Insurer
Aegon repays one third of capital back to Government
It saw an underlying earnings before tax of Euro 427m and net income of Euro 393m, due to what it described as improved earnings, realized gains on investments and lower impairments.
ARAG continues recruitment drive
ARAG UK has made three new appointments, including James Morgan, who joins the underwriting team from Alico UK as ATE assistant underwriter.
Bond Pearce appoints new commercial insurance partner
Richard Dedman will join the firm from Barlow Lyde & Gilbert, where he was Senior Partner.
ABI backs government asbestos plans
The Association of British Insurers has backed Justice Secretary Jack Straw’s package of measures for people with asbestos-related diseases.
PwC appoints Islamic finance head
PricewaterhouseCoopers has appointed Takaful expert Mohammad Khan as its new UK Islamic finance leader.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Ansvar appoints new sales director
Ansvar insurance has appointed Richard Lane into the newly created position of sales director.
Thompsons' mixed reaction to government's asbestos decision
Thompsons Solicitors has expressed disappointment at the decision not to restore compensation for people with pleural plaques in England & Wales.
Allianz GI arm reports a drop in 28% drop in operating profit
The two biggest drivers were a decline of 0.6bn euros in operating investment income and an underwriting result which was down 0.7 bn euros.
Allianz GI arm reports a drop in 28% drop in operating profit
The two biggest drivers were a decline of 0.6bn euros in operating investment income and an underwriting result which was down 0.7 bn euros.
Chartis forms captive practice group
Chartis UK has established a captive practice group to assist clients in dealing with current issues in the captive environment.
Asbestos bill reaches Lords committee stage
Baroness Quin’s private members Asbestos Bill – calling for the reinstatement of damages for asbestos-related pleural plaques – will reach the committee stage at the House of Lords next month.
Complaints against insurers revealed
Lloyds TSB Bank received more complaints relating to general insurance than any other financial services company in the second half 2009.
IAG UK profit cut on back of reserve strengthening
The UK business recorded a $24m insurance profit on A$406m of gross written premium for the six months ended 31 December 2009.
Capita turnover increases 10%
Capita has reported an increase in turnover of 10% to £2.69bn (2008: £2.44bn). Underlying profit rose by 11% to £357.7m (2008: £320.9m) and underlying profit before taxation increased by 17% to £325.1m (2008: £277.2m).
RBSI profits slump by over £500m to £58m in 2009
CEO Paul Geddes described 2009 as "exceptionally challenging"
RSA bullish despite 10% fall in operating profit
CEO Andy Haste hails progress in emerging markets and international arms.
RSA bullish despite 10% fall in operating profit
CEO Andy Haste hails progress in emerging markets and international arms.
Looking Back - Recall costs could reach the billions
Insurers will not foot the bill for the biggest product recall in UK history — but the cost of paying out on related policies, defending claims and establishing liability, could reach billions of pounds.
Looking Back - UN to play key role in development
The United Nations has a key role to play in the development of insurance in developing countries.
Penny black's insurance week
Penny was out and about with Hastings CEO Edward Fitzmaurice this week, and one couldn't help but be surprised by his music taste. After a discussion of the fine arts — and not so fine arts — something of a revelation occurred. Among the standard…
Total Objects director aims for North Pole
A director at insurance software solutions provider Total Objects is preparing to trek to the North Pole to raise money for the Coins Foundation charity
Groupama launches three-year talent plan
Groupama Insurances has launched a corporate initiative to drive talent within the company with the appointment of a new talent and resourcing manager.