Allianz
Broker focus – private equity: the start of a broader movement?
2011 has already seen one major broking private equity deal involving Towergate. Rachel Gordon assesses whether this is likely to be a one off, or the start of a broader movement within the intermediary market.
Allianz: double-digit rate rises needed
Allianz is set to apply rate increases of up to 10% on its commercial and retail books to return to profitability.
Allianz launches repairer forum
Allianz has confirmed the launch of a new repairer forum to provide two-way consultation between the insurer and its network of suppliers.
Superbrands insurer rankings revealed
Allianz has set its sights on rising up the rankings next year in an annual league table of the UK's most successful brands after climbing 111 places to 219.
Post history – 10 years ago: Allianz set to buy major life insurer
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Penny Black’s insurance week
The only thing Penny loves as much as the insurance industry is the glitz and glamour of Hollywood, so she was particularly pleased when the world of underwriting collided with the Oscars last week.
New rating factors needed after European gender ban – Insurance News Now – 2 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including what the ECJ’s ruling that a person’s gender can no longer be used to calculate insurance premiums or annuity rates will mean for insurers.
Allianz finance director retires
Allianz Insurance finance director George Stratford has retired from the organisation.
Allianz pre tax profit drops to £158.5m
Allianz said the operating profit is “slightly ahead of plan” but below the 2009 level due to lower investment income and lower reserve releases.
Moody’s: Allianz results validate Aa3 rating
Ratings agency Moody’s has claimed that Allianz Group’s recent financial results support its decision to grant the insurer an Aa3 insurer financial strength rating.
Allianz UK profit moves backwards to Euros 185m
Allianz saw its UK profit fall to Euros 185m in 2010 (2009: Euros 230m)on earned premiums of Euros 1.8bn (2009: Euros 1.6bn).
Editor's comment: Spot the difference
As rebrandings go it will hardly go down among the most talked about in the history of financial services, but the end of the Consumer Protection and Markets Authority has at least proved that maybe the government is listening.
Post history - 10 years ago: Axa backs new internet initiative
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
"Glass ceiling" still exists for women
Research for the Institute of Leadership and Management has shown that 73% of women believe they still face barriers to top-level promotions in the UK.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Ex-flood chief warns UK could face Oz-type disaster
Investment in defences needs to be ongoing or the UK could face a situation as devastating as the recent flooding in Australia.
QBE: Commercial motor market in poor state
QBE has warned brokers that rates in the commercial motor market need to rise by 20% if the sector is to avoid the pitfalls experienced by the personal lines market.
Penny Black's insurance week
It seems that the cost of civil litigation is not the only matter Lord Justice Jackson has had on his mind for the past year.
Credit hire claim reduced by £20 000 as case is re-heard
The credit hire claim of Premier League footballer Darren Bent has been reduced by £20 000 after a court case involving Allianz and Accident Exchange was re-heard at Cambridge County Court.
Legal expenses: The end of after-the-event insurance?
The Jackson Report could see the end of after-the-event insurance. Veronica Cowan canvasses the views of those in the industry to find out if the market would still be viable.
People moves – 17 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 17 February 2011 edition of Post.
Court rules on Bent credit hire re-trial
Cambridge County Court has ruled that the £63 000 in credit hire fees claimed by Darren Bent following a road traffic accident could have been at least £20 000 lower if the Premier League footballer shopped around.
Allianz Legal Protection adds to BTE Team
Allianz Legal Protection has appointed Basil Anderson as key account developer within its before-the-event (BTE) insurance team.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.