Latest News – Page 1262
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AnalysisDaily briefing: Friday - Fight or flight?
Aviva has a battle on its hands as rivals gear up to snatch its SME market share, while Zurich's aggressive action has paid off ... this time
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Online onlyBluefin to cull agency relationships
Broking giant Bluefin is to cut its 462 agencies and create bigger books with fewer partners.Bluefin will also aim to increase its commercial book with AXA to help the French insurer increase gross written premium from £800m to £1.2bn by 2015.Chief executive Stuart Reid said: “We are going to have ...
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Online onlyLower reserve releases cut Allianz UK profit
Allianz UK made a first-half 2011 operating profit of £77.5m, down 1% on the £78.4m it made in last year’s first half.The company attributed the drop to lower reserve releases from prior years during 2011.Allianz’s combined ratio increased slightly to 96.1% from 95.3%. However, chief executive Andrew Torrance hailed the ...
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