Allianz
XL Group recruits AGCS risk head
XL has appointed Roland Brandt as property underwriting manager for risk management, analytics and innovation for the international region.
Assurant makes senior European appointments
Assurant Solutions today announces the appointments of Graham Luckett as senior compliance officer for Europe and Robert Moorehead-Lane as European chief risk officer.
Groupama and Brit hit snags as they try to shortlist potential buyers
Industry big-hitters linked to Direct Line Group chairman role
In Series: Emerging Markets - India: a land of opportunity
With the economy in India struggling less than those of its Western counterparts, coupled with a rise in consumerism, the insurance industry has major opportunities open to it
Commercial lags behind personal as major insurers reveal their 2011 hands
The results season is more than halfway through and, while analysts have highlighted the increased profit in personal lines despite market saturation, they claim commercial is lagging behind and could worsen.
Top 10 news stories
Find out what the market has been reading about this week with the top 10 news stories from www.insuranceinsight.eu
Allianz UK's profits defy recession
Allianz UK has reported 2011 GWP up more than 10% to £1832.2m (2010: £1663.7m) with operating profit up more than 6% to £168.7m (2010: £158.5m).
Allianz admits to Accident Exchange settlement
Allianz has confirmed it has paid a "six figure" out of court settlement to credit hirer Accident Exchange for using the now defunct rate surveyor Autofocus.
Allianz revenues down 2.7% to €103.6bn
German general insurer Allianz reported a 2.7% reduction in revenues for the full year 2011, down to €103.6bn from €106.5bn in 2010.
Allianz UK operating profit improves as group net income impacted by Greek debt
Allianz has reported that its UK business logged gross written premiums as stated of €534m in 2011 (2010: €485m).
Household: Insurers weathering the cold
After a mild 2011, this year got off to a cold start as snow hit the UK. Will this force insurers to look beyond the past year and start pricing household and contents cover long term?
Moody’s takes action against insurance groups exposed to Italy and Spain
Moody's has taken action on several European insurance groups and related entities to reflect the increased financial risks stemming from their operating and investment exposure to weakened European sovereigns and banks, and the ratings agency's…
Allianz Legal Protection appoints Ruse as head of sales and distribution
Allianz Legal Protection has confirmed the in-house appointment of Phil Ruse to the newly-created position of head of sales and distribution.
Allianz extends Scalepoint contract
Allianz Insurance has signed a new three-year contract with claims management provider Scalepoint.
How will the ECJ gender ruling impact European insurers?
As the national press continues to probe the impact of the European Court of Justice’s gender ruling on the European consumer, Francesca Nyman asks if European insurers can comply and still retain their competitive edge.
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
XL appoints construction manager for Ireland, UK and Nordics
XL insurance has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic regions.
Commercial insurers to benefit from 'negative declarations' judgment
The position of commercial insurers defending claims has been strengthened after the Court of Appeal confirmed the power of arbitrators to make ‘negative declarations’.
Evolution extends Allianz capacity arrangements
Evolution Underwriting has extended its capacity arrangements with Allianz for a further five years.
Insurers face payouts over ‘tainted’ Autofocus reports
Major insurers face huge payouts to credit hirer Accident Exchange after a judge ordered “thousands” of cases involving “tainted” Autofocus reports to be heard by the Court of Appeal.
Thirty insurers linked to Costa Concordia disaster
More than 30 insurers are likely to carry the cost of stricken Costa Concordia cruise ship.
S&P warns about Aviva, Allianz and Axa
Standard & Poor’s has issued a series of warnings about major insurers’ exposure to the euro debt crisis.
Marine hull insurers await rating impact in wake of cruise ship sinking
The Costa Concordia cruise ship disaster has been called the largest insurance loss in maritime history with some suggesting it could be “bigger than the Titanic”.
Credit hire: Two sides to the story
Credit hire organisations and insurers are blaming each other for the cost of credit hire. With the Office of Fair Trading conducting a review, will anyone emerge victorious?