PartnerRe Ltd. has reported its financial results for the third quarter and first nine months of 2011, including quarterly net income of $180.1m, equating to $2.43 per share on a fully diluted basis. This is just over a third of the $524.9m ($6.76 per share) the firm made in the corresponding period last year, but [...]
Global insurance broker and risk adviser Marsh has announced the appointment of David Batchelor as head of its International Division. Batchelor, whose appointment is made with immediate effect, will relocate to New York early next year and retain his position as CEO of the EMEA region through 2011. He began his career more than three [...]
The British Insurance Brokers’ Association (BIBA) is merging with the Institute of Insurance Brokers (IIB), with a number of IIB board directors joining BIBA’s board from today. Notably, IIB chief executive, Barbara Bradshaw, has become a BIBA board and executive member, reporting to the Association’s chief executive, Eric Galbraith. In her new role, she will [...]
Aviva will soon be providing enhanced cover for cancer treatment, following the removal of benefit limits for some drugs. In its new cancer “pledge” the insurer says treatments recommended by medical specialists will be covered in full, including targeted therapies such as Herceptin and Avastin, and unlicensed drugs not readily available from the NHS. Aviva [...]
Multi-car households keep around £3,429 worth of items in their garage while £13,487 worth of vehicles are left on the road or driveway. According to new research from Aviva, a quarter of multi-car families are parking a vehicle worth around £20,000 on the drive, rather than in the garage, despite worries that it could be [...]
