All Insurance Times articles in Issue 04-12-2008 – Page 2
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NewsAre you being served?
Not all that well, say Britain’s brokers in this year’s survey of service from insurers. Hiscox and Chubb got first-class honours, but it’s a different story for companies in the chart’s lower reaches
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BackchatBackchat
Creme de la crimeDespite the best efforts of Groupama big cheeses Francois-Xavier Boisseau and Laurent Matras – who could build quite a career in comedy if insurance doesn’t work out for them, what with their “Ooh, aah Groupama” routine – the entertainer “Keith the thief” stole the show at the ...
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NewsPoor markets force AXA to give up financial targets
AXA Group has torn up the “Ambition 2012” financial targets it set in 2004 and issued a profit warning. The insurer’s ambition to triple operating earnings and double income by 2012 was based on the assumption that equity markets would grow each year by 8%.But it said this week that ...
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NewsAmlin looks to the US for non-catastrophe business
It’s an obvious market to look at – although we’re not in a hurry to get in, says Lloyd’s insurer
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NewsMore jobs to be cut at Allianz Retail
Allianz Retail general manager Jon Dye has continued his shake-up of the business, cutting another 90 jobs.The job losses follow a September restructure of the retail division that could lead to up to 170 redundancies by June next year. The new cuts are the result of a plan to refocus ...
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People & OpinionColumnist: What are we all doing here?
Philippe Maso on why a global financial crisis is the perfect opportunity to reflect on how the insurance industry works
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NewsCullum linked to Utley’s bid for Hastings and Advantage
Towergate chairman and private equity groups line up to back management buy-out
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NewsWe’re not about to sell to rival, says GAB Robins
The loss adjuster GAB Robins has denied reports that it is in due diligence with a third party over a sale.However, it is believed Cunningham Lindsey, a rival loss adjuster, could make a move for GAB Robins’ international division.The private equity firm Stone Point Capital, which has a controlling stake ...
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NewsAon to axe 700 jobs as Harmer revamps business
Rival broker Willis also confirms losses, but denies report that 400 employees could go
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NewsLucas Fettes plans more growth as turnover lifts 11%
Lucas Fettes has announced an 11% increase in turnover to £12.3m for the year ending 31 March 2008. Operating profit rose 7% to £799,864 in the same period.“We achieved this through the maturity of more of our trading divisions, while also taking into account the funding of developments that have ...
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