Insurer News – Page 224
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News
UK storms will significantly weaken 2015 household insurer earnings – Fitch
Ratings agency also warns that failure to keep up flood defence spending could lead to higher-than-expected claims for the UK’s Flood Re scheme
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News
FSCS refunds premiums owed to 2,600 customers of failed insurer ERIC
FSCS says it is working with ERIC to determine the payment details of the remaining policyholders
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Man found guilty in £120,000 ‘crash for cash’ con
Rajesh Kurmi is part of a gang of eight due to be sentenced in March
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News
Principal buys iGO4's motorcycle book
The sale will leave iGO4 to concentrate on its core businesses; private motor, van and home insurance
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ABI’s Dalton slams ‘misdirected’ calls to extend Flood Re to SMEs
General insurance policy director suggests flood solutions for businesses
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RDG plots major entry into non-standard market with MGA acquisition
Purchase of £30m GWP Midas will also enable RDG to expand insurer relationships
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Ageas names Niraj Shah as new underwriting director
Shah moves up to fill Retail Direct MD Adam Clarke’s old role
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RSA looks to Aviva and ERS for new broker-facing execs
Regan Shaw and Michelle Taylor join insurer’s strategic account team
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RSA expands marine management team with appointments
Insurer says hires will help it to meet the challenges and opportunities in marine insurance market
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Storms' effect on property insurer profits 'only moderate'
Storms will slow down decline in premiums, but not reverse it, says AM Best
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Willis/Towers Watson merger completed
Willis GB boss Nicholas Aubert named as head of Great Britain for the combined entity
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Agenda
Amlin merges UK and European arms
Move looks set to reduce the insurer’s regulatory footprint
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Agenda
Barbican grows marine team with underwriter hire
Move comes after branding reshuffle at the firm
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News
Markerstudy unveils new brand for Chaucer motor book
Acquired business to be renamed Zenith Marque from March this year
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UK motor reinsurance rates show signs of softening
Loss-free policies got price reductions of up to 10% in January 1 renewals, says Willis Re
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Anthony Baldwin named chief executive of AIG's UK division
Baldwin’s appointment follows the departure of Jacqueline McNamee which was reported in November
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News
Ex-Towergate Underwriting personal lines boss joins AXA
Nel Mooy has been appointed as head of travel for the insurer’s intermediated and corporate partnership arm
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Barbican combines services into single brand
Barbican Protect to serve SMEs in UK, Ireland, Channel Islands