Insurer
Aviva UK GI business sees profit up as premiums fall in challenging market
For the six month period to 30 June 2008, Aviva has reported that its UK general insurance profits increased to £305m (2007: £269m), despite what it described as a continuation of the challenging market conditions seen throughout 2007.
Small businesses continue to boom despite credit crunch, according to survey
Despite the credit crunch more than half (52%) of small business owners in the UK say they have no intention of limiting their expansion plans, a survey reveals.
Aon adds to UK board
Aon has appointed Mark Chessher to the position of CFO of Aon and Aon Risk Services.
Mark Collier joins Frontline
Mark Collier is leaving his position as managing director of Provident Insurance after seven years, to take up an equivalent position at BGL Group.
Schmalzriedt appointed chairman of Willis Re
Willis Re has appointed Gary Schmalzriedt as chairman with immediate effect.
Aviva sells Indian BPO offering
WNS acquired all of the shares of Aviva Global Services, its business process offshoring company in India and Sri Lanka which provides back office and contact centre support for Norwich Union in the UK. The deak is worth £115m to the UK insurance group.
Zurich pulls out of RBSI bidding
Zurich Financial Services Group has confirmed today that it has been considering making a bid for the insurance business of Royal Bank of Scotland and has carried out a detailed review of the opportunities.
Nature lovers
Royal Bank of Scotland Insurance staff have gone back to nature to restore woodland at a bird reserv...
Marsh boosts renewable energy team
Marsh has made several appointments in its renewable energy practice in London.
Ex-AIG chief Sullivan resigns from board of Transatlantic Holdings
Transatlantic Holdings, the US reinsurer, has said that its chairman Martin Sullivan, has resigned from the Board, effective today.
Cullum admits Norwich City takeover plan
Towergate chairman Peter Cullum has confirmed the long running speculation that he is prepared to invest in Norwich City.
Ace Global Markets appoints Shaw as new chief underwriting officer
Ace has appointed Matthew Shaw as chief underwriting operator for its global markets division. Mr Shaw will also assume the position of chairman for Ace Tempest Re Europe.
Aviva reveals new chief risk officer
Aviva has appointed Jim Webber as its group chief risk officer.
Heath Lambert agrees to release employees
Heath Lambert has announced that it has agreed to release, for an undisclosed sum, certain employees within its international wholesale division global business solutions, from their contractual restrictions to go to Arthur J Gallagher International.
RBSI boss fails to take up full options
Royal Bank of Scotland Insurance chief executive Chris Sullivan took up less than his full entitlement to buy new stock in the parent's £12.3bn rights offer.
Accident Claims Scotland launches policy for Scottish market
Scottish Accident Management and Credit Hire specialists, Accident Claims Scotland, launched their newest product – a legal expenses policy specifically underwritten for the Scottish motorist.
Brash bosses get the finger
It might make for good telly, but bosses who mimic Sir Alan Sugar's brash interviewing style in a re...
RBS CEO confident of getting full price for insurance business
Royal Bank of Scotland has told reporters it is confident of selling its insurance arm for the price it had in mind at the start of its auction.