Allianz
Lorega grows regional broker development team
Lorega has appointed two former Towergate employees to its regional broker business development team.
Mondial re-brands as it heads into health market
Mondial Assistance UK has announced that it will rebrand to Allianz Global Assistance in October this year as it embarks on a new foray into the health sector.
Aspen adds underwriting expertise to Manchester office
Aspen Risk Management has appointed Steve Cheshire as head of underwriting for its North of England business.
Axa confirms Maidstone branch leader
Axa Commercial Lines has promoted Paul Wouldham to branch sales manager to lead the team at its Maidstone branch which opens on 4 April.
Arista makes fleet underwriting appointments
Arista Insurance has made two new appointments to its fleet team in Birmingham.
UK insurance will have to go east to maintain dominance
The UK insurance industry will have to go east in the future if it wishes to retain its global pre-eminence.
LFC Shield pushes new Allianz-backed product range
LFC Shield has added Allianz to its existing insurer panel.
Purple signs up Oak and Rural to panel
Purple Partnership has teamed up with Oak and Rural Insurance to offer further mid to high net worth cover options along with an agricultural risk specialism to members.
FOS reveals PPI complaints halved in H2 2011
The Financial Ombudsman Service (FOS) received a total of 106,193 complaints between 1 July and 31 December 2011, and figures show that Barclays Bank was by far the biggest culprit in terms of payment protection insurance (PPI) complaints.
Allianz chief sees room for underwriting improvement despite good results
Allianz UK CEO, Andrew Torrance, has conceded that the insurer’s underwriting performance is not good enough despite recording top line and profit growth and producing an overall combined operating ratio (COR) of 95.7% and a commercial one of 94%.
Allianz UK sees growth across the board
Allianz UK has revealed increased gross written premium, higher operating profits and an improved combined operating ratio in its 2011 results.
Bids for Groupama due in tomorrow
Bids for Groupama’s UK business are close to being tabled with Zurich, Axa and Allianz all in the frame according to reports.
Allianz sees profits rise in UK
Allianz has reported an 11.4% rise in operating profits for its UK arm to €206m (£174.3m) in 2011, up from €185m in 2010.
Broker satisfaction with insurers remains high, survey says
Broker satisfaction with insurers has remained stable over the past five years and seen an increase for commercial lines, according to an annual survey carried out by General Insurance Market Research within Aura (Gimra).
Further credit rating woe for Allianz, Aviva and Axa
Moody's has downgraded the outlook from stable to negative for Allianz SE, Aviva plc and Axa SA and all subsidiaries of the three insurers.
Allianz Legal appoints new sales chief
Allianz Legal Protection (ALP) has appointed Phil Ruse to the newly-created role of head of sales and distribution.
XL planning for construction growth with new appointment
XL Group has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic region.
Evolution agrees five year capacity deal with Allianz
Evolution Underwriting has announced the extension of its capacity arrangements with Allianz for a further five years covering property, casualty, excess of loss and motor lines.
Standard & Poor’s outlook for insurers remains negative
Standard & Poor’s (S&P) has reaffirmed the credit ratings of Allianz, Aviva and Axa groups but warned the long term outlook for all three was negative mainly as a result of the Eurozone crisis.
Towergate reveals capacity deals with Brit and Allianz
Towergate Commercial Underwriting (TCU) has announced a five-year capacity deal with Allianz providing 70% and Brit the remaining 30%.
Prince’s Trust and Allianz team up to help disadvantaged young people
The Prince’s Trust has announced that its Palace to Palace cycle ride will be coming to the West Midlands for the first time.
Assurant Solutions appoints manager from Allianz
Assurant Solutions has appointed Emma Poultney as client development manager.
Insurer service improving, according to survey
Service from insurers in the UK is improving, according to figures released by Jelf.
Standard & Poor’s maintains negative outlook for insurers
Standard & Poor’s (S&P) has removed Allianz Plc, Aviva Insurance (Europe) and Axa Insurance from its Creditwatch list but confirmed it was keeping a negative outlook for insurers.