Allianz
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.
Biba: Scottish independence could pose problems for cross-border trade
Brokers have been warned that Scottish independence could result in heightened trade barriers between insurance businesses operating north and south of the border.
Consumer Insurance Act: Out with the old, in with the new
The Marine Insurance Act's outdated rules regarding policy applications are to be replaced by the Consumer Insurance Act. Will it make life difficult for insurers, or does it simply codify what they're already doing?
Ageas, Allianz and Axa work together on Biba risk transfer plan
Three of the largest insurers are collaborating with the British Insurance Brokers' Association on a plan to mitigate the "administrative nightmare"” proposed by the Financial Services Authority on risk transfer and client money.
Allianz Worldwide Care opens Brussels support centre
Allianz Worldwide Care Services has opened an operational support centre in Brussels to provide a local contact point for the company's intergovernmental organisations and corporate clients.
Airmic unveils new 90-day reservation of rights clause
The industry has backed a clause created by risk management association Airmic which gives insurers a 90-day cooling off period to freely exchange information with the policyholder before resorting to the reservation of rights.
Allianz Commercial strengths Maidstone office
Allianz Commercial has made two new appointments to its Maidstone branch.
In Series: External data perception - Changing perceptions
How can the industry make consumers more comfortable with the collection and use of their personal data?
Sponsorship: Your name here
From wheelchair rugby to fencing, insurers have a strong interest in sport. Why is such sponsorship so popular, and how do the parties involved benefit?
Allianz to increase property and energy investment
Allianz is to double its investment in alternative assets, including property loans and renewable energy, to produce better yields from its investment portfolio.
"Allianz shareholders are happy," says Torrance despite COR deterioration
Allianz UK chief executive Andrew Torrance has called the insurer's retail non-motor combined operating ratio of 101.7% for the first nine months of 2012 a "decent result" given recent poor weather.
Allianz CEO Torrance blasts 99.1% COR as 'unacceptably poor'
Allianz UK's commercial lines combined operating ratio deteriorated to 99.1% for the first nine months of 2012 from 95.1% in Q3 2011 as the retail non-motor COR worsened to 101.7%.
Allianz UK delivers stable performance
Allianz UK saw gross written premiums grow by 1.9% to £473.2m (€593m) in the third quarter, but operating profits in the business division took a £2m dip to £40m (€50m).
Allianz CEO urges insurers to embrace Russian market
The rapid development of compulsory insurance in Russia provides a huge opportunity for foreign insurers, according to Hakan Danielsson, chief executive of IC Allianz Russia.
Fire losses make up 50% of Indian GI claims
Fire losses accounted for over half of the claims lodged with Indian general insurance companies in 2011-12.
My Best XI: Stuart Daws, Allianz Commercial
Stuart Daws, risk control survey manager at Allianz Commercial, has selected a mixture of industry and celebrity folk for his insurance start-up best XI. Along with three of his colleagues, there are special appearances from musicians, a restaurateur and…
Proposed cuts to fire service budgets could have major impact on insurers
The insurance industry is urging the government to implement a central fire and rescue policy in England amid fears that sweeping budget cuts will result in insurers paying the price for longer response times.
Business interruption: Playing with fire
Confusion and costs have led to fewer businesses taking out adequate business interruption cover, putting them at risk of significant losses. How can the industry rectify the situation?
In Series: Data Sharing - Sharing is caring
Data sharing among insurers offers a range of benefits, but could firms' desires to retain a competitive edge hamper such collaboration?
Broker Focus: Insurance Mediation Directive - A level playing field?
The European Commission's revision of the Insurance Mediation Directive is targeting mandatory commission disclosure, but what will this mean for UK brokers?