Insurer News – Page 376
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NewsABI chairman Breedon awarded CBE
Former FSA chief executive also named in New Year Honours list
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NewsUK motor insurers hit by reinsurance capacity cut – Willis Re
Loss-free excess-of-loss rates up by between 20% and 30%
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NewsMoody’s downgrades Aviva USA following sale
Rating cuts prompted by life company’s sale to Athene Holding for £1.1bn
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NewsIndustry to stay competitive despite Gender Directive - ABI
Ruling ‘goes against’ principle of matching price to risk, association says
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D-Day for gender pricing
The EU Gender Directive comes into play today, so what lies ahead for insurers, brokers and consumers?
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NewsOther changes masking Gender Directive effects - AA
Gender neutral pricing ‘unfair’ but not all bad, broker says
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NewsHampden Underwriting buys Lloyd’s member for £900k
Lloyd’s investment firm acquires Nameco 518 from Dominic Parker
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NewsGender directive could catch brokers out – Consumer Intelligence
Brokers on the hook if their insurer panel pricing is not gender-neutral
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NewsLloyds Bank halts sales of insurance-bundling accounts
Bank temporarily bans phone and branch sales of ‘packaged’ current accounts
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NewsRSA sells Dutch Caribbean unit
Insurer sells Royal & Sun Alliance Insurance (Antilles) to Fatum General insurance
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NewsMarkerstudy buys claims management firm Vision
New deal closely follows purchase of motor broker Insurance Choice
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Economic strain on insurers is starting to show
S&P’s AXA and RSA rating actions highlight the mounting pressure on the industry
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NewsS&P cuts AXA rating to A+ on economic concerns
Tough investment and economic conditions to dampen insurer’s profit growth, agency says
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NewsMitsui Sumitomo hires underwriters from Chubb and Brit
Lloyd’s insurer strengthens casualty and accident & health teams
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NewsHSB Engineering adds to underwriting team
Insurer makes sennior underwriting appointments as part of broader growth plans
