Allianz
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Allianz puts Sandy loss at $590m
Allianz has estimated its hit from last year's Superstorm Sandy at €455m ($590m).
Reputation management: It's good to be liked
With customers increasingly taking to the internet to share opinions on insurers, it's more important than ever that firms manage their image.
Giles sets sights on £145m GWP for network start-up within two years
The newly installed managing director of Giles' networks and London market businesses has outlined his far-reaching plans to add hundreds of millions of pounds in gross written premium to the firm's books within the next two years.
Allianz scholarship programme enters second year
Allianz Commercial's scholarship programme aimed at supporting broking staff in achieving a Chartered Insurance Institute diploma will open for applications on 14 January.
Human error remains 'core challenge' in bid to reduce maritime losses
An Allianz report into annual ship losses has identified human error as the "core challenge" in reducing annual maritime losses, which last year increased to 106 from 91 in 2011.
Aviva France names Schimel as new CEO
Former Axa boss Philippe Maso y Guell Rivet has been replaced at the helm of Aviva France by Nicolas Schimel, chief executive of Aviva subsidiary Union Financière de France (UFF).
Allianz fined $12.4m by SEC for improper payments in Indonesia
The Securities and Exchange Commission has charged Allianz SE with violating the books and records and internal control provisions of the Foreign Corrupt Practices Act for improper payments to government officials in Indonesia during a seven-year period.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Blog: M&A myths dispelled
The third week of December can be a stressful time. As 25 December looms ever closer, there are still presents to buy, decorations to hang, and tasks to dispatch before you can relax guilt-free to enjoy the holiday season.
Allianz Belguim and Allianz Netherlands to merge
German insurer Allianz is integrating its Belgian and Dutch operations in a bid to strengthen its presence in the Benelux region.
Biba: female drivers could face 40% hike in premiums
Insurers have played down pricing implications for young female drivers ahead of the introduction of the EU Gender Directive next week, despite claims that premiums could rise by as much as 40%.
'Stabbed' insurance boss Rüther backtracks on attack
The German insurance boss who claimed to have been stabbed amid speculation of a possible takeover has admitted that no such attack took place.
Allianz Worldwide Care partners with Australia's Medibank
Allianz Worldwide Care has formed a partnership with Australian private health insurer Medibank to provide cover for expatriates based in Australia.
Stabbing in Germany could be linked to Allianz takeover possibility
A German insurance chief has been stabbed before an important staff meeting.
Allianz appoints global reinsurance head
Allianz Global Corporate & Specialty has appointed Simon Buxton as global head of reinsurance.
Allianz Global Corporate and Specialty names global reinsurance lead
Allianz's corporate and speciality brand has named Simon Buxton as its new global reinsurance head, effective 1 January.
Allianz linked with German public sector insurer
Allianz could make a bid for German public sector insurer Provinzial Nordwest, but may have trouble wooing the firm's shareholders, according to a Reuters report.
Vintage car insurance in Europe
Despite being a niche sector, with owners treating their vehicles like part of the family Anna Pitton explains why vintage motor insurance could be a missed opportunity for insurers.
Tens of thousands face being priced out of flood cover
ABI admits its Flood Re model is dead in the water
Interview: Reg Brown - Been there, done that, got the t-shirt
Reg Brown has seen it all in more than half a century working in insurance, but the chairman of the Managing General Agents’ Association’s drive to improve the industry and inspire its next generation is stronger than ever.
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Online SME distribution: Embracing the internet age
The online SME distribution space has struggled to take off in recent years, but is this about to change?
Insurers attack disparity in recoverable costs
Insurers have criticised the Ministry of Justice's proposal to impose higher fixed-rate recoverable costs for claims relating to employers' and public liability than for motor.