Insurer News – Page 212
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Marketform completes underwriting review
Lloyd’s underwriter says broader strategic review is continuing
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Randall & Quilter buys Rank run-off company
R&Q will amalgamate acquisition into its Capstan consolidation vehicle in Guernsey
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RSA pays new finance boss Scott Egan £1.6m ‘golden hello’
Payments compensate Egan for bonuses he forfeited on leaving Towergate
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Aviva's underlying earnings 'going backwards' says analyst
Aviva’s underlying earnings have been “going backwards” in recent years, according to Berenberg insurance analyst Trevor Moss. In a sell note issued on the insurer, Moss said Aviva’s profits have been “heavily flattered” by one-off restructuring benefits, which he said are unsustainable. “In our estimation, underlying ...
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Gallagher/Portsoken judge rules on remaining parts of court order
Lawyers were also able to agree over most of the search terms that computer expert will use
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Lloyd's 2015 pre-tax profit falls as underwriting result slips
Gross written premiums rose, but investment income falls
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Judge denies Gallagher speedy trial in Portsoken case
Justice Slade said for the “administration of justice” a realistic date for the trial is October
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Direct Line’s Geddes and Reizenstein to get 2.5% pay rise
Geddes took home £4.8m and Reizenstein £2.8m in 2015
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PRA deputy tipped for top role
Lyndon Nelson is among a group of candidates who have been interviewed for the role of PRA chief executive - reports
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CMA to launch fresh probe of price comparison sites
The competition regulator wants to find out if problems exist in the sector
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Poor communication is still big driver for motor complaints to FOS
FOS said when insurer fall back on jargon like “misrepresentation” or “fault claim” it can leave people frustrated
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Arthur J Gallagher buys insurance management firm
Kane Insurance Management specialises in captive consulting and Insurance-Linked Security
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SMEs split over Brexit - Zurich
Zurich says noise surrounding EU Referendum is creating uncertainty about the risks to small and medium businesses
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SRA warns lawyers over breaching referral fee ban
The SRA is planning to carry out a review of the personal injury market this year
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Credit card insurer CPP tries to fend off boardroom coup
Asset manager Schroders wants to replace chief executive and chairman
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AXA group boss Henri de Castries to retire in September
AXA Germany head Thomas Buberl to replace long-standing chief
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Broker Network launches exclusive etrade AXA home offering
The network is also planning to launch an AXA mini fleet product and four Ageas SME products on Acturis
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NFU Mutual GI arm reports 83.7% increase in profits
Insurer’s COR improved by 10 percentage points despite £50m bill from December storms
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Flood Re gets A- rating from S&P
Ratings agency will downgrade scheme if UK insurers do not use it sufficiently