Articles by Jonathan Swift
Aon Benfield begins roll out of new online portal with US launch
Aon Benfield has launched ABConnect, a new online portal that offers clients any-time access to their account data with the aim of improving transparency.
US East coast on alert as tropical storm Danielle gathers pace
At 21:00 UTC on Sunday, 22 August, RMS reports a tropical depression (six) located about 770 miles (1240 km) west of the southernmost Cape Verde Islands in the Atlantic Ocean, developed into the fourth named storm of the 2010 Hurricane Season – Tropical…
AIG repays American taxpayer another $4bn
AIG has applied nearly $4 bn received from International Lease Finance Corporation to the Federal Reserve Bank of New York Revolving Credit Facility, reducing AIG's outstanding principal balance to slightly more than $15 bn, not including accumulated…
Aon Benfield begins roll out of new online portal with US launch
Aon Benfield has launched ABConnect, a new online portal that offers clients any-time access to their account data with the aim of improving transparency.
Lloyd's doubles actuarial resource as Solvency II looms
Managing agents at Lloyd’s have seen significant growth (49%) in actuarial resources over the last three years as the demands on managing agents from Solvency II develop, according to a new survey.
Lloyd's insurer Equity co-operating with FSA over investigation
Equity Red Star is reported to be under investigation by the Financial Services Authority over concerns about the impact of bodily injury claims on its balance sheet.
Admiral rules out RBSI bid due to price and likely OFT challenge
Motor insurance group Admiral has ruled itself out of any bidding war for the Royal Bank of Scotland Insurance businesses including Direct Line and Churchill.
Amlin H1 GWP hits £1.5bn, bolstered by 2009 acqusiition
Amlin has reported a profit before tax of £107.6m (H1 2009: £177.1m) for the first six months of 2010 on gross written premium of £1.5bn (H1 2009: £950.1m).
Hiscox profit falls to £97.2m in H1 but ready for "surge" in growth
Hiscox this morning reported a profit before tax of £97.2m for the first six months of 2010 (H1 2009: £141.4m) on gross premiums written of £904.3m (H1 2009: £906.0m).
Amlin H1 GWP hits £1.5bn, bolstered by 2009 acqusiition
Amlin has reported a profit before tax of £107.6m (H1 2009: £177.1m) for the first six months of 2010 on gross written premium of £1.5bn (H1 2009: £950.1m).
Hiscox profit falls to £97.2m in H1 but ready for "surge" in growth
Hiscox this morning reported a profit before tax of £97.2m for the first six months of 2010 (H1 2009: £141.4m) on gross premiums written of £904.3m (H1 2009: £906.0m).
Aviva wins out in Santander Bank household insurance tender
Aviva has won a competitive tender process for the distribution of household insurance products to Santander.
Allianz unveils German acquisition
Allianz Real Estate Germany has acquired about 80 retail assets of the discount market Aldi Süd from Aldi Grundstücksgesellschaft gmbH & Co KG.
Allianz unveils German acquisition
Allianz Real Estate Germany has acquired about 80 retail assets of the discount market Aldi Süd from Aldi Grundstücksgesellschaft gmbH & Co KG.
Westinsure shareholders back Ink takeover
Ink Underwriting Agencies has acquired Westinsure Group following 100% shareholders approval for an undisclosed sum.
Former Marsh VP joins claims firm as complex loss boss
Munters MCS has named Simon Hurst as the UK’s major & complex loss director.
Former Marsh VP joins claims firm as complex loss boss
Munters MCS has named Simon Hurst as the UK’s major & complex loss director.
Motor insurers urged to come clean on debit fees
Motor insurance providers have been urged to clarify the direct debit fees they charge customer by Defaqto.
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
Former McKinsey insurance leader made Zurich claims chief
Zurich Financial Services has appointed Thomas Sepp to the position of chief claims officer, effective 1 September.
QBE Europe H1 profits increase to $222m
QBE Europe reported a pre-tax insurance profit of $222m (H1 2009: $213M). Its gross written premium for the first half of 2010 was up 8% to US$2.412bn (2009 US$2.228bn).
Former McKinsey insurance leader made Zurich claims chief
Zurich Financial Services has appointed Thomas Sepp to the position of chief claims officer, effective 1 September.
First RSA, now Axa is linked with Aviva swoop
Aviva's share price has continued to rise today despite its rejection of RSA's £5bn bid amid speculation that others may be interested.
Danish insurer Tryg Vesta recovering from "extraordinary" claims
Danish insurance group Tryg Vesta has reported that the business is back on track after a first quarter "where extraordinary winter claims caused a loss on the insurance business".