Ageas
Ageas Hong Kong's IFS rating affirmed
AM Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “A-” of Ageas Insurance Company (AICA) Hong Kong.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
RSA legal action suspended as court rules in insurer's favour over motor costs
Zurich has confirmed that it has suspended legal action with RSA over the company's subrogated motor repair costs while it awaits the outcome of a possible appeal, after RSA won a High Court case against two other insurers.
Ageas Insurance Solutions appoints senior management duo
Ageas Insurance Solutions has reiterated its determination to pursue further growth following the appointments of Colin Butler as senior insurer development manager and Chris Quayle as head of finance.
Apil applauds investigation into motor insurers' "grubby practices"
The Association of Personal Injury Lawyers has claimed that motor insurers have "finally been caught with their hands in the cookie jar" following the Office of Fair Trading decision to refer the sector to the Competition Commission.
Transport Select Committee backs credit hire Competition Commission investigation
The Transport Select Committee has welcomed the Office of Fair Trading's provisional decision to refer an investigation into credit hire and third-party repair to the Competition Commission.
Ingenie boosts underwriting as it partners with RSA
RSA is set to provide underwriting capacity to Ingenie to meet the increasing demand for its young driver telematics insurance cover.
Application fraud: Revving up rates
In an effort to bring down premiums, many drivers are telling 'white lies' on their application forms, compelling brokers to beef up their own fraud detection alongside insurers.
View from the top: From the outside looking in
Encouraging remarks emphasise that the good work insurers are doing must continue, says Barry Smith.
Ageas woos Groupama household boss
Ageas has appointed Craig Allen as head of household underwriting, responsible for managing the performance and profitable development of the home account through the control of pricing, underwriting and business development activity.
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
Treasury puts forward pool proposal to replace Statement of Principles
The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Benign weather and rate rises result in record reported profits for insurers
Insurers have reaped the rewards of benign weather and rate rises in catastrophe hit regions, but analysts warn the worst could be yet to come.
Friend or Foe: Q&A with Accident Exchange CEO Steve Evans
Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.
Ageas braced for further household rate rise
Ageas UK boss Barry Smith has warned of further rate rises on household premiums after admitting to a rate hike of 16% for buildings cover last year.
Ageas posts net profit of €155m in Q1
Ageas Insurance's net profit grew by 15% in the first quarter to €155m.
Ageas' Tesco Underwriting posts £7m profit after Q1 loss last year
Tesco Underwriting, Ageas' household and motor partnership with Tesco Bank, generated a pre-tax profit of £7m in the first quarter compared with a loss of £4m last year.
Aviva pays Accident Exchange "seven figure" settlement
Aviva has paid credit hirer Accident Exchange a "seven figure" out-of-court settlement after using "dishonest" Autofocus evidence to reduce its hire charges.
Ageas unveils The Ageas Bowl cricket ground
Ageas has unveiled The Ageas Bowl following the announcement of its new partnership with the home of Hampshire cricket.
Your say: uncovering dishonest drivers
It is no secret that a large quantity of drivers who have not recently claimed, and whose circumstances have not changed, are nonetheless paying increased insurance premiums.
Industry unveils older driver initiative as Direct Line follows LV's age limit stance
The decision by LV to scrap its age limit of 86 for new car insurance customers has struck a chord with industry bodies behind the launch of a new signposting model, yet market rivals appear largely unconvinced.
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Ageas board member and Outright founder Bright latest to join Quindell
Consultancy, software and outsourcing firm Quindell Portfolio has appointed Ageas UK board member Robert Bright to its strategy and integration advisory board.
ISE 2012: Ageas says multi-channel distribution is essential for European insurers
Keynote speaker at Insurance Strategy Europe Bart De Smet, group chief executive officer at Ageas, told delegates how multi-channel distribution is essential for insurance in Europe and how his firm has restructured to reflect this.