Insurer News – Page 238
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Marine broker expands into energy amid rebrand
Atlantic (UK) Brokers has rebranded itself to ATL Marine and Energy
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GRP’s property MGA in capacity deal with HDI, Liberty and Swiss Re
Existing capacity deal with QBE will now wind down
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Gallagher underwriting divisions merger will improve offering
OIM Underwriting teams will now be known as Pen Delegated Solutions
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Bank of England's Carney says prepare for climate change
Bank governor warns insurers they are in the front line
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Broker Network MGA launches exclusive offering for members
The new eight commercial products will be underwritten by Ageas, ACE and QBE.
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Quindell reports £35.5m pre-tax loss as 'brand issues' slows down sales
The insurance outsourcer also restated its results for the first half of 2014 – reporting a pre-tax loss of £35.7m
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Two insurers join Saga motor insurance panel
Another three are expected to join by the end of 2015
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'Positive motor claims experience' boosts Saga profit by 5%
Within its underwriter AICL Saga says it is not seeing the increases in claims frequency reported elsewhere
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Chaucer's Stuchbery moves up to Hanover group role
Slabbert promoted to replace him as chief executive of the Lloyd’s underwriter
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RSA planning sale of Russian and Middle East units – report
Insurer is expecting proceeds of between £80m and £90m, according to the Sunday Times
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Hester remains keen on RSA sale despite Zurich blow
Chief executive has identified eight potential buyers, Sunday Times reports
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Investors should avoid UK motor insurers – analysts
Recent price hikes are not a sign of better times, according to Berenberg
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Allianz chief mulling acquisitions as he targets non-life growth
But Oliver Bäte tells FT that some deals are done for “stupid reasons”
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Helios GWP up, but profits down in first half
Lloyd’s underwriter sees higher claims on stop loss policies
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Brown says new management team will rejuvenate Towergate
Interim chief exec and soon to be underwriting boss sees Towergate as the future go-to place for brokers
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Ageas Retail Direct MD Peter Corfield to depart
Corfield will be replaced by Ageas Retail finance director Nick Lemans in the interim
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23 September 2015 issue
Read a digital version of the 23 September 2015 edition of Insurance Times. Cover story: Cooper Gay at the crossroads; Survey reveals SMEs are underinsured; Can you make social media pay?: The new breed of dragons helping start-ups disrupt insurance; Covéa boss James reader interviewed; Peter Blanc talks about his ...
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Court victory for AXA after six-year battle with whiplash fraudsters
Claims were worth £23,000 but AXA said it risked incurring an overall bill of £209,000 including legal costs