News
Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Fitch rates two Portuguese insurers
Fitch Ratings has placed Portuguese insurer Tranquilidade 'A-' insurer financial strength rating on Rating Watch Negative, and Millenniumbcp-Ageas's operating entities' 'A'.
Go Compare profits soar beyond £30m for 2010
Price comparison site Go Compare has reported a £30.1m pre-tax profit during the 2010 financial year (2009: £12.1m).
Ascot Underwriting records profit of £97.1m
Ascot Underwriting said its 2010 Lloyd’s results recorded a pre-tax profit of £97.1m and a combined ratio of 79.2%.
Greenwoods raids Clarke Willmott for insurance unit
Law firm Greenwood has acquired the insurance team of Southampton-based Clarke Willmott.
Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Fitch rates two Portuguese insurers
Fitch Ratings has placed Portuguese insurer Tranquilidade 'A-' insurer financial strength rating on Rating Watch Negative, and Millenniumbcp-Ageas's operating entities' 'A'.
Clarke poised to unveil Jackson plans
Justice secretary Ken Clarke will address parliament tomorrow outlining the government’s plans for the implementation of the Jackson report, Post has learnt.
Stronger regulation prompts Chartis rethink
Chartis has modified its policy for private equity and venture capital firms in order to greater deal with the “more robust” regulatory environment.
Eccesiastical to join Home & Legacy household panel
Mid and high net worth insurance specialist, Home & Legacy, has announced that Ecclesiastical is set to join the company’s household insurance panel.
Pitmans adds to defendant insurance team
Law firm Pitmans has appointed solicitors Joanne Eden, Stacey Marsh and William Meek to its defendant insurance division.
Giles confirms Rossborough Southampton integration
Giles Insurance Brokers has integrated the operations of Rossborough’s Southampton branch.
Customers need more clarity over online insurance products
Ernst & Young and the Chartered Insurance Institute have released a research report into the UK retail motor insurance market.
Liberty grows Brazilian operations
Lloyd’s underwriter Liberty Syndicates has moved to a new office in Sao Paulo.
International legal group rebrands
The Benefit Insurance Lawyers Group has changed its name to Insuralex.
International legal group rebrands
The Benefit Insurance Lawyers Group has changed its name to Insuralex.
AIR revises Japan estimate to $30bn
Catastrophe modelling firm AIR Worldwide has lowered its insured loss estimate for the Japanese earthquake from up to $35m (£21.7bn) to $30m.
Quake certain to impact vehicle replacement parts in UK
WNS Assistance has warned clients of the potential impact of the recent devastating earthquake and tsunami in Japan, on the availability of parts for the repair of Japanese manufactured vehicles.
DDC unveils new service
DDC Outsourcing Solutions has unveiled a new combined lead generation and sales service.
CII honours David Slade
Perkins Slade founder and non-executive chairman David Slade, has been made an honorary fellow of the Chartered Insurance Institute.
Quake hits Myanmar and Thailand
A shallow 6.8 moment magnitude earthquake has occurred in Myanmar, near the border with Thailand.
Exclusive piracy and technology content now available
Insurance Insight’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.