Insurer News – Page 213
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Henry Engelhardt in £7m parting gift to Admiral staff
Retiring chief executive gives £1,000 cash gift to employees with at least one year’s service
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S&P: Too-big-to-fail insurer rules face delays
2019 deadline for new capital standards is ‘overly aggressive’, said ratings agency
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Ecclesiastical profit rises 11% after strong underwriting results
UK and Ireland COR drops 3.6 points to 90.4%
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Lloyd’s insurer Marketform shifts malpractice business to rival
Four-strong team moves to Dale Underwriting Partners
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Fitch upgrades Ageas rating after legal settlement
Insurance group’s debt rating increased to A from A-
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L&G’s Holweger: Home insurance rate rises needed
Rivals not factoring long-term weather claims into pricing, insurer’s partnerships MD says
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Chubb launches new motor offering for older cars
Owners of cars older than 15 years can receive pay-out for subsequent loss in value after accident
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IPT increase bad for consumers, neutral for Hastings, says CFO
Further tax increase would encourage clients to shop around more, says Hoskins
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ArgoGlobal launches click and buy portal for drones market
Insure4Drones has been developed with Lloyd’s coverholder JRW Group
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Towergate warns further 'IPT tax hike' could leave SMEs without cover
Kent area director David Armstrong says insurance sector is easy target for the Chancellor
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December storms drive down L&G GI profits by 13.6%
The insurer incurred losses of £15m from December storms
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Cheltenham 2016: Insurance Times insider's tips for first day
The Horse Whisperer looks ahead to the first day at the Cheltenham Festival
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Hastings 2015 operating profit up 19% to £126m
Gross written premiums rise 27% while COR rises to 91.3% from 88.7%
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LV=’s O’Roarke warns of rate inadequacy in SME
Company bolstering regional branches with more staff
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Car premiums up 13% in year to February – Consumer Intelligence
Insurance Premium Tax rise blamed as over-50s see biggest increase, while telematics keeps lid on younger drivers’ costs
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LV= 2015 GI operating profit falls to £72m from £92m
Gross written premiums rise to £1.47bn from £1.39bn – and insurer warns of rate rises to come
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AA: Chancellor could hike IPT to 12.5% in Budget
‘Drivers are not wallets on wheels’ says AA president
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Towergate’s Paul Jewell joins UK General owner
Jewell to head Primary Group’s risk-bearing businesses