Insurer News – Page 370
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NewsTowergate in 'advanced talks' to buy Footman James
Classic car specialist for sale since September
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Amlin expects more UK commercial rate rises in 2014
Insurer’s UK book shrinks 14% in year to date
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Ironshore's Pembroke to offer satellite financing
Managing Agency launches breach of warranty coverage for satellite lenders
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Zurich group GI profit up 2% despite catastrophes
Improved underwriting and cost management help cut COR to 95.3% in year to date
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Thames Underwriting launches sports and social clubs scheme
Third leisure scheme for independent MGA
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Esure ‘on track’ as GWP grows 5% in year to date
Insurer’s St Jude losses ‘within the normal range of anticipated weather’
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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
