business
Half of Britain’s small businesses feel positive in the lead up to Christmas
Christmas can be a difficult time for Britain’s small and medium sized businesses, however over half (52%) of SMEs are feeling positive about trade...
MMA : 40% growth in regions for bespoke commercial business
In the last 12 months MMA Insurance has seen a 40% increase in total regional growth for bespoke commercial business traded through its seven...
SCOR is selling its subsidiary Investors Insurance Corporation
SCOR is disposing of its US Fixed Annuity business through the sale of its subsidiary Investors Insurance Corporation (IIC) for USD 55 million. SCOR...
New : Dual’s blog sais no love lost between business and technology
DUAL Corporate Risks is launching a blog that explores the turbulent love-hate relationship between business and technology functions within the insurance industry.
Tim Grant, head...
Aviva urges SMEs to plan ahead of a disaster
Small and medium sized businesses (SMEs) are putting their livelihoods at risk by not taking the time to prepare disaster recovery and business continuity...
Cyber crime : nearly a quarter of SMEs concerned about the risk
New research by specialist small business insurer Hiscox reveals that 75% of SMEs do not feel completely confident that their office premises are safe...
Swiss Life bought rival’s Nationale Suisse life business
Swiss Life has bought the life insurance business from rival Nationale Suisse for an undisclosed sum, a deal that further expands the offering of...
Transaction : RBS readies to sell off life insurance business
The Royal Bank of Scotland (RBS) is preparing to sell off or float its insurance unit, which includes familiar names such as Direct Line,...
Award : Brit Insurance’s Alan Groves receives the CII’s prestigious Rutter Prize
Brit Insurance, the international general insurance and reinsurance group, is pleased to announce that Alan Groves, Reinsurance Contracts Manager for its Reinsurance business unit,...
Appointment : Dual appoints Tim Grant Head of e-business
Specialist underwriting agency DUAL Corporate Risks has appointed Tim Grant as Head of e-business. Grant's appointment follows the previously communicated decision to develop an...
Announcement : UIB to trade electronically with Lloyd’s
Lloyd’s has confirmed that insurance broker UIB is the first to successfully send a live endorsement request message through the London Market’s ACORD messaging...
Announcement : Aegon keeps protection but shuts pension admin division
Aegon today provides further details on the implementation of its plans, announced in June, to restructure and refocus its business in the United Kingdom....
Report : UK needs to prepare for climate change
Insurance costs will rise for home and business insurances if Britain does nothing to prepare for the impact of climate change.
"The UK must start...
New Ecclesiastical study shows money spent on training pays dividends
The potential for high quality sales training to improve development underwriters’ ability to generate new business was proven today by a new study published...
British insurer Aviva rejects 5.0 billion-pound takeover
British insurer Aviva said Monday it had rejected a takeover bid for part of its business from rival RSA worth 5.0 billion pounds (6.0...
Insurer Prudential says profits soar, despite failed AIA bid
British insurance giant Prudential said on Thursday that profits jumped 41 percent in the first half, and cut the cost of its failed takeover...
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...
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...
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...
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...
