News
Ageas records loss in quarter one
Ageas today reported a 20% increase in premium over the first quarter of 2010 to EUR 5bn when compared with Q1 2009.
Aviva signs three year deal with trade union
Aviva France has signed a three-year agreement on the employment of older people.
Lloyd's motor insurer KGM put up for sale by parent company
Lloyd's motor insurer KGM has been put up for sale by its parent Gibraltar-based Perseverance.
Generali sees GI profit reduced by 25.4% in Q1
Italian insurance giant has recorded a non-life combined ratio of 98% in quarter one 2010 (96.3% 1Q09; 99.5% 4Q09) after an increase in catastrophic events.
Ageas records loss in quarter one
Ageas today reported a 20% increase in premium over the first quarter of 2010 to EUR 5bn when compared with Q1 2009.
Aviva signs three year deal with trade union
Aviva France has signed a three-year agreement on the employment of older people.
Con-Libs: Bank of England regulatory plan to be brought forward
The coalition agreement announced today by the Conservatives and Liberal Democrats outlines plans to bring forward the objective of giving more power to the Bank of England. However, it makes no mention of the Financial Services Authority.
Allied World appoints new US claims head
Allied World US has announced that Mark Rosen, executive vice president & chief claims officer will retire in June. Julianne Splain, VP of professional and management liability claims has been promoted to senior VP and will assume responsibility for the…
PZU share prices soar on first day’s trading
The share prices in Polish insurer PZU rose 13% on their first day of trading in Warsaw, Bloomberg has reported.
PZU share prices soar on first day’s trading
The share prices in Polish insurer PZU rose 13% on their first day of trading in Warsaw, Bloomberg has reported.
Lib Dem set for climate change role in Cameron's cabinet
Liberal Democrat MP Chris Huhne is poised to become energy and climate change secretary, according to reports.
PartnerRe appoints new chairman
PartnerRe announced that following his re-election as a director, Jean-Paul Montupet has been named as chairman of its board. Mr Montupet replaces John Rollwagen, who was also re-elected as a director and will remain a member of the board.
Post in print - 13 May 2010
Post deputy editor Lynn Rouse provides a quick snapshot of the major news from tomorrow's issue of Post including KGM Motor up for sale, Marsh opens network arm, Quinn update, new adjusting venture and broker sets up captive.
Goldman nears deal for AXA's $1bn Taikang stake
An investing arm of Goldman Sachs is in the final stages of an agreement to buy AXA's $1.05bn stake in Chinese Taikang Life, according to newswire Reuters.
Cable to support Osborne in Treasury role
The Liberal Democrats deputy leader and Treasury spokesman Vince Cable has been given a business and banking position in the new coalition government headed up by new Prime Minister, Conservative leader David Cameron.
FSB welcomes Con-Lib pact plans on CGT and personal tax
Business leaders have welcomed the agreement between the Conservative and Liberal Democrat parties to form the next Government.
Towers Watson results hit by heavy merger costs
Net income falls $32m from the third quarter of 2009 due to transaction and integration costs from the merger.
Pru and AIG in talks on restructuring AIA sale
AIG and Prudential are in advanced talks to restructure the $35.5bn sale of AIA, the AIG’s Asian unit, in a move that would cut the cash consideration by about $2bn but could answer UK regulators’ last-minute objections to the deal according to the…
Libya plane crash losses to hit Catlin, broked by Aon
A Libyan Airbus crashed when trying to land at Tripoli airport early on Wednesday, killing 103 passengers and crew aboard.
FSB welcomes Con-Lib pact plans on CGT and personal tax
Business leaders have welcomed the agreement between the Conservative and Liberal Democrat parties to form the next Government.
AIG approves $380m bonuses in 2010
AIG has approved a plan to award executives $380m based on their performance according to newswire Bloomberg.
Samsung Life rises after record IPO
Samsung Life Insurance rose on its first day of trading in Seoul after raising $4.3bn in South Korea’s biggest initial public offering.
QBE to partner with rugby stars at this years Biba conference
QBE are joining with Guinness premiership players to welcome brokers to their rugby-themed stand at this years BIBA conference.
5 years ago: Licence issue for industry investigators
Loss adjusters and claims investigators may have to be licensed from next year, under the plans to regulate private investigators.