Allianz

Ace hires Zotti to develop Italian consumer lines

Ace Group has recruited Renato Zotti as director of accident and health, life and travel in Italy as the firm continues to invest in consumer lines insurance propositions for the Italian market.

Insurer stocks dipped ahead of Hurricane Sandy landfall

Stocks for European insurers, including Allianz SE and Zurich Insurance Group, fell on Monday as the US prepared for Hurricane Sandy, which is expected to cause $5bn-$10bn in insured losses, according to modelling firm Eqecat.

Market moves: CEO change at Willis takes the headlines

Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…

Indonesia or bust?

Indonesia offers considerable opportunities for foreign insurers, but the market is not without challenges.

RSA victory prompts rival rethink on repair strategy

RSA has seen off one potential dispute relating to its controversial motor repair model after signing a bilateral agreement with Groupama Insurances, although it is unclear whether this will survive the completion of Ageas' acquisition of Groupama.

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