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The Financial Conduct Authority v Arch Insurance (UK) Ltd & others [2021] UKSC 1 is a United Kingdom Supreme Court case determining whether commercial insurance policies for business interruption cover claims due to the COVID-19 pandemic and consequent lockdowns.
The business was then sold to Allianz in 2006. [5] Shortly after the acquisition, Premierline announced it would be quadrupling its marketing spend to £8m ahead of "aggressive" expansion plans in the UK. [6] Allianz previously owned a 20% stake in the business and replaced Zenith Insurance Company as the main underwriter in 2003. [7]
The parent company, Allianz SE, is headquartered in Munich. Allianz has more than 100 million customers worldwide and its services include property and casualty insurance, life and health insurance and asset management. [19] In 2013, it was number 25 on the global Forbes 2000 list. [42] Countries served by Allianz as of May 2022
Allianz Germany: 88.9 9 People's Insurance Company of China China: 84.5 10 Assicurazioni Generali Italy: 80.3 11 Humana United States: 79.8 12 Berkshire Hathaway United States: 71.6 13 State Farm United States: 71.1 14 Munich Re Germany: 64.7 15 CVS Health United States: 62.2 16 Life Insurance Corporation India: 56.6 17 China Pacific Insurance ...
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The business had become the UK's third-biggest motor insurer with an 11% market share. [20] The transformation of the business was acknowledged by receiving the accolade of General Insurer of the Year at the 2012 British Insurance awards. [21] In 2017, LV= concluded a deal with Allianz to sell its general insurance division for a deal worth up ...
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