Insurer
Biba and ABI agree Toba template
The British Insurance Brokers’ Association agreed a standard template with the Association of British Insurers for Terms of Business Arrangements.
Allianz lands Barclays commercial deal
Barclays has selected Allianz as the provider of commercial SME products for its UK customers.
Claims Club Monthly Missive: Learning from Bethany Probert
It seems that barely a month passes without the industry suffering publicity bad enough to harm the reputation of an individual firm or, worse still, the entire industry.
Co-op considers sale of non-life insurance business
The Co-operative Bank is believed to be considering the sale of its non-life insurance business to address a billion pound deficit.
RSA beats peers to eighth place in Sunday Times best employer list
RSA has become the highest ranking insurer in the Sunday Times Top 25 Big Companies to Work For in 2013, coming eighth overall, compared to sixth in 2012.
Coface premiums up 3.1% after strong Apac and Latam growth
Credit insurer Coface posted a 6.6% rise in net profit (excluding restructuring costs) to €129m in the first full year results since its re-brand.
Coface profits boosted by emerging markets growth
Credit insurer Coface Group has seen its full year profits bolstered by emerging markets performance, with net profits up 6.6% to €129m.
Insurer Arrow visits up 38% in 2012
Intensive regulatory inspections of insurers increased 38% last year according to figures from law firm Reynolds Porter Chamberlain.
Thomas Miller boosts Asia Pacific office
Andrew Jones will become CEO of Thomas Miller (Asia Pacific), which manages mutuals, from the beginning of April.
China IPO approvals still awaiting timetable
The China Securities Regulatory Commission has yet to set a timetable for resuming IPO approvals, scotching rumours that it would start pushing through new candidates in April, an official from the securities watchdog told Xinhua news agency.
Aviva to post £3bn+ loss: reports
Aviva could be set to post a full year loss of more than £3bn, according to reports in the Sunday Times.
Amlin returns to gross profit after £141m Sandy claims
Amlin has posted a pre-tax profit of £262.2m for the year ending 31 December, swinging into profit after a £193m loss in 2011.
Hong Kong targets captives
The Hong Kong government is to implement a 50% profits tax reduction on captive insurers' offshore insurance business.
New India targets 55 000 more agents
New India Assurance wants to more than double its agency base in India and will open three more offices overseas.
Mass considering options following RTA ruling
The Motor Accident Solicitors Society will mull over its next steps following the rejection of its judicial review into the consultation on fixed fees in the Road Traffic Accident Portal.
ABI backs "common sense" RTA portal ruling
The Association of British Insurers has backed the High Court’s decision to reject a judicial review of the Road Traffic Accident personal injury scheme.
PZU plans to cut 630 jobs as part of restructure
Polish insurer PZU expects to cut 630 jobs as part of its restructuring plans.
Hastings relaunches TV marketing campaign
Hastings Direct has created three new 30 second adverts based on a new strapline: “refreshingly straightforward insurance.”
LV criticises RTA portal legal challenge
LV has criticised the two claimant lawyers’ representative bodies challenging the extension of the road traffic accident portal and the capping of legal fees.
IFB boosts fraud fight with new member
Car and van insurance provider Octagon Insurance has become the latest organisation to sign up as a member of the Insurance Fraud Bureau.
The Broker Business Club: Meeting of minds
Insurance Age has once again teamed up with Zurich Insurance to hold a series of Broker Business Clubs where some of the most influential insurers, brokers and stakeholders address and tackle the issues that matter to the modern insurance market. The…
The Broker Business Club: At your leisure
The most recent edition in our series of Broker Business Club roundtable discussions, in association with Zurich, took place in London in July. Our panel discussed the opportunities and threats within the highly specialised leisure market.
The Broker Business Club: Food for thought
The latest in our series of Broker Business Clubs in association with Zurich, took place in Belfast where the panellists discussed the food and beverage sector and the pressures, strains and opportunities that existed within it.