ERS
Argo announces $30m share repurchase
The Argo Group has announced that it has entered into an accelerated share repurchase agreement with Goldman Sachs for $17.5 m of its common stock.
IAG UK profit cut on back of reserve strengthening
The UK business recorded a $24m insurance profit on A$406m of gross written premium for the six months ended 31 December 2009.
Roundtable: Online product delivery - Rise of the machines
The internet has had an enormous impact on the insurance industry, Post hosted a roundtable to find out its influence on product delivery. Stephanie Denton reports.
IAG bullish despite Equity's margins being squeezed in the UK
Australian insurance giant expects to report a half year insurance profit of $488m (1H09: $227m), representing an improved insurance margin of 13.4% (1H09: 6.2%).
Arista to widen product range
Commercial lines underwriter Arista has said it is on target to achieve a consistent trading profit from the first quarter of the year, despite tough trading conditions.
Torridon’s £5.48m offer for LitComp unconditional
LitComp gain access to £200m of managed capital resources.
Motor rivals quiet as Zurich outlines 20% hike proposal
Zurich's new general insurance chief executive has claimed the UK has usurped the US as the litigation heartland of the world — on the eve of introducing 20% hikes in its personal lines motor rates.
Equity revamps personal accident policy
Product updated in response to Rospa figures
Bike Team to partner Rospa
Broker signs deal to cover advanced motorcyclists
Equity Direct Broking appoints new MD
Former sales director given promotion
IAG attracts new CFO from Highway
Former Equity finance director Andrew Gibson joins insurer
Equity underwriting team joins Novae
Stuart Heath joins Novae after 23 years at Equity Red Star
Equity Red Star opens Manchester office
Lloyd’s syndicate hopes to extend regional offering
IAG reports £91m profit
"Solid performance" by Equity added to return to profit.