Archive for January, 2011

LV= launches 50 Plus TV campaign

LV= is launching a new TV advertisement for its 50 Plus life insurance plan. The ad, which has been designed by creative agency “redtag”, will air on terrestrial, satellite and cable channels from today. Featuring grandparents reminiscing at their favourite beauty spot, the promotion aims to highlight the importance of family, life events and planning [...]

January 4, 2011 | 0 Comments More

Towergate’s Cullum awarded CBE

The New Year’s Honours List has seen Towergate’s Peter Cullum awarded a CBE (Commander of the Order of the British Empire). The honour was granted to Cullum in recognition of the dedication and contribution he has made towards business, entrepreneurship and charitable causes. Since 2006 Towergate has raised more than £4m for various charities, including [...]

January 4, 2011 | 0 Comments More

Munich Re completes Windsor Health acquisition

Munich Re has completed its acquisition of US Medicare provider, Windsor Health Group, Inc. The business has been purchased by Munich Health North America for $131 million in cash, strengthening the subsidiary’s position in the US medicare market. Windsor operates government-sponsored health plans and provides specialty services in the senior segment to more than 75,000 [...]

January 4, 2011 | 0 Comments More

2010′s natural catastrophes account for $37bn in insured losses

Nine hundred and fifty natural catastrophes were recorded in 2010, against a yearly average for the last ten years of 785. According to Munich Re, nine-tenths of 2010′s events were weather-related, although the reinsurer states: “The overall picture last year was dominated by an accumulation of severe earthquakes to an extent seldom experienced in recent [...]

January 3, 2011 | 0 Comments More

AXA CEE acquires Belarusia’s B&B

AXA Central & Eastern Europe is acquiring 80% of Belarusia’s second-largest insurer, B&B Insurance, furthering its expansion strategy in key Central & Eastern European (CEE) markets. B&B Insurance, which operates through a network of around 260 exclusive agents, is focused on the property & casualty insurance market, where it enjoys a 10% market share overall [...]

January 1, 2011 | 0 Comments More