Allianz
Market moves: Canopius and CGSC dominate appointments
This week the recruitment space belonged to Canopius and Cooper Gay Swett & Crawford. Canopius restructured its entire executive committee, alongside appointing an underwriter, while CGSC recruited a new chief commercial officer, head of operations and…
Aviva pays Accident Exchange "seven figure" settlement
Aviva has paid credit hirer Accident Exchange a "seven figure" out-of-court settlement after using "dishonest" Autofocus evidence to reduce its hire charges.
Allianz backs Hartford's business plans
Allianz SE has endorsed Hartford Financial Services Group's plan to scale its business back.
Bonuses take a bash but salaries for the top industry jobs continue to rise
Total salaries for insurance chief executives increased across the board, according to insurers’ annual reports for the year ending 2011, despite a drop in total remuneration.
Mondial appoints ex-Allianz boss to launch health product
Mondial Assistance UK has appointed Phil Carr as new head of health services, leading the launch of a new homecare product.
Asian aviation: risk or opportunity?
The Asian aviation market is set to grow rapidly in the next 20 years, bringing many opportunities for insurers. But Edward Murray asks whether underwriters are taking all the future risks into consideration.
Insurers and brokers challenged to join Prince's Trust charity bike ride
The Prince's Trust is calling on insurance companies to help tackle youth unemployment by taking part in the charity's fundraising bike ride, Palace to Palace.
Police pay out, but insurers raise questions over BI cover and riot locations
Insurers are starting to receive payments from the police for losses incurred from last summer's riots, but one has called for improvement in the Riot (Damages) Act to cover business interruption losses.
Broking SME: Battle stations in the fight for the little guy
Brokers are facing increased competition for SME customers, but they're not going down without a fight
Indian home insurance market faces apathy
While the popularity of home loan insurance cover has shot up, hazard or home insurance cover is yet to pick up.
Insurance Insight – top 10 stories
The top 10 most popular articles on insuranceinsight.eu over the past seven days.
Aspen hires chief underwriter for northern region
Aspen Risk Management has appointed Steve Cheshire as head of underwriting for its business in the north of England.
Q&A: Frank Weinreich, Liberty Syndicates
Frank Weinreich, regional manager for reinsurance for Central and Eastern Europe at Liberty Syndicates, pictured, spoke to Stephanie Denton with a reinsurance point of view on trends in CEE, claims levels and the future of brokers in the region.
Allianz develops telematics strategy
Allianz is gearing up to deliver telematics-based motor products as it looks to recruit a telematics team.
AIG and Allianz to target Chinese motor market
American International Group and Allianz SE have confirmed their interest in the Chinese motor market, which will soon be open to foreign insurers.
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Rating agencies: The rating game
Nations and businesses alike are growing critical of rating agencies, so is a downgrade as damaging as it used to be?
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Allianz buys wind farms as part of renewables investment
German insurer Allianz has bought two recently completed wind farms in France from Nordex SE.
Titanic centenary prompts safety concerns
Shipping loss rates have declined from one ship per 100 per year in 1912 to one ship per 670 per year in 2009, according to a report from Allianz to mark the centenary of the iceberg-hit ship.
Shipping sector faces new risks 100 years on from Titanic disaster
To mark the centenary of the Titanic sinking, Allianz Global Corporate and Specialty has recorded what it views as the biggest risks to the shipping industry today.
European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Market moves: UK General and Towergate lead the pack
Insurer UK General and broker Towergate were the main movers and shakers this week, appointing a new chief operating officer and director of group mergers and acquisitions respectively.
Editor's comment: Sants move raises FSA transition concerns
Having been convinced by the Conservative-Liberal coalition to withdraw his resignation and extend his stay once before, the Financial Services Authority chief executive officer Hector Sants' decision to step down in the summer was something of a…