Insurer
RSA Europe boss ponders future of Gerling tie-up
RSA's European boss has admitted its decade-long 'strategic' association with HDI Gerling could become increasingly fraught as a result of its aggressive growth throughout the continent.
Pick of the week
IFB to move into new product areas; Stakeholders to discuss CPR rules; Hastings Direct to launch high street branch; Accident Exchange issues Autofocus proceedings; Primary Group set to axe 10% of staff
Senate Finance Committee passes health plan
The US Senate Finance Committee has passed a $829bn health plan that will overhaul the country's healthcare system.
AIG may sell $4.5bn worth of planes to ILFC CEO
AIG may sell $4.5bn worth of its ILFC planes to ILFC CEO Steven Udvar-Hazy, Bloomberg has reported.
Run off market increased by 30% in 2008
Annual KPMG report claims market is worth £37.4bn.
Ace names Derek Talbott executive vice president of international property
Ace appoints ex Aon Benfield Fac senior vice president Derek Talbott as executive vice president, international property.
PICC raises $732m
PICC Property & Casualty, China's largest non-life insurer in terms of premiums, has completed the issuance of RMB 5bn worth of ten-year subordinated bonds (circa $732m).
Aegon gets $650m boost
Dutch insurer Aegon has made $650m in regulatory capital available to its US operations by tapping future life insurance profits in a 10-year reinsurance transaction with JPMorgan Chase.
Insurance consumers increase online focus
Almost two-thirds of online insurance shoppers increase their web usage
Edge IPK and Watertrace announce London market products
Technology firm and management consultancy to offer back office solutions