Insurer
The Post Europe Interview: Petko Tonchev
Petko Tonchev, general manager for Central and Eastern Europe for QBE European Operations, answers Post Europe’s questions.
After the Cancun climate summit: Will global action follow?
At the recent United Nations’ climate conference in Cancun, nations came together to discuss environmental plans. David Bresch explains what happened in Cancun and what the new consensus means for the insurance industry.
Post Europe: After the Cancun climate summit: Will global action follow?
At the recent United Nations’ climate conference in Cancun, nations came together to discuss environmental plans. David Bresch explains what happened in Cancun and what the new consensus means for the insurance industry.
Shipping body softens stance on private anti-pirate armies
The International Union of Marine Insurance has welcomed the announcement by the International Chamber of Shipping that it is now taking a more neutral position on the use of private armed security personnel on board ships to protect them from pirates.
Ageas strengthens commercial broker team
Ageas has appointed three new broker account executives to cover the North east, East and West Midlands, and South west.
CFC sees operating profit rise 26%
Specialist lines MGA, CFC has recorded a gross premium income rise to £36 million for the year ending September 2010.
Fitch revises Aviva's outlook to stable
Fitch Ratings has revised Aviva’s outlook to stable from negative and affirmed its long-term issuer default rating at 'A'.
Fitch revises Aviva's outlook to stable
Fitch Ratings has revised Aviva’s outlook to stable from negative and affirmed its long-term issuer default rating at 'A'.
Mitsui strengthens Lloyd’s team
Mitsui Sumitomo at Lloyd’s has made five appointments to it’s corporate, mid-market and regional distribution teams.
Chartis names new head of UK operations
Chartis has named Kate Roy head of UK operations. Ms Roy’s remit will include delivering a consistent approach across the different operational functions in the UK, as well as leading the service proposition and driving operational compliance.
Lloyd's to be dual-regulated by PRA and FCA under new financial regime
The Government today outlined its view that Lloyd’s and Lloyd’s managing agents should be dual-regulated firms with the Prudential Regulatory Authority responsible for prudential regulation (including the activities of ensuring the adequacy of members’…
Government admits insurance firms pose less "systemic" risk
In outlining its plans for the replacement of the Financial Services Authority today the Government has given the strongest sign yet that it will differentiate between the insurance industry and other higher risk sectors.
Achilles lowers Brit deal acceptance threshold
Achilles offer for Brit Insurance has been declared unconditional after the private equity consortium lowered the threshold for acceptance on its offer from 95% to 80% of issued share capital.
More details published on regulatory regime
A new approach to financial regulation: building a stronger system provides further detail on the government’s proposals to reform the framework of financial regulation in the UK.
Towergate secures bid to insure NICEIC
Following a tender process in 2010, Towergate has been appointed to provide insurance services to NICEIC, the UK electrical contracting industry’s independent voluntary accreditation and regulatory body.
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Government rebrands broker regulator before launch
The government is to rename the Consumer Protection and Markets Authority as the Financial Conduct Authority and give it the power to ban products or limit their distribution for up to 12 months.
“Augmented reality” campaign for Aviva brokers
Marketing agency Balloon Dog has provided Aviva with an augmented reality campaign designed to raise awareness of the insurer’s product offering in the technology sector.
Parliament debates mutual model
Labour MP Gareth Thomas has called for the government to honour pledges to support the development of the mutual financial model in the UK in a debate in Parliament today.
Axa UK earnings fall to £131m
Axa UK’s earnings fell to £131m (2009: £235m) in 2010.
The professionalism push: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute talks to Jonathan Swift about the challenges and opportunities facing the general insurance industry in its quest to embrace professionalism.
Egypt could have bright insurance future
The future of the insurance market in Egypt depends on smooth transition to a new political landscape, according to Cunningham Lindsey.
LV branch manager set for return to broking
LV's Manchester branch manager Roger Scholes is set to leave the insurer to join JLT.