News
Axa Corporate growth
Axa Corporate Solutions posted a 2.3% growth in 2009 turnover on a comparable basis, reaching E1.93bn (£1.75bn), while underlying earnings were up by 17% at E133m
Novae pre-tax profit fall
Novae Group has posted a 35% fall in adjusted pre-tax profit in 2009, hurt by aviation reinsurance and credit losses in the first half of the year.
Beazley Furlonge results
The board of managing agency Beazley Furlonge has announced its results for syndicate 623, which writes business on behalf of third party capital at Lloyd's.
LV to recruit another 75 staff
LV's new 24-hour call centre for motor insurance customers in Hudddersfield may be expanded to household during 2010. The insurer hopes to create up to 75 jobs over the next 18 months following the opening.
AMA and Nacho confirm merger
The Accident Management Association and the National Association of Credit Hire Operators this week confirmed their merger.
QBE shakes up European arm
QBE Europe has puts its asset protection book into run-off, following a restructure of its product underwriting and distribution model.
Total 100% liable
Insurers have moved closer to recovering an estimated £750m in claims from Total, stretching back to the Buncefield oil depot explosion.
ABI slams proposal for compulsory dog cover
The Association of British Insurers has slammed government proposals to introduce compulsory third-party dog insurance in the UK.
New Hastings branch
Hastings has opened its first branch in Bexhill-on Sea.
Merlin refinancing
Claims management company Merlin has announced the completion of its refinancing deal after it was approved by investors and financial stakeholders.
Top five Post stories
The top five most popular stories on postonline.co.uk over the last week were:
UK General confirms 20 jobs are at risk
UK General has confirmed that 20 jobs are potentially at risk as a result of the restructure of its branch network.
Secret Millionaire broker will continue support
Former Protectagroup chief executive Paul Ragan has vowed to continue his support for the people he helped while starring in the Channel 4 show Secret Millionaire that first aired on Monday.
Credit card compliance low
Only 11% of UK companies, including insurers, are certified as payment card industry compliant, according to new research by Tripwire.
Bell axed in restructuring
The Third Parties (Rights Against Insurers) Bill was referred to a second reading on 9 March in the House of Commons.
Third Parties Bill reading
The Third Parties (Rights Against Insurers) Bill was referred to a second reading on 9 March in the House of Commons.
Two new quote-and-buy
Towergate has launched two new online quote-and-buy facilities for brokers.
Allianz SME tie-up
Allianz has created a tie-up between its commercial and legal protection divisions to offer free advice to its small business policyholders.
Foil claims focus
The Forum of Insurance Lawyers is to turn its focus to the impact of claims on the public and private sector, against the backdrop of Lord David Young's review into health and safety legislation for the Conservative Party.
Allianz boss: Tesco-sized affinity deal possible
The general manager of Allianz Retail has hailed its latest affinity win with Volkswagen Insurance Service as a "milestone" for its fledgling corporate partners business, and a sign that it could do a deal of the size of Tesco Bank.
Aviva and Fortis-backed start-up targets 450 brokers in 2010
Aviva, Fortis and LV have thrown their weight behind a new broking support service aimed at rivalling long-standing offerings Countrywide from Open GI, and Keychoice from SSP.
Ambant appoints former FSA associate to head up new unit
Ambant has created a new business practice to help brokers and underwriters respond to scrutiny from the Financial Services Authority.
Law firm backs referral fees
Law firm Minster Law has spoken out in support of referral fees.
Post in print - 11 March issue
Post reporter Leigh Jackson outlines the major news stories from this week's issue of Post.