod O’Malley and John Gibson from Allianz as senior market underwriters in its marine cargo team.
Analysts estimate Allianz, Fortis, and Munich Re have large exposures to Greece
Analysts at JP Morgan estimate that Allianz Fortis and Munich Re have a large amount of bond exposure to Greece.
Analysts estimate Allianz, Fortis, and Munich Re have large exposures to Greece
Analysts at JP Morgan estimate that Allianz Fortis and Munich Re have a large amount of bond exposure to Greece.
Scottish Lion ruling overturned
PwC partner Dan Schwarzmann "delighted" by outcome as the Scottish Lion ruling is overturned.
Chubb makes healthy profits for fourth quarter and 2009
Chubb reported net income increases in the fourth quarter and year in general.
FSA to publish insurer complaint figures in August
The Financial Services Authority has today confirmed that it will require firms to publish information on how they handle complaints, to help people see how firms are performing in this important area and to drive up complaints handling standards across…
FSCS appoints new chief executive
The Financial Services Compensation Scheme has appointed Mark Neale as its new chief executive