Insurer
Travel insurance : 1 in 5 Brits travel uninsured
One in five UK holidaymakers chooses to be uninsured when jetting off on holiday, new research shows. With many Brits currently looking for winter...
Appointment : Vivek Banga new Head of UK Distribution
Brit Insurance, the international general insurance and reinsurance group, is pleased to announce that Vivek Banga, currently UK Distribution Leader, Small Business...
Home insurance : Homeowners “At Risk” with Buildings Insurance Cover
BCIS (The Building Cost Information Service of the Royal Institution of Chartered Surveyors) releases research highlighting how a high proportion of homeowners could be...
Customizing your insurance : The New Economy emerges in the insurance sector and grabs market share
Insurance has for decades been a simplistic, One Size Fits Whether You Like It Or Not cash cow. Until now, not much has changed...
Allianz : investment in Channel Tunnel rail
The German insurer joins CKI, the investment group owned by Hong Kong billionaire Li Ka-shing and two consortia - Eurotunnel, Goldman Sachs and M&G...
Appointment : New Directors appointed to the boards of Brit Insurance Limited and Brit Syndicates Limited
Brit Insurance, the international general insurance group, announces the appointment of four new board directors to its two main underwriting platforms: Brit Insurance Limited...
AIG : AIA may raise up to 20 billion dollars in IPO
AIA Group Ltd said Sunday it could raise up to 20 billion US dollars in a global public offering, putting it on track to...
Joint venture : Mercuries buys U.S. MassMutual stakes
U.S. based insurer MassMutual will sell its stake in a joint venture with partner Mercuries Corp for T$3 billion ($97 million), in the latest...
External growth : AXA buys majority share in leading Azerbaijani insurer
French insurance giant AXA has bought a majority share in leading Azerbaijani insurance provider MBASK, the Azerbaijani company said Thursday.
MBASK said in a statement...
Pensions tax relief proposals
The life and pensions provider is pleased the Government is both listening to and working with the industry.
Friends Provident believes the Government's proposal to...
Tower Australia meets with investors
Life insurance company Tower Australia Ltd met with investors this week for first time ahead of a possible bond issue, a fund manager said...
AIG : Commences Exchange Offer
American International Group Inc. (AIG) on Friday commenced an offer to exchange up to 74.5 million of its equity units, a move that comes...
Appointment : Neil Hammond is AXA new casualty manager of mid corporate risks
AXA Insurance has appointed Neil Hammond as casualty manager of mid corporate risks. Neil will be responsible for driving the profitable growth of the...
Aviva brand campaign : customers Mr and Mrs Jewitt
Back in October 2007, new Aviva employee Mike Matwiejczyk had his training put to the test when he took a call from a customer...
Landmark judgement backs start-up companies and employee freedom in Ireland’s technology sector
Specialist insurer Hiscox has praised today’s judgement in the Irish courts backing technology company HWM in their defence against claims of copyright infringement and...
Report : AIG lowers Asian unit IPO valuation
US insurer AIG said it planned to press ahead with the Hong Kong initial public offering of its Asian unit despite a disappointing valuation...
Acquisition : RSA acquires GCAN Insurance in Canada
RSA Insurance Group plc (RSA) announces the acquisition of GCAN Insurance Company (GCAN). GCAN is a leading Canadian mid-market, large risks & specialty commercial...
Financial rating : U.K. Insurer AXA Sun Life PLC Downgraded To ‘A-‘
Standard & Poor's Ratings Services said on September 15 that it lowered its long-term counterparty credit and insurer financial strength ratings to 'A-' from...
AIG : Asian unit IPO valuation lowered to woo Kuwaitis
US insurer AIG has been forced to reduce its valuation for the Hong Kong initial public offering of its Asian unit AIA to win...
Appointment : Sir Howard Davies and Paul Manduca to join Prudential
Britain's largest insurance group has earmarked ex-Financial Service Authority chairman Sir Howard for a non-executive role with Paul Manduca – another respected City figure...
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