Post - 2010-03-04

Former AIG boss unveils start-up

A personal lines underwriting agency, Halo Insurance, has been launched by AIG's former personal lines boss. It aims to provide niche products for the wholesale and retail markets.

RBSI catches a claims "cold"

Royal Bank of Scotland Insurance has reported its first ever quarterly loss during the last three months of 2009, blaming the "industry phenomenon" of the UK claims environment for a £170m hit.

Admiral: no sacred cows

Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.

Allianz ups motor rates by 24% in 2009

Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.

View from the top: Election outcomes

With opinion polls suggesting the margin has narrowed to as little as 7% between the Conservatives and the Labour Party, all eyes are on the coming general election.

Amlin bolstered by acquisition return

Amlin's acquisition of Fortis group's Benelux-based corporate insurance operations contributed to the Lloyd's insurer reporting a record pre-tax profit of £509.1m in 2009 — up from £121.6m in 2008.

Biba looks to reintroduce midwife cover

The British Insurance Brokers' Association is poised to enter talks with the three members of its professional indemnity broker panel to reintroduce cover for independent midwives.

Broker Technology - Motor: Making IT accurate

The British Insurance Brokers' Association is urging its members to sign up to DVLA vehicle registration validation technology. Stephanie Denton looks at why 80% of regional brokers don't use it.

Chubb dressed for success

Chubb Insurance's European learning and development manager Lynn Twinn attended a reception at Downing Street last week, to celebrate the 10th birthday of charity Dress for Success.

IGI retains IIP status

IGI Legal Assist will retain its Investors in People status after successfully meeting the required standard for the third time running.

CII calls for focus on trust

The Chartered Insurance Institute has called for financial services companies to make more effort at trying to improve public trust in the sector.

Penny black's insurance week

Penny was fortunate to go along with a host of insurers and brokers to the Prince's Trust Celebrate Success Awards at The Odeon Leicester Square this week, as part of its Insurance Leadership Group.

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