All Archive articles – Page 874
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Aviva extends Spanish footprint with bancassurance partnership
Aviva has entered into a bancassurance partnership with Spanish savings bank, Caja de Granada.Aviva said it expects the partnership to enhance its strong position in the Spa ...
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AM Best confirms SCOR's financial strength rating
AM Best has affirmed the "A" (excellent) financial strength rating of the SCOR GroupIn a statement AM Best said: "The affirmation reflects SCOR's maintena ...
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Cornhill and NU pledge to continue flood cover
Several leading insurers have announced they will continue to offer insurance cover to people living in flood-prone areas.In a move to offer complete assurance to its policyholders in flood risk areas, Churchi ...
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Conference News: Industry must rebuild consumer confidence
The insurance industry will never win the public's trust if it does not reduce the complexity of its products, savings guru Ron Sandler told the conference.Sandler, who did an influential report o ...
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Conference News: Schroders says more outsourcing on the way
Tough investment markets mean that companies are reviewing their investment management strategies and may start outsourcing more, according to investment managers Schroders.Spokesman Robert Noach ...
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Conference News: Lloyd's clash over regulation
A clash is brewing over the Financial Services Authority regulation of Lloyd's and the market's modernisation plans, AM Best claimed.The credit rating agency, which this week confirmed Lloyd's A- (e ...
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Judge rules insurers can treat WTC attack as one event
A US judge has ruled that Royal & SunAlliance, Hartford Financial Services and St Paul Cos are required to make only one payment in respect of the WTC attacks.The Manhattan judge ruled that the in ...
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Capita Insurance appoints Dye as new MD
Capita Insurance Services has appointed Bill Dye as its new managing director.Mr Dye will be responsible for overseeing its business lines and leading the company through the next phase of its gro ...
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SVB announces a return to profitability
Specialty lines insurer SVB Holdings has announced a return to underwriting profitability in the first half of the year. The company reported a pre-tax profit of £1.6m for the six months to June, ...
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Fitch places Allianz on negative outlook
Fitch Ratings has assigned a `AA' Insurer Financial Strength rating and a `AA-' long-term issuer rating to Allianz Group. The ratings outlook is negative.Fitch said the ratings action reflects All ...
