Insurer
Editor's comment: Groupama - going, going, gone?
After months of uncertainty, employees at Groupama's UK insurer operation can be a little buoyed by last Friday's news that a named bidder had finally cast its hat into the ring to buy them.
DLG to offshore roles as part of £100m annual cost savings drive
Direct Line Group is set to offshore a "limited number" of chief operating office and sales, service and partnership roles as it begins to cut hundreds of UK jobs ahead of a planned flotation.
Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
IUMI 2012 preview: The agenda
Despite positives for the sector, including a reduction in piracy, this year's International Union of Marine Insurance conference in San Diego looks set to be dominated by the loss of the Costa Concordia.
Whiplash still on the agenda insists MoJ, as consultation delayed again
The Ministry of Justice has confirmed that the promised consultation on whiplash remains on its agenda, despite being delayed as a consequence of last week's government reshuffle.
Post magazine - 13 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Seven directors quit Omega
Seven directors including Omega chief executive Richard Pexton have quit the business.
Tungsten evaluating Equity bid
The investment vehicle, helmed by Edmund Truell, is believed to be considering an offer for the IAG-owned insures.
Casualty insurers warned about recent legal deveopments
A ruling on pesticide manufacturers' liability, reforms to Spanish law on directors' and officers' cover and more stringent rules for Polish motor insurers, are among recent legislative changes with implications for European casualty insurers.
Michael Jackson promoter withdraws £11m insurance claim
Michael Jackson's former concert promoter is to withdraw a £10.9m insurance claim over the pop star's cancelled shows.
Fitch sharpens focus with India rebrand
Ratings agency Fitch today launched a new brand for its existing national ratings business in India.
RBS could float DLG tomorrow
RBS is to launch an initial public offering of Direct Line Group on Thursday, reports have suggested.
Ai Claims gains first CII accreditation
Accident management company Ai Claims Solutions' operations manager has become the first member of team to be awarded a Chartered Insurance Institute qualification.
'You will get caught,' Aviva warns fraudsters
Aviva has warned fraudsters against submitting bogus claims ahead of the Association of British Insurers' fraud conference tomorrow.
Insurers criticise claimant bodies for 'dragging their feet' over RTA portal
The insurance industry almost withdrew its support for extending the RTA Portal to include employers' liability claims last week, after growing increasingly frustrated with delays to the plan.
Google launches car insurance service
Motorists can now buy car insurance online from Google's comparison site.
Giles director Hazel McIntyre quits
Giles' mergers and acquisitions director Hazel McIntyre has left the business after five years to pursue other opportunities.
Miller sees pre-tax profits triple in FY 2012
The broker has reported a dramatic improvement in profits in its results for the year ended April 2012.
Shortlist revealed for Underwriting Service Awards 2012
Risk-pricing skill, understanding of clients' needs and quality of service are all vital to insurers' long-term success.
Aspen appoints group CFO
John Worth will replace Julian Cusack, who took the role on an interim basis after the February departure of Richard Houghton.
Yorkshire policyholders lose flood cover
Commercial policyholders in Yorkshire have accused insurers of jeopardising their futures by failing to provide them with flood cover.
Head of AIG's India joint venture leaves to join Mercer
Mercer has appointed Gaurav Garg as region leader for growth markets, incorporating Mercer's businesses in Asia, the Middle East, Africa and Latin America.
Lloyd's launches jewellers' insurance in Shanghai
Lloyd's Insurance Company (China) has launched a block insurance programme designed for the diamond and jewellery trade in Shanghai.
Generali seeks improvements with management reshuffle
Italian insurer Generali has reorganised the management structure for its Country Italy and Corporate businesses in an effort to improve growth and profitability.