Ageas
Barry Smith steps up to Ageas group role as Watson becomes new UK CEO
Ageas UK CEO Barry Smith has been promoted to a new Ageas group role of chief operating officer.
Insurance industry slams Dispatches allegations
The insurance industry has defended itself against accusations made by Channel 4's Dispatches programme last night that insurers "maximise profit at the expense of doing what's best for the consumer".
General insurance review of the year: It never rains, but it pours
Flooding, and the ongoing struggle to replace the Statement of Principles, has been at the forefront of a range of difficulties faced by the general insurance market in 2012. Will 2013 bring a silver lining?
Ageas acquisition boosts Groupama Insurances rating
Standard & Poor's has raised Ageas' financial strength rating to 'BBB' with a 'stable outlook', having reviewed the insurer's financial and business risk profiles.
S&P affirms Groupama SA rating following UK sale
Standard & Poor's has affirmed its BB- long-term counterparty credit and insurer financial strength ratings on French insurer Groupama SA and its guaranteed subsidiaries.
Vauxhall, Ageas and Ingenie enter into telematics insurance deal
Vauxhall Motors has signed a telematics car insurance deal with Ageas and Ingenie, offering cover for 17 to 25 year-olds when they purchase a car from a Vauxhall dealership.
Bollington MBO could be completed within weeks
A management buyout at Macclesfield-based Bollington could be finalised within weeks, despite speculation that a decision on the Groupama-owned broker's future is on the back burner.
More insurance jobs to be cut as major players wrestle with economic climate
Aviva and Direct Line Group will not be alone in making job cuts over the next 12 months as other insurers look to streamline their businesses, market observers have warned.
Groupama Insurances launches software house integration
Ageas subsidiary Groupama Insurances has launched its first e-traded product on Open GI, Acturis and Insurecom.
Broker sales on back-burner
The sale of Groupama-owned brokers Bollington and Carole Nash are said to be on the back-burner while the dust settles on Ageas’ acquisition of the UK insurance arm.
Ageas, Allianz and Axa work together on Biba risk transfer plan
Three of the largest insurers are collaborating with the British Insurance Brokers' Association on a plan to mitigate the "administrative nightmare"” proposed by the Financial Services Authority on risk transfer and client money.
QBE replaces Ageas as commercial capacity provider to UK General
QBE has been appointed sole carrier for UK General's commercial insurance programme and its agricultural specialist business Rural Insurance.
Ageas completes £116m acquisition of Groupama Insurances
Ageas has completed its acquisition of Groupama Insurances – less than three months after it revealed the £116m deal.
Post magazine - 8 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Ageas to build broker brands as Groupama name phased out in UK
The Groupama Insurances brand is to be phased out of the UK marketplace following completion of the insurer's sale to Ageas UK.
Groupama takeover to add extra boost to 'record' Ageas profits
Ageas chief executive Barry Smith is confident that the addition of Groupama insurance activities will add further clout to performance, following nine months in which the firm's profit before tax and minority interests rose by 36.4%.
Post acclaimed as the insurer trade publication of choice
Post won Financial Trade Publication of the Year at the 2012 Association of British Insurers' Financial Media Awards last night.
Groupama to place 20 staff on redundancy consultation
Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Groupama appoints household development underwriter
Groupama Insurances has appointed Kirsty Williams in a bid to target niche markets.
Investing in the profession: Ageas Underwriting gains chartered status
Ageas Underwriting has been granted chartered status after meeting a number of criteria set out by the Chartered Insurance Institute, including an examination of its development programmes and training and competence scheme, which are part of the Ageas…
Industry fears homeowner panic as flood agreement expiration approaches
Brokers in high flood-risk areas have accused the Association of British Insurers of failing to "nail its colours to the mast" amid growing concern over the lack of a long-term replacement for the Statement of Principles.
Insurance Fraud Awards 2012 - The winners
Guests were welcomed to the 2012 Insurance Fraud Awards at The Brewery in London by Jonathan Swift, chairman of the judging panel, who congratulated the industry on its efforts to raise the profile of insurance fraud as a topic worthy of debate and…
RSA victory prompts rival rethink on repair strategy
RSA has seen off one potential dispute relating to its controversial motor repair model after signing a bilateral agreement with Groupama Insurances, although it is unclear whether this will survive the completion of Ageas' acquisition of Groupama.