Prudential
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
Former Lloyd’s of London CEO joins L&G
Nick Prettejohn, Lloyd’s of London CEO between 1999-2005, has joined Legal & General as an independent non-executive director, with effect from 2 November 2010
Top 100 UK insurers - 2009
AM Best's top 100 insurer rankings in full, according to Financial Services Authority returns for 2009.
Brand analysis: A robust year for insurance brands
Despite the ongoing disruption in the financial services sector, the brand value of insurers has seen a healthy increase. James Park reports on the results and looks at the opportunities for the coming year.
Post powerlist 2010: The influential crowd
Over the past 12 months the UK insurance industry has faced the global recession head on, taken the change of government in its stride and has shown that it is ready to face oncoming regulation in the form of Solvency II. Below we name the major players…
BIS Countdown - finance raising: Back on the menu
With only a week to go before the inaugural British Insurance Summit, Seb Kafetz explains how the appetite for financing insurance ventures is alive and well despite continued economic turbulence.
Postbox: Exclusion key to fraud prevention
Richard Davies' article 'Time to share fraud data' () highlights an age-old problem: that insurance fraud is ok for many policyholders — unless they get caught. But why not exclusion?
Health insurance - IPT rise: A bitter pill
With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.
RSA spotlight - Andy Haste: Playing the long game pays off for Haste
Following his interview with former RSA CEO Bob Mendelsohn and the news that RSA has approached Aviva to buy its UK, Irish and Canadian general insurance assets, Jonathan Swift reflects on the general insurance career of the company's current CEO Andy…
Zurich reshapes global life business
Zurich has appointed four regional chief executives within global life, Europe, Asia Pacific & Middle East, North America and Latin America.
Penny Black's insurance week
Penny was interested to read about the fiery Prudential shareholder meeting on Monday this week, following its failed bid for Asia's AIA.
Pru AIA bid collapse to cost insurer £450m
Prudential has said the collapse of its $35.5bn takeover of AIG’s Asian unit will cost it about £450m ($660m).
Prudential AIA bid collapses
Prudential’s bid to acquire AIG’s Asian arm, AIA, has collapsed in the early hours of this morning, according to reports.
Prudential faces ‘no’ votes over AIA deal
F&C Investments and Cavendish Asset Management, two investors in the insurer Prudential, have both indicated they are to vote ‘no’ on the firm’s proposed acquisition of AIG’s Asian arm, AIA
Prudential confirms talks to renegotiate AIA deal
Prudential said it was trying to negotiate a cut in the $35.5bn it has agreed to pay for AIG's Asian unit, AIA, amid fears its shareholders might block the deal as too expensive.
Liberty Mutual and General Re settle dispute
Liberty Mutual has resolved a dispute in which it accused the General Re, the reinsurance unit of Berkshire Hathaway of fraud, according to a court filing.
More analysts warn on Prudential’s AIA deal
A chorus of opposition is growing against Prudential's $35.5bn takeover of AIA, with analysts from Singapore to London flagging risks to the deal just weeks ahead of the critical shareholder vote, according to newswire Reuters.
AIA acquisition includes Thai bond risk
Prudential will take on $7.37bn of Thai sovereign debt in a deal to buy AIG’s Asian unit, according to a regulatory filing.
Prudential starts $21bn delayed offering
Rights' offer to fund the purchase of AIG’s Asian unit, AIA, after a 12-day delay has fuelled speculation that the deal will fail.
Pru and AIG in talks on restructuring AIA sale
AIG and Prudential are in advanced talks to restructure the $35.5bn sale of AIA, the AIG’s Asian unit, in a move that would cut the cash consideration by about $2bn but could answer UK regulators’ last-minute objections to the deal according to the…
Prudential takeover of AIA given go ahead by FSA
Prudential saved its takeover of AIG’s main Asian unit after reaching an agreement with the UK regulator, the Sunday Times has reported.
Jelf appoints Barton as chief executive
Phil Barton, commercial director of Jelf Group, has been promoted to the newly created role of chief executive of the group's insurance business.
Prudential shareholder in talks with UK insurers on group bid
Capital Group has approached Aviva, Resolution and another UK insurer to attract bids according to The Times.
Prudential sees Asian listings in May
Prudential has revealed it plans to list in Hong Kong in May, and also announced a secondary listing in Singapore as it prepares to fund its $35.5bn takeover of AIG’s Asian arm, AIA.