Insurer
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
Fitch has negative outlook for Russian insurer
Fitch has affirmed OJSC Rossiya Insurance Company's Insurer Financial Strength (IFS) rating at 'B-' and national IFS ratings at 'BB-(rus)' and removed the ratings from rating watch negative. The outlook for both ratings is negative.
XL names new global treasurer
XL Insurance has appointed corporate controller Simon Rich as senior vice president, global treasurer.
Allianz launches Your Cover on Moneysupermarket
Allianz Insurance has launched its new online only car insurance Your Cover on comparison site Moneysupermarket
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
Aviva renews Italian bancassurance deal
Aviva and UBI Banca, the fifth largest banking group in Italy, have announced the renewal of a strategic partnership until the end of 2015.
XL issues roof collapse warning
Insurer XL has warned businesses to reconsider their adverse weather risk management plans as snow continues to wreak havoc across the UK.
Giles CEO hails "industry leading margin" as earnings fall 13%
The Giles Group has reported that its turnover and EBITDA (excluding non recurring items) both decreased for the year ended 31 August 2010.
Brit appoints PI underwriter
Brit Insurance has named Mark Figes as class underwriter for its international professional indemnity division.
Conservative Party: no estimate exists for properties at risk of flooding
The Parliamentary Under Secretary of State (Natural Environment and Fisheries), Environment, Food and Rural Affairs has admitted that no figure exists as to how many properties are at risk if the insurance industry withdraws from the statement of…
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
Zurich enters into general insurance distribution deal with Fortis
Zurich's Turkish subsidiary, Zurich Sigorta has signed an agreement with Fortis Bank AS for the exclusive distribution of general insurance products through Fortis in Turkey.
MMC boss Duperreault acclaimed as Insurance Hall of Fame winner
The International Insurance Society has announced Brian Duperreault, president and CEO, Marsh & McLennan, USA, as the 2011 Insurance Hall of Fame winner.
One in three businesses unsure of extent of cover
Some 34% of businesses are unclear if their insurance would cover every eventuality should they need to make a claim, research from Allianz has revealed.
Highlands policyholders receive full payout
Highlands Insurance Company UK direct policyholders have had their claims paid following the company’s administration in 2007.
Axa and Complectus launch glass insurance product
Insurer Axa and claims firm Complectus have developed a new glass insurance product for HGVs, LCVs and cars.
Jackson's “grotesque” comment highlights the flaws in his own proposals for reform
Comments made by Lord Justice Jackson in his judgment in the Court of Appeal case of Pankhurst v. White, highlighted the fact that, if Jackson’s own proposals were adopted, solicitors would be entitled to deduct up to 25% of a claimant’s damages,…
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
FSA fines hit record high
The Financial Services Authority handed down a record-breaking £88.4m in fines in 2010 (to 20 December).
Capita lands Virgin Money contract
Capita Insurance Distribution has agreed a five-year contract to deliver the administration of home and motor policies for Virgin Money.
National Grid director joins Ecclesiastical board
Ecclesiastical Insurance Group has appointed Denise Wilson to its board as a non-executive director.