Allianz
Dye denies Allianz UK's reinsurance arrangement is for acquisition 'war chest'
Allianz UK's 12% drop in operating profit in the first half of 2015 was impacted by a quota share reinsurance arrangement agreed with sister company Allianz Re, according to CEO Jon Dye.
Allianz cites competitive market conditions as first half profits fall 12%
Allianz's UK pre-tax profits fell 12% in the first half of 2015 to £56.5m compared to £64.2m in the same period last year.
Bauer to leave Allianz
Manuel Bauer, head of insurance growth markets, Allianz is leaving at the end of August.
Allianz Group estimates 2015 operating profit at upper target range
Operating profit in Allianz Group's property and casualty division rose 29.7% to €1.35bn (£952m) in the second quarter of 2015 as the company confirmed its operating profit outlook for the full year would reach €10.8bn.
Claims Management Regulator issues first fine to nuisance CMC
A claims management company that pestered people with nuisance calls about noise induced hearing loss claims has become the first firm to be fined under new regulatory powers.
Career development: ECIS given Chartered status
The Chartered Insurance Institute, has awarded ECIS, the employee benefits company for the construction industry the prestigious Chartered Insurance Broker Status.
Career file - Ida Luka-Lognoné: Allianz Worldwide Care names new CEO
Allianz Worldwide Care has announced that Ida Luka-Lognoné, executive committee member of Allianz Worldwide Partners, has succeeded Ron Buchan as CEO.
Expertise From A-Z: Legislation: Getting in on the act
Legal reforms have formed the backbone of an exciting first half of 2015, with the rest of the year promising a continuation of challenges.
Leong returns to Singapore for Zurich leadership role
Kevin Leong has left Allianz in Canada to become head of customer distribution and marketing for Zurich's Asia-Pacific global corporate business.
CHO hits stalemate with insurers over 2015/2016 GTA rates
Insurers and the Credit Hire Organisation have reached a stalemate over the revised General Terms of Agreement rates for 2015/2016 amid uncertainty surrounding the true minimum cost of credit hire.
Reputational Risk: A rotten apple…
It takes years to build a reputation and minutes to ruin it. How can companies protect themselves against reputational risk?
Insurers round on Aviva following 'disingenuous' ABS accusations
Aviva has been criticised for playing the “blame game” in the fight against fraud following accusations that rival insurers with alternative business structures are guilty of “feeding the beast” of fraudulent whiplash claims.
Power hour: Building on growth
As the economy grows and building projects pick up, brokers in the North West are set to capitalise on a booming construction sector
D&O: 3 in 4 SMEs uncovered
It was once said that Stephen Hawking's 1988 book, ‘A Brief History of Time', was one of the most widely owned but least read works in print - something people wanted to show off on their bookshelf but could not face the effort required to digest the…
Market Moves - 16 July 2015
Who has moved where in the world of insurance this week.
British Insurance Awards 2015: The winners
AIG, LV and Wilby were among the big winners at the British Insurance Awards – collecting two gongs apiece.
Aviva church insurance start-up brand Trinitas facing tough baptism
The chances of Aviva successfully challenging established players in the church insurance market have been questioned following its decision to launch a joint venture with Stackhouse Poland targeting Church of England parishes.
FCA opens the door for product reviews in value data debate
The Financial Conduct Authority has not ruled out using consumer reviews to demonstrate the value of an insurance product, despite hinging an industry-wide value debate on utilising claims ratios as a metric.
Insurers sticking by Autoglass in wake of consumer criticism
Insurers that maintain commercial partnerships with Autoglass have vowed to work alongside the embattled windscreen repairer to address criticism of the firm’s service levels following its decision to scrap its branch network.
FWD’s Gaughan, Ingenie, LV and Aviva among winners at first Insurance Marketing and PR Awards
FWD founder Michael Gaughan was crowned the winner of the achievement award at the inaugural Insurance Marketing & PR Awards this afternoon.
Blog: Telematics - driving fleets forward
Ask a White Van Man if he'd like a ‘spy-in-the-cab' black box and you'll get a colourful answer. But what if that black box could save lives?
Insurers accused of shirking duty as MoJ faces calls for NIHL claims shake-up
Industry calls for the Ministry of Justice to introduce a fixed-fee regime and expand the existing Claims Portal to include industrial deafness claims have been met with staunch opposition by the claimant legal fraternity.
Market Moves - 22 June 2015
Find out who has moved where in the world of insurance this week.