Insurer News – Page 325
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NewsTowergate paid more than 10 times profit for Arista
Broker bought £81m GWP underwriting agent in April
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Ex-Giles and Oval duo join James Hallam with new broker amid 'consolidator uncertainty'
Authorised representatives Liability and General to focus on construction clients
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David Dale’s Lloyd’s syndicate takes QBE’s Tim Butcher
Butcher to join Syndicate 2525 as senior class underwriter in December
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Business owner guilty of £2m attempted fraud on Allianz after fire claim
Justin Hindry claimed he was eight miles from fire despite evidence and eye witness accounts proving the opposite
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Zurich adds disaster recovery service for all SME customers
New contract signed with First Recovery
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UK General launches new caravan scheme
Scheme developed alongside Policyfast to provide cover for standard and more complex risks
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Gable signs new reinsurance partner
Gen Re to provide additional capacity across the European Network
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UK cyber insurance spend set to boom
Insurer predicts spend to reach £450m in five years, up from £20m
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Dawn raid on crash for cash suspect marks IFB's 1000th arrest
Arrest is linked to year-long investigation by specialist Metropolitan Police unit
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Allianz UK’s growth came at a price in first half
Profitability and personal lines COR hit by expansion plan expenses
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Allianz UK’s first-half profit down 25% after Q1 weather hit
But chief executive Jon Dye says profit is back on track after Q2 ‘rebound’
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Catlin beats expectations with 118% profit surge
COR improves by 3.1 points to 85% despite catastrophes and Malaysian Airlines loss
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RSA shares fall and Aviva’s rise following first-half results
RSA stock price down 3% in response to profit drop and write-downs but Aviva’s up 2.6%
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Biba closer to code of conduct as members call for standards to improve
Biba consultation on raising standards closes next week
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Dave Smith: Zurich UK’s 2% GWP growth is ‘absolutely sustainable’
Profit improvement driven by both personal and commercial lines
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Integro buys film and advertising broker
Integro wants to strengthen its offering in entertainment sector with Stonehouse Conseillers acquisition
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RSA’s Jon Hancock pledges better UK performance in second half
Commercial MD also promises an end to restructuring shocks
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Aviva achieves group wide cost savings ahead of schedule
Insurer has saved more than £568m since it introduced the savings target
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Bluefin hires underwriting product manager from Arista
Sian Rolfe joins as broker prepares to launch MGA
