Allianz
Your say: Tackle the dealers
I read with interest the recent article regarding the industry’s battle against metal thefts — ‘United response called for as metal theft cases see substantial increase’ – and fully support a more co-ordinated approach by insurers to tackle this issue.
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
Mapfre, Generali and CCR downgraded following sovereigns
A raft of European insurers including Italy-based Generali and Spanish insurer Mapfre were downgraded by Standard and Poor’s yesterday.
Portugal, Spain and Turkey lead the way in European banassurance
Banks are most important distributors of insurance in Portugal, Spain and Turkey, according to recent research.
Costa Concordia claims could cost £1bn
Insurers could face claims of up to $1bn from the Costa Concordia cruise liner disaster making it the biggest marine loss ever, analysts have warned.
QBE expands Dubai capabilities
QBE has expanded its Dubai branch’s underwriting capability into general liability facultative reinsurance for Middle Eastern and North African clients.
Home & Legacy teams up with Aviva on ‘Premier Motor’ launch
Home & Legacy has teamed up with Aviva to launch ‘Premier Motor’ product a high net worth motor offering for its UK broker base.
Breast implant scare could leave insurers facing multi-million-pound-bill
A £400m bill could land at the door of clinics and their insurers in the fallout of the banning of Poly Implant Prothese breast implants.
Allianz launches ‘landmark’ scholarship scheme
Up to 50 brokers across the country are expected to sign up for a “landmark” Allianz Commercial scholarship scheme aimed at boosting standards of professionalism within the industry.
Insurers welcome compensation reform as legal firms blast government policy
Major UK insurers have responded to David Cameron’s vow to “kill off” the UK compensation culture by welcoming a reduction of health and safety red tape, while demanding safeguards to maintain safe workplaces.
View from the top: Time for radical action on motor
Moving to a first-party system would fix many inherent problems and directly tackle inflated costs, says Andrew Torrance, Allianz Insurance.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.
Claims v underwriting: Bridging the divide
While sharing the same goals, claims and underwriting are often disparate divisions. What can be done to help unify these two departments?
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Allianz contract with breast implant maker invalid
Financial Times Deutschland has reported that Allianz claims its insurance contract with the French breast implant maker, Poly Implant Prosthesis, is invalid.
Allianz Legal Protection boosts finance team
Allianz Legal Protection has strengthened its finance department to provide additional commercial and financial support to its senior management team.
Allianz's 'AA-' IFS rating affirmed
Allianz SE has had its insurer financial strength rating and long-term issuer default rating affirmed at 'AA-' by Fitch
Insurers call for "serious" government action on flood risk plan
The Association of British Insurers and its members have called on government to “seriously consider” subsidised flood insurance for policyholders in high risk areas, replacing the Statement of Principles, which expires in 2013.
Allianz Engineering steps up surveyor recruitment
Allianz Engineering has increased its engineer surveyor workforce with an additional 21 surveyors entering the field in the past quarter, bringing the total to 34 for the year.
UK insurers wait on developments following PM Cameron EU Treaty veto
Standard and Poor’s downgrade warning on 15 insurers should have been “no surprise” but the market is still in the same position it was a week ago given the lack of “concrete activity” at the weekend, according to an industry analyst.
Data collator to compile flood information after UK insurer requests
European insurer-backed catastrophe data collator Perils is to start compiling information on floods from January next year in response to demands from UK insurers.
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.