Allianz

Product roundup: MMA reveals home truths about retendering

MMA’s research into brokers and schemes makes for interesting reading, revealing as it does that brokers’ main reason for changing the holding insurer of a scheme is the promise of more commission. The study also reveals that the most frequent time to…

Market moves: Making moves in the Midlands

The Midlands was the place to be this month with numerous appointments and promotions at all levels, with Commercial Express in particular the source of a few moves. Lorica and Oxford Insurance Brokers also added several employees to their teams.

Products roundup: Blanc divorces simple from complex at Axa

Amanda Blanc’s long-awaited strategy for Axa Commercial is unveiled this month and she is confident that it is what brokers want and need from an insurer. The division of simple and complex risks certainly seems to make sense and brokers may welcome the…

Torrance says legal protection business must change

Allianz UK’s chief executive, Andrew Torrance, has confirmed that the insurer’s legal protection business will have to change “significantly” as he reported flat profit levels in the first half of the year despite a £50m increase in gross written…

GWP growth at Allianz UK

Allianz Group has reported a 4.5% increase in its UK gross written premiums to €533m (£464.5m) in the first six months of 2011, up from €528m in the same period of 2010.

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.

Aspen swoops for M4 renewal business

Aspen Insurance has announced that its regional platform, Aspen Risk Management, has agreed to purchase certain commercial insurance renewal rights and other related assets from M4 Underwriting.

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