Insurer News – Page 290
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NewsBermuda insurer Hamilton completes Sportscover takeover
Syndicate 3334 to be rebranded Hamilton at Lloyd’s
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NewsCatlin finalises £85m sale of Insurethebox stake
New owner Aioi now holds 75% stake in telematics underwriting agency
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NewsRSA completes £130m sale of Hong Kong and Singapore units
Sale to Allied World gets regulatory and court approvals
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NewsInsurance group IGI seeking UK growth as S&P upgrades ratings
Company hoping to hire teams defecting from larger firms
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NewsLV=’s John O’Roarke gets 26% pay rise in 2014
Insurer’s general insurance chief executive in line for 2% base pay rise this year
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NewsEsure completes £95m purchase of 50% Gocompare stake
Completion of the deal follows CMA clearance in February
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NewsCovéa profit rises 40% despite ‘incredibly competitive market’
Insurer cuts COR to 97.8% and reports 15% GWP growth
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NewsInsurers' claims costs for French Alps crash to hit $300m
Thirty insurers will share the financial burden of the crash
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NewsBrokers withstand closure of Gibraltar motor insurer
Service Insurance Company stopped writing new business last week
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Online onlyAgeas secures A+ rating from Fitch
Rating is the first Ageas has received since public information ratings were stopped by Standard & Poor’s
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NewsShareholders approve Aviva’s Friends Life acquisition
Transaction expected to complete on 13 April
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Online onlyMPs slam FCA over insurance blunder
Report criticises FCA for causing stock market mayhem
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NewsSean Rocks to leave Liberty in reshuffle
Alan Telford to become insurer’s new commercial chief underwriting officer
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NewsGallagher takes legal action against David Ross and Mark Mugge
The broker has also started legal proceedings against Christopher Keey - an adviser on various Gallagher M&As
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NewsGhost broker jailed for selling £65k of invalid car insurance
Fraudster sold RSA policies on Gumtree, IFED investigation found
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NewsFCA levy on insurers and brokers to increase by 8.5% in 2015/16
Funds will cover the cost of the FCA’s regulatory activities as it delivers its next business plan for 2015/16
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Online onlyAviva shareholder questions £5.6bn Friends Life deal
Philip Meadowcroft is expected to say the deal is based on ‘flimsy foundations’
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NewsDavies strengthens property team with senior hire
Steven Knight has been hired as head of response within property solutions business
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