All articles by Chris Wheal – Page 3
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Features
Up the ladder
Chris Wheal talks to Jerry Clayton of LFC Insurance about his life and career.
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Features
Carrying Protection
Valentine's Day brings out a carefree approachto romantic liaisons, but insurers have most of the risks well covered
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News
Newquay blaze fans concern over fire risk
Allianz’s multi-million pound loss at the burnt-out Penhallow Hotel in Newquay has reignited insurers’ demands for changes to the way fire brigades operate.The Insurers’ Fire Research Strategy Funding Scheme (Infires) has warned that changes to the requirements for the inspection of commercial properties and falling response times from fire fighters ...
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News
Insurance websites failing their customers
Insurance websites are letting down their customers by providing too little information, independent research has proved.Global Reviews asked 1,000 consumers what they wanted from insurance websites, and benchmarked each against 500 separate demands. The best overall was Direct Line but it scored just 58%, which is low compared with other ...
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Stockwatch – Improved performance but no champers just yet
?For the insurance sector, the turmoil caused by banks’ overzealous lending to both private equity firms and poor Americans has caused less of a crash and more of a wobble.Share prices among UK insurers have been edging their way back upwards. Aviva moved to about the same level as ...
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News
Defence case begins in Independent trial
Former Independent boss Michael Bright started his defence in tears as he told of his personal losses when the insurance company he founded spectacularly collapsed.Bright claimed he did not keep information from his reinsurers and did not know that some claims were being deliberately under-reserved to balance the books. He ...
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News
Insurers failing on foot and mouth
Insurers are letting down the rural business community by failing to offer insurance cover for the impact of foot and mouth disease (FMD).NFU Mutual said farmers could buy cover that would pay out 25% of their herd’s value if the herd were slaughtered.But it said this was used to aid ...
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Lib Dems slam weak fines for uninsured drivers
The government came under fire this week after fines handed out to uninsured drivers fell by a quarter over a decade. Liberal Democrat MPs claimed there was no incentive for drivers to take out insurance with fines being cheaper than buying cover. Official figures obtained by the Liberal Democrats show ...
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Online onlyInsurers bounce back from share falls
Insurance companies have followed the yo-yo trend of the stock market in the last week. Chris Wheal reports
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News
Insurers suffer as debt fears hit market
UK insurance shares took a tumble during last week’s stock market slide, but proved themselves more resilient than most. Shares prices fell worldwide last Thursday as markets recoiled at the prospect of massive amounts of debts going unpaid and credit being squeezed. The London stock market fell more than 3% ...
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News
Cobra float fails to hit £10m funds target
Network’s AIM listing raises only £1m, but acquisitions continue with £7m partner loan
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Insurers square up to government over plans to build more homes on flood plains
Government committed to three million new homes, with 30% on brownfield sites
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