News
Axa announces profit growth
Axa Assistance has announced a 5.2% growth in income from 2009 and an increase in net profit of £6.6m.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.
Zurich adds referral fee clause
Zurich has added a clause to its terms of business arrangement that requires all personal lines brokers to reveal details of referral fee income involving its customers.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.
Law firms anticipate rise in risk management costs
More than 85% of law firms expect the cost of risk management to rise, according to a survey by Travelers.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
MMA plots commercial lines expansion
MMA Insurance has announced a string of nationwide appointments and promotions within its commercial underwriting team.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
Volkswagen launches accident management product
Volkswagen Insurance Service, the insurance arm of Volkswagen Financial Services, has launched an accident management product.
RSA relaunches into legal indemnity market
RSA has linked with specialist broker Litigation Protection to offer more indemnity products for solicitors and licensed conveyancers and says it wants to become the dominant insurer in the market.
China’s insurance market continue to grow
Chinese insurance companies' premium income topped 805.66 billion yuan (US$123.95bn) in the first half of the year, up 13% year on year, the China Insurance Regulatory Commission said.
Cunningham Lindsey appoints non executive director
Cunningham Lindsey UK has appointed Gerry Loughney as non executive director.
Axa recruitment signals "core market growth"
Axa Assistance UK today announced the appointment of Kelly Ward as sales and marketing director with a view to accelerating growth in the motor, property, health and legal assistance sectors.
Solvency II: Defining a practical implementation strategy
If you missed the recent live webinar in conjunction with Sas debating Solvency II and practical implementation strategies - it is now available for viewing on-demand.
Exclusive Fleet and accident content live
Insurance Insight’s weekly update is now live.
Exclusive Fleet and accident content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how implementing a collision free culture can help fleet safety; as well as a View from the Top on how accident cover in Spain has been hit by the financial crisis.
Guernsey removed from US ‘blacklist’
Guernsey’s engagement with Washington has resulted in Democrat Senator Carl Levin removing the island from his ‘blacklist’.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Brit Insurance forms dedicated property investors team
Brit Insurance has announced the formation a specialist team dedicated to offering insurance to property investors as part of its UK business unit.
Royal London in talks to acquire CFS’ life and asset management businesses
Mutual life and pensions company Royal London, has announced that it has entered into exclusive talks with Co-operative Financial Services to acquire its life assurance and asset management businesses, representing around two million policyholders and …
Survey reveals limited remote working capability in insurance
A survey by Hyland Software of insurance professionals across the UK, Europe and Asia has found that 37% of respondents changed their business model and diversified into new sectors including increased product and service lines during the economic…