Insurer News – Page 341
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News
FCA to consider introducing cheaper call rates for insurance helplines
The regulator said it does not believe ‘it’s fair for insurers to profit from people making a complaint’
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News
RSA to pay Lee £824k in next 12 months
Broken up into monthly instalments, payments will be reduced or stopped if Lee gets a new job
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RSA share price crashes 17% to 81.60p
RSA’s slump is the biggest of the FTSE 100 this morning after its shares closed at 99.70p yesterday
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UK brokers rally round to support RSA
Oval, Bluefin, Jelf and Brokerbility all stress their support for troubled insurance group
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Big fall in RSA shares will trigger a bid - analysts
Shore Capital director Eamonn Flanagan predicts that dividend is likely to be materially weakened
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Comparethemarket owner BGL posts flat profits at £88m
BGL plans to double profits with five-year strategy that included planned business investments
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L&G and Catalina bid just £60m for Co-op insurance
Reported bid is a tenth of Co-op’s original £600m asking price
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News
RSA shares slip below £1
Insurer worth £1.12bn less than a month ago following two profit warnings
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Online only
Kiln hires Kolmberger as head of construction and engineering
New appointment will be based in Singapore
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Online only
Industry’s top concerns revealed
Members discuss results of exclusive Insurance Times fraud survey
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NewsAsset Underwriting in liquidation after relations with Lemma break down
Creditors owed £762,676 when Asset entered administration in August
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Online onlyHolliday to replace Dyke as Zurich UK personal lines MD
Restructuring also leads to a swathe of other moves at the insurer
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News
Quindell-owned claims management company being sued for £5m
Quindell aware of situation during due diligence of Crusader acquisition and stresses it will ‘strongly support’ the defence
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News
Allianz makes appointment for newly created brand director role
David Radford has been brought in to develop the insurer’s brand into a household name
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News
QBE’s share price drops further on Moody’s downgrade
Shares still trading well below pre-profit warning levels
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News
AXA named biggest insurer in Europe by GWP
Mapfre research puts French insurer in pole position
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News
Chester-based broker Daulby Read makes first acquisition
Insurance broker plans to make four acquisitions over the next five years
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News
L&G GI head Diane Buckley exits amid restructure
Entire insurance business to be run by one-time GI head Duncan Finch
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