Insurer News – Page 327
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News
More than 1,000 brokers apply to join the IBSC
Constitution formalised and code of conduct in final stages
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Brightside extends car deal with Asda
Partnership to provide car insurance has been extended for a further three years
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AXA to write professional indemnity from branches
Specialist underwriters to be based in every branch
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Gallagher Bassett to handle mesothelioma scheme claims
Victims to receive an extra £8,000 in payments
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Aviva Group returns to profit as turnaround gathers pace
But chief exec Wilson says work is far from done
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Aviva UK GI profit drops 6.1% despite improved underwriting
NWP drops 6% as company makes cuts to SME commercial lines and personal motor
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Broker Monitor responds to FSC notice on Lemma Europe failure
It says the Gibraltan regulator’s notice was misleading
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Admiral: improving economy could push up claims frequency
Insurer cut motor rates by 10% in response to falling claims costs
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L&G testing its brand in the motor market with Junction partnership
But insurer has no plans to start underwriting business itself
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Zurich mulls personal lines overhaul as it pulls branded aggregator products
Insurer looking at closer integration between personal lines unit and Endsleigh
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Novae restructures as 2013 profit rises 14%
Lloyd’s insurer unveils record underwriting profit surge and plans to organise around three trading divisions
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L&G GI profit more than doubles thanks to better weather
COR drops 11 points while GWP rises 7%
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Admiral UK motor profit rises 6% despite 12% turnover drop
Reserve releases surge but Engelhardt says long-term success lies beyond UK motor
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Agenda
LV= receives ratings upgrade to 'positive'
S&P also affirmed the composite insurer’s ‘BBB+’ financial strength rating
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Tom Woolgrove named Flood Re interim chief executive
Outgoing DLG personal lines boss will not apply for the permanent job
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Gallagher hires Sarah Peppiatt to drive up coverholder compliance
FCA and PRA focus on the operation and control of binding authorities is increasing - Gallagher
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Online only5 March 2014 Issue
Read a digital version of the 05 March 2014 edition of Insurance Times. Highlights include a report on talks between insurers and government ministers over the recent floods, an analysis of RSA UK’s results, a report on the use of social media by insurers, a snapshot of the first 2013 ...
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Online onlyPersonal lines boss Tom Woolgrove to leave Direct Line
RSA’s Mike Holliday-Williams will take charge of UK personal lines
