Personal
Perseverance prepares to exit UK insurance market
Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.
Aviva to attack motor with online-only brand
Aviva is gearing up to challenge multi-brand motor insurance giants Royal Bank of Scotland Insurance and Admiral on the aggregators with the launch of a new internet-only brand.
Damage management - Surge: Surging ahead
Recent surge events have shown insurers are getting better at coping with large numbers of claims but there is still room for improvement. Sam Barrett finds out what could make a crucial difference the next time an extreme event occurs.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Post magazine – 19 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Europ Assistance unveils new management team
Europ Assistance has completed a shake-up of its UK senior management team with the appointment of Peter Dingle as commercial director.
Half a million male motorists admit point swapping
More than 500 000 male motorists have admitted to passing driving penalty points onto their loved ones, research by Direct Line has revealed.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
Junction boasts 1000% increase in motor insurance sales
Improvements to its online offering have boosted Junction’s sales within the motor insurance business bought from Bradford & Bingley by 1000% in the year since its acquisition.
Ageas UK non-life back in profit in Q1 as motor COR improves 14.5%
Ageas' non-life has reported a non life profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the same period last year.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Aviva Europe NWP up 3% despite drop in sales
In its Q1 results Aviva Europe has reported net written premiums increased by 3% to £614m (Q1 2010: £597m), equivalent to 7% increase on a local currency basis.
Aviva to launch internet-only brand following strong growth in motor book
Motor insurance has been the “key highlight” for Aviva in the first quarter, according to the insurer, which plans to launch a new, separately branded internet-only offering in the summer.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
HSBC extends Aviva partnership until 2016
HSBC has extended its general insurance partnership with Aviva. The insurer is one of HSBC’s preferred strategic partner in the UK and Europe.
Insurers accused of "milking" motorists
A Birmingham MP has accused the insurance industry of “milking the motorist” by excessively charging for car insurance.
Allianz "operating improvements" offset catastrophe losses in Q1
Allianz this morning reported group quarterly revenue of €29.9bn - 2.2% below the record level of €30.6bn in the first quarter of 2010.
Allianz "operating improvements" offset catastrophe losses in Q1
Allianz this morning reported group quarterly revenue of €29.9bn - 2.2% below the record level of €30.6bn in the first quarter of 2010.
Consultancy warns over rate rise complacency
Personal lines insurers have been warned to guard against complacency, despite the potential for improved growth and increased profitability in the sector.
RBSI pushes Select phone service online
Royal Bank of Scotland Insurance's direct high net worth offering, Select, has bolstered its telephone offering with a move online.
Insure & Go ditches home and motor to push travel ambition
Mapfre-owned online travel provider Insure & Go has ceased writing home and motor business ahead of a global roll-out of its direct travel insurance model.
Career development & CSR: Sterling signs up to Aldermanbury Declaration
Sterling Insurance has become the latest insurer to sign up to the Chartered Insurance Institute's Aldermanbury Declaration.
Allianz focus on channel lines rather than regions
Allianz Retail has unveiled a new strategy that the business, ultimately, hopes will lead to more cross-selling among its personal lines brokers.
Post magazine – 12 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.