Insurer News – Page 370
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CNA UK marine head to chair Joint Cargo Committee
David Grant to head joint Lloyd’s/London market representative group
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Swiftcover co-founder Tina Shortle to leave AXA UK
Last original member of Swiftcover executive team resigns
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Aviva’s Spencer: It will take more than rate hikes to fix commercial
Commercial motor rates need to go up by at least as much as they did in 2012, says UK GI chief
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Novae chairman: Lloyd’s early SII adoption ‘fraught with dangers’
John Hastings-Bass concerned that syndicates will have to re-do Solvency II preparation
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Fosh dubs 2012 a ‘defining year’ as Novae returns to profit
Lloyd’s insurer’s strategy ‘needs to evolve’, chief executive says
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L&G GI plans move into motor this year
Household insurer also plans to start selling buy-to-let insurance through insurance brokers
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Simon Fascione leaving Lancashire Holdings
Head of new Lancashire Capital Management unit to pursue other opportunities
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Engelhardt hails Admiral’s ‘return to form' in UK as profit rises 17%
Chief executive dubs 2012 ‘the year of the kangaroo’ as insurer completes 20th year
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Coface boosts 2012 profits and premiums despite crisis
Credit insurer posts 82.2% combined ratio
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Amlin to buy marine MGA RaetsMarine for $50m
Acquisition part of Lloyd’s insurer’s strategy to grow its marine business
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Amlin UK expects fleet motor rate rises due to competitor ‘stress’
Lloyd’s insurer’s UK division returns to profit in 2012
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Zurich wins Civil Service Insurance Society motor contract
Insurer to become sole underwriter for personal lines motor for civil service employees
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Dutch insurer ANV hires MD for Lloyd’s syndicate
Former Kiln executive Peter Haynes to run ex-Flagstone syndicate
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L&G GI unit extends Newcastle Building Society relationship
Newcastle to distribute insurer’s products until end of 2017
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Direct Line may relax tough stance on young driver quotes
Less-stringent quoting driven by greater confidence in the risk model
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Direct Line returns to underwriting profit in 2012 with 99.2% COR
Improvement came despite £105m of flood claims