Zurich Insurance
Zurich reports improved GWP but COR in decline
Zurich has reported general insurance gross written premiums of $27.05bn (£16.97bn), for the nine months ended September 2011.
Zurich creates new underwriting role for SME
Zurich’s UK General Insurance business has appointed Russell Corbould-Warren to the newly created role of head of SME underwriting.
Mitsui Sumitomo completes regional office network
Mitsui Sumitomo at Lloyd’s has confirmed the completion of its regional office network with the opening of branches in Belfast and Glasgow.
Zurich appoints new chief underwriting officer
Zurich has appointed Nick Major as chief underwriting officer (CUO) for its global corporate in the UK (GCUK) business area, effective immediately.
Video: the inaugural UK Broker Conference
Brokers from across the country convened in London's May Fair hotel for the inaugural UK Broker Conference last week.
Aviva Ireland jobs set to be outsourced
Around 600 jobs at Aviva Ireland are expected to be cut and transferred to the insurance company’s UK operation, while around 400 more are likely to be outsourced.
Groupama defends “immediate” notification Toba changes
Groupama has defended the changes to its terms of business agreements (Toba), issued to brokers on 20 September, which require brokers to inform the insurer immediately about fault claims.
XL looks to Axa and Zurich to broaden middle market appetite
XL Insurance has broadened its appetite in the mid market space by opening up its offering to business with a turnover of between £25m-£250m.
Markerstudy Toba “totally unacceptable”
The British Insurance Brokers’ Association (Biba) has slammed the one hour reporting requirement of an accident claim in Markerstudy’s new terms of business agreement (Toba) as totally unacceptable.
Insurers call for full implementation of Jackson
While Zurich and Aviva have welcomed the move to ban referral fees, both insurers said it needed to be part of a wider set of reforms.
Aviva could be vulnerable to Zurich bid
Following a dive in its share value, Aviva could be exposed to a takeover bid from rival insurer Zurich, reports suggest.
Market moves: All the fun of the fair
Summer is traditionally the time for going on holiday. The urban legend is that September follows as the month with the highest number of resignations. People coming back have reflected, probably on a beach, that they did not enjoy their job and become…
New aggregator looks to Zurich for commercial director
Mike Quinton has taken on the role of commercial director for a new price comparison site due to be launched next year.
Chubb loses HNW duo to Zurich
Zurich has appointed Lennox Bunting and Alan Gorman to its Private Clients’ new London team.
Updated: mixed insurer riot claims notifications risk causing confusion
Insurers have failed to adopt a blanket policy on increasing their claims notification period following the government’s decision to extend the notification deadline to 42 days under the Riot (Damages) Act.
Riot victims need claims deadline certainty, says Biba
The British Insurance Brokers' Association (Biba) has urged insurers to provide a clear message on the claims notification deadline for riot victims.
Zurich extends claim notification period to 30 days
Zurich has increased its notification period for property insurance policyholders from seven to 30 days, where a condition exists on policies for the reporting of riot claims.
Chartis closes door on new solicitors' PI business
As the annual solicitors’ professional indemnity renewal date looms, the market leader, Chartis UK, has announced that it will not be writing any new business in this sector.
Marketform hires new CFO
Marketform has announced the appointment of a new chief financial officer (CFO), Paul Guiry, who replaces Roger Doubtfire on his retirement.
Aviva's rising share price sparks bid rumours
Aviva’s leap up the blue-chip index has ignited further market speculation that at least two insurers could be mulling over a possible approach worth 575p a share valuing the insurer at £14.8bn.
Brit swoops for key property player from Zurich to head up new team
Brit Insurance has formed a new, specialist team offering insurance to property investors as part of its UK business unit.
Biba slams Zurich Municipal over anti-broker marketing
The British Insurance Brokers’ Association (Biba) has hit out at Zurich over the content of a Zurich Municipal advert urging customers to “cut out the middle man”.
CII finds replacement for Alasdair Stewart
The Chartered Insurance Institute (CII) has appointed Graeme Sutton as director of corporate development, Insurance Age can reveal.