Personal
Axa seeks "selective" acquisitions in direct market
Axa has stressed that direct is a “growth engine” in the business in an investors presentation in Paris.
UK in the firing line as Axa seeks Euros 1.5bn cost savings in 'mature markets' - updated
The UK is likely to be among the areas where Axa will seek cuts as part of a four year plan it will outline today at an investors meeting.
Axa to sell Candian property and casualty arm
Axa has announced plans to sell its Canadian property and casualty business for a total cash consideration of CA$2.6bn (Euro 1.9bn) to Intact Financial.
€1.7m Quinn fees approved by Court
The joint administrators of Quinn Insurance have had their fees of €1.7m for the first three months of the year approved by the High Court.
UK in the firing line as Axa seeks Euros 1.5bn cost savings in 'mature markets' - updated
The UK is likely to be among the areas where Axa will seek cuts as part of a four year plan it will outline today at an investors meeting.
CII Blog: Tesco leaves carrot and stick on shelf
At an insurance conference I attended 10 years ago, delegates were given a challenge to "think like a retailer". Specifically, they were asked to consider what Tesco would be discussing at their annual conference. Store openings, layouts, product lines,…
Intelligent insurance for young drivers
An ‘intelligent insurance’ motor policy designed to help young drivers afford safer cars has been created by Intelligent Marmalade.
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
AM Best affirms Travelers Companies ratings
AM Best has affirmed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers, its property/casualty members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate,…
Pru Health adopts new ‘sustainable’ commission model
Pru Health has adopted what the health insurer believes to be a more sustainable and transparent commission model. From April, all small and medium enterprise new business has been written on a 10:10 commission basis, with 10% initial commission and 10%…
British Insurance Awards 2011: shortlist announced
Today the Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Willis launches pay-as-you-go grey fleet cover
Willis has created an insurance scheme to address the insurance problems associated with allowing staff to drive their own cars on business – the so called grey fleet.
Towergate sets £25m target for new in-house e-trading arm
Towergate Underwriting has targeted an additional £25m in gross written premium once its new commercial e-trading proposition goes live this summer. The firm currently claims to control a total of £600m in GWP — of which £75m is through various software…
Legal expenses - ATE: End of the road?
With the government giving the green light to implementation of Lord Jackson's civil litigation reforms, Leigh Jackson details the adverse reaction of legal expenses insurers and whether this sounds the death knell for the ATE market.
Post history - 50 years ago: Uninsured drivers age-old problem
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Ageas to hike household rates to emulate motor
Ageas is set to continue hiking rates on its household insurance, on top of the 10% it has already pushed through in the first quarter of 2011, in a bid to replicate the improved combined ratio already seen in its UK private motor performance.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Editor's comment: Still after a piece of the motor market action
Despite the horrendous combined operating ratios and losses that have piled up in the UK personal lines motor market in recent years, it still holds a fascination for many.
Former HSBC boss returns with new motor start-up
Martyn Capewell, the former chief executive of HSBC Insurance, is set to return with a new venture, in a further sign of a resurgence in the intermediated motor market.
Post magazine – 26 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
PPI broker falls into administration
A payment protection insurance insurance broker, Wilmslow Financial Services, has gone into administration.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
Aegon targets over 50s with pay per day travel cover
Aegon Direct Marketing Services Europe has launched a new insurance provider, Gnu Insurance.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.