Insurer News – Page 313
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News
Fitch upgrades Lloyd's to AA-
Business plan reviews and syndicate benchmarking have improved underwriting
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Online only11 June 2014 Issue
Read a digital version of the 11 June 2014 edition of Insurance Times. In this issue: the messy break-up of Southern Rock and Brightside; what the future holds for personal motor; RSA’s Stephen Hester on fixing the insurer one step at a time; brokers reactions to the FCA conflicts probe; ...
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NewsBroking group pays tribute after death of chairman David Holman
The memorial service for David Holman on 2 September is open to market colleagues
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Motor industry makes first underwriting profit since 1994 - EY
Industry-wide COR improves by four points to 98.5% in 2013, study finds
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Former Green Flag chief executive leads £930m AA share buy
Bob Mackenzie is expected to become executive chairman
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Proposed riots payment limit raises industry concerns
Insurers will have to prove insured business has annual turnover of £2m or less
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Online onlyIAG forgives £439m of debt on sale of ERS
Debt write-off means motor insurer now has solid balance sheet to drive its transformation programme through 2014
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JLT expands solicitors' PI offering
Partnership with STARR will provide capacity for law firms with four to 10 partners
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NewsAIG promotes Jacqueline McNamee to lead UK
Replacing Nicholas Aubert who becomes EMEA chief operating officer
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Mark Holloway returns to AXA to lead Birmingham branch
Current manager Ed Pugh taking sabbatical for personal project
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PPI compensation victims may have been underpaid by £1bn - report
Banks and credit card firms excluded penalty fees and charges from calculations
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AXA plots 15% GWP growth from opening Cardiff branch
Brokers say it is ‘inevitable’ that AXA will grab market share from local trading
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Gable chief executive receives 75% pay rise
William Dewsall paid £400,000 bonus as insurer’s profits doubled
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Ecclesiastical hires first UK insurance commercial director
Kevin Simmons brought in from QBE to strengthen underwriting and business development division
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ERS takes AXA’s personal motor head
Jon Byford joins Lloyd’s motor insurer as head of retail underwriting
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Covéa takes regional underwriters from Arista, UK General and AXA
Commercial lines boss Simon Cooter: We want the best local trading teams
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Zenith to insure peer-to-peer car and van rentals
Official insurer of newly launched EasyCar Club
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Aspen rejects revised Endurance bid
Chairman Glyn Jones calls bid ‘backwards step in ill-conceived transaction’
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Arista Leeds regional manager leaves for broker Henderson
Neil Wormald joins as operations director
