Zurich Insurance
Interview - David McMillan: Bullish about the business
Chief executive of Aviva UKGI, David McMillan is convinced the insurer has turned a corner and is on the path to greater profitability and growth
UK motor insurers cough up for PPO
Insurers are seeing a steady rise in demand for periodic payment orders, backing the findings of the Institute and Faculty of Actuaries.
Zurich hits Allianz for SME underwriter
Zurich’s has appointed Allianz’s SME underwriter manager Russell Corbould-Warren to the newly created role of head of SME underwriting.
Mitsui completes regional office network roll-out
Mitsui Sumitomo has completed the roll-out of its newly created regional office network with the opening of branches in Belfast and Glasgow and three senior appointments.
Zurich appoints new CUO
Zurich has appointed Nick Major as chief underwriting officer for its global corporate in the UK business area, effective immediately.
Zurich names chief underwriting officer for North America
Zurich has announced Mary Merkel is to replace Time Carter as regional chief underwriting officer for the insurer in North America, with immediate effect.
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
Claims event: Seddon: social media use is ‘bonkers’
Using social media in claims handling is “bonkers” and companies risk “shooting themselves in the foot” if they embrace Facebook and Twitter, the insurance industry has been warned.
Broker report reveals Aviva, Chartis and RSA drop in underwriting service
Insurers must do more to boost satisfaction among brokers, according to a Brokerbility survey that suggested Axa is currently the only firm performing above the 80% approval benchmark.
European insurers vie for KBC's Polish Warta
Several European insurers are believed to be in the running to acquire Polish insurance company Warta from Belgium's KBC, according to reports from Polish financial daily, Parkiet.
Axa and Generali in running for HSBC non-life book
European insurers Axa SA and Assicurazioni Generali SpA are thought to have submitted first-round bids for HSBC's non-life insurance business in a deal worth up to $1bn (€728m), Reuters has reported.
Openwork appoints former Zurich CFO
Openwork has today confirmed the appointment of chief financial officer Simon Clifford, who joins the firm from Zurich Financial Services International Life where he held the same position.
Interview - Ann Haugh: Making the right decisions
UK CEO of Zurich Global Corporate Ann Haugh has never been averse to taking risks and reveals her determination to grow the business is as strong as it is strategic.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
Zurich opens compliance database to the broker market
Zurich has confirmed it is to open its compliance and premium taxation database tool to the broker market.
New Zealand faces mass withdrawal as earthquake claims stack up
Insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Zurich closes Santander acquisition
Zurich Financial Services Group has closed the acquisition of 51% participation in general insurance, life insurance and pension operations of Santander in Brazil and Argentina.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Zurich stops writing NZ earthquake cover
Zurich New Zealand will no longer write any new earthquake cover following the catastrophes in Canterbury and Christchurch in February.
Zurich closes MAAB acquisition
Zurich Financial Services Group has completed the acquisition of 100% of the share capital of Malaysian composite insurer Malaysian Assurance Alliance Berhad.
HSBC bidders line up not to comment
QBE, Zurich and Allianz have refused to comment on speculation in a Reuters report that they are among bidders for HSBC’s insurance business.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…