All Insurance Times articles in On-Line Archive – Page 324
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Misys shares down as profits fall 45%
Misys announced a "disappointing" set of results showing profits down by 45% and revenues down by 10% in the six months to 30 November 2003.The software group's financial services division, which ...
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Downgrade for Allianz French and German marine and aviation operations
Ratings agency Standard & Poor's downgraded the German and French marine and aviation operations of Allianz to A- from A+.The businesses together are known as AMA.Credit analyst Emmanuelle Cal ...
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Brit's capital reorganisation no threat to rating - Fitch
Brit Insurance had its financial strength rating affirmed today after announcing plans to reorganise its capital structure.Fitch Ratings affirmed Brit's A rating with a positive outlook.The ag ...
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4.5m drivers inexperienced in snowy conditions
Insurers are bracing themselves for a spate of claims associated with the snow expected next week, says the AA.The UK's biggest home and car insurance broker warned that many new drivers would lac ...
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Groupama signs up AXA pair
Groupama Insurances has signed up two senior figures from AXA.Phil Bird, will become Groupama's director of non-motor and SME underwriting and Kate Mutter will head the group's sales and agency ac ...
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Brown stands down at XL Capital
XL Capital Ltd has announced the retirement of its chief executive of the insurance operations, Nicholas Brown. Brown has chosen to retire, the company said, effective April 1, 2004. Clive Tobin, ...
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Callidus revenues soar in fourth quarter
Callidus Software reported revenues up by 176% to $22.3m in the fourth quarter compared to $8.1m in the same period last year.Total revenues in 2003 were $71.7m, an increase of 170% over total rev ...
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Pet cover chief speaks out on radio
Healthy Pets chief executive Mark Effenberg has defended the pet insurance industry in a Radio 5 Live debateThe show followed a report in Consumers' Association publication Which?T ...
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A2 insurance financial rating of Atradius Credit
Rating agency Moody's confirms the A2 insurance financial strength rating of Atradius Credit Insurance NV.
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Omni Whittington wins run-off for Talbot's Syndicate 376
Talbot Underwriting Ltd (TUL) has placed the run-off of Syndicate 376 with Omni Whittington Capital Management Ltd. TUL said it will contact all brokers and assureds in the next two weeks concerni ...
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Brit holidaymakers show ignorance abroad
A third of British holidaymakers are travelling abroad knowing very little or nothing at all about the country they are visiting, leading to claims on holiday insurance.
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FSA to watch over questionable advertising
Insurers will need to monitor the way they advertise any promotions on offer, following news that the FSA plan to track and fine any questionable advertising.
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Passengers left stranded as BA cancels flights
Airline passengers have been left stranded today at Heathrow and Gatwick aiports as British Airways cancels flights due to bad weather.
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Fairy lights blamed for Christmas house fires
Cheap imported Christmas tree lights were a particular cause of house fires over the festive break.Emergencies left some families needing to be rehoused over the holiday period.Chris March, dire ...
