Personal
Ecclesiastical blames Chilean earthquake for pre-tax loss
Ecclesiastical has revealed that exposure to the Chilean earthquake was predominantly responsible for its £9.9m pre-tax loss for the first half of 2010.
Confused not up for sale
Admiral has ruled out selling part or all of its aggregator arm Confused after it disappointed with its half-year results.
Axa names new finance director
Waseem Malik, Axa's former head of M&A, has been appointed to the role of finance director at the insurer.
Former Towergate investor to wind down
The private equity firm linked with buying a 25% stake in Towergate 32 months ago has decided to wind-up its investments and return cash to investors after takeover talks broke down.
Accident Exchange seeks to de-list after restructuring credit facility
Credit hire operator Accident Exchange is to convene a general meeting to propose a resolution to approve the cancellation of admission of the ordinary shares to trading on the London Stock Exchange.
Buffett again linked with RBS Insurance business as bank begins adviser search
Warren Buffett has again beeen linked with the Royal Bank of Scotland's Insurance business according to reports in the weekend newspapers.
Rok to create 50 new jobs following £40m Axa contract win
Rok, the maintenance and building services group, has signed a contract with Inter Partner Assistance, a wholly owned subsidiary of Axa Assistance to provide home emergency services to its UK customers.
Motor giant VW unveils plan for regulated direct insurer
Volkswagen Financial Services AG has confirmed plans to operate its guarantee insurance business in future through its subsidiary Volkswagen Reinsurance AG as a direct (primary) insurer.
RBSI confirms office closures
Royal Bank of Scotland has confirmed that it will close 14 of its 27 insurance offices by 2013 with 2000 staff set to lose their jobs.
RBSI outlines plans to close 14 of 27 sites
Royal Bank of Scotland Insurance has revealed details of a mass closure of UK insurance sites that will see 2000 people lose their jobs.
Motor giant VW unveils plan for regulated direct insurer
Volkswagen Financial Services AG has confirmed plans to operate its guarantee insurance business in future through its subsidiary Volkswagen Reinsurance AG as a direct (primary) insurer.
Experian appoints new head of insurance
Experian, the information services company, has appointed Sandy McPherson as head of insurance for UK and Ireland.
Weather events cause Ecclesiastical loss
Specialist insurer Ecclesiastical has attributed its pre-tax loss of £9.9m for first half of 2010 to a string of exceptional weather events.
RBS to shed 640 Direct Line jobs
Royal Bank of Scotland is set to cut more than 600 Glasgow-based Direct Line staff, the BBC reports.
Co-op Insurance reveals new business increase of 32% in H1 2010
The Co-operative Financial Services has recorded an increased profit of £307m for the half year to 3 July 2010 - despite a drop in profit of £1.9m for its general insurance division.
RBS to shed 640 Direct Line jobs
Royal Bank of Scotland is set to cut more than 600 Glasgow-based Direct Line staff, the BBC reports.
IAG UK reports full year loss of $355m
Insurance Australia Group today announced its UK business had recorded a loss of $355m for the year ended 30 June 2010 (FY09 $113m), a margin of minus 65.5% (FY09 15.2%).
BIS countdown - Interview - Michael Casella: Commitment to the Chubb cause
The new CEO of Chubb Europe, Michael Casella, has spent 28 years travelling the world with the firm. Now based in London, he tells Jonathan Swift why it set up a new Lloyd's syndicate and why you'll never see it dipping in and out of markets.
Ageas boosted by Asia and Belgium with €180m profit
Ageas has reported a net insurance profit of €180m for the first half of 2010, including a life contribution of €178m driven by Belgium and Asia.
Avantia enters home protect market
Avantia Insurance has launched a home protect service to the trade.
Ageas boosted by Asia and Belgium with €180m profit
Ageas has reported a net insurance profit of €180m for the first half of 2010, including a life contribution of €178m driven by Belgium and Asia.
Post Magazine - 26 August 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Post in print - 26 August 2010
Post senior reporter Leigh Jackson outlines the main news from this week's issue of Post.
Post in print - 26 August 2010
Post senior reporter Leigh Jackson outlines the main news from this week's issue of Post.