Jon Dye News

Former CEO of Allianz UK Appointed as CEO of Hiscox UK

Hiscox, the Bermuda-based specialist global insurer, announces the appointment of Jon Dye as its new UK CEO, effective September 2022, subject to regulatory approval. In his new role, Dye will be responsible for leading Hiscox’s flagship retail business in the …

Allianz Restructures UK Operations into Distinct Commercial and Personal Businesses

Allianz Holdings, the UK subsidiary of Allianz SE, has restructured its operations, to create distinct Personal and Commercial businesses, supported by a number of integrated service functions. These changes represent the next phase in Allianz’s integration of the LV= General …

Plans to Reform UK Insurance Capital Rules Not Part of ‘Deregulatory Agenda’: Minister

Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britain inherited the Solvency II insurance …

Allianz Buys U.K.’s LV General Insurance Group and Legal & General’s Non-Life Unit

Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total consideration by Allianz for 100 percent of …

Keep It Simple, Grow Trust for Future Success, Say UK Insurance Executives

The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology and increasing regulatory burdens. These are just some of the industry challenges cited by Jon Dye, chief executive of Allianz …