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Penny black's insurance week

Penny was fortunate to go along with a host of insurers and brokers to the Prince's Trust Celebrate Success Awards at The Odeon Leicester Square this week, as part of its Insurance Leadership Group.

CII calls for focus on trust

The Chartered Insurance Institute has called for financial services companies to make more effort at trying to improve public trust in the sector.

IGI retains IIP status

IGI Legal Assist will retain its Investors in People status after successfully meeting the required standard for the third time running.

Chubb dressed for success

Chubb Insurance's European learning and development manager Lynn Twinn attended a reception at Downing Street last week, to celebrate the 10th birthday of charity Dress for Success.

Amlin bolstered by acquisition return

Amlin's acquisition of Fortis group's Benelux-based corporate insurance operations contributed to the Lloyd's insurer reporting a record pre-tax profit of £509.1m in 2009 — up from £121.6m in 2008.

Allianz ups motor rates by 24% in 2009

Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.

Admiral: no sacred cows

Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.

RBSI catches a claims "cold"

Royal Bank of Scotland Insurance has reported its first ever quarterly loss during the last three months of 2009, blaming the "industry phenomenon" of the UK claims environment for a £170m hit.

Former AIG boss unveils start-up

A personal lines underwriting agency, Halo Insurance, has been launched by AIG's former personal lines boss. It aims to provide niche products for the wholesale and retail markets.

Industry challenged to meet 2013 deadline

By December 2013, every single UK broker and insurer will exceed a minimum threshold in terms of the number of their staff qualified to advanced diploma level. That is the vision of the Insurance Profession Task Force that has today unveiled the…

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