Articles by Jonathan Swift
Generali looks to take stake in Russian financial services giant
Italian insurance giant Generali is interested in buying up to one percent in Russia's second-biggest lender VTB, according to reports.
Aon hails affinity as it reports 6% rise in UK Q4 2010 organic growth
Aon has reported a 3% fall in UK retail broking income to $629m (£392.1m) in the year ended 31 December 2010 (2009: $650m).
Aon hails affinity as it reports 6% rise in UK Q4 2010 organic growth
Aon has reported a 3% fall in UK retail broking income to $629m (£392.1m) in the year ended 31 December 2010 (2009: $650m).
QBE strikes $700m Bank of America insurance agreement, acquires BOA arm
QBE has entered into an initial ten year distribution agreement with Bank of America for lender placed and voluntary homeowners, contents, motor and other related consumer lines and associated services.
QBE reveals $245m weather hit, but profit in line with expectation
QBE has announced that its 2010 net profit after tax in line with market expectations after a record underwriting profit but a lower insurance margin from continuing low interest yields in the US and UK.
Aviva enhances outsourcing agreement with nine year HP deal
Hewlett-Packard today announced Aviva has signed a nine year messaging contract based on Microsoft Business Productivity Online Suite designed to improve productivity and enhance collaboration across all of Aviva's global regions.
Markel International sees six point hit on underwriting due to major losses
Markel International has reported gross written premiums of $709.0m for the year ended December 31, 2010, compared to $641.20m for the same period of 2009.
Ex-LSE deputy CEO appointed boss of new regulator CPMA
The Government has announced that Martin Wheatley will become chief executive designate of the Consumer Protection and Markets Authority. He will be formally appointed to the post of chief executive once the new body has been established at the end of…
QBE halts share trades as it is linked with $2bn US acquisition
QBE Insurance is in talks to buy US insurer Balboa from Bank of America , according to reports.
Axa managers face redundancy claims report
More than 50 people face redundancy at Axa's Ipswich office, according to reports.
Munich Re unveils profit estimate for 2010
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (2009: €2.56bn), despite substantial major losses, it announced this morning.
Munich Re unveils profit estimate for 2010
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (2009: €2.56bn), despite substantial major losses, it announced this morning.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Towergate to benefit from "first mover advantage," claims Fitch
Fitch Ratings has affirmed the long-term issuer default rating of Towergate Finance at 'B'. The outlook is stable.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
Advent seals £200m investment in Towergate and CCV
Towergate Partnership has entered into a conditional agreement in relation to a £200m investment by global private equity firm Advent International.
Lloyd's insurer Amlin to acquire underwriting agency Lead Yacht
Amlin has entered into an agreement to acquire Lead Yacht Underwriters from members of its board of directors. The transaction remains subject to the approval of the change of control by the Financial Services Authority.
Direct Line enters mid net worth market with new product
Royal Bank of Scotland Insurance has launched Direct Line Select, aimed specifically at consumers it believes need higher levels of cover than standard policies typically provide.
Broker Igo4 sells minority stake to Dutch investor
Igo4, the personal lines broker founded in 2007 by former BGL directors Matt Munro and Tom Cooper (pictured), has agreed an investment deal with IVM Intersurer BV, a Dutch holding company that specialises in investing in insurance related businesses.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Editor’s comment: Pioneering times
It is somewhat fitting that Post includes an interview with Hiscox chairman Robert Hiscox in the same week that Royal Bank of Scotland Insurance announces its plan to make a play for one his firm’s traditional heartlands, the mid and high-net-worth space…
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.