AIG
AIG reports $3.2bn Q1 net income
American International Group reported net income attributable of $3.2bn for the quarter ended 31 March 2012, compared to net income attributable to AIG of $1.3bn for the first quarter of 2011.
Tata AIG launches lifetime renewable health policy
Tata AIG General Insurance Company has launched its lifetime renewable reimbursement health insurance policy in India.
Dual appoints Zurich Australia CEO Shane Doyle
The Dual Group has appointed former Zurich Australia chief executive Shane Doyle as deputy CEO, as the underwriting firm looks to expand its geographic reach.
Structural change: interview with Chartis UK MD Nicolas Aubert
Chartis' restructure put London at the heart of the firm's European operations, and UK managing director Nicolas Aubert is convinced recent structural changes will produce only profit and improved performance.
Chartis underscores £50m investment as UK profit drops 89% to £11m
Nicolas Aubert, UK managing director for Chartis Europe, has stressed the business is “well on the way to break even”, as the UK today revealed an underwriting loss of £51.7m (2010: £65.3m) and combined ratio of 103.6% (2010: 104.2%) for the year ending…
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
AIG and Allianz to target Chinese motor market
American International Group and Allianz SE have confirmed their interest in the Chinese motor market, which will soon be open to foreign insurers.
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Rating agencies: The rating game
Nations and businesses alike are growing critical of rating agencies, so is a downgrade as damaging as it used to be?
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
Market moves: UK General and Towergate lead the pack
Insurer UK General and broker Towergate were the main movers and shakers this week, appointing a new chief operating officer and director of group mergers and acquisitions respectively.
Sciemus adds renewables expert Kinsella
Analytics and modelling firm Sciemus has appointed Tim Kinsella as director of renewable energy to head up work on wind models and provide consultancy in renewable energy and insurance markets.
McNamee takes Chartis commercial role
Chartis has named Jacqueline McNamee as executive director, commercial lines UK, heading up the property, casualty, financial and speciality lines businesses, including aviation and marine.
Commercial Insurers: Global Compliance - Airmic's proposed database raises questions
With global compliance still a major concern for risk managers, will Airmic's proposed database soothe corporate clients?
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Takaful growth attracts domestic and multinational providers
Takaful insurance across the Middle East and South East Asia has seen rapid growth over the past five years. Francesca Nyman reports on what the future looks like for this sector.
Chartis relaunches K&R in Middle East
Property and casualty insurer Chartis is increasing its focus on kidnap and ransom as it relaunches the specialist product for the Middle East market.
Chartis cuts underwriting losses
AIG’s insurance operation Chartis has chipped away it its underwriting losses cutting its combined ratio to 109% from 116.8% and turned in operating and pre-tax profits compared with losses in 2010.
Asia-Pacific legal review
The legal profession and the insurance sector depend on each other throughout the world and as Chambers Asia-Pacific 2012 launches its editor Shi-Ning Koay provides an overview of the legal insurance specialists and the markets in this region.
High Net Worth: Opportunities abound to target the top
Despite the economic conditions, high net worth insurance continues to thrive. But will this lead to a host of new entrants in the market?
Chartis warns on Olympics and boosts cover
Chartis has warned that the Olympics in London this summer poses huge risks for businesses.
Methodology: Post Intelligence Benchmarking Finpro
One hundred and fifty-seven commercial brokers completed an online questionnaire addressing the service they got from their financial and professional lines insurers.
Post Intelligence Benchmarking Financial and Professional Lines: Positive experience
The Insurance 360 Financial and Professional Lines report found standards to be high.
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised