news insurance
Aegon UK appoints Gill Scott as HR Director
Aegon UK today announces the appointment of Gill Scott as HR Director.
Gill, previously Aegon UK’s Head of HR - Life and Pensions, has been...
Empty schools at risk of metal theft this summer, warns insurer Ecclesiastical
This summer holiday, British schools are at risk of having valuable lead stripped from their roofs by criminals, causing major damage and leaving the...
Obama says health reform expended Medicare
US President Barack Obama showcased Friday his health care reform for the elderly, saying it had significantly extended the life of a health insurance...
Dual announces another first with launch of e-business strategy
Specialist underwriting agency Dual Corporate Risks has announced another first, launching an e-business strategy targeting small businesses.
The strategy will see the launch of an...
Aegis London appoints new specie team
Aegis London has announced the appointment of a new specie team led by Ian Seakens, Senior Underwriter, and supported by Ian Morton, Underwriter.
Reporting to...
Italian insurer Generali’s profit soars
Italian insurer Generali said on Thursday its first half net profit soared 73.2 percent to 872.9 million euros (1.15 billion dollars) thanks to strong...
German insurer Allianz says net profit plunged in Q2
The German insurance giant Allianz said on Friday that its second-quarter net profit plunged by 45.6 percent from the same period a year earlier...
AIG reports 2.66-billion-dollar quarterly loss
Ailing US insurance giant AIG on Friday said it swung to a 2.66-billion-dollar loss in the second quarter, hurt mostly by the impending sale...
Appointment: James Barclay to become Allianz Legal Protection new claims manager
Allianz Legal Protection is pleased to announce the appointment of James Barclay as the Company’s new claims manager.
James is promoted after spending three years...
Insurer Zurich posts 76-percent profit jump in first quarter
Swiss insurer Zurich Financial Services said on Thursday that its first-quarter net profits soared 76 percent to 935 million dollars (729 million euros), despite...
Insurer Aviva says profits climb in first half
British insurer Aviva revealed on Thursday that first-half profit jumped 21 percent, lifted by rising sales in Asia and Europe, sending its share price...
Reinsurer Swiss Re says it weathers oil spill costs with big profit
Swiss Re, one of the world's biggest reinsurers, reported on Thursday an 812-million-dollar second-quarter net profit despite the cost of disaster damage from the...
XL Insurance presents second quarter 2010 results
XL Group plc today reported its results for the second quarter of 2010.
Commenting on the Company’s performance, Chief Executive Officer Mike McGavick said: ”...
Insurer Axa says capital loss cuts profits 29.0 percent
French insurance giant Axa reported on Wednesday a 29.0-percent fall in net profit for the first half, blaming a capital loss as expected from...
Appointment: Danette Jones to join Marsh as construction practice leader for southwest partnership
Marsh, the world's leading insurance broker and risk adviser, announced today the appointment of Danette Jones as Construction Practice Leader for its Southwest Partnership...
Pakistan hit by worst floods since 1929
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an...
Aon: Pension Scheme deficits shrink by 25% during July
Good performance of equities and rising corporate bond yields have pushed the aggregate accounting deficit to its lowest level this year according to Aon...
Saudi insurer to pay pirates $20mln ransom
A Saudi insurance company is to pay Somali pirates a 20-million-dollar ransom to free a hijacked ship and its 14-member crew held hostage for...
Brokers: MMA launches variable commission for Master Tradesman
Broker-only insurer MMA has launched variable commission rates for brokers transacting new business for MMA’s Master Tradesman product.
From July brokers can select the amount...
NY AG announces probe of life insurance industry
State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
He...
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