Insurer News – Page 324
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News
Ageas signs up to five more years on Broker Network panel
Insurer pledges to develop more products for brokers
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Ecclesiastical promotes Campbell to chief financial officer
Finance director fills role vacated by chief executive Mark Hews last May
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Ecclesiastical UK returns to underwriting profit in 2013
But group reports 102.9% COR despite improvements
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UK motor still hurting Lloyd’s with 108.6% COR in 2013
Motor was the only Lloyd’s line that needed reserve strengthening in 2013
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Barbican's UK MGA signs capacity deal with Inter Hannover
Agreement will help Lloyd’s insurer grow UK non-life presence
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Benign catastrophe year helps Lloyd’s to £3.2bn profit
Insurance market’s COR improves by 4.3 points to 86.8%
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Briefing: Are insurers feeling the benefits of Laspo 12 months on?
As we approach one year since the motor legal reforms were introduced, Insurance Times takes a look at how they have influenced the market and whether insurers are starting to feel the benefits in their bottom line
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Estimated loss ratio of Lemma Europe solicitors' PI book was as high as 300% - Liquidator
Liquidator hopes to pay creditors between five and 10 pence in the pound after full recovery of assets
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Aviva chief executive Wilson nets £2.6m in first year
New chief executive is paid 75% of maximum bonus after missing engagement score targets
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RSA bosses Lee and Brown’s pay more than halved in 2013
Group and UK chiefs did not receive bonuses after loss-making year
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AIG UK returns to underwriting profit in 2013 and enters growth mode
High net worth and MGA business among areas for expansion
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RSA launches £773m rights issue
Discounted share sale will net the company £748m after expenses
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Chubb appoints QBE's Dave Draper as casualty manager
Appointment marks a return for Draper who was previously employed by Chubb between 2002 and 2004
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ACE hires Ecclesiastical’s Westwood for new Midlands role
Former broker becomes business development manager for Birmingham and East Midlands
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Gallagher Bassett branch manager George Nicol to chair Biba motor panel
Nicol will replace Allan Briscoe who has chaired the committee for ten years
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Canopius doubles profit in ‘landmark’ 2013
Soon-to-be-bought Lloyd’s insurer boosted GWP by 25% and cut COR by 10 points
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Broker Network and Powerplace sign three year e-trading deal
Exclusive products and schemes for members to follow
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Co-op Insurance MD Summerfield to oversee banking split
Financial results announcement delayed three weeks