All Agenda articles – Page 7
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AgendaDanish regulator orders Gefion stop expansion of business as solvency ratio takes further hit
Unrated Gefion must raise capital to restore its solvency ratio and allow it to start expanding again, as regulator inspection finds significant issues in the company’s management system
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Jobs lifeline for Ageas staff as Ardonagh business takes over Stoke office
The Atlanta Group is set to offer roles to the majority of the 220 Ageas staff working in the Stoke-on-Trent office
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Brokers scramble for new premium financing amid Gefion crisis
Premium finance providers cautiously accepting new Gefion policies as brokers seek replacement Premium Credit deals
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Zurich appoints Amanda Blanc successor
A week after Amanda Blanc’s shock resignation, Zurich appoints her successor to lead the European business
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Davies picks up two firms with acquisition
Latest Davies acquisition adds two firms to the group with an expertise in motor claims
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Bollington reassures brokers of Gefion plan amid Premium Credit axe
Gefion has 45 days to restore its solvency ratio or faces losing Premium Credit as a finance provider on its policies
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Gefion bombshell as major premium finance provider pulls out
Leading premium finance provider announces it will no longer finance policies where Gefion is the underlying carrier
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Brokers hope for quick Amanda Blanc industry return after ‘big loss to Zurich’
Brokers shocked at Amanda Blanc’s resignation from Zurich, and hope she will make a return to the industry soon
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Mass resignations spark Marsh-Hyperion staff poaching legal battle
Court papers have been filed accusing Hyperion of co-ordinating the resignation of 47 employees to either pick up clients or force a sale of certain JLT Specialty divisions
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Chubb to stop writing coal-related policies
Climate change given as the reason Chubb will no longer underwrite the construction and operation of new coal-powered plants
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Gefion solvency ratio sinks to 105% as regulator inspection bites Danish carrier
Danish regulator orders recalculation of solvency ratio as part of ongoing inspection into the unrated insurer
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FSCS begins compensating LAMP policyholders
Owner of MGA with affected policyholders said he was pleased with the speed at which customers had been paid
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RSA continues Global Risk Solutions shake-up with new chief underwriting officer
The Global Risk Solutions unit has been undergoing a raft of changes after making huge London market losses last year
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ABI criticises consumer body’s ‘auto-upgrade’ rule as dual pricing solution
Recommendation from the Financial Services Consumer Panel had suggested automatically moving customers to new products
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Broker wins help Acturis to improved results
It’s annual results revealed a record number of new broker and insurer users
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Lloyd’s transformation strategy continues as £53m emerging risks facility launched
Facility gives Lloyd’s underwriters scope to experiment with new risks
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Covéa Insurance eyes broader e-trade offering
As the Insurance Times broker e-trading survey identifies a weakness in breadth of cover, Covéa launches a new commercial combined product
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Lloyd’s suspends member for ‘inappropriate’ drunken comments
Lloyd’s chief executive John Neal reveals suspensions have already been issued to members as part of efforts to drive out sexual harassment and bullying
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Regulators monitoring Lloyd’s for progress on tackling sexual harassment
The Bank of England’s director of insurance supervision said she was looking for “demonstrable progress” from Lloyd’s in a speech today
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Competition watchdog urges brokers and insurers to increase the pace of tackling dual pricing
CMA update on dual pricing recommendations finds businesses have not yet done enough to treat loyal customers fairly
