Insurer News – Page 242
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NewsLloyd’s working on contingency plans for Brexit
Leaving EU will cause ‘considerable uncertainty’, says market’s chief risk officer
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NewsFlood Re publishes first plan for its 2039 closure
Scheme to set up an advisory body for the transition
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NewsABI blames IPT hike for rising home premiums
Combined buildings and contents rates up 1% in fourth quarter of 2015
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NewsRSA puts jobs at risk with planned Bristol office closure
Move to new trading site to be complete by end of 2017
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NewsRural looks to AXA for new commercial director
Kirsty Walker to join agricultural underwriting agency in April
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NewsTokio Marine Kiln expands in Midlands with two hires
Owen Shelley and Mark Bradshaw join Lloyd’s insurer
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NewsTowergate’s Clive Nathan resurfaces at UK General owner
Former Towergate Underwriting boss to head Primary Group’s UK and Europe portfolios
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NewsInsurance is among top three most disrupted industries – PwC
65% of insurance bosses see new market entrants as a threat to growth
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NewsGiles/McManus consolidator buys broker from Capita
The broker has bought Fish Insurance whose specialisms include travel, car and independent living insurance
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AgendaLiberty Specialty appoints new chief underwriting officer
Mike Gosselin has worked at Liberty for 14 years
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NewsSlater and Gordon general law head and former UK boss to retire
Neil Kinsella will be replaced by the firm’s UK head of general law, Siri Siriwardene.
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NewsAgeas drawn into latest row over Age UK commission deals
Ageas says long-term commercial partnership includes a typical commission that is in line with arrangements in insurance market
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NewsGovernment calls for early review of Solvency II amid competition fears
The Treasury and Bank of England have written to the European Commission - also calling for wider review
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NewsTerrorism threats and effect of a UK exit from EU on Biba 2016 agenda
Challenges facing the London Market will also be debated at the conference
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NewsAon broking profit down 9% in 2015
But broker enjoys organic growth in commission and fees of 3%
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NewsStorms Eva and Frank to cost insurers £526m – PERILS
Figure is in addition to cost of Storm Desmond, estimated at £717m, and wind-related claims at £42m
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NewsGreat Lakes to replace Ageas on UK General’s personal book
New three-year capacity deal takes effect from April
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NewsElite’s solicitors’ PI agent Inperio ‘surprised’ by insurer exit
Elite chief executive Jason Smart says the insurer wants to expand into product lines that carry less risk
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NewsRSA’s Aaron Devitt named Travelers Europe operations head
Devitt replaces Matthew Wilson, who became chief executive last year
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NewsAA launches underwriting division as it targets 250,000 policies
AA Underwriting Insurance will expand from new telephone business to online and aggregator sites
