Personal
AM Best affirms Hiscox 'A' rating
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda), Hiscox Insurance Company and Hiscox Insurance (Guernsey), all operating companies of Hiscox Ltd …
AM Best affirms Hiscox 'A' rating
AM Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a” of Hiscox Insurance Company (Bermuda), Hiscox Insurance Company and Hiscox Insurance (Guernsey), all operating companies of Hiscox Ltd …
RBS Insurance consults with a 1000 staff ahead of Indian outsourcing move
Royal Bank of Scotland Insurance could offshore more than 300 back office roles to India after launching a consultation with more than a thousand staff last week.
Aussie giant Wesfarmers stalks Barbon in UK push
Wesfarmers is poised to become the latest Australian financial services giant to make a serious play for the UK market with a sizable acquisition.
High net worth - distribution: Defending their niche
Following reports in Post that the mid and high net worth markets have been experiencing an increase in competition and downward pressure on rates, Ralph Savage discusses what reaction this has elicited from insurers and brokers in terms of their…
Post Magazine – 11 November 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Post in print - 11 November 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Towers Watson acquires EMB
Towers Watson has acquired general insurance and actuarial consulting company EMB.
68 staff at risk as Choice Quote business moved to Carole Nash
Following a business review, Groupama-owned GUK Broking Services has announced proposals for change to the future business model of its ChoiceQuote Insurance Services subsidiary.
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Allianz UK GI profit halves to £42m in Q3 2010
Allianz this morning reported that in the UK gross premiums were up at €463 m (£400 m) in the third quarter of 2010 (Q3 2009: €427 m).
Tesco insurance partner Ageas UK reports £16.6 m profit in Q3
Ageas this morning reported UK non-life gross written premiums were up 14.1% to £703.9 m in the first nine months of 2010 compared to the same period last year.
Ageas and L&G join green insurance panel
Eco insurance brand I Buy Eco, has today announced the expansion of its home insurance panel with insurers Legal & General and Ageas.
Crawford appoints six new UK sectional heads in shake up
Crawford & Company UK has reorganised its general insurance business into six business sectors in a move it claims will align it more closely to its clients’ distribution and provide an improved operational focus.
Aviva launches motor claims Iphone app
Aviva has signalled its intent to embrace the mobile phone market through the launch of its first Iphone application for motor claims.
One Answer Network appoints director
One Answer Network has appointed Neil Jenkinson to the role of client relationship director.
Groupama calls on insurers to embrace Travel CUE
Groupama has urged fellow insurers to collaborate on the launch of a new initiative to combat travel insurance fraud.
Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3
Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).
Hiscox readies first US direct commercial play after it breaks £100m barrier in Q3
Hiscox this morning reported that its gross written premiums year on year for the nine months to 30 September remain broadly level at £1.21bn (2009: £1.21bn).
Zurich, Tesco and Axa contractor Rok files for administration
Building firm Rok - which numbers Axa and Zurich among its insurance clients - this morning announced that it had filed for administration.
Ageas boosts senior team with appointment of former Allianz duo
Ageas Insurance has strengthened its personal lines team with two key appointments.
RBSI boss pleased with progress during "an important quarter"
Royal Bank of Scotland Insurance CEO Paul Geddes has hailed the three months to 30 September as "an important quarter" in which "progress" has been made.
RBS Insurance ramps up claims reserves by a further £100m in Q3
RBS Insurance today said it had set aside a further £100m for bodily injury claims reserves, largely relating to periodic payment orders. This follows the £320m established in respect of bodily injury in quarter two by the owner of Direct Line and…
Advantage to stop underwriting external broker business from 2012
Hastings Insurance Services has confirmed that its major insurance partner Gibraltar-based Advantage is to cease underwriting underwriting business through brokers outside the group.