Insurer News – Page 371
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Competition pushes Admiral Q3 UK motor turnover down 12%
Motor insurer reports ‘disturbing’ drop in other revenue per vehicle
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Regulators probe RSA after second profit warning
Ireland chief executive suspended after claims and finance ‘issues’ discovered
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Former Lloyds finance chief joins Broker Network
Stacey Zaczkiewicz was also group finance director at UK General Insurance Group
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Business exits cut Novae GWP by 5%
Drop caused by planned withdrawal from engineering and motor reinsurance
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Legal reforms eat into Allianz UK’s Q3 GWP
Operating profit dips despite COR improvement, according to group results
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Zurich to shed 121 claims roles as personal lines MD departs
UK personal lines managing director John Dyke and UK claims director Jon Cawley will also leave at the end of the year
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Hill Dickinson strengthens complex fraud team with new hire
Kevin Braithwaite’s team will be responsible for limiting client exposure to cross-industry fraud
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NewsWatson: Ageas UK profit hit by large motor losses in Q3
Insurer expects £6m bill from St Jude storm in Q4
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Energy and weather losses push Lancashire's Q3 COR to 90.8%
Costa Concordia loss deterioration eats into insurer’s reserve releases
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Ageas UK’s nine-month profit up 5.6% despite Tesco slump
COR falls to 98.2% despite 100.7% motor COR and 112.4% travel COR
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NewsAndy Homer steps down as Biba chairman
Decision on new chairman is expected by the end of the year
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RSA shares drop 7% after profit warning
Weather losses make insurer worst performer in FTSE 100 this morning
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Aviva loses personal lines chief underwriter to RSA
Hayley Robinson to rejoin her old firm on 11 November
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Storm losses to push RSA’s 2013 ROE below 10%
Insurer faces up to £65m claims bill from St Jude, but UK claims were ‘relatively limited’
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Arista takes credit control pair from former investor Equity
Lynette Playle and Jason Gunn join underwriting agency from Lloyd’s motor insurer
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NewsBroker performance director Sam Hudson quits Aviva
‘Leaving has been a really difficult decision’ - Hudson
