Insurer
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Allianz supply boss to head group project
Dane Loosley, Allianz’s divisional claims manager supply and expert management, has been recruited to lead a supply and procurement project for Allianz SE.
Insurers could cover part of €600m Quinn levy burden
The Central Bank is considering applying the Quinn Insurance levy to the international sales of Irish-regulated insurers, potentially reducing the demand on Irish policyholders to as little as €200m, according to the Irish Independent.
Generali Q1 net profits up 16.8% to €616m
Italian insurer Generali has closed the first quarter of the year with strong growth in net profit to €616m (Q1 2010: €527m), driven operating profits in all three businesses: life, non-life and asset management.
Generali Q1 net profits up 16.8% to €616m
Italian insurer Generali has closed the first quarter of the year with strong growth in net profit to €616m (Q1 2010: €527m), driven operating profits in all three businesses: life, non-life and asset management.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Exclusive IFRS and digital content now available on Post Europe
Post Europe’s weekly update is now live with an article on how The International Accounting Standards Board’s draft standard for the valuation of insurance liabilities will affect the market; and a View from The Top on how the Netherlands’ trading…
Europe: Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Post Europe: Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.
Ship owners facing increasing risks over charterers’ default
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy.
Dutch trading history paves the way for digital revolution
The Netherlands, one of the oldest established commercial and industrial insurance markets, is taking the lead in the digital transformation of the industry.
Insurance accounting rules and the impact on small insurers
The International Accounting Standards Board has finally issued a draft standard for the valuation of insurance liabilities, however, as Martin LePelley explains this may cause more problems than offer solutions.
Spain hit by two earthquakes in two hours
Two moderate earthquakes struck southeast Spain in less than two hours yesterday, shaking the popular tourist region of Murcia and killing eight.
Spain hit by two earthquakes in two hours
Two moderate earthquakes struck southeast Spain in less than two hours yesterday, shaking the popular tourist region of Murcia and killing eight.
Two FSA decision notices referred to the tribunal
The Financial Services Authority has for the first time, published two decision notices for enforcement decisions that have been referred to the Upper Tribunal.
Biba 2011: Video – Biba Today: regulatory reform - views from Biba 2011
As the British Insurance Brokers' Association conference enters its second day, Post and Insurance Age catch up with delegates after a night of festivities in Manchester.
Biba 2011: Video – Biba Today: reflecting on day one
As the British Insurance Brokers' Association conference in Manchester continues, Post and Insurance Age reflect again on the first day.
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Sampo Group entities' outlook revised
Fitch Ratings has revised the outlook to stable on Sampo Group's main entities, including the Finnish life insurer Mandatum Life Insurance Company, the Swedish entities of If non-life insurance group and the ultimate holding company of the Sampo Group,…
Insurers accused of "milking" motorists
A Birmingham MP has accused the insurance industry of “milking the motorist” by excessively charging for car insurance.
European investors see Solvency II hurting corporate debt
Half of investors expect Solvency II to have a negative impact on the demand for corporate debt, a survey has found.
Aon expands Irish operations with risk consulting practice
Aon Risk Solutions is expanding its presence in Ireland, with the opening of a branch of its global risk consulting business.
Biba 2011: Cyber insurance to “be worth more than D&O and P&L combined”
Graeme Newman, business development director at underwriting agency CFC, has predicted the rise of cyber insurance, as cyber-related crime and scandal hit the national headlines.
Allianz "operating improvements" offset catastrophe losses in Q1
Allianz this morning reported group quarterly revenue of €29.9bn - 2.2% below the record level of €30.6bn in the first quarter of 2010.