News: Insurance

View:
 

Found press releases

 

Having fun and raising money for charity at world’s largest Mascot Race

This year’s eighth Mascot Gold Cup, held at Wetherby Races in April and once again sponsored by Foresters, the international financial services organisation, has been described as a “classic”.
Thought to be the world’s largest Mascot race, this is a fun and fund-raising event where people dress up in costumes and run the track at Wetherby races, jumping over fences and seeing who can cross the finishing line...

Caravans are not just for the summer holidays says leading caravan insurance bro...

With an estimated 1.5 million people regularly taking touring caravan / motorhome holidays*, caravanning is a popular holiday choice. Many people, however, don't just use their caravans more than once or twice a year for holidays, but for weekend breaks throughout the year too. With this in mind, caravan insurance specialists Cover4Caravans.co.uk asked their customers how often they...

First quarter 2013: Good start to the year

The Group recorded a profit before tax for the first quarter of NOK 541 million (1,427). The result includes the previously announced impairment loss of NOK 611 million on the investment in Storebrand.
The profit from general insurance operations measured by the underwriting result was NOK 343 million (506). The decline in the result from the corresponding period last year was primarily due to lower run-off...

Allianz Global Assistance Releases 2012 Financial Results

U.S. Business Unit Reports Revenue of 330 million euros, up 11% from 2011
RICHMOND, Va., May 6, 2013 – Allianz Global Assistance Group, the parent company of Henrico-based Allianz Global Assistance USA, announced its 2012 financial results and confirmed its ambitions for 2015 at a recent press conference in Paris. The Group reported that growth in global revenue was up 9% over 2011, leading to 2012 revenue of...
 

Self-Build Zone offers free NaSBA membership during National Self Build Week

Self-Build Zone is to offer free NaSBA membership to customers that complete a short survey and purchase either a Structural Warranty or Site Insurance policy during the National Self-Build Week


Leading self-build site insurance and structural warranty specialist Self-Build Zone is to offer free NaSBA membership to...

Bought By Many puts Over 65s back in control of travel insurance

Bought By Many partners with Travel Adder to offer a new fairer travel insurance deal for Over 65s
London, 1 May 2013 – Bought By Many, the company bringing people power to insurance, has partnered with travel insurance specialists Travel Adder to launch a new offer for Over 65s.  People over 65 can now save 8.6% on all policies from Travel Adder,...

Länsförsäkringar Alliance: Interim Report January - March 2013


· The solvency capital increased SEK 1.1 billion in the first quarter

· The technical result in the non-life insurance operations amounted to SEK 265 M (183). The combined ratio for the rolling 12-month period was 96% and for the quarter was 99% (101) and investment income amounted to SEK 1,188 M (1,523).

· Operating profit for the Bank Group amounted to SEK 136 M (131). Net interest income strengthened to SEK...

Länsförsäkringar AB: Interim Report January - March 2013


· Consolidated operating profit amounted to SEK 186 M (258). The return on equity was 4% (6).

· The Group’s equity rose SEK 678 M to SEK 14,593 M in the first quarter 2013.

· Operating profit in the non-life insurance operations amounted to SEK 57 M (162). Premiums earned amounted to SEK 1,085 M (1,094).

· Operating profit for the Bank Group amounted to SEK 136 M (131). Net interest income strengthened to...

Länsförsäkringar Hypotek: Interim report January-March 2013

” Länsförsäkringar has a balanced and stable growth in mortgages and a continued increasing net interest income. Credit quality is high with a level of loan losses and impaired loans, which are virtually nil. Funding was successful during the period and the liquidity situation is strong,” says Anders Borgcrantz, President of Länsförsäkringar Hypotek.

The period in brief

· Net interest income increased 29% to SEK...

Länsförsäkringar Bank: Interim report January-March 2013

”Länsförsäkringar is growing in its entire banking business. We strengthened our market position in deposits. The loan portfolio, which largely comprises mortgages for private individuals’ homes and first-lien mortgages to the agricultural sector, continues to maintain high credit quality. The capital situation strengthened during the quarter by the bank receiving a conditional shareholders’ contribution and by the...