Insurer News – Page 357
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QBE Europe profit drops 40% as a result of catastrophe claims and competition
Brit UK acquisition contributed $193m of premium in period
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Amlin would consider Berkshire-style deals
Chief executive says Amlin would only participate in broker deals if it had an element of underwriting control
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EY: motor market has softened too soon
Accounting firm predicts 106.8% COR for 2013 following 2012’s 102.6%
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Biba tells Broker 50: ‘We’re here for you’
The FCA, pressure on mid-market brokers, and the role of Biba were the hot topics at the second Broker 50 event of 2013
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Amlin: commercial losses driving UK rate rises
Amlin chief Philipps believes Lloyd’s insurer ‘well placed’ to capitalise on improving conditions
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Amlin UK first-half profit up 52% on rising commercial rates
Lloyd’s insurer expects ‘further strengthening’ of the UK commercial market
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Commercial pricing needs to rise 5%, says Zurich
GI chief Steve Lewis calls other insurers’ commitment to rate increases ‘patchy’
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Chaucer takes marine underwriter from Travelers
Graham Harrison named ports and terminals underwriter
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FSB consults on ‘too big to fail’ insurer guidelines
Deadline for responses is 15 October
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Canadian insurance chief tipped to buy BlackBerry
Fairfax’s Prem Watsa has emerged as a frontrunner to buy ailing smartphone maker
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XL to ‘significantly’ cut solicitors’ PI market share
Inadequate pricing prompts market leader to pull back
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Ecclesiastical UK awarded chartered insurer status
Insurer vows to continue raising standards after receiving CII accolade
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Biba calls for Flood Re to cover SMEs
Flood deal should include “those that need it most”, says trade body
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Catlin profit falls 36% after investment dip
Results ‘much weaker than expected’, according to analyst
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Aviva’s Spencer calls for double-digit commercial motor rate rises
£45m reserve hike pushes Aviva’s commercial motor COR to 113%
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Sabre launches telematics product
Insurer teams up with Wunelli to deliver app-driven policy in telematics debut
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Aberdyfi has UK's lowest home premiums
Welsh seaside village is cheapest in Confused.com survey
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Aviva UK GI profit increases 5% despite £17m reserve strengthening
Motor competition causes premiums to fall 6%
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Esure sees healthy rise in GWP and profits
GWP grows 6.7% and after-tax profit jumps 15.2%