Insurer
British Insurance Awards 2011: shortlist announced
Today Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Personal injury costs to approach £10bn, report says
Costs faced by the personal injury insurance industry are likely to rise from £8.4bn in 2010 to £9.7bn by 2014 driven by the growth in the number of motor personal injury claims according to a report by Datamonitor.
Insurers issue ash-cloud travel insurance advice
Aviva and Ageas have stated their positions on their travel insurance policies following the recent volcanic eruption in Iceland which has closed parts of the UK airspace.
Markel makes management changes
Markel International has made some senior management changes to Markel UK, its retail division, which it said were designed to allow the business to develop retail opportunities worldwide.
Arista establishes permanent presence in East Anglia
Arista Insurance has appointed Stephen Robinson as development underwriter for the East Anglia region.
Significant leadership changes at Zurich's commercial broker division
Following the recent changes in its UKGI commercial broker division, Zurich has announced further key appointments.
Barbican and Glemham part ways
Barbican Insurance Group has confirmed it is to cease providing underwriting capacity to Glemham Underwriting.
Macmillan Sheikh hits ground running with two new schemes
Following its launch, Macmillan Sheikh has unveiled two further schemes designed to provide a range of insurance cover to the cleaning industry and tour operators.
Evolution grows its own talent
Evolution Underwriting has appointed the first member of its new Insurance Professional Trainee intake.
Debating the mid-corporate commercial market
If you missed the recent live webinar debating the mid-corporate commercial market - it is now available for viewing on-demand.
Axa makes a third of its risk surveyors redundant
Axa Commercial has made 30% of its risk surveyors redundant as part of Amanda Blanc’s much publicised overhaul of the business.
Quinn family to take Anglo Irish Bank to court
Sean Quinn’s family has lodged an Irish High Court action seeking damages against Anglo Irish Bank over alleged negligence, breach of duty and intentional and/or negligent infliction of economic damage.
Insurance Age blog: Insurance just got (a bit) sexy
Yesterday was not a good day for Munich Re. A German business newspaper broke a story which has been the most amusing thing I have had to report on for a while or in fact ever. For those of you who managed somehow to escape the story, still the popular…
Aviva loses JLT recruitment book to Brit
Brit Insurance has won JLT’s book of business for the Recruitment and Employment Confederation (REC) from Aviva.
M4 and Allianz locked in talks over capacity provision
M4 Underwriting’s coverholder agreement with Allianz hangs in the balance as the pair continue negotiations, Insurance Age understands.
Munich Re held prostitute party
Munich Re rewarded high-performing agents with 20 prostitutes at a party held in Budapest in 2007, according to a story to be published today in German newspaper Handelsblatt.
Ryan Speciality completes purchase of Lloyd's player
Jubilee Group Holdings has confirmed its sale to Ryan Specialty Group.
Ageas sees no sign of commercial hardening
Barry Smith, chief executive of Ageas UK, told Insurance Age he had seen no signs of commercial market hardening and indicated that he was not anticipating it happening soon.
Ageas returns to profit despite 104.6% COR
Ageas Insurance has revealed profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the equivalent quarter in 2010.
Brokerbility members reveal best performing insurers
Axa Commercial Lines has topped the Brokerbility bi-annual Satisfaction Survey for the second consecutive time.
Aviva makes aggregator u-turn
Aviva has confirmed it intends to return to the aggregator space for private motor with a new, separately branded internet-only offering.
Aviva chief hints that market may finally be hardening
The UK could be seeing the first evidence of market hardening in commercial lines, according to Mark Hodges, chief executive of Aviva UK although he declined to predict whether any increase would hold or how far it would go.
Aviva posts improved COR in first quarter 2011 results
Aviva has revealed a 20% increase in general insurance premiums to over £1bn for the first quarter of 2011 (1Q2010: £913m).
New Bill puts responsibility for securing risk info on insurers
The onus of responsibility to provide all relevant information regarding a risk has shifted from the customer to the insurer following the introduction of a new Bill.