Insurer
Axa announce five year Avantia deal
Axa Personal Lines has secured five year deal with intermediary Avantia to underwrite non-standard household insurance.
MCE appoints IT boss
MCE Insurance has hired Richard Impett as IT manager at its Northamptonshire-based headquarters.
Fitch keeps ING Verzekeringen on negative watch
Fitch Ratings is keeping ING Verzekeringen NV and its subsidiaries on rating watch negative.
ASR operating entities 'A-' rating affirmed
Fitch has affirmed the ‘A-’ insurer financial strength rating and ‘BBB+’ long-term issuer default rating of Dutch insurers ASR Levensverzekering NV and ASR Schadeverzekering NV
Scottish storm: GAB Robins receives building damage claims
Following gales of up to 165mph recorded yesterday, GAB Robins has received a large number of storm-related claims from weather beaten Scotland, Cumbria, Lancashire and Cornwall.
Emerging markets poll
Will emerging markets continue to grow?
Fonsai misses 2011 target but cut losses by 51%
Italy’s second largest insurance company reported losses of €178.6m in the first nine months of 2011, but avoided the scale of losses that plagued it in first three quarters of 2010.
Erv Italia and TicketOne offer new ticket protection cover
Travel insurance specialist Erv Italia, has partnered entertainment ticketing service provider, Ticket One Spa, to offer a new ticket protection policy.
Final Solvency II deadline for Jan 2014
Insurers will be expected to fully comply with Solvency II by 1 January 2014, according to financial secretary to the Treasury, Mark Hoban MP.
Corfield handed MD role at Ageas Retail
Ageas Retail has confirmed the appointment of Peter Corfield as managing director of the firm’s RIAS and Castle Cover companies.
Scottish storm: Domestic insurers to bear brunt of losses
Domestic household insurers are set to take the brunt of insured losses from the Scottish storm as PwC estimates it could plunge the country’s economy £100m into the red.
Cattolica profits down €20m
Cattolica Società di Assicurazione reported net profit of €41m for the first three quarters of 2011, down €20m compared with the same period in 2010.
Incisive Media chairman joins Esure board in non-exec role
Esure Group Holdings has announced that Incisive Media chairman Dame Helen Alexander has joined the board as deputy chairman.
Axa director Mike Keating quits company
Axa’s managing director of personal lines intermediary Mike Keating has left the company.
Ecclesiastical gains credit management approval
Ecclesiastical claims to have become the first insurer in the UK to be awarded the Quality in Credit Management accreditation.
Allianz expands offshore energy
Allianz Global Corporate & Specialty has appointed Pete Connors as offshore energy global product leader with effect from January 3, 2012.
AGCS expands energy team
Allianz Global Corporate & Specialty (AGCS) has appointed Pete Connors as offshore energy global product leader with effect from 3 January 2012.
Gender ruling poses both 'opportunity and threat'
Deloitte has warned industry leaders that the introduction of rules banning the use of gender as a pricing factor could have a “huge effect” on premiums for a wide range of policies.
OFT refers private healthcare market to Competition Commission
The Office of Fair Trading has decided to refer the market for privately funded healthcare services in the UK for further investigation by the Competition Commission.
NI to bring pleural plaques legislation
New legislation is to be introduced in Northern Ireland next week allowing pleural plaques sufferers to claim compensation.
FUW signs up to Broker Network
Bosses at the Farmers Union of Wales Insurance Services have today revealed the group has signed up to become a member of Broker Network.
Payment protection insurance thrives in Europe
Payment protection insurance is an expanding market in much of Europe, despite issues in the UK market, according to a report.
Test Achats prompts gender consultation
The government has issued a consultation document on how insurers can use gender as a risk factor in the light of the European Court of Justice Test Achats ruling in March.
Skuld sees 13% premium growth at Q3
Norwegian maritime insurer Skuld continued to grow in the third quarter, with a 13% increase in premium income year on year.