Insurer
Quote Me Happy extends aggregator distribution
Quote Me Happy is extending its distribution across two more price comparison sites following its exclusive launch on Go Compare earlier this year.
S&P warns of mass insurer downgrade
Allianz, Aviva and Axa are among 15 insurers placed on negative watch by Standard and Poors.
Stable outlook for Indonesian non-life market
The outlook for Indonesia's non-life market is stable, driven by benign domestic economic conditions, sustainable demand for insurance policies, and enhanced regulatory capital requirements, according to recent report.
Swiss Re chief announces early retirement
Swiss Re’s chief executive officer Stefan Lippe is to step down in 2012, bringing his tenure as the head of the reinsurer to a premature end.
QBE gives Judy Holt Europe-wide role
Business insurer QBE has promoted UK head of broker development Judy Holt to be head of business development for European markets, based in London and Brussels.
Groupama on negative watch
Groupama and its subsidiaries have been placed on negative watch over the possible weakening of its financial profile.
Hiscox London Market achieves chartered status
Hiscox London Market business has been awarded Corporate Chartered Insurer status by the Chartered Insurance Institute.
Liberty Syndicates recruits Peter Sprent
Liberty Syndicates Management has recruited political risk and trade credit underwriter, Peter Sprent, from Ace, to lead its Global Financial Risks team.
Equistone (Barclays) sells First Assist
Mid-market private equity firm Equistone Partners Europe - previously Barclays Private Equity - has sold after-the-event insurance provider First Assist Legal Expenses for approximately £28m to Burford Capital.
Central snaps up Edinburgh brokers in £2.3m deal
Central Insurance has announced its second acquisition of the year following the takeover of Edinburgh-based Castle Cairn Insurance Brokers in a deal worth £2.3m.
Axa announce five year Avantia deal
Axa Personal Lines has secured five year deal with intermediary Avantia to underwrite non-standard household insurance.
MCE appoints IT boss
MCE Insurance has hired Richard Impett as IT manager at its Northamptonshire-based headquarters.
Fitch keeps ING Verzekeringen on negative watch
Fitch Ratings is keeping ING Verzekeringen NV and its subsidiaries on rating watch negative.
ASR operating entities 'A-' rating affirmed
Fitch has affirmed the ‘A-’ insurer financial strength rating and ‘BBB+’ long-term issuer default rating of Dutch insurers ASR Levensverzekering NV and ASR Schadeverzekering NV
Scottish storm: GAB Robins receives building damage claims
Following gales of up to 165mph recorded yesterday, GAB Robins has received a large number of storm-related claims from weather beaten Scotland, Cumbria, Lancashire and Cornwall.
Emerging markets poll
Will emerging markets continue to grow?
Fonsai misses 2011 target but cut losses by 51%
Italy’s second largest insurance company reported losses of €178.6m in the first nine months of 2011, but avoided the scale of losses that plagued it in first three quarters of 2010.
Erv Italia and TicketOne offer new ticket protection cover
Travel insurance specialist Erv Italia, has partnered entertainment ticketing service provider, Ticket One Spa, to offer a new ticket protection policy.
Final Solvency II deadline for Jan 2014
Insurers will be expected to fully comply with Solvency II by 1 January 2014, according to financial secretary to the Treasury, Mark Hoban MP.
Corfield handed MD role at Ageas Retail
Ageas Retail has confirmed the appointment of Peter Corfield as managing director of the firm’s RIAS and Castle Cover companies.
Scottish storm: Domestic insurers to bear brunt of losses
Domestic household insurers are set to take the brunt of insured losses from the Scottish storm as PwC estimates it could plunge the country’s economy £100m into the red.
Cattolica profits down €20m
Cattolica Società di Assicurazione reported net profit of €41m for the first three quarters of 2011, down €20m compared with the same period in 2010.
Incisive Media chairman joins Esure board in non-exec role
Esure Group Holdings has announced that Incisive Media chairman Dame Helen Alexander has joined the board as deputy chairman.
Axa director Mike Keating quits company
Axa’s managing director of personal lines intermediary Mike Keating has left the company.