Insurer
Mapfre profits dip 4.8% as it takes €80.8m.earthquake hit
Mapfre has reported a 8.9% rise in revenues in the first quarter of 2010 to €5892.4m, and a net attributable result of €273.1m.
Equity to partner CEGA
Claims management and emergency medical assistance firm CEGA Group Services has been chosen by Equity to support its corporate travel and personal accident claims.
Mapfre Q1 results decline
Mapfre achieved in the first quarter of the year a net attributable result of €273.1m, 4.8% less than in the same period of the previous year, “as the extraordinary results obtained in 2009 by the group’s parent holding company were not repeated.”
McIntyre and Ageas name change given Fortis green light
Fortis has received overwhelming support from its shareholders for its proposed name change to Ageas.
Mapfre profits dip 4.8% as it takes €80.8m.earthquake hit
Mapfre has reported a 8.9% rise in revenues in the first quarter of 2010 to €5892.4m, and a net attributable result of €273.1m.
Mapfre Q1 results decline
Mapfre achieved in the first quarter of the year a net attributable result of €273.1m, 4.8% less than in the same period of the previous year, “as the extraordinary results obtained in 2009 by the group’s parent holding company were not repeated.”
Faster compensation for people injured in road accidents
Around half a million people injured in road accidents will receive compensation they are entitled to much more quickly under a streamlined compensation process that comes into force today, according to the Association of British Insurers.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
QBE outlines refinancing arrangement
QBE has launched an issue to institutional investors of 20 year zero coupon senior convertible securities raising $850m ($1.31bn).
Fortis extends self-employed offering
Fortis has revamped its liability product for the self-employed. Semploy Extra, which has been launched following a comprehensive review of its existing Semploy offering, will be available for new and existing clients from 31 May.
The TV leader's debate on the economy - who won?
Last night the three main political leader's debated the economy live on the BBC.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
PCI weighs in on Senate regulatory reform debate
The Property Casualty Insurers Association of America (PCI) has voiced concerns over the reform of payments into resolution funds.
Insurer to open Malta office
ALC Health is to open an office in Malta as it continues its expansion plans across Europe.
Fitch upgrades Zurich to stable
Rating agency Fitch has upgraded Zurich Insurance Company’s outlook from negative to stable.
Post has gone digital
Post Magazine has invested in a new digital, interactive version of the weekly magazine for its subscribers.
Post Magazine 29 April 2010
Highlights from this week’s digital and interactive issue of Post include Jonathan Swift’s interview with Mike Webb, EMEA regional director at Modial Assistance, to try and find out more about the impact of Eyjafjallajökull, and how it will impact on the…
CFC reports 28% rise in gross premium income
CFC has announced a 28% rise in gross premium income on 2008, taking it to £29.8 million. The specialist lines underwriting agency also revealed operating profit increased by 41% to £2.39 million.
Novae gross premiums up 48% in first quarter
(Re)insurer Novae, says its gross written premium for the first three months of 2010 hit £167.2m, up 48% on last year's £113.1m.
Ace Q1 net income up 33%
Ace has reported its net income is up in Q1, but its combined ratio has also risen following heavy catastrophe losses.
Halo partners with Keychoice Network to launch car hire insurance product
Halo Insurance has partnered with Keychoice Network to access its 890 membership base as it looks to deliver a car hire insurance product to independent intermediaries.