News
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Post webinar: smart-phones, real-time rating and cloud computing
Join Jim Sadler, director of application development and maintenance at Aviva, Patrick Molineux, head of market development and marketing at CSC and Post group editor in chief Ant Gould for this special Post webinar focused on the next generation of…
Lib Dems take swipe at rivals as it unveils plan to halt excessive City bonuses
The Liberal Democrats has launched a five-point plan to deal with the excesses of bankers bonuses, with a swipe at its major rivals.
Alec Finch names new Halifax boss
Alec Finch & Company has appointed Clive Oliver to head up its operations in Halifax. Mr Oliver joined Alec Finch in 2000 where he subsequently became client servicing manager to the Manchester operations.
UK General adds to board with new FD
Oliver Laird has been appointed finance director, UK General Insurance, with immediate effect.
Cooper Gay revenue grows 29%
Cooper Gay has reported its annual results for the financial year ending 31 December 2009.
Dutch insurance giant outlines new reporting style
Aegon has unveiled its new reporting format that it claims better aligns with the way it manages its businesses.
Principia Underwriting launches
Principia Underwriting launches today as the latest addition to the Aquila Underwriting group of businesses.
Dutch insurance giant outlines new reporting style
Aegon has unveiled its new reporting format that it claims better aligns with the way it manages its businesses.
Global takaful market set to surpass $8.8bn in 2010
Global takaful contributions grew 29% in 2008 to reach $5.3bn, with Saudi Arabia and Malaysia the biggest, according to Ernst & Young.
Quinn urges a reopening of UK business after High Court adjournment
The Quinn Group has welcomed the adjournment of the High Court hearing today which may have put its insurance business into full administration.
Quinn urges a reopening of UK business after High Court adjournment
The Quinn Group has welcomed the adjournment of the High Court hearing today which may have put its insurance business into full administration.
BMS poaches Guy Carpenter ILW specialist
BMS has appointed Stefano Nicolini, as senior vice president concentrating on industry loss warranty (ILW) business.
Quinn Insurance administration hearing delayed
The full hearing of the Financial Regulator's action to put Quinn Insurance into full administration has been postponed.
Ace extends environmental offering
Ace UK has launched an environmental protect policy offering coverage for both SMEs and multinational operations.
Beazley changes reporting currency
Lloyd's insurer Beazley is to change its reporting currency to US dollars for the 2010 financial year onward.
Kwik Fit bests company sales records
Kwik Fit Financial Services has announced record breaking single-day sales across all three of its group companies.
AIG unit unwinds CDS positions
AIG has unwound its remaining CDS swaps with Goldman Sachs according to newswire Reuters.
Equity seals Kia affinity deal
Kia Motors UK has appointed Equity Direct Broking to administer its car insurance scheme. The three-year deal will see Equity providing branded policies through Kia’s network of 150 UK dealerships.
New English fire safety rules put employee capabilities in spotlight
Marsh is recommending that organisations based in England review their health and safety procedures following the introduction of the Fire Safety (Employees’ Capabilities) (England) Regulations 2010 which came into force for England on 6 April.
Poland Central Bank governor in crash that killed Polish president
The governor of the Poland’s Central Bank is the latest major political figure to be found in the Polish plane crash that killed the country’s president in Russia this weekend.
Quinn Insurance administration hearing delayed
The full hearing of the Financial Regulator's action to put Quinn Insurance into full administration has been postponed.
Aviva boss admits its market share is too low
Aviva is seeking to expand in Turkey because its current business isn’t big enough, its local CEO has told Bloomberg.
Train crashes in Italy killing at least six
A train has derailed in northern Italy, killing at least six people and injuring 20 others, according to media reports.