News
Aviva makes charity donation on rebrand anniversary
Aviva has marked the first anniversary of its rebrand by pledging to donate 1% of its average daily broker generated premium for the month to the Aviva Street to School campaign.
Profits dip for Allianz in growth European markets
Allianz in Central and Eastern Europe saw total premiums grow by 8 percent in the first quarter of 2010, reaching Euros 1.1 bn. Operating profit in the first quarter of 2010 amounted to Euros 66m, compared to Euros 78m euros in the same period of 2009.
UK General appoints non-executive director
The Leeds-based specialist general insurer, has announced that Malachy Smith is to join the board of UK General as a non-executive director.
Axa extends deal deadline
Axa Asia Pacific Holdings and National Australia Bank have today agreed to extend until 15 July an agreement relating to the conclusion of a proposed transaction between the parties.
Profits dip for Allianz in growth European markets
Allianz in Central and Eastern Europe saw total premiums grow by 8 percent in the first quarter of 2010, reaching Euros 1.1 bn. Operating profit in the first quarter of 2010 amounted to Euros 66m, compared to Euros 78m euros in the same period of 2009.
Axa extends deal deadline
Axa Asia Pacific Holdings and National Australia Bank have today agreed to extend until 15 July an agreement relating to the conclusion of a proposed transaction between the parties.
CCV broker plans to double in size in three years
Alker Brothers, a Wigan insurance broker and part of independent insurance intermediary Cullum Capital Ventures, has rebranded as part of its objective to double in size in three years.
HDI-Gerling in regional shake-up
HDI-Gerling is to form two new business divisions, major and global risks and UK corporate, together with the creation of a new regional structure.
Disaster recovery firm seeks £7m turnover following Aberdeen move
Scottish disaster recovery firm FFDR has appointed Kenny King to head its Aberdeen operation.
Capita swoops for £60m Premier Medical
The Capita Group has acquired Premier Medical Group for a cash consideration of £60m on a cash-free, debt-free basis.
Northern Counties makes non-executive appointment
Mark Wood, managing director of UKGI has joined Northern Counties Insurance Brokers in a non-executive advisory capacity.
Aspen recruits ex-AIG manager to head new operattion
Aspen Insurance Holdings has appointed Heinz Eggenberger as general manager of Aspen’s new Switzerland based-general insurance business.
Aspen recruits ex-AIG manager to head new operattion
Aspen Insurance Holdings has appointed Heinz Eggenberger as general manager of Aspen’s new Switzerland based-general insurance business.
Quinn told to enforce 3000% rate hikes to secure UK commercial re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
Acquisitive broker makes another four buys
Acquisitive Invicta Insurance Services has added four more buys to its portfolio.
Quinn told to enforce 3000% rate hikes to secure UK commercial re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
BMS revenues rise 10% in 2009
Reinsurance broker BMS has reported an underlying profit of £9.2m in 2009.
Congregational appoints new claims head
Congregational & General is to appoint Andrew Morgan as claims manager, working across home and church divisions of the organisation.
Ace strikes global deal
Ace has appointed Cega Group Services to support its corporate travel insurance policyholders with the provision of emergency medical assistance.
Lorega CEO Sims quits over "difference of opinion" about direction
Loss recovery insurance specialist Lorega has announced today that John Sims has resigned with immediate effect.
Aviva launches thermal imaging fire risk scheme
Insurance giant Aviva has launched a new thermal imaging initiative aimed at cutting the risk of machinery fires.
Sampo denies Quinn rumours
Sampo has denied rumours it is in talks over purchasing troubled Irish insurer Quinn in the Finnish press.
Lib-Con targeted FSA to recruit 460 more staff
The Financial Services Authority has confirmed that its annual funding requirement for 2010/11 is £454.7m following a consultation.
FSA extends PPI complaint time
The Financial Services Authority has introduced a temporary rule to allow payment protection insurance policyholders more time to refer complaints to the Financial Ombudsman Service.