Insurer News – Page 154
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NewsQBE bosses slammed by shareholders over CEO pay
Shareholders have hit back over QBE’s planned executive remuneration package and climate risk transparency, after the insurer posted record losses
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NewsCovéa Insurance profits hit by Ogden, claims inflation
Covéa Insurance’s profits fall by over a third for 2017, hit by the effects of the Ogden rate cut and claims inflation
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NewsLancashire posts strong Q1 results after a tough 2017
Specialist Lloyd’s insurer hails an improved underwriting performance contributing to a rise in profits in the first quarter
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NewsZurich unveils major UK shakeup
Zurich reveals major changes to its UK underwriting operations and announces a round of hires from rivals
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NewsLloyd’s on the hunt for new CFO
The search for a new chief financial officer begins, as John Parry bows out from Lloyd’s
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NewsMotor premiums hit highest level for Q1 since tracking began – ABI
Civil Liability Bill progress and new car registrations could be leading to lower premiums compared to Q4 last year, but Q1 premiums are still at their highest level since the ABI began tracking them
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NewsAviva ends all business with GRP-owned broker over commission demands
Aviva scrap all Alan & Thomas agency as the GRP-owned broker demands higher commission
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NewsAXA to provide £20m of capacity to Gresham
AXA and Gresham sign three-year deal where the insurer will provide £20m of capacity
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NewsAnother senior QBE man makes the leap to MGA Volante
Talbir Bains’ MGA Volante makes its second senior appointment from QBE this year
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NewsAXA partners with insurtech start-up to target less frequent drivers
AXA head of motor Neil Mercier says insurtech deal a part of the insurer’s wider strategy to reach customers with different needs
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NewsTwo companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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NewsBroker backlash at 'fundamentally flawed' solicitors’ PI reform proposals
The SRA is proposing changes to Solicitors’ professional indemnity insurance, which will move the minimum cover limit to £500,000 or £1m for conveyancing
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NewsWaste company in £4.8m battle with Zurich over convicted 'machete attacking' director
Niramax Group says Zurich should pay the claim for a plant fire, regardless of shadow director’s 2010 conviction for attack involving 16-inch machete
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NewsThe Hanover considering selling Chaucer amid strategic shake-up
The American company says the sale of its specialist insurer and Lloyd’s syndicate is possible as it looks for strategic alternatives
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NewsEx-LV= boss O'Roarke joins Aviva
Former general insurance boss at LV= becomes non-executive director at Aviva
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NewsFlood Re backs “Flood Performance Certificate” for homeowners
Homeowners could benefit from having a certificate which shows how well prepared for a flood it is, suggests think tank
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NewsAspen shares jump amid takeover talk
Rumours are swelling that Aspen Insurance could be on the verge of a takeover
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NewsClaim on burned down £760,000 home rejected after bedroom miscount
A father of four left with a £460,000 bill after filling in his home insurance policy incorrectly is appealing to the underwriter to change their minds and accept the family’s claim
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NewsAllianz make record £63m fraud savings
Allianz has posted figures for 2017 showing it was a record year in fraud savings for the company, saving £62.8m
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NewsFCA investigating Aviva shares cancellation despite u-turn
Aviva’s decision to cancel securities shares backfires, as investors convince it to reverse the decision and the FCA steps in
