Europe
Allianz Group operating profit up 22% in H1 2010
Allianz Group has recorded a profit of €3.9bn in the first half of 2010, a €0.7bn increase from the same period in 2009.
Generali profits rise 73.2% in H1 2010 result
Generali has reported net profit up to € 873m (+73.2%) for the first half of 2010, with premiums at more than € 38 billion (+9.1%).
Delta Lloyd Group H1 2010 results show profit of €1069m
The Dutch financial services group, which has lines in banking, life insurance, general insurance, health insurance and mortgages across its portfolio, has reported a strong first half profit for H1 2010.
Zurich H1 2010 result shows 20% drop in GI profit to $1.4bn
Zurich has reported general Insurance operating profit fell 20% to $1.377bn (H1 2009: $1.714bn) in the first half of the year.
Novae H1 2010 results reveal 50% bounce in investment returns
Novae Group's interim results have been boosted by strong investment returns.
Zurich appoints chief administrative officer
Zurich has announced the appointment of Christian Orator as chief administrative officer and member of the group executive committee.
Hardy profit nosedives in first half results
Hardy Underwriting Bermuda's profit before tax has fallen to £0.8m (H1 2009: £7.8m) after it was hit by a string of catastrophic events.
JLT head hails satellite "coup" in contract win with Marsh
JLT Aerospace has been appointed by ARABSAT to develop a bespoke insurance programme for a multi-satellite launch programme in conjunction with Marsh.
Aviva results: UK GI business profit improved 24% to £197m in H1 2010
Aviva has seen its UK general insurance and health underwriting results and operating profits go backwards in the first six months of 2010 to £56m (H1 2009: £63m) and £269m (H1 2009: £282m) respectively.
RSA results reveal 9% NWP growth for H1 2010
Insurer RSA’s UK net written premiums increased by 9% year on year to £1.46bn in the first half of 2010 (H1 2009: £1.34bn) according to its latest financial results.
Torus targets London market with new casualty head from Aon
Torus has appointed David Whyman as senior vice president, UK head of casualty, based in London.
Munich Re records €709m profit in Q2 2010
Munich Re has achieved a consolidated profit of €709m (Q2 2009: €697m) in the second quarter of 2010.
Axa UK CEO Moreau to leave for top job in France
Axa has confirmed long standing speculation that its UK CEO Nicolas Moreau is to leave his role and become CEO of Axa France.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.
PWC raids FSA for Solvency II expert in recruitment drive
Pricewaterhouse Coopers has made a number of changes to its UK insurance group, including new hires, new partner promotions and internal moves.
Catlin appoints Schmidt as European reinsurance CEO
Catlin Group has confirmed Peter Schmidt has been appointed chief executive officer-European Reinsurance.
Exclusive online content now available
Insurance Insight's latest issue is now live with comment on insurance in the Netherlands, an indepth analysis of the Italian general insurance market and a review of European mutuals.
Insurance Insight Q&A - Jubilee Europe
In the latest of a regular focus on European insurance companies and brokers, Insurance Insight talks to Theo Van Der Mark, managing director of Jubilee Europe BV, part of the Jubilee Group about the Dutch insurance market.
An in-depth review of the general insurance market in Italy
Despite the introduction of the ‘Bersani law’ looking to liberalise the Italian general insurance sector and increase competitiveness, brokers still have a long way to go to impact on the agent dominated market. But with untapped potential in the market…
Insurance Insight - European mutual insurers
Mutual insurance flourishes in Europe but with increased regulatory regimes on the horizon and pressure on resources Sam Barrett asks if this model can survive.
Insurance exports hit a new high according to The City UK report
Net UK insurance exports reached a record £8.3bn in 2009 according to a new report.
Xchanging enters Italian market
Xchanging has entered the Italian outsourcing market after forming a partnership with SIA-SSB.
Aon results highlight 8% fall in broker's UK revenue
Broking giant Aon today reported an 8% decline in commission and fees for its UK arm, in the second quarter of 2010 to $167m (Q2 2009: $181m).
Fitch revises VTB Insurance outlook to positive
Fitch Ratings has revised the outlook of Russian VTB Insurance to positive and affirmed its ratings at insurer financial strength 'BB' and National IFS 'AA-(rus)'.