Insurer News – Page 322
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News
ABI: Flood Re band H exclusion was ‘ministerial decision’
Deputy director general Huw Evans says including band H will not jeopardise scheme
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News
Brightside to develop MGA in motor, household and tradesman liability
New hires announced yesterday will also help to drive underwriting profit for insurers
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NIG planning to offshore 30 jobs
At-risk positions are not broker-facing and reflect ‘challenging’ commercial landscape
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News
ABI in Flood Re band H u-turn
Industry originally agreed to exclude high-value properties because of fears over parliamentary support
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Brightside swoops to take two from Towergate
Chief exec Paul Williams wants to drive up expertise around operational, underwriting and compliance divisions
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News
Finance director David Simpson leaves Bollington
Hire of Patrick McDonnell as Simpson’s replacement forms part of broker’s post-management buy-out restructuring plans
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Online onlyProfits exposed: Admiral, DLG and Esure - who is most reliant on reserves and add-ons?
Insurance Times analysis of profits at Admiral, Direct Line Group and Esure reveals a reliance on add-ons and reserve releases. But with these revenue streams making up such an important part of their business, are the profits seen for 2013 sustainable?
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News
Quinn Insurance collapse cost Irish policyholders £54m in 2013
Amount collected from policyholder levy rose 44%, compared with 2012 levels
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News
Top Esure execs’ 2013 bonuses hit as company misses profit target
Chief executive Stuart Vann and finance head Darren Ogden had substantial pay rises despite missing ‘on target’ bonus
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Breaking News
Allianz Retail awarded Chartered Insurer status
Insurer joins group of 27 chartered insurers in the UK
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News
Astbury Wren chief exec banned and fined £70,000 for 'misappropriating' premiums
Broker moved £630,909 of client premium to its own accounts
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News
AIG looks for new UK head as Nicolas Aubert takes EMEA role
American insurer AIG is looking for a new UK head after shaking up its European operations.It has changed the organisation in the EMEA region from 47 countries to eight zones, which will be headquartered in London.The change will see Nicolas Aubert move from the post of managing director of the ...
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News
Transport Select Committee to probe alternative business structures
TSC chair Louise Ellman wants to find out if ABSs are used to side-step the referral fee ban
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Online only
Energy insurance rates set to fall – Marsh
Increased capital from institutional investors is pushing rates down
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News
Bluefin swoops for Thistle's head of underwriting to set up its MGA
Paul Drake joins as head of underwriting next month
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News
WR Berkley looks to the regions for growth
London market insurer wants to trade directly with more brokers
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R K Harrison breaks through £100m revenue barrier
The broker also recorded organic growth of 12%
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News
Brit starts full trading on London Stock Exchange
Lloyd’s insurer’s opening price was 236p a share
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Agenda
Private health insurance shake-up
CMA releases final report that orders sale of hospitals and other measures aimed at boosting competition
