Insurer
Torrance: A strong performance
Chief executive Andrew Torrance has hailed Allianz UK’s performance as “very strong” as it reported profits of £115m for the first nine months of the year.
Dip in profits at Allianz
Allianz has reported a fall in profits to £115m for the first nine months of 2012, down from £123.6m in the same period of 2011.
Covéa chief unveils executive line-up
The chief executive of Covéa Insurance has praised the "wealth of knowledge and experience" of the insurer's new executive team.
Liberty to open Scotland branch
Liberty Mutual Insurance has confirmed its new Scotland branch will be headed up by former Marsh employee Caroline Inglis.
Woman guilty of claiming cats and dogs
A woman from Northern Ireland has been sentenced to 240 hours community service after fraudulently claiming £13,558.50 for kennelling her dogs and cats.
The £50K resignation
If your boss were to offer you £50,000 what would you do? Well, the correct action would of course be to resign.
Insurer regulation costs hit £730m
The UK general insurance sector is now paying well over £730m a year to cover the direct costs of regulation and compliance, according to research from Reynolds Porter Chamberlain RPC).
Professionalism: The industry could become a profession almost overnight
Chartered broker Roy Blackburn has commented that the insurance “industry” could become a profession almost overnight, although he doubts this will happen.
Broker feedback directs Chubb HNW restructure
Chubb has responded to broker feedback to restructure its high net worth (HNW) underwriting and account handling teams around three types of broker.
Markel reports improved COR and GWP
Markel International has reported gross written premiums (GWP) of $705m [£442m] for the nine months ended September 30, up 4% from $677m for the same period of 2011.
Equity Red Star snaps up SEIB's motor accounts
Equity Red Star has snapped up South Essex Insurance Broker's (SEIB) motor accounts following Ecclesiastical Insurance's decision to withdraw from the UK broker motor market.
HCC opens Midlands office
HCC International has opened a new office in the Midlands in a move designed to increase its regional presence.
Aspen launches PI products
Aspen Risk Management has launched a new range of professional indemnity (PI) products with a selection of added features.
New Midlands and South West manager at Chartis
Chartis has appointed Laura Wilkinson as regional manager for the Midlands and South West, succeeding Richard Jinks, who was recently appointed UK middle market and SME distribution manager.
Broker Expo: Regional structure here to stay
Empowered regional underwriters are here to stay, according to experts on a panel discussion at the Broker Expo in Coventry.
RSA cites "challenging" UK market as NWP remains flat
RSA has reported flat net written premium (NWP) of £2.7bn for UK and Western Europe during the first nine months of 2012.
Aviva reports 97% COR in steady results
Aviva's general insurance business reported a combined operating ratio of 97%, excluding RAC, for the first nine months of 2012, consistent with its 2011 performance.
Ageas chief excited by Groupama deal
Barry Smith, chief executive of Ageas UK, has spoken of his excitement about the insurer's future prospects in the wake of the Groupama deal.
Ex-Towergate man joins Ink Insurance as commercial director
Ink Insurance has unveiled former Towergate employee Julian Palmer as commercial director.
Profits up one-third at Ageas
Ageas UK has reported a 36.4% increase in pre-tax profit to £106.7m for the first nine months of 2012.
Dual in new speciality business launch
Underwriting agency Dual has created a new division to underwrite speciality liability business.
Chartered status: "Don't knock it until you've tried it"
An award-winning broker has praised chartered status for acting as a key "differentiator" when it comes to securing work in the market place.
Ecclesiastical MD addresses broker concerns
The managing director of Ecclesiastical's UK business Steve Wood has moved to allay brokers' fears following the insurer's decision from the UK broker motor market.
Ecclesiastical confirms UK broker motor market retreat
Ecclesiastical Insurance has confirmed it plans to withdraw from the UK broker motor market.