All articles by Alex Wright – Page 4
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Libor scandal could have knock-on for insurers
Experts warn that the Libor rate-fixing scandal could leave insurance firms with losses running into billions of pounds
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IAG moving closer to Equity sale
Australian insurer IAG is in talks to offload its troubled UK operation, but Equity Red Star is not the only proposition out there for hungry buyers
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6-12 July: Alex Wright's week
WednesdayAn action-packed week starts with news of two high-profile departures from Towergate. Thus there is plenty to talk about when I meet with the company’s PR officer that morning. Lunch with CFC Underwriting proves to be a more light-hearted affair as the conversation turns to Olympic celebrations and the infamous ...
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Chartis name dropped in return to AIG
Public use of the AIG name will resume in recognition of the company’s ‘complete turnaround’
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Swinton’s profits rise 22% to £34.3m
Insurer’s 2011 result strengthened by acquisitions and new products
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Aviva warned time is not right to sell GI business
Incoming chairman is expected to announce the sale or closure of 15 divisions
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Calls for law change after court rules against Zurich over fraudulent claim
Insurer wanted judge to strike out entire claim because elements were fraudulent
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All eyes on Aviva
With no one yet to claim Andrew Moss’s seat as chief executive, chairman John McFarlane is wasting no time in making the big decisions
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Moral victory for Zurich in fraud claim
While insurer is still liable to pay genuine part of injury claim, Judge’s ruling sends message to would-be fraudsters
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Law reform would make it harder to avoid paying out
Proposed change to business insurance would reduce firms’ disclosure obligations
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Sacked Halpin’s reputation ‘not tarnished’
Former Swinton boss has ‘been looking at opportunities’ to get back into the industry
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Existing contracts may be exempt from Solvency II
Brussels looks set to soften the impact of the directive following industry pressure
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Villers moves to be Aspen chairman after shake-up
Gives up co-chief executive role at Bermudian (re)insurer
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Brokers hesitant to deal with Groupama UK after parent's junk downgrade
Seventeen Group managing director says it will not deal with firms rated below BBB+
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Halpin talks up prospects post-Swinton
Swinton’s former chief hasn’t let the small matter of a sacking hold him back – and the same can be said of his ex-employer
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Lloyd’s: who’s next for takeover?
M&A activity in the London market is set to continue for the rest of the year
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Bollington’s Moors swipes top place at BrokerMind launch
Event launches country-wide competition to find the UK’s best mind in broking
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Private equity firms eyeing Direct Line ahead of float
New bidders emerge despite insurance group’s plans for flotation to start this year
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Can Brit emerge a more nimble player?
The Lloyd’s insurer’s sales to QBE and RiverStone should release it from a weight of liabilities and capital requirements