News
Editor's comment: Is Aviva now fitter?
For months there has been speculation about how much business Aviva had shed in its efforts to bolster its profitability. The answer — as highlighted in its 2009 full year accounts out this week — was quite a lot, as it reported net written premiums in…
Brit appoints Sydney MD
Brit Insurance has appointed Mike Davidson as managing director for Sydney following the establishment of its own Australian office replacing its previous third party arrangement.
Munich Re boss confident of €2bn profit in 2010 despite early losses
Gross premiums written rose by 9.5% to €41.4bn (€37.8bn). But if exchange rates had remained the same, premium volume would have increased by 9.9% compared with the previous year.
Munich Re boss confident of €2bn profit in 2010 despite early losses
Gross premiums written rose by 9.5% to €41.4bn (€37.8bn). But if exchange rates had remained the same, premium volume would have increased by 9.9% compared with the previous year.
Reed: Job-seekers outpace employer demand
The number of job seekers climbed at a faster rate than new jobs in the market, research by employment agency Reed has revealed.
Swiss Re gives quake and Xynthia loss estimates
Reinsurer claims losses for the European winter storm to be approximately $100m.
Swiss Re gives quake and Xynthia loss estimates
Reinsurer claims losses for the European winter storm to be approximately $100m.
Fortis international GI arm COR worsens to 107.8% in 2009
The group recorded an overall net profit EUR 456m, although its non life business net profit of EUR 74m, was negatively impacted by higher claims in Belgium and the UK.
Fortis international GI arm COR worsens to 107.8% in 2009
The group recorded an overall net profit EUR 456m, although its non life business net profit of EUR 74m, was negatively impacted by higher claims in Belgium and the UK.
Fortis Insurance to be rebranded "Ageas"
In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the…
Fortis Insurance to be rebranded "Ageas"
In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the…
Merlin completes refinancing deal
Claims management company Merlin has announced the completion of its refinancing deal after it was approved by investors and financial stakeholders.
FSA disappointed with industry criticism of PPI reforms
The Financial Services Authority has published feedback to its plans to reform the Payment Protection Insurance (PPI) market and announced a further six week consultation on its revised package of measures.
CED International acquires Interiura
CED International has swooped for international claims handling network Interiura, from parent company Arag.
CED International acquires Interiura
CED International has swooped for international claims handling network Interiura, from parent company Arag.
Glacier reports $34m growth in net income
Glacier has reported net income for 2009 up to $60m and a total gross written premium decline pf 17% from 2008.
Glacier reports $34m growth in net income
Glacier has reported net income for 2009 up to $60m and a total gross written premium decline pf 17% from 2008.
Towergate unveils two new quote and buy facilities
Broker to target musicians, entertainers and sole traders with launches.
Landau Manson rebranded following acquisition
Risk management company Landau Manson will trade under the James Hallam name after it was acquired by Alan Turner.
Broker Network adds to new start up numbers
Preston-based broker Fulwood Insurance Services has signed up to Broker Network’s new start-up proposition launched last month.
Crawford signs Aldermanbury Declaration
Crawford & Company has signed-up to the Aldermanbury Declaration, a new industry-wide intiative designed to promote the professionalism agenda.
PartnerRe Chile quake claims could reach $320m
PartnerRe has said it expects initial claims worth $220m-$320m, on a pretax basis, related to the recent devastating earthquake in Chile.
PYV launches investment fund division
Lloyd’s professional indemnity insurance broker launches business unit to offer bespoke insurance products and services for traditional and alternative funds.
Obama launches fresh attack on health insurers
President Barack Obama launched a fresh attack on health insurers in a speech on Monday and called on fellow Democrats to rise above politics and pass a healthcare overhaul in the next few weeks.