Insurer News – Page 347
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Equity finance chief Andrew Gibson departs
Lloyd’s motor insurer hires Aspen UK’s Katie Wade to replace him
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Fitch: RSA’s Ireland and weather woes ‘manageable’
Rating agency affirms insurer’s A rating despite £200m of losses and concerns about underwriting controls
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CII launches consultation to review chartered status
CII could introduce ‘culture’ as new criteria
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Barbican replaces departed active underwriter a year on
David Booth promoted a year after the departure of John Pilkington in November 2012
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RSA: UK unaffected by problems in Ireland
Irregularities that led to £70m profit warning became clear late last week
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Allianz’s Dye: insurers still accepting commercial CORs above 100%
Insurer achieved average commercial rate rises of 5.5% and expects £3m St Jude hit
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Allianz UK reports ‘tremendous’ 12% year-to-date profit rise
But chief executive Jon Dye warns of waning appetite for rate rises
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Bluefin hires new personal lines managing director
Jon Walker will also be responsible for managing the Bromley and Leeds operations
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RSA share price crashes 17% in 15 minutes
Cut operating profit forecast by £70m after finding problems in Ireland
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NewsAon wins two major FTSE accounts
Insurance Times learns that megabroker fought off competition from rivals to win prized accounts
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UK motor growth helps Catlin boost casualty GWP by 19%
Lloyd’s insurer’s total GWP rises 8% in year to date
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Competition pushes Admiral Q3 UK motor turnover down 12%
Motor insurer reports ‘disturbing’ drop in other revenue per vehicle
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Regulators probe RSA after second profit warning
Ireland chief executive suspended after claims and finance ‘issues’ discovered
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Former Lloyds finance chief joins Broker Network
Stacey Zaczkiewicz was also group finance director at UK General Insurance Group
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Business exits cut Novae GWP by 5%
Drop caused by planned withdrawal from engineering and motor reinsurance
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Legal reforms eat into Allianz UK’s Q3 GWP
Operating profit dips despite COR improvement, according to group results
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Zurich to shed 121 claims roles as personal lines MD departs
UK personal lines managing director John Dyke and UK claims director Jon Cawley will also leave at the end of the year
