Insurer News – Page 543
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NewsMunich Re to release 5% of capital in £862m buyback
Analysts fear a vulnerable European market makes this a bad time for reinsurers to let go of capital
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NewsAIG shows signs of turnaround with $1.5bn return to profits
Sale of foreign businesses AIA and MetLife would half company debts
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NewsSolvency II launch prompts fears of Euro insurance exodus
European Commission called upon to provide transitional measures to prevent market disruption
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NewsBrit stays firm on walking away from unprofitable business
Chile earthquake set company back £46m
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NewsAXA motor revenues rev up as property and casualty idles
New business is stable overall despite a 10% fall in France
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NewsRSA shrugs off the effects of shrinking exposures
Rate rises and expansion in broker personal lines and affinity help lift premium growth
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NewsCommercial rates still soft but Aviva is on track, says GI boss
McMillan maintains flexibility on commissions
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News£3bn is the magic number for new cover at Euler Hermes
Chief exec Desnos reports company is back in growth mode
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NewsRBSI slashes workforce by 2,000 to shape up for sale
Following Q1 losses of £50m, chief executive Geddes hopes low prices will draw in customers
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NewsProvident still hunting for buyer following £31m loss
US-owned company suffers after physical injury claims rise and value of its investments falls
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NewsZurich Q1 profits hit by Chile losses
Growth prospects are being held back by company's tough stance on rates
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Allianz wins RK Harrison tender
RK Harrison hands Allianz five-year deal for print account
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Online onlyRSA extends repair service
RSA Motor Operations extends customer repair services to large vehicles
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Online onlyMPLC adds two Lloyd’s Syndicates
International medical professional liability limits increased to £20m
