Insurer
Ageas reduces Southern European exposure with EUR 4.8bn sell off
Ageas has reported that between 10 May and 21 May it has sold additional Southern European government bonds for a total amount of EUR 4.8bn (at historical/amortized cost).
Irish government to offload health insurer
The Irish Government has revealed it is to sell state-owned medical insurer VHI after injecting capital into the state owned firm.
Ageas reduces Southern European exposure with EUR 4.8bn sell off
Ageas has reported that between 10 May and 21 May it has sold additional Southern European government bonds for a total amount of EUR 4.8bn (at historical/amortized cost).
QBE opens Canada Lloyd’s office
QBE has opened an office in Toronto to service its Lloyd’s business for the Canadian commercial insurance market.
Swiss Re successfully places $150m natural catastrophe risk for Allianz
Swiss Re Capital Markets has structured and placed $150m of insurance linked securities issued by Blue Fin covering US hurricane and earthquake risk.
Aviva hires M&A director from Morgan Stanley
Aviva has appointed Jason Windsor as group strategy director, responsible for leading the strategy and M&A teams at Aviva.
Insurance Fraud Awards 2010 - call for entries
Entries for the Insurance Fraud Awards 2010 are now open. Now in their second year, these prestigious awards recognise the general insurance industry’s efforts to combat and prevent fraud and encourage the spread of best practice and excellence across…
Aviva hires M&A director from Morgan Stanley
Aviva has appointed Jason Windsor as group strategy director, responsible for leading the strategy and M&A teams at Aviva.
UK General to outsource claims
UK General Insurance has signed a new outsourcing agreement with Direct Group. Under the agreement, Direct Group will take responsibility for processing non-complex commercial and motor claims.
Halo partners with Ceta to launch car hire insurance product
Halo Insurance has partnered with Ceta Insurance to access its 4500 IFA and broker membership base as it continues their roll-out of a car hire insurance product to independent intermediaries.
Arista close to doubling GWP in 2009
Commercial lines underwriter Arista has recorded an EBITDA profit during the second half of 2009, despite an operating loss of £1.5m for the whole of 2009.
Experts warn of further Icelandic volcano disruption
Experts from the newly formed UCL Institute for Risk and Disaster Reduction today warned that with the high frequency of eruptions of Katla, an eruption in the short term is a strong possibility.
Lloyd's insurer closes in on KGM
The largest privately owned Lloyd's insurer Canopius has emerged as a leading contender to acquire up-for-sale motor underwriter KGM.
New ABI chairman outlines challenges ahead
Tim Breedon, group chief executive of Legal & General has been nominated to become the next chairman of the Association of British Insurers.
SFO drops AIG case
The Serious Fraud Office has dropped an investigation into the UK operations of AIG Financial Products.
LV loses out to Fortis over multi-million pound affinity contract
Fortis has been selected over LV to become the insurance partner of recently rebranded charity Age UK, in a multi-million pound deal.
Lloyd's insurer closes in on KGM
The largest privately owned Lloyd's insurer Canopius has emerged as a leading contender to acquire up-for-sale motor underwriter KGM.
Motor - Safety developments: Safety first and last
Thatcham is busy testing a range of new technologies that could reduce accident rates. Leigh Jackson takes a closer look at them.
Willis raids RSA for Russia and Middle East boss
Willis Group has appointed Scott Pickering CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately.
Willis raids RSA for Russia and Middle East boss
Willis Group has appointed Scott Pickering CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately.
80% of insurance industry applies for ELTO membership
Four in five EL insurance firms have applied for voluntary membership of the Employers’ Liability Tracing Office.
Lloyd’s insurer closes in on KGM acquisition as it looks to diversify book
The largest privately owned Lloyd's insurer Canopius has emerged as a leading contender to acquire up-for-sale motor underwriter KGM.
Quinn confirms number of voluntary redundancy applications exceeds target
In a statement Quinn said that the deadline for receiving ‘expressions of interest’ for voluntary redundancy has now passed and it has advised the employee representative committees it will revert to all voluntary redundancy applicants no later than 14…
Post Magazine - 27 May 2010
Subscribers to Post can now read the latest edition online as a digital interactive e-book.