Ireland
Matthews takes up role as Sevitt CEO
Mike Matthews, the former chief executive of Setanta, has reprised his role as CEO of business solutions provider Sevitt, almost after year after leaving the Irish insurer.
Mayer leaves Aviva as part of management restructure
Igal Mayer has left Aviva as part of a mangement restructure to 'simplify' and 'focus' the business, after little more than a year in his role.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Setanta chief returns to industry as business solutions boss
The former chief executive of Setanta, Mike Matthews, has reprised his role as CEO of business solutions provider Sevitt almost a year after he left the Irish insurer.
Quinn's UK losses rise to €1bn
The collapse of Quinn Insurance could leave Irish policyholders footing a bill for up to €1bn, more than €400m than the original estimate, according to the Irish Independent.
Ecclesiastical targets rapid growth in Ireland
Specialist faith insurer Ecclesiastical plans to treble the size of its Irish business over the next five years, according to a report in the Irish Times.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Ecclesiastical posts loss, despite Ireland performance
Specialist faith insurance providers Ecclesiastical made an overall pre-tax loss of £7.7m for the full year 2011.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Aviva Europe operating profits up 26%
Aviva Europe's general insurance and health operating profit increased by 26% to £137m for the full year 2011.
Liberty CEO talks up China, India and Quinn after 87% drop in pre-tax income
Liberty Mutual has reported net income of $284m and $365m for the three and twelve months ended 31 December 2011, decreases of $292m and $1.313bn from the same periods in 2010.
Insurers avoid conviction for Irish data breach
Three insurance companies have avoided criminal convictions for possessing personal information obtained by a private detective from a leak in the Department of Social Protection, according to reports in the Irish press.
Assurant makes senior European appointments
Assurant Solutions today announces the appointments of Graham Luckett as senior compliance officer for Europe and Robert Moorehead-Lane as European chief risk officer.
European construction – back to good health?
Construction markets have suffered across the globe with the financial downturn biting hard. Edward Murray investigates whether there are any glimmers of hope for the European market in 2012.
Asian results help JLT offset difficult European trading period in 2011
Strong retail revenue growth and margins in Asia helped Jardine Lloyd Thompson offset difficult trading environments in Europe and deliver profit before tax of £147.6m for the full-year ending 31 December 2011.
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
RSA IFS and counterparty credit ratings upgraded to 'A+'
General insurer RSA's core operating entities have been upgraded to 'A+' in recognition of the group's strong capitalisation.
RSA reports 58% increase in underwriting result to £375m
General insurer RSA reported a 58% increase in the underwriting result to £375m for the full year 2011, attributed partly to the successful growth of overseas operations.
Quinn Direct name dropped for Liberty Insurance
The new owners of Quinn Insurance have ditched the Quinn Direct brand, according to the Irish Independent.
Post Intelligence Benchmarking Financial and Professional Lines: Positive experience
The Insurance 360 Financial and Professional Lines report found standards to be high.
Penny Black's insurance week
Penny has a night at the circus
Plumeri "not satisfied" with Willis in Q4 as UK sees double digit drop
Willis has declared that it saw a double-digit decline in the Willis UK and Ireland retail business in the fourth quarter of 2011.
Seán Quinn accused of contempt of court
The Irish Bank Resolution Corporation, formerly Anglo Irish Bank, has filed contempt of court proceedings against former Quinn Insurance boss Seán Quinn, his son Seán Quinn jnr, and his nephew Peter Darragh Quinn.
Quinn could face jail time over contempt of court charges
Contempt of court proceedings have been started against Sean Quinn, former owner of Irish insurer Quinn.