Insurer
Axa benefits from Swiftcover ad campaign
Swiftcover ads deemed a success.
Lloyds TSB pilot to trial in-house loss adjusting
GI FD Steve Hughes outlined 16 week pilot.
Aviva takes "flexible" approach to rate rises
CEO Igal Mayer linked 21% drop in GI sakes to economy.
Maso ready to sacrifice business in rates drive
Philippe Maso: prepared to lose up to 15% of commercial book.
AIG strikes deal to sell Hong Kong finance operations
AIG has struck deals to sell its Hong Kong consumer finance and India-based IT services units, in its continued bid to raise cash to repay more than $80 billion in bailout loans.
Pick of the week
Axa to shed commercial business; Coversure to grow affinity business; Hubbard to join UK General; LloydsTSB starts loss-adjusting pilot; IAG close to HSBC deal.
Lloyd’s A+ rating reaffirmed
Standard and Poor’s leave Lloyd’s rating unchanged
Berkshire Hathaway to write more casualty business
Buffett’s Berkshire Hathaway is willing to sell more insurance for natural disasters but may be held back by falling prices
Bupa reports flat UK PMI growth
Price increases offset loss of policyholders
Former Axa boss Hubbard takes new board position
Peter Hubbard to join UK General board.
Liddy departs AIG
"I had no idea what I was in for when I accepted this assignment," admits Liddy in parting letter to staff.
RSA appoints Brown's replacement
The insurer has appointed Christian Torkington to the role of UK COO.
Fortis joins Home & Legacy home panel
Fortis to underwrite Home & Legacy's Prestige Home offering.
Insolvency rise fails to impact PI rates
Accountants' and auditors' PI remains soft.
Markel takes on QBE deputy as specie underwriter
Robert Ashby joins after six years at the Australian insurance giant.
Groupama appoints new motor boss
Insurer names Andrew Fletcher as new head of motor
Payment percentage for creditors increased by 2%
Joint scheme administrator announces further increase to payment percentage
AIG net income jumps
AIG reports net income jump for second quarter of the year.
Allianz Group's operating profits fall
Allianz Group's operating profits down to €3.2bn
RBSI's operating profit tumbles by 28%
Royal Bank of Scotland Insurance has announced a £83m decline in operating profit to £217m for the first half of 2009
AIG appoints new chairman
AIG appoints Harvey Golub as its non-executive chairman as Edward Liddy hangs up the reins of the struggling insurer.