Financial / Results – Page 179
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News
FCA regulation of insurance sector is 'not cost-effective' - MP
Funding model suggests that UK firms are paying for supervision of other non-insurance broker entities - MP Craig Tracey
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Flood Re completes £2.1bn reinsurance deal
Programme was ’significantly oversubscribed’, says chief executive
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Agenda
Ryan Specialty completes takeover of MGA Hunter George
The insurer is looking to expand its underwriting talent in EU markets
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Agenda
Slater & Gordon in debt restructuring talks after share price plummets
The Australian firm bought the legal arm of Quindell, now Watchstone, for £600m before the problems started
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Agenda
Henderson considers AIM listing, says may soon announce acquisition
Broker reaches £30m revenue milestone after 30 years in business
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News
Union urges RSA to review office closure amid 190 jobs risk
Birmingham office closure a ‘big blow’, says Unite
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Analysts praise Zurich's new hotshot boss Greco
Former Generali boss is the right man to lead Zurich into better times, say analysts
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AXA South West and Wales branch premiums jump 35%
Branch manager Ian Bromfield says insurer is aiming to continue the growth it has seen over the past 5 years
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Comparethemarket owner BGL plotting stock market float
But broking group said no firm decisions have yet been made on listing
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Moody’s downgrades AIG’s main non-life units
Ratings cut to A2 from A1 after $3.6bn reserve strengthening
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AIG's $25bn restructure gets lukewarm reception from stock market
Share price rises less than 1% despite promises of a large capital return
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AIG injects $3.6bn into non-life reserves
Company vows “aggressive” underwriting remediation in US casualty
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AXA UK publishes personal lines claims payment stats
Insurer paid out 99.8% of motor claims and 83.7% of home claims
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Zurich heading for fourth quarter net loss - Moody's
Ratings agency says loss will hit group’s key financial ratios
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Broker Network targets budding entrepreneurs for start-up scheme
Network already helped to set up five firms in 2015
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AIG reportedly could ringfence worst-performing business
Strategy aimed at fighting of activist investor Icahn
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Grayling: Ministers and insurers discussing flood solution for business
Commons leader responds to concerns about lack of cover for businesses under Flood Re