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Progressive to sell Australian insurance business to Hollard By IBR Staff Writer
American auto insurer Progressive Direct Insurance has agreed to divest its Australian insurance operations to global insurer Hollard Insurance Company for an undisclosed price.
General Insurance > Personal Lines > News
Suncorp increases stake in New Zealand general insurer Tower By IBR Staff Writer
Australian financial services firm Suncorp has increased its stake in New Zealand general insurer Tower.
General Insurance > Personal Lines > News Direct Line posts 30% decline in 2016 profit By IBR Staff Writer
Direct Line Insurance has reported a 30% decline in its full year 2016 profits after taking a charge of over £217m due to the changes brought by the UK government in the calculation of personal injury claims.
General Insurance > Personal Lines > News
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Suncorp increases stake in New Zealand general insurer Tower
By IBR Staff Writer
Australian financial services firm Suncorp has increased its stake in New Zealand general insurer Tower.
General Insurance > Personal Lines > News
Direct Line posts 30% decline in 2016 profit
By IBR Staff Writer
Direct Line Insurance has reported a 30% decline in its full year 2016 profits after taking a charge of over £217m due to the changes brought by the UK government in the calculation of personal injury claims.
General Insurance > Personal Lines > News
Pennsylvania liquidates two long-term care insurers
A Pennsylvania state Court has approved the liquidation of Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims to be compensated from the state guaranty association system, subject to statutory limits and conditions.
General Insurance > Personal Lines > News
Aviva expects to take EUR385m charge after discount rate cut
By IBR Staff Writer
British insurance giant Aviva expects to take a charge of €385m on its 2016 post-tax profit due to the UK government’s move to reduce the Ogden discount rate.
General Insurance > Personal Lines > News
View all Personal Lines news or find news targeted to your interests