Insurer News – Page 341
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News
Bexhill goes head-to-head with premium finance giants to offer brokers direct lending
Brokers will not need to apply for full FCA approval as a lender to offer their client premium finance
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News
SRA scraps plan to ban unrated insurers
Regulator says Solvency II will offer protections that are similar to rated insurers
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News
Confused dog fouling advert banned
Ad misleadingly implied pet damage covered by home insurance
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News
Broker Network completes expansion of development team in restructure plans
Each broker development manager now looks after a specific membership tier
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News
Catlin steps in as QBE withdraws capacity from UK General
Decision was amicable and not driven by business quality, says commercial managing director Keating
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News
AIG Q1 profit drops 27% after catastrophes and reserve hikes
Combined operating ratio increases 3.9 points to 101.2%
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News
Hiscox doubles UK flood claim estimate to £10m
Insurer grew UK book by 1.6% in Q1 but cut back overall as reinsurance rates softened
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Online only
RSA promotes Mark Coffey to head high net worth business
Coffey will report to personal lines intermediation boss Mark Allan
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Online only
Direct Line sheds 5.6% GWP amid motor and home price wars
Motor and home businesses suffered largest hit, while commercial and international books saw an improvement
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News
Oval acquires Northern Ireland broker Trotter and Reid
Deal was well advanced before Gallagher bought Oval
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News
Biba head of technical services Steve Foulsham retires
Mike Hallam, a former underwriting manager at Towergate, promoted into the role
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News
Gallagher swoops for 10-strong JLT underwriting team
Broker approaches caravan team as it looks to grow MGA
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News
Aviva corporate head David Hall leaves for QBE
Hall named QBE Europe’s retail managing director
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Online only
Gable enters UK motor market
Liechtenstein-based insurer will start writing business in Q4 2014
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News
RSA makes internal appointment for Dan Wilkinson replacement
Paul Hirst was previously the director of RSA Motability
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Agenda
UK insurance leaders: it’s ‘almost impossible’ to innovate
New research finds firms are focusing on survival
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Agenda
ABI tracker reports 3% drop in motor premiums
Quarterly tracker shows the average comprehensive premium in Q1 was £358
