Insurer News – Page 294
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NewsHoward Green to replace Marshall as Besso Limited chief executive
Colin Marshall announced his retirement last Friday
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NewsFosh: Novae focusing on organic growth amid M&A talk
Company plotting casualty excess-of-loss division following hire of Aspen’s Bob Patten
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NewsNovae 2014 profit jumps 46% thanks to foreign exchange gains
£638.5m GWP ‘highest in company’s history’
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NewsWeather claims cut L&G GI 2014 profit by 14%
COR increases by three points to 87% after £12m of additional claims
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NewsPaul Geddes: Direct Line Group could still be leaner
Insurer expects lower reserve releases in 2015
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NewsSterling hires new west midlands development manager
High net worth specialist nabs Palmer from broker network Purple
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NewsMarkerstudy wins regulator's blessing for Ultimate deal
Acquisition boosts Gibraltar-based insurer’s GWP by £30m plus
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NewsZurich boosts digital team with two new hires
Steven Zuanella is the new digital director, while Simon Gratton joins as interim chief data officer
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NewsDirect Line Group reports 12.2% boost to profits as GWP continues to fall
Group hits COR and cost base targets in full-year results
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NewsTHB hires seven from Howden for new energy team
THB’s energy team will be led by Chris Pinnington who has also joined from Howden
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NewsHiscox seeking more niche acquisitions following R&Q deal
But Lloyd’s insurer sees no need to become part of a larger group itself, says chief underwriting officer
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NewsPool Re buys £1.8bn of reinsurance from commercial market
Munich Re-led coverage placed by reinsurance broker Guy Carpenter
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NewsR&Q’s sale of Synergy MGA to Hiscox falls through
Company was unable to reach mutually acceptable terms
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Online only
Motor racing industry to fight European ruling on mandatory insurance
New legislation will make it compulsory for all vehciles to have insurance, regardless of use
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NewsHiscox UK and Europe makes ‘record’ £73.3m profit in 2014
Group profit before tax dips 5% to £231.1m
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Online onlyFormer AIG CEO Benmosche dies
The 70 year old had been suffering from lung cancer since 2010
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NewsAmlin UK reports ‘disappointing’ 105% COR after large motor losses
2014 group profit drops 21% because of lower reserve releases and investment returns
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NewsAllianz UK hiked motor reserves in Q4 because of rising claims frequency
Insurer close to announcing two ‘significant’ corporate partnerships, says chief executive Jon Dye
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NewsAllianz UK profit ‘exceeded plan’ in 2014 despite 16% drop
Personal lines pushed into underwriting loss by investment and set-up costs
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NewsRural rolls out cover for hobby farmers
MGA says cover gives smallholder customers access to insurance more appropriate to their level of risk




























