News
Aviva sees "potential signs" of return to UK GI growth
Aviva today said it is "seeing signs of a return to volume growth" in its UK general insurance book.
Logica strikes deal with IT-Freedom
Logica, a business and technology service company, is to enter a partnership with general insurance software provider, IT-Freedom.
PM Brown announces he will stand down
Gordon Brown has announced that he intends to stand down as Prime Minister and leader of the Labour Party by the time of the Labour Party Conference in the Autumn.
RBSI to axe 2000 roles to "regain competitive edge," claims insurance CEO
Royal Bank of Scotland Insurance has revealed a proposal to cut 2000 jobs.
Mondial reports €56m profit for 2009
Mondial Assistance has reported €1.673bn turnover in 2009 (+4.8% or +5.4% at a constant exchange rate) and a return of €56m. Its combined ratio was 95.9 %.
Mondial reports €56m profit for 2009
Mondial Assistance has reported €1.673bn turnover in 2009 (+4.8% or +5.4% at a constant exchange rate) and a return of €56m. Its combined ratio was 95.9 %.
Octagon enters van insurance market
Octagon Insurance has launched a van policy that will be sold via the price comparison site Go Compare.
RSA extends customer repair services
RSA Motor Operations has extended its customer repair network to include a range of specialist commercial vehicles.
Prudential takeover of AIA given go ahead by FSA
Prudential saved its takeover of AIG’s main Asian unit after reaching an agreement with the UK regulator, the Sunday Times has reported.
BMS expands into Latin America
BMS has appointed former Lockton employee Amador Torrealba as a producer, and announced an exclusive agency with JAO & Partners Corredores de Reaseguros S.A, in Peru.
Heath wins contract with BSS Group
Heath Lambert has won the contract to provide all general insurance cover for industrial and domestic services specialist BSS Group.
Allianz wins RK Harrison tender
Allianz has won a five-year contract with RK Harrison Insurance Services to underwrite its print protect and engineering protect accounts.
Medical specialist adds two more syndicates
The Medical Professional Liability Company has added two more Lloyd's syndicates to its medical professional liability underwriting facility.
Berkshire Hathaway Q1 insurance premiums dip
Berkshire Hathaway’s insurance division premiums fell 9.3% to $7.43bn in the first quarter, accounting for about 23% of total group revenue.
IIB relaunches member legal advice line
The Institute of Insurance Brokers has re-launched its 24/7 legal advice line for members.
Claims firm chair confident as losses ease
The board of Resources in Insurance Group has today reported a 54% reduction in like-for-like first quarter trading losses.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Quinn administrators pushing for UK commercial return
The administrators for Quinn Insurance are applying to the Financial Regulator this week to re-open some commercial lines of business in the UK, according to reports.
Business leaders call for swift election outcome
The Confederation of British Industry and the Federation of Small Businesses have called for a speedy resolution to the hung parliament.
Cunningham Lindsey sets up global power group
The loss adjuster announces formation of global initiative to handle major operation loss involving a variety of power related risks.
Allied World Q1 profits rise
Allied World saw its profits rise by over $2m during the first quarter of 2010 despite continued competition on pricing and catastrophe losses.
AIG reports net income of $1.5bn
AIG has reported net income of $1.5bn for the first quarter of 2010, or $2.16 per diluted common share, compared to a net loss of $4.4bn in the first quarter of 2009.
Andrew Dismore ousted by 106 votes
Labour’s Andrew Dismore has lost his Hendon seat to the Conservative Party candidate, Matthew Offord, by 106 votes following a recount.
Industry puzzled by EC Block Exemption changes
A seminar held at law firm Clyde and Co found that many insurers and brokers are unclear about what constitutes anti-competitive behaviour, following the recent changes to the EC’s Insurance Block Exemption Regulation, according to attendees at a seminar…