Insurer
Uniqa sees 4.4% growth in 2011
Uniqa group as increased it premiums by 4.4% to €5.37bn (2010: €5.14bn) and in the growth markets in Eastern Europe by 6.5% €1.08bn (2010: €1,02bn).
Ace appoints international accident and health team head
Ace has appointed Craig Parfitt to head up the analytics and management information team for its accident and health business in Europe, the Middle East and Africa.
Zurich applauds request for global compliance database
Zurich has applauded Airmic's and FERMA's focus on increasing the clarity of international insurance requirements.
European insurers face ongoing capital challenges
European life and non-life insurers must make difficult strategic decisions in 2012 with the recent European sovereign downgrades adding to capital pressures, according to Ernst & Young’s new Insurance Industry outlook.
Helphire to investigate Autofocus cases
Credit hire company Helphire is to re-open and review its cases which used evidence from Autofocus with a view to making recoveries.
Polish latest nation to visit UK for fraud prevention tips
A delegation from Poland is the latest in a number of nations that has visited London to learn more about the fraud detection techniques used by the British insurance industry.
Swiss Re and Mapfre take a bigger slice of Admiral
Admiral has extended its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re into 2014.
Markel to use investment success to target further Europe expansion
Markel finance director Andy Davies has confirmed the company will seek further European acquisitions this year on top of the German buy of Anglo Underwriting already announced.
Chubb launches online system for life sciences companies
US insurer Chubb has launched an online system allowing firms undertaking clinical trials in China and Brazil to download local insurance certificates.
Reduced capacity in Asia will not affect all business lines
Despite catastrophe losses leading to reduced capacity in the Asia Pacific region, competitive rates are still possible on some lines, according to broker Marsh.
Zurich backs Airmic’s compliance database
Zurich has applauded Airmic's and FERMA's plans to develop a database of international insurance requirements
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Ex-Aon boss joins Ironshore
Former Aon boss Dennis Mahoney has joined the board of insurer Ironshore.
KBC has no plans to sell Bulgarian subsidiary
Belgium's KBC has denied claims in the local media that it plans to divest itself of Bulgarian insurance subsidiary DZI.
Aviva and Brit credit hire cases reach Court of Appeal
Seven credit hire cases involving Aviva and Brit are set to be heard in the Court of Appeal later this month, Post has learnt.
Munich Re reports €0.71bn profit despite major losses
Munich Re reported a profit of €0.71bn for 2011, despite major losses and against the backdrop of the Eurozone crisis.
Markel reports investment and GWP growth counters catastrophe claims
Markel International saw gross written premiums rise 16% to $825m for 2011 ($709m) but a combined ratio of 116% (95%) included $123m, or 18 points, from natural catastrophes compared with $17m, or 3 points, in 2010.
Penny Black’s insurance week
This week, Penny was given a taste of the exotic at the truly unique Archipelago Restaurant in the West End.
Career development: AMII names 500th CII exam pass
John Davison, of independent financial adviser Ringrose Grimsley, has become the 500th Association of Medical Insurance Intermediaries’ candidate to pass the CII/AM11 IF7 exam.
Your say: The importance of data
I was pleased to read the feature on data analytics, since this is now such an important area for the industry. The battle to win customers will soon be won or lost on how insurance brands use their data.
Interview - Bobby Gracey & Dr James Lygate: The future of forensics
Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners. The duo explain their plans for growth and diversification at IFIC.
Credit hire: Collision course
The thorny issue of credit hire continues to tax insurers — but should they be doing more to control costs?
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Government drops flood subsidy hint as Defra weathers harsh criticism
The government has hinted it is prepared to agree to some form of subsidy for flood-prone homes to enable insurers to continue to provide affordable cover.