Insurer News – Page 369
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Sims joins Allianz commercial property team
Anneke Sims joins Allianz as manager of property underwriting.
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Ecclesiastical UK head vows improvement after 105.5% COR
Company focused on boosting underwriting result after hit from rising EL claims
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Ecclesiastical 2012 results rescued by surge in investment income
Insurer’s £56.6m investment result masks a £24.6m underwriting loss and 108.5% COR
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Co-op sells life arm to Royal London for £219m
Deal includes Co-op Insurance Society and Co-op Asset Management
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Household MGA Plum takes Chubb underwriter
Niall Madders to be responsible for underwriting MGA’s binder and open market business
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RSA names replacement for retiring Paul Donaldson
UK underwriting head Neil Lightbown to become RSA’s new specialty lines director on 1 May
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DAS to launch three Jackson-proof ATE products
Insurer insists April’s reforms are not the death knell for ATE insurance
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Equity Red Star racked up £37.4m loss in 2012
Lloyd’s motor insurer’s loss was half the £73.8m it reported in 2010/2011
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Hiscox bosses share £4m in pay and bonuses
Chief executive Bronek Masojada was insurer’s top earner
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Watson: Canopius UK retail business still needs work
Lloyd’s insurer seeking more acquisitions amid limited organic growth prospects
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Canopius returns to profit in ‘transformational year’
Lloyd’s insurer posts 95% COR despite ‘double hit’ from Sandy
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1st Central names new UK chief as Acott becomes chairman
Ex-Allianz exec Andy James promoted to top job
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DAS becomes first insurer with ABS after buying Bristol law firm
Insurer acquires Bristol-based personal injury specialist CW Law
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Admiral should sell more international units – analyst
Profitable growth in UK ‘is over’ according to Berenberg’s Peter Eliot
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Canopius to net $217m from sale of Bermuda arm
Sale follows last year’s purchase of fellow Lloyd’s insurer Omega
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Specialty MGA Nexus’s GWP to break $100m barrier this year
Company prefers to grow through M&A, says chief executive