Bancassurance
Aviva wins TSB tender; Gallagher Re to recruit 40; Pine Walk Capital launches MGA; and Beazley launches Crypto Guard
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Interview: Craig Thornton, Lloyds Banking Group and ABI
In June, Craig Thornton, general insurance and protection director at Lloyds Banking Group, was announced as the chair of the Association of British Insurers’ General Insurance Council, replacing Andy Watson as he stood down as CEO of Ageas UK.
Analysis: Beirut blast – cost of humanitarian crisis could top $10bn
The explosion in Beirut, Lebanon at around 6pm local time on Tuesday 4 August tragically killed at least 157 people and wounded another 5000, with more than a hundred still missing as rescue efforts continue.
Q&A: Churchill founder and former chairman and CEO Martin Long
To tie in with his deep dive into the birth of the UK direct insurance market, Jonathan Swift caught up with Direct Line co-founder and Churchill founder and former chairman and CEO Martin Long to talk about the birth and growth of both companies, their…
Tesco to buy out Ageas from insurance joint venture
Exclusive: Tesco has notified the Ageas UK board that it is likely to end its decade long home and motor insurance relationship next year, Post understands.
Blog: Open banking offers a new insurance distribution channel
Some might have already labelled it a failure but open banking will continue to evolve and insurers should sit up and take notice. That is the view of The Marketing Eye's Neil Edwards, who believes these platforms could eliminate form filling and make…
$1.7bn fintech bank Revolut to launch new insurance products after closing Series C funding
Fintech banking start-up Revolut has outlined plans to launch further insurance products after closing its latest funding round, raising $250m (£181.6m) to become Europe's latest tech unicorn.
Koh Wei Lee takes on bancassurance for Chubb in Singapore
Chubb's head of accident and health for Singapore has taken on the responsibility for bancassurance.
Russia: Rosgosstrakh debacle sees increased government involvement in insurance
Government involvement in the Russian insurance sector is increasing as the country's largest private bank was placed under administration after acquiring failing insurer Rosgosstrakh.
Chubb signs Asia distribution agreement with DBS
Global P&C insurer Chubb has signed a 15 year bancassurance agreement with Singapore-based bank DBS.
Top 30 European Insurers 2017 Ranking: A mixed year for insurers
Market conditions for European insurers are extremely challenging, with companies facing a wide range of difficulties. Some have had to restructure their books of business because of poor results in the past, although their ability to turn around…
Legal & General and Skipton launch home tie-up
Skipton Building Society has started selling home insurance products developed through a partnership with Legal & General.
Allianz and Standard Chartered enter Asia GI partnership
Following a competitive tender Allianz and Standard Chartered have agreed a 15 year five country general insurance bancassurance partnership in Asia.
QBE hires Teixeira for bancassurance and emerging markets' roles
Australian giant QBE has hired Marcelo Teixeira in a dual role.
Assurant launches same day handset replacement so customers can ‘reconnect’ within hours
Assurant Solutions customers whose mobile phones are lost or stolen will be able to get a replacement handset delivered the same day following the launch of same day delivery offer to UK bank clients.
Analysis: Asia's high growth markets
Insurers see high growth potential in several large countries across Asia but caution is needed. Nicky Burridge explains.
Allianz's Asia-Pacific profit recovers
Allianz's operating profit in Asia-Pacific climbed 17% to €429m (£309m) last year compared with 2013.
Finaccord finds large bancassurance gap in China
Market research group Finaccord finds 54 out of 108 banks researched in China do not offer bancassurance.
Reserve Bank of India confirms bank broker rules
Banks wanting to take up insurance broking have been given the green light by the Reserve Bank of India after legislation passed in 2013.
60% of Asia-Pacific banks offer home insurance
Independent research shows life insurance is most popular bancasurrance product in Asia-Pacific across 17 countries.
Insurers seek to replace Aviva at major Singapore bank
At least five insurers are attempting to win a contract to sell insurance and wealth management products to Singapore bank DBS's clients.