Allianz
Concern over PPOs makes 'nervous' reinsurers more 'selective' in writing
The spectre of the UK motor market being hit by the further withdrawal of primary capacity, and resistance to new entrants, has again been raised, this time through the reinsurance community's concern about periodical protection orders.
Euler Hermes launches Europe credit insurance
Euler Hermes is launching Europe Credit Insurance in the UK market, which enables businesses to receive additional cover up to a £1m for exceptional transactions.
Former Allianz consultant joins Assurant Solutions
Specialist insurance provider Assurant Solutions has appointed John Miles to its European compliance team.
Allianz retail arm completes 'Clear' launch with houshold offering
The Allianz retail arm has completed the final phase of its Clear product launch, following a deal that will see the operation’s Clear household product available through Adrian Flux brokerage.
Olympics Countdown: Q&A with Rebecca Romero
Allianz-sponsored Olympic rowing silver medalist and world and Olympic cycling champion Rebecca Romero talks DIY, paper rounds and Joan of Arc.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
High Net Worth: Join The High Flyers
With the lucrative high net worth market continuing to soar, it’s little wonder so many new entrants are getting on board – but there could be a hard landing ahead for some
Q&A with Allianz Worldwide Care's Andrew Seale
As the expat market continues to thrive in the Middle East, Stephanie Denton spoke to Andrew Seale, regional manager for the UK, Middle East and Italy at Allianz Worldwide Care, about the challenges this transient population brings to the private medical…
CNA hires Chartis underwriting boss
CNA has appointed Justin Godman, pictured, as casualty underwriting manager.
Accounting Standards: Slow but steady
Eight years since the 'interim' International Financial Reporting Standards were introduced, progress is still slow on final implementation.
Roundtable: How can fraud be halted at the underwriting stage?
There has long been a focus on fighting fraud at the claims stage, but could more be done to discourage would-be fraudsters at an earlier juncture?
PE interest to shake up motor insurance market
Growing interest in motor insurance from private equity firms is likely to increase dynamism in the sector, according to Ernst & Young.
Allianz makes string of new hires
Allianz has boosted its commercial and legal protection divisions with four new appointments.
Allianz recruits partnership development boss
Allianz Insurance has appointed Richard Nettleship as partnership development manager for the firm's corporate partner division.
Loss adjusting: A standards issue
Direct regulation of loss adjusters has been on the agenda for more than a decade but, with Europe ready to step in, is the industry prepared to be governed by forces on the continent?
RSA legal action suspended as court rules in insurer's favour over motor costs
Zurich has confirmed that it has suspended legal action with RSA over the company's subrogated motor repair costs while it awaits the outcome of a possible appeal, after RSA won a High Court case against two other insurers.
RSA ruling to create added costs in motor repair, says Groupama
The High Court's decision to rule in favour of RSA on subrogated motor repairs will cause "confusion" and "frictional expense", according to Groupama.
RSA wins subrogation case while Allianz fears motor premium hike
RSA has won a High Court battle defending its policy of adding up to 25% to motor repair bills passed on to rival insurers through subrogation, much to the disappointment of Allianz and Provident Insurance, which were involved in the litigation and…
Property claims: Customers must be educated about escape of water
Insurers should make consumers aware that they have a responsibility to prevent escape of water, rather than assuming that all leakage issues should be handled by their provider.
Airmic 2012: Quality of information 'essential' to BI claims
The business interruption information provided by policyholders to their insurers is "essential" in the current climate, Allianz Global Corporate & Specialty boss Volker Muench has claimed.
AM Best removes ratings of Allianz Risk Transfer from under review
AM Best Europe Rating Services has removed from under review with negative implications and affirmed the financial strength rating of A (excellent) and issuer credit rating of 'a' of Allianz Risk Transfer.
Allianz France agrees deal for Groupama's Gan Eurocourtage
Groupama has agreed to sell the property and casualty brokerage-related activities of its Gan Eurocourtage subsidiary to Allianz France for an undisclosed sum.
Your say: Taking preventative action to combat stress
I read with interest the recent article, Under pressure, regarding workplace stress in the financial services sector, and fully agree with Roddy Macleod that companies must acknowledge cases and take action as soon as work-related issues of this nature…
James Hallam develops insurer ranking matrix
James Hallam brokers has developed a ranking matrix for all insurers it deals with.