Insurer News – Page 364
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Torus to extend Lloyd's Syndicate capabilities
Capacity boost and new product offerings approved for 2014
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RSA to give good drivers a discount with telematics launch
More Th>n Drive app to launch next month with telematics product to follow
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NewsInga Beale appointed Lloyd's chief executive
Canopius chief executive to take new post in January
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Capacity restrictions force Brightside to cut earnings forecast by 20%
Capacity problems with Banks-led Southern Rock Insurance Company Limited ‘particularly acute’
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Ecclesiastical withdraws from non-charity care home market
Decision to not write new business or invite renewals is ‘body blow’ to care industry, brokers say
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Adrian Brown: RSA can 'draw a line' under Ireland
UK and Western Europe chief exec sorry but not surprised by Simon Lee’s resignation
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Gallagher promotes Tim Devine to head up education practice
Devine will replace Peter Bristow who is leaving the business
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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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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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RSA shares slip below £1
Insurer worth £1.12bn less than a month ago following two profit warnings
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Kiln hires Kolmberger as head of construction and engineering
New appointment will be based in Singapore
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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
