News
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Business insolvencies fall in November
The rate of business insolvencies fell form 0.09% to 0.07% last month, research from Experian has revealed.
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
XL names new global treasurer
XL Insurance has appointed corporate controller Simon Rich as senior vice president, global treasurer.
Allianz launches Your Cover on Moneysupermarket
Allianz Insurance has launched its new online only car insurance Your Cover on comparison site Moneysupermarket
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Santa's insurance bill reduced by £5m over two years claims broker Aon
Santa may be dusting off the sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to finish off all the presents to make sure every child across the globe gets a present.
Hannover Re sells $200m Clarendon
Reinsurer Hannover Re has sold US subsidiary Clarendon Insurance Group to Bermuda-based company Enstar for $200m (£129m).
Hannover Re sells $200m Clarendon
Reinsurer Hannover Re has sold US subsidiary Clarendon Insurance Group to Bermuda-based company Enstar for $200m (£129m).
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
XL issues roof collapse warning
Insurer XL has warned businesses to reconsider their adverse weather risk management plans as snow continues to wreak havoc across the UK.
Oval scoops broker prize
Oval has been named Insurance Broker of the Year by the Institute of Risk Management.
Tawa swoops for Oslo Re UK run-off business
Tawa has entered into a share purchase agreement to acquire 100% of the issued shares of Oslo Reinsurance Company (UK) from Oslo Reinsurance Company AS for a consideration of £4m.
Tawa swoops for Oslo Re UK run-off business
Tawa has entered into a share purchase agreement to acquire 100% of the issued shares of Oslo Reinsurance Company (UK) from Oslo Reinsurance Company AS for a consideration of £4m.
Giles CEO hails "industry leading margin" as earnings fall 13%
The Giles Group has reported that its turnover and EBITDA (excluding non recurring items) both decreased for the year ended 31 August 2010.
Brit appoints PI underwriter
Brit Insurance has named Mark Figes as class underwriter for its international professional indemnity division.
Conservative Party: no estimate exists for properties at risk of flooding
The Parliamentary Under Secretary of State (Natural Environment and Fisheries), Environment, Food and Rural Affairs has admitted that no figure exists as to how many properties are at risk if the insurance industry withdraws from the statement of…
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
MMC boss Duperreault acclaimed as Insurance Hall of Fame winner
The International Insurance Society has announced Brian Duperreault, president and CEO, Marsh & McLennan, USA, as the 2011 Insurance Hall of Fame winner.