Insurer
Groupama downgrade poll results
Find out what the market voted for on Fitch's downgrade of Groupama.
Allianz set for £25m riot claims exposure
Allianz is the first insurer to give an estimate for its exposure to the riots that have taken place in London and across the UK.
Groupama names new legal counsel
Former Towergate employee Andrew Hunter has been appointed group legal counsel for Groupama Insurances and company secretary for Groupama’s GUK Broking Services subsidiary.
Allianz insures riot victim JD Sports
Allianz have confirmed it insures JD Sports, the sports fashion and trainers retailer widely looted throughout the UK during the four days of rioting.
Oamps appoints wholesale director after business revamp
Australian insurance broker Oamps has named Ros Bayley wholesale director following a business restructure.
Ace appoints accident and health team from Marsh, Chartis and Aon
Ace European Group has appointed three new additions to its accident and health team.
Short selling of insurance stocks banned in four EU countries
France, Spain, Italy and Belgium have imposed bans on short-selling on bank and insurance stocks to stabilize markets.
Allianz’s COR increases to 96.1%
Allianz’s combined written ratio has depreciated slightly to 96.2% (2010 - 95.3%) for its 2011 half year results.
Deacon appoints landlord to business development manager role
Insurance broker Deacon has appointed Will Gentle to the role of business development manager.
Quote Devil sets up helpline to help Travelers' motor customers
Dublin-based insurance broker Quote Devil has set up a dedicated consumer help-line to offer assistance to worried customers of Travelers Motor Insurance after the American company announced it is withdrawing from the market.
RSA insurer for Sony Warehouse building
RSA is the insurer for the Sony Warehouse building in Enfield which was destroyed by fire during the riots on 8 August, Post understands.
Aviva accounts head jailed for expenses fraud
The head of accounts manager at Aviva's York has been jailed for four months and sacked after being found guilty of expenses.
Post Blog: The true value of awards
What's the value in winning an industry award?
Irish firm offers smartphone security package
Irish firm You Get It Back has teamed up with American retailer Best Buy to offer a security package for mobile devices such as smartphones and tablets.
Infrassure Switzerland and Liechtenstein sees capitalisation remain strong
AM Best has affirmed the financial strength ratings of A- Excellent) and the issuer credit ratings of “a-” of Infrassure(Switzerland) and its affiliate, Infrassure Vaduz (Liechtenstein). The outlook for all ratings remains stable.
Industry welcomes riot claims period extension
The insurance industry has welcomed the Prime Minister's decision to agree to extend the period for policyholders to lodge claims from 14 to 42 days under the Riot Damages Act.
Axa Commercial targets record £1.2bn GWP by 2015
Outlining Axa’s strategy for the commercial lines business, CEO Amanda Blanc said that it aims to have a combined opertaing ratio of 95% by 2015.
Bupa sees improved European performance in H1
Healthcare provider Bupa has reported half year revenue for Europe and North America of £1,464.4m, which contributed 37% to the group revenues of £3,929m.
Zurich UK warns of commercial lines 'market correction' if rates do not rise
Zurich UK says raising personal line premiums by 18% for the past two years and commercial rates by 3% helped it to a half year operating profit of £71m, up £8m or 13% on the same period last year.
Kiln 2010 account affected by catastrophes
R J Kiln & Co, part of the Tokio Marine Group, has released updated forecasts for the 2009 and 2010 years of account.
Innovation Group lands RBS £40m subsidence contract in insurer first
Innovation Group has landed the first subsidence claims contract with RBSI since the insurer stopped using a panel of suppliers.
Rapid growth sees Kazakhstan's Nomad Insurance assigned 'B-' rating
Fitch Ratings has assigned JBC Insurance Company Nomad Insurance an insurer financial strength rating of 'B-' and a national IFS rating of 'BB-(kaz)'.
Zurich results show a solid performance
Swiss insurer Zurich has announced a half year operating profit 7% down on 2010 at £2.1bn but said its second quarter was 7% up at $1.3bn.
Riot Damages Act enforced even if uninsured - deadline extended
Prime Minster David Cameron has announced that the period for claims to be lodged under the Riot Damages Act has been extended from 14 to 42 days.