Allianz
South east Asia spurs Allianz profit growth
Allianz's 2012 Asia Pacific results saw an 80% profit growth and 9% increase in premiums spurred by south east Asia.
Rate hikes the only answer to CL market’s poor results
The dismal state of the UK commercial lines market can only be remedied by insurers inputting rate rises in 2013 and resisting their natural urge to compete on price, the heads of major firms have said.
Claims Club: Firm leaders face battle to regain confidence of their staff
Insurance firms must tackle a decline in trust among customer-facing staff in senior management if they are to reap the rewards of consumer satisfaction.
Torrance praises Allianz "discipline" in commercial lines
Allianz has attributed its success in commercial lines to a “disciplined approach” in risk assessment and pricing.
Allianz UK profit slides 4.3% to £161.5m
Allianz reported a 4.3% fall in operating profit to £161.5m in 2012 (2011: £168.7m). The insurer's combined ratio also deteriorated to 96.3% from 95.7% in 2011.
CIS calls for Competition Commission action on subrogated claims model
Co-operative Insurance Services has criticised the subrogated claims model used by RSA, despite having had a bilateral agreement with the insurer in place since last July
Scottish Independence: Scot free?
With a referendum on Scottish independence due next year, will an independent Scotland cause problems for the insurance sector, or is it business as usual?
Insurance Census: Race: Background check
In the final part of Post's Insurance Census on diversity in the industry, the focus is on race. To what extent does the sector offer equal opportunities to ethnic minorities - and how much has the situation improved in recent years?
Co-op criticises subrogated model
Co-operative Insurance Services has criticised the subrogated claims model used by RSA, despite having a bilateral agreement with the insurer in place since last July (www.postonline.co.uk/2188179).
Flood-ravaged 2012 leaves insurers picking up £1.19bn bill
The Association of British Insurers has heaped praise on firms for their part in helping more than 1300 UK customers a day deal with the disruption caused by the second wettest year on record.
Blog: Has Biba found its valentine in Steve White?
It is now four months since Eric Galbraith announced his intention to leave the British Insurance Brokers’ Association, leading to fevered speculation about his successor.
Career file: Simon McGinn: McGinn to replace long-serving Hanks
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz from 1 July.
Penny Black's insurance week
Being the sociable type, Penny loves London – the nightlife, the landmarks, the Queen and so on.
Insurance Census: Age: The generation game
In the second of a three-part series on diversity in the industry, age comes under the spotlight. How are different age groups represented across insurance, and what is being done to entice the next generation of employees into insurance?
Ace Switzerland appoints technical lines manager
René Germann has been appointed technical lines manager for Ace Switzerland as it aims to grow its technical lines capabilities in continental Europe.
Allianz appoints Hong Kong CEO
Mark Mitchell will take on the CEO role of Allianz Global Corporate and Specialty Hong Kong branch with responsibility for Greater China on 14 February.
Broughton to replace McGinn as Hanks unveils Allianz exit date
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz with effect from 1 July.
Airline Iberia extends agreement with Allianz Global Assistance
Allianz Global Assistance has agreed a new deal with Iberia, the Spanish airline, offering travel insurance in the UK.
Airline Iberia extends its insurance agreement with Allianz Global Assistance
Allianz Global Assistance has struck a new deal with Iberia, the Spanish airline, offering travel insurance in the UK. The agreement sees existing work with Iberia in other countries expanding to open up new opportunities within the UK travel market.
Allianz: increased number of clinical trials raises underwriting issues for insurers
The rising number of clinical trials poses significant challenge for insurers, according to Allianz Global Corporate & Specialty.
CC receives wave of industry response to private motor insurance investigation
Opening responses to the Competition Commission’s investigation into the private motor sector have been received from a variety of interested parties.
Editor's comment: Bowing out from Brussels
Complaining about the influence of the European Union on British affairs is almost as much a talking point as the weather in the UK, but insurers have fair grounds. Since Solvency II was first proposed, many in the UK insurance industry believe the…
Spotlight On: Telematics: On the road to a new era
Has the EU Gender Ruling finally brought telematics to the fore to drive new growth in the motor sector?
Fire and natural catastrophes top business concerns in Asia, says Allianz
Business and supply chain interruption caused by natural disasters is the number one risk faced by companies in Asia according to the Allianz Risk Barometer 2013.