Aviva
News review: August
Axa Insurance customer experience director, Paul Meehan, expressed interest in filling the senior management vacancy in the company's commercial division.
Reportage - D&O: Scare tactics
Louise Meeson asks if the recession has highlighted the true benefits of D&O or whether providers and distributors are just using it to frighten business leaders into taking out unnecessary cover
IFB meeting expected to move CUE plans forward
The Insurance Fraud Bureau (IFB) is confident it will move a step closer to creating a Claims Underwriting Exchange (CUE) travel database following its latest member meeting.
Axa e-product joins Acturis
Axa has released a commercial combined e-trade product to brokers on the Acturis platform on an open market basis.
Aviva boss lists three reasons for fall in GI operating profits
Aviva's UK general insurance chief executive, David McMillan, said the dip in the insurers' general insurance and health operating profits was due to its decision to release fewer reserves this year.
Employee risk costs could soar under retirement proposals
The Government's decision to scrap the default retirement age from October 2011 could lead to key benefits becoming uninsurable for older employees, Mercer has warned.
NTR pilot to ease complex business underwriting
Broker Network is piloting a network trading room (NTR) environment that aims to allow members to place complex commercial risks.
Potential Aviva sale to shape outlook for composites
The future of the composite model remains uncertain as the industry waits to see if another insurance giant will swoop on Aviva's general insurance arm.
Arc wins Aviva contract
Arc Legal Assistance has been appointed by Aviva as provider of its household and travel legal expenses to a significant proportion of its personal lines customers.
Landlords need to protect against increased dope farming
Following a recent report by the Association of Chief Police Officers (ACPO) highlighting the breadth of cannabis farming in the UK, Aviva has warned property owners to be vigilant when vetting potential tenants, as well as inspecting their properties,…
Aviva appoints head of new business sales
Aviva has appointed Ian Valentine as head of new business sales.
Ecclesiastical hires former RSA broker director in newly-created role
Ecclesiastical has appointed Kevin Jones, who was formerly commercial director in the UK broker division at RSA, in the newly-created role of director of strategic development.
Flooding: Raising the barriers
The spate of high-profile floods over the last five years has given insurers, brokers and clients much food for thought about rates and whether or not some risks can be covered at all. Andrew Tjaardstra finds out what precautions the industry is taking.
RSA warned to raise Aviva offer to £8bn
RSA will have to raise its offer for Aviva’s general insurance business by 60% to £8bn to seal the deal, according to a report in the City AM newspaper.
Ace raids Chartis and Aviva for Birmingham team
Ace has announced two new appointments to its Midlands regional management team.
RSA responds to press speculation about Aviva
RSA has confirmed that it put forward a proposal to Aviva to acquire its UK, Canadian and Irish general insurance businesses excluding RAC and Health for £5 billion in cash.
Aviva confirms rejection of RSA's £5bn GI offer
Aviva has confirmed it received a conditional proposal from RSA to acquire its general insurance (GI) businesses in the UK, Ireland and Canada excluding RAC and health for a sum of £5bn funded entirely from a rights issue by RSA.
Aviva shares climb following reports of audacious RSA approach
According to Sky News, RSA has put in an offer to Aviva for its entire general insurance arm
Brit nominates former Zurich chief for top financial role
Brit Insurance is set to appoint a new group chief financial officer to replace the departing Matthew Scales.
Obituary of Allan Bridgewater
Allan Bridgewater, former chairman of the Association of British Insurers, president of the Chartered Insurance Institute and leader of Norwich Union died on 5 August aged 81.
McMillan claims fall in Aviva's GI results is due to reserves
Speaking to Insurance Age, UK general insurance CEO David McMillan said the dip in Aviva’s UK general insurance and health underwriting results and operating profit was impacted by the insurer’s decision to release less reserves.
Aviva's UK general insurance profits rise to £197m in H1 2010
The insurers UK general insurance operating profits increased by 24% to £197m in H1 2010 (HY09: £159m) but Aviva's combined UK general insurance and health operating profit fell to £268m during H1 2010, compared to £284m in the same period last year.
E-commerce: Insurance professionals miss out on social networking opportunities
The insurance industry has failed to jump on board the social media marketing bandwagon, despite growing use in other economic sectors.
Aviva enhances motor trade offerings
Aviva has made enhancements to its motor trade offering and commercial combined policies.