Insurer
Aviva shares rise after group CEO outlines capital position
Norwich Union parent Aviva's shares have risen 8.11% (33,25 pence) to 443 pence so far this morning on news that its capital position remains strong.
Marsh global clients division appoints new head
Marsh has appointed Gilbert Van den Eynde as the global leader of G5, its division that serves Marsh’s largest global clients.
AIG UK boss: risk managers and brokers continue to support us
The managing director of AIG UK has outlined the levels of support the insurer has received despite its well publicised revcent problems.
Platinum Re estimates Gustav, Ike losses at $105m
Platinum Underwriters Holdings, the Bermuda-based (re)insurer, said that Hurricanes Gustav and Ike may cost it $105m net of reinstatement premiums and tax benefit.
Ex Zurich boss Winlow joins KPMG
KPMG has appointed Mark Winlow as partner with responsibility for driving the expansion of KPMG’s performance business in general insurance on a pan-European basis.
Congregational and Hiscox join forces
Congregational and General Insurance and Hiscox have reached agreement to enter into a strategic partnership.
Bruce Willis set to become the face of Aviva
Actors Bruce Willis, model Elle McPherson and actress Michelle Yeoh are expected to become the faces of Aviva.
AIG appeases UK brokers
AIG UK has issued a statement to UK brokers assuring them its ability to pay claims remains “undiminished”, in a bid to pacify wavering confidence within the market.
Hiscox upgraded despite 'unsettled times'
Rating agency AM Best has upgraded Hiscox to A from A-. The rating covers Hiscox Bermuda, Hiscox UK and Hiscox Guernsey.
UK insurance giant reveals AIG hit
Norwich Union has become one of the first major UK's insurers to reveal its exposure to AIG.
Aviva reveals debt exposure to Lehman Brothers
Aviva’s total debt exposure to Lehman Brothers was £270m at face value at close of business on 15 September 2008, the company has announced.
Bruce to quit Groupama for broker MD role
Groupama Insurances has confirmed that Cathie Bruce, distribution and customer service director at Groupama Insurances, is to take up a new position as managing director of Choice Quote Insurance Services, the specialist broking subsidiary that was…
AIG plunges 45% in early trading on Federal Reserve reports
Shares in AIG plunged 45% in early trading in New York on worries that the insurance behemoth might turn to the US Federal Reserve Bank for $40bn worth of backing in an effort to stave off the 'double whammy' of a liquidity crisis and a possible credit…
The Withers Group expands into the north
The Withers Group has opened a new office in Warrington, Lancashire, servicing insurance and construction clients from the Midlands to Scotland.
PB Week: Bridget, Peter and Martin
There has been plenty of late August and early September activity in the insurance market (and of course the football transfer market) and many will be returning from holiday catching up with the news, some shaking their heads in disbelief, writes Andrew…
Bridget McIntyre leaves RSA
Bridget McIntyre is stepping down as UK chief executive officer of RSA.