Insurer
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.
RSA shakes up marine market with Noble purchase
RSA has confirmed its acquisition of all shares in Noble Marine Insurance Brokers and Noble Underwriting Agencies, for a rumoured £4m.
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
Blanc's restructure sees Gill depart from Axa
Axa Commercial Lines has announced that Dave Gill, the customer delivery director for the commercial intermediary branch network has left the business.
RSA's Donaldson on the move in managament shuffle
RSA has made some significant changes to its senior management with a shuffle that may have direct implications for brokers.
Liberty takes on 10 new staff to push commercial growth
Liberty Mutual Insurance, the commercial lines operation of Liberty Mutual Insurance Europe, has announced several new staff appointments as part of its drive into the UK’s commercial lines mid-market.
RSA UK growth offset by motor scheme pull out
RSA’s Q1 results have shown an overall rise in UK premiums of 9% to £760m (2010: £697m).
Crisis Survivor enters administration owing over £300,000
Crisis Survivor, the risk management and business continuity specialist, has gone into receivership, leaving 38 creditors and debts of £312,599.
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Biba 2011: Cyber insurance to “be worth more than D&O and P&L combined”
Graeme Newman, business development director at underwriting agency CFC, has predicted the rise of cyber insurance, as cyber-related crime and scandal hit the national headlines.
Biba 2011: Biba Daily – day two
As Biba media partners, the teams behind Insurance Age and Post bring you in-depth coverage on the latest news from the show each day.
Biba 2011: Video – Biba Today: award winners speak out
As delegates at the British Insurance Brokers’ Association conference in Manchester to ponder what they will be doing tonight, Post and Insurance Age did one final sweep of the conference centre with its camera crews.
Biba 2011: Video – Biba Today: what did delegates think of the conference?
As the first day at the British Insurance Brokers' Association conference in Manchester comes to a close, Post and Insurance Age quiz delegates on their thoughts.
Biba 2011: Video - Biba Today: Potential Biba and IIB merger – what the delegates think
As the British Insurance Brokers' Association conference in Manchester digested the news of a possible merger between Biba and the Institute of Insurance Brokers, Post and Insurance Age asked delegates what they thought of the news.
Biba 2011: Biba Daily – day one
As Biba media partners, the teams behind Insurance Age and Post bring you in-depth coverage on the latest news from the show each day.