Insurer
Axa can do what Catlin could not: XL CEO
An XL Group under Axa would provide the Bermuda-based specialty insurer with the scale and competitive edge that it failed to achieve from the landmark Catlin acquisition, XL’s CEO said.
Blog: Your move Allianz - impact of Axa/XL deal on P&C market worldwide
The news that Axa is to spend $15.3bn (£11.1bn) to acquire XL Group will certainly get the insurance boards around the world chattering.
Axa to buy XL for $15.3bn
Axa has entered an agreement to acquire 100% of XL Group for $15.3bn (£11.1bn).
Analysis: Women-friendly travel policies: Fair for females
As conversations around the gender pay gap or harassment at work illustrate, an increasing number of women are demanding a fairer deal. But will this extend to their insurance?
Senior director leaves in UK General restructure
Exclusive: A senior director has left UK General and further roles are at risk as the group moves to restructure its sales team.
Chubb says it shouldn't pay for Weinstein's court defence
Chubb has asked a court to recognise it does not have to provide coverage for the defence of producer Harvey Weinstein in connection to 11 sexual harassment lawsuits.
UK brokers warned over unrated insurers following action on Danish carrier
Brokers have again been warned against using unrated carriers following solvency difficulties at Danish carrier Alpha Insurance.
Axa to launch multiple lines through insurtech Brolly
Exclusive: Axa is planning to provide multiple lines through Brolly following a tie-up with the insurtech.
Hastings confident of continued growth following strong results
Hastings is confident it will reach three million customers during 2019 following strong 2017 results.
Julie Page to take over as Aon UK CEO
Aon UK has promoted Julie Page as its new CEO and chosen Dominic Christian as global chairman of Aon Benfield.
Penny Black's Social media roundup for March 2018
Music and mental health plus piazzas and pancakes
Analysis: How insurtechs are striking gold with private equity investors
Why is private equity the primary investor in insurtech?
XL Catlin's Tania Bensoussan-Arthur on the new trends grabbing the kidnap and ransom market
As demand for kidnap and ransom insurance is rising in France, Tania Bensoussan-Arthur, underwriting manager – specialty, France at XL Catlin, explains why coverage needs to be tailored the buyer's needs.
Admiral applies for post-Brexit base in Spain
Admiral will aim to open a post-Brexit subsidiary in Spain, the company announced, as it reported a 43% increase in its pre-tax profit last year.
Obituary: Stephen Fitzgerald, former DA Constable MD
Liability insurance heavyweight Stephen Fitzgerald passed away yesterday after a long battle against cancer.
Editor's comment: Media matters
My name is Stephanie Denton and I am a social media voyeur.
Interview: Romaney O'Malley, AIG
AIG head of UK regions Romaney O’Malley has been heading the group’s industrial segment since June 2016. She explains to Will Kirkman how the insurer is reshaping its approach to risk and fostering its female talent
Direct Line signs Volkswagen deal as profit climbs 51%
Direct Line has signed a deal with Volkswagen to provide insurance cover to its brands at a time when the motor market is going through “unprecedented change”, the insures CEO has said.
Scottish government endorses ABI's efforts on diversity
The Scottish government has endorsed the Association of British Insurers' efforts on diversity across the insurance sector.
Modernisation essential to ward off emerging market threat, says Beale
Lloyd’s must continue its focus on modernisation or remain under threat from other jurisdictions, a conference heard.
PRA to look at Solvency II impact on insurers
The Prudential Regulation Authority will be working closely with the insurance industry to make sure that Solvency II requirements do not damage competition in the sector, the Association of British Insurers Annual Conference heard today.
Climate groups urge Lloyd’s to tackle coal investment
Lloyd’s of London is under pressure from climate change groups to take action on insuring and investing in coal projects and change its rules for market members.
Administrators appointed at CBL Insurance Europe
The Central Bank of Ireland has appointed an administrator for CBL Insurance Europe.
Roundtable: The pre-action protocol at 20
Over two decades ago, a quintet sat down to formulate the pre-action protocols for personal injury claims. Post gathered four [Nigel Tomkins, then of Thompsons could not make it] back together to reflect on their influence, lessons learned and the…