Insurer News – Page 267
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NewsInsurers face conviction for making customers do criminal records check
Insurers also risk being hit with an unlimited fine
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NewsAdmiral’s Henry Engelhardt gets 1.5% pay rise
Company unveils changes to its share incentive scheme
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NewsAA broking division’s trading profit drops 6% as revenue falls
Trading EBITDA followed decline in revenue driven by fall in policy numbers
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NewsAA plans £935m refinancing and new insurance underwriter
New money to pay down debt inherited under previous private equity owners
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NewsEcclesiastical UK posts flat underwriting profit at £9.8m amid improved COR
But group returns to underwriting profit of £9.2m from an £8.2m loss – the best for five years.
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NewsERS puts 380 jobs at redundancy risk as it closes Brentwood HQ
Chief executive Ian Parker insists move is not about cost-cutting as group headcount will grow by 28
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NewsBerkeley pre-tax profits fall 77.5% amid refinancing and acquisition costs
But broker expects to see profit levels rise significantly in 2015 driven by growth in construction sector
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News'Crash for cash' con man sentenced for trying to defraud RSA of £50,000
Maharouf Fahad lied about not knowing the person that had crashed into him
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Online only25 March 2015 issue
Read a digital version of the 25 March 2015 edition of Insurance Times. Cover story: Which UK insurer is top of the performance table this year?; a wake up call on cyber risk; non-executive directors - are they worth their pay?; motor insurers still relying on reserve releases; watch out, ...
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Online onlyDLG's Geddes takes home £4.6m as earnings shoot up 84%
Chief executive benefited from a £2.7m pay out under the insurer’s long-term investment plan
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NewsLarge claims and Solvency II force Gibraltar insurer to close doors
Chairman tells Insurance Times insurer considered MGA conversion and sale but decided to shut
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NewsBiba launches new service to help members access funding
Biba has partnered with Integritas to advise members on how to secure the right financial package for their businessBiba has launched a new funding facility with finance brokers Integritas to help members get access to funding. Integritas will advise Biba members on how to secure the right financial package ...
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NewsAviva boosts charity fund giveaway
More charities across the UK stand to benefit as insurer expands Community Fund prize pot and entries
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NewsMGA Portsoken pens deal with QBE
Portsoken has been given delegated authority to bind policies in the recruitment sector
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NewsFairfax’s Brit takeover passes key milestone as PE owners accept offer
£1.22bn deal now unconditional for offer acceptances after owners of 73.4% of Brit’s shares sign up
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NewsRSA’s Stephen Hester paid £2.1m in first year
Chief executive missed out on bigger bonus because of RSA’s financial performance
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NewsStephen Catlin gets 43% pay rise after ‘superior performance’
Lloyd’s insurer’s finance chief Benjamin Meuli also rewarded with 45% rise
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NewsALPS shifts motor legal expenses business to Arc Legal
Arc replaces existing MGAs Legal Insurance Management and UK General
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Online onlyQBE consolidates its grip as largest player in solicitors' PI market
Endurance Worldwide is the biggest new entrant
