News
Fitch warns Austrian insurers of CEE exposures
The Austria's insurance sector is facing challenges relating to the industry's significant exposure to central and eastern Europe, according to a new report from Fitch Ratings.
Allianz names first ever retail fraud manager
Allianz has appointed Graham Knight to the newly created role of fraud manager for Allianz Retail.
Berkshire Hathaway insurance profits may fall – Barclays
Warren Buffett’s Berkshire Hathaway may post declining returns on equity through next year on reduced insurance earnings, said Jay Gelb, an analyst at Barclays.
Fairholme becomes biggest AIG investor after US government
Fairholme Capital Management has acquired about 15 million shares of AIG in a bet on a rebound of the bailed-out insurer.
Greenberg seeks to end civil fraud case
Former AIG chief exec Hank Greenberg has asked a judge to dismiss a civil fraud lawsuit brought by New York's attorney general, who is seeking to hold him personally liable for a sham reinsurance transaction.
Tories vow we will create "most competitive tax system in the G20"
The Conservative Party today outlined its ambition is to create the most competitive tax system in the G20 within five years.
Conservatives outline plans to stop Labour 'killing off' the recovery
The Conservative Party today reiterated its view that Labour’s plan for anyone earning over £20 000 to pay more tax - and employers more on all jobs paid over £5700 - will hit small businesses especially hard, and kill off the recovery.
LV GI division returns to profit
LV has announced a general insurance profit of £7m despite a wider group loss at the of more than £90m for 2009.
Fortis to liquidate sub-holding to focus on insurance
As a first step towards simplifying its structure, Fortis today said it plans to liquidate its sub-holding Fortis Brussels SA/NV.
Countrywide offering extended
Broker Network has launched a full membership proposition for Countrywide members called Countrywide Complete.
Labour pledges to help entrepreneurs and SMEs with manifesto
The Labour Party yesterday pledged to help support small businesses and recognize the need to promote entrepreneurs with the publication of its manifesto.
Nexus hires financial lines duo
Nexus Underwriting Management has hired two senior financial lines underwriters from Brit’s Lloyd’s Syndicate 2987.
Fortis to liquidate sub-holding to focus on insurance
As a first step towards simplifying its structure, Fortis today said it plans to liquidate its sub-holding Fortis Brussels SA/NV.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Capital Z raises Jelf stake closer to 30% threshold
Capital Z has moved closer to the threshold which would require it to make an offer for the entire shareholding of boker Jelf it was revealed this morning.
Munich Re reduces stake in Swiss insurer with €119m share sale
Munich Re has sold part of its stake in Swiss insurance group Helvetia Holdings, reducing its shareholding from approxoimately 8.2% to under 3%.
Post webinar: smart-phones, real-time rating and cloud computing
Join Jim Sadler, director of application development and maintenance at Aviva, Patrick Molineux, head of market development and marketing at CSC and Post group editor in chief Ant Gould for this special Post webinar focused on the next generation of…
Lib Dems take swipe at rivals as it unveils plan to halt excessive City bonuses
The Liberal Democrats has launched a five-point plan to deal with the excesses of bankers bonuses, with a swipe at its major rivals.
Alec Finch names new Halifax boss
Alec Finch & Company has appointed Clive Oliver to head up its operations in Halifax. Mr Oliver joined Alec Finch in 2000 where he subsequently became client servicing manager to the Manchester operations.
UK General adds to board with new FD
Oliver Laird has been appointed finance director, UK General Insurance, with immediate effect.
Cooper Gay revenue grows 29%
Cooper Gay has reported its annual results for the financial year ending 31 December 2009.
Dutch insurance giant outlines new reporting style
Aegon has unveiled its new reporting format that it claims better aligns with the way it manages its businesses.
Principia Underwriting launches
Principia Underwriting launches today as the latest addition to the Aquila Underwriting group of businesses.
Dutch insurance giant outlines new reporting style
Aegon has unveiled its new reporting format that it claims better aligns with the way it manages its businesses.