Allianz
XL takes Allianz man to bolster Midlands operation
XL Group has made a new appointment to strengthen its Midlands underwriting team.
Allianz scores GWP, profit and COR hat trick
Allianz UK has reported growth in both premium and profit and a sub-100% combined operating ratio (COR) for the third quarter of 2011.
Capacity changes for Towergate MGAs
Fusion and Towergate Underwriting Household have both confirmed new capacity deals for the next five years.
Improved GWP for Allianz's UK non-life operation
Allianz has reported gross written premiums (GWP) of €525m (£450m) for its UK property casualty insurance operations for the three months ended September 2011.
Allianz promotes its own to build executive team
Allianz Commercial has announced two executive appointments from within the company.
Allianz rolls out fleet changes
Allianz has unveiled new motor fleet products in a move to separate small fleet cover from that for mid to large businesses.
Three top insurers suffer from Irish downgrade
Aviva, RSA and Allianz have all been restricted from providing cover for Irish state companies due to the country’s demotion by credit rating agencies.
Mitsui Sumitomo completes regional office network
Mitsui Sumitomo at Lloyd’s has confirmed the completion of its regional office network with the opening of branches in Belfast and Glasgow.
Product roundup: MMA reveals home truths about retendering
MMA’s research into brokers and schemes makes for interesting reading, revealing as it does that brokers’ main reason for changing the holding insurer of a scheme is the promise of more commission. The study also reveals that the most frequent time to…
Market moves: Making moves in the Midlands
The Midlands was the place to be this month with numerous appointments and promotions at all levels, with Commercial Express in particular the source of a few moves. Lorica and Oxford Insurance Brokers also added several employees to their teams.
Axa, Allianz and QBE in the frame for HSBC
Allianz and Axa are among the potential bidders for HSBC’s general insurance business, according to reports.
Products roundup: Blanc divorces simple from complex at Axa
Amanda Blanc’s long-awaited strategy for Axa Commercial is unveiled this month and she is confident that it is what brokers want and need from an insurer. The division of simple and complex risks certainly seems to make sense and brokers may welcome the…
Allianz partners with Fix Auto UK
Allianz Insurance has revealed that it has partnered with Fix Auto UK for its national accident repair services.
Torrance says legal protection business must change
Allianz UK’s chief executive, Andrew Torrance, has confirmed that the insurer’s legal protection business will have to change “significantly” as he reported flat profit levels in the first half of the year despite a £50m increase in gross written…
Allianz overhauls its motor repair network
Allianz Insurance has restructured its motor repair supplier moving to a consolidated supplier network structure consisting of nine regional repairer groups.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Holt promoted to expand QBE's broker footprint across UK
QBE has promoted Judy Holt to the role of head of UK Broker Development with immediate effect.
Insurers are flooded with escape of water claims
Nearly one in five claims made on buildings and contents insurance is for damage caused by escape of water, costing £2m every day, according to research from the Association of British Insurers.
GWP growth at Allianz UK
Allianz Group has reported a 4.5% increase in its UK gross written premiums to €533m (£464.5m) in the first six months of 2011, up from €528m in the same period of 2010.
Chris Hanks' replacement as CII president elected
Julian James has been elected 115th president of the Chartered Insurance Institute (CII).
Aviva's rising share price sparks bid rumours
Aviva’s leap up the blue-chip index has ignited further market speculation that at least two insurers could be mulling over a possible approach worth 575p a share valuing the insurer at £14.8bn.
Aspen swoops for M4 renewal business
Aspen Insurance has announced that its regional platform, Aspen Risk Management, has agreed to purchase certain commercial insurance renewal rights and other related assets from M4 Underwriting.
Update: Axa stands alone in its voluntary ban on referral fees
Insurers have said they are not prepared to follow Axa’s lead in the banning of referral fees for personal injury.