Insurer
Travelers to take on Quinn PII
Travelers has struck an exclusive agreement with Quinn’s former broker, Prime Professions, to offer cover to sole practitioners who are no longer covered after Quinn’s departure from the market, the Law Society Gazette reports.
Game Group renews Allianz corporate partner deal
Allianz has renewed its partnership with Game Group UK to provide insurance cover for products sold at the group’s specialist stores in the UK and Ireland for another three years.
Compre announces financial restructuring
Consulting and insurance services company Compre has undergone a financial restructure to “take advantage of investment opportunities”.
Allianz names SME manager
Allianz Commercial has appointed Russell Corbould-Warren as the division’s new SME underwriting manager.
Guidewire lands IAG claims contract
Insurance technology firm Guidewire has been selected by Insurance Australia Group as the provider of its claims handling software.
Former Chartis staff join Ace
Ace UK has made two appointments to its Midlands regional management team.
Axis expands accident & health team
Axis Global Accident & Health, a division of Axis Capital Holdings has appointed Giles Allen as senior vice president, international accident & health insurance operation Global Accident & Health.
Motor insurers urged to come clean on debit fees
Motor insurance providers have been urged to clarify the direct debit fees they charge customer by Defaqto.
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
Former McKinsey insurance leader made Zurich claims chief
Zurich Financial Services has appointed Thomas Sepp to the position of chief claims officer, effective 1 September.
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
Former McKinsey insurance leader made Zurich claims chief
Zurich Financial Services has appointed Thomas Sepp to the position of chief claims officer, effective 1 September.
L&G speculation triggers share price
Shares in Legal & General have risen to a 12-month high following speculation that Zurich is eying it as a potential takeover target.
Moody's affirms Aegon rating
Moody's Investors Service affirmed the A3 senior debt and Baa2 subordinated debt ratings of Aegon and the A1 insurance financial strength ratings of Aegon's US life insurance operating companies.
L&G speculation triggers share price
Shares in Legal & General have risen to a 12-month high following speculation that Zurich is eying it as a potential takeover target.
Moody's affirms Aegon rating
Moody's Investors Service affirmed the A3 senior debt and Baa2 subordinated debt ratings of Aegon and the A1 insurance financial strength ratings of Aegon's US life insurance operating companies.
Post Magazine - 19 August 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Post in print - 19 August 2010
Post senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
European insurers resilient to stress tests
Fitch Ratings has published a report today that its stress-testing of European insurers based on their euro-zone sovereign exposures has resulted in no rating actions.
European insurers resilient to stress tests
Fitch Ratings has published a report today that its stress-testing of European insurers based on their euro-zone sovereign exposures has resulted in no rating actions.
Brit appoints Ray Cox as UK CEO
Brit Insurance has confirmed Ray Cox will succeed Peter Burrows as the chief executive officer of its UK Strategic Business Unit.
R&Q insurance profit hits £3.6m
Randall & Quilter’s income rose 52% to £16.1m in the first six months of the year (H1 2009: £10.6m).
R&Q insurance profit hits £3.6m
Randall & Quilter’s income rose 52% to £16.1m in the first six months of the year (H1 2009: £10.6m).
Penny Black's insurance week
One of Penny's colleagues met up with new Garwyn CEO Stewart McCulloch this week, and by all accounts he seems to be warming quite nicely to his new role in the claims space.