Sir Roger Hurn abruptly announced that he would step down as Chairman of the U.K.’s Prudential, amid controversy over his...
United Kingdom News
CGNU’s Directors succeeded in getting shareholder approval for their plan to rename the venerable insurer Aviva, as of July 1,...
Oakland-based EQECAT Inc. announced the release of “WORLDCATenterprise (TM) 3.0,” new catastrophe management modeling software, covering risks in 88 different...
Ever since its February announcement that it planned on changing its name to Aviva, CGNU has been under fire from...
The U.K.’s Hiscox Group, which operates as a retail insurer as well as running Lloyd’s Syndicate 33, reported a £32.5...
Although UK insurers have so far weathered the losses from the Sept. 11 attacks, some may still face the threat...
The European Commission has approved the complex series of deals between Zurich Financial Services and Germany’s Deutsche Bank first announced...
Claims Direct, the U.K. company which provides insurance settlement services, reported that it expects a loss of £22 million ($31.3...
Despite its current difficulties – repeated profit warnings, a $387 million net loss last year, the need to replace its...
France AXA Group hopes to acquire the Hôtel Drouot, the collective enterprise that runs Paris’ famous art auctions, and has...