Allianz
Ace hires Zotti to develop Italian consumer lines
Ace Group has recruited Renato Zotti as director of accident and health, life and travel in Italy as the firm continues to invest in consumer lines insurance propositions for the Italian market.
Allianz raises profit expectations for 2012
Allianz has raised its 2012 full-year operating profit expectations to over €9bn, assuming a normal business development during the rest of the year.
Insurer stocks dipped ahead of Hurricane Sandy landfall
Stocks for European insurers, including Allianz SE and Zurich Insurance Group, fell on Monday as the US prepared for Hurricane Sandy, which is expected to cause $5bn-$10bn in insured losses, according to modelling firm Eqecat.
Allianz boss Stephen Coates joins Pool Re
Former Allianz head of UK property and casualty, Stephen Coates, has joined Pool Re as head of market operations.
Allianz boss hails "important" 10-year Asian bancassurance deal with HSBC
Allianz and HSBC have signed a 10-year exclusive bancassurance distribution agreement in Asia.
Beazley swoops for Allianz Re regional manager for Singapore role
Beazley is expanding its reinsurance team into Singapore with the appointment of Ben Liang.
Market moves: CEO change at Willis takes the headlines
Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…
Aviva among top firms for corporate social responsibility
Aviva is ranked fifth among European financial services firms for corporate social responsibility, according to a new report.
Allianz recruits Liberty Mutual financial lines underwriter
Allianz Global Corporate & Specialty has appointed Elke Vagenende as head of product development, financial lines (UK).
Allianz boosts financial lines team with Liberty hire
Elke Vagenede has been appointed as head of product development for financial lines at Allianz Global Corporate and Speciality.
Arista expands Southampton office
Arista Insurance has appointed Paul Avery to its Southampton office to help manage the underwriting team.
Indonesia or bust?
Indonesia offers considerable opportunities for foreign insurers, but the market is not without challenges.
Market moves: Busy week sees major hires at Travelers and Giles
In a busy week of recruitment for insurers and brokers, certain firms strengthened their reputations as companies with a real appetite for employment.
HDI Gerling CEO to head AGCS' Mediterranean unit
Patrick Thiels, chief executive of HDI Gerling in Belgium and Luxembourg, will join Allianz Global Corporate & Specialty from 1 April to lead the insurer's new Mediterranean division.
AGCS recruits HDI Gerling chief executive
Allianz Global Corporate & Specialty has appointed Patrick Thiels to lead the industrial insurer's new Mediterranean region.
Allianz subordinated bond assigned A2 rating by Moody's
Moody's has assigned an A2(hyb) rating to the 30-year €1.5bn subordinated bond to be issued by Allianz SE.
RSA backs revised CoA judgment but calls for more government action
RSA has added its voice to calls for the government to use the Court of Appeal's revised judgment in Simmons v Castle as a springboard for further industry reform.
Industry fears homeowner panic as flood agreement expiration approaches
Brokers in high flood-risk areas have accused the Association of British Insurers of failing to "nail its colours to the mast" amid growing concern over the lack of a long-term replacement for the Statement of Principles.
RSA victory prompts rival rethink on repair strategy
RSA has seen off one potential dispute relating to its controversial motor repair model after signing a bilateral agreement with Groupama Insurances, although it is unclear whether this will survive the completion of Ageas' acquisition of Groupama.
Allianz casualty boss wants MoJ fixed fee clarification
Allianz has become one the first major insurers to comment on the Court of Appeal's decision to revise the judgment made following the Simmons v Castle case relating to a damages uplift.
Allianz appoints UK marine hull and liability head
Allianz Global Corporate & Specialty has appointed Chris Turberville as head of marine hull and liability UK.
AGCS names head of marine hull and liability
Allianz Global Corporate & Specialty has appointed Chris Turberville as head of marine hull and liability UK.
Allianz Legal Protection extends BMW affinity deal to motorcycle brand
Allianz Legal Protection has become the legal expenses provider for BMW’s motorcycle brand BMW Motorrad, in an affinity arrangement through specialist motorcycle broker Devitt Insurance Services.
Torrance backs clarity over burglar confrontation
Chris Grayling, pictured, plans to change the law to ensure householders who "over-react" when confronted by burglars will not face prosecution.