Insurer News – Page 241
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NewsAllianz’s Dye: Osborne’s whiplash plans will cause motor ‘volatility’
Insurer shrank private motor book in 2015 because of poor profitability
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NewsAllianz UK profit falls 71% after storm claims bill
Combined operating ratio jumps to 102.6% overall and 106% in personal lines
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NewsERS to align broker commissions with business profitability
Chief executive Ian Parker insists that insurer’s broker service woes are behind it
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NewsERS COR still ‘not acceptable’ despite falling to 99.8% in 2015
Chief executive Ian Parker says motor insurer’s turnaround not complete until COR hits 90%
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NewsLancashire 2015 pre-tax profit falls 24% to $171m
GWP falls to $641m from $908m, as company says it won’t chase top line premium growth
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NewsAviva detects application fraud in 2,200 commercial motor policies
Aviva is now screening all commercial motor policies for fraud at point of application
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NewsAgeas to review pricing and Flood Re strategy after storms
Insurer’s £46.1m storm claims bill is unlikely to trigger reinsurance payout
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NewsAviva's online car insurance brand suffers website data breach
But Quote me happy said that no sensitive personal data, such as bank or card details, had been accessed
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NewsWillis sues Peter and David Hearn over ‘breach of contract’
Willis Towers Watson is suing brothers in a contractual dispute over monies owed after their departure from the broker
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NewsBarbican hires UK property head from Towergate’s Fusion
Sam Brown’s previous role was as London market relationship director at Fusion/XP
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NewsAgeas UK 2015 profit falls 65% because of storm claims
Extreme weather claims of £46.1m push COR to 102%
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NewsSRA proposes changes to solicitors’ PI policy terms
Changes designed to bring terms into line with Insurance Act
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NewsAIG shares rise 5% after Icahn gets seat on board
Increase comes despite $1.8bn fourth-quarter loss
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NewsScott Brown’s Accelerate MGA targeting £50m GWP in six years
Company looking to deal with between 50 and 60 UK brokers
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NewsZurich’s Sharma: economy could drive further UK GI job cuts
Division on track to complete 440 planned cuts by end of March
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NewsZurich UK GI makes £62m loss after floods and large claims
COR jumps 17.9 points to 109.5% as GWP drops 4.4%
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NewsMario Greco to take Zurich helm two months early
New chief executive will start new job on 7 March
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NewsZurich to cut thousands more jobs as profit drops 53%
Insurer will axe 8,000 roles by 2018, including cuts already announced
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NewsCovéa Insurance launches direct motor offering
New product initially launched on price comparison site Confused.com
