Insurer News – Page 380
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Online onlyMax Taylor hire to give Pioneer more independence
MGA still harbours risk-bearing ambitions as GWP breaks £100m barrier
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NewsLiberty hires two UK casualty underwriters
Neil Hammond and Chris Fletcher join as Dave Canning is promoted
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Online onlyFirst Complete adds Let Alliance to GI panel
Let Alliance will provide buy-to-let policies
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Online onlyYoung drivers feel unprepared for driving alone
And almost two-thirds are in favour of minimum learning periods
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NewsIAG Equity Red Star loss jumps by £14m
Australian insurer suffers bigger than expected hit as sale loss rises
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NewsFCA reaches agreement on £1.3bn redress scheme for mis-sold card insurance
Deal reached between insurer CPP and 13 high street banks and credit card issuers
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Breaking News
British Rowing teams up with Elite Rowing Insurance
Lovat Insurance Brokers will manage the scheme, which offers bespoke cover for 550 clubs and 27,000 individuals
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Online onlyQBE Europe profit drops 40% as a result of catastrophe claims and competition
Brit UK acquisition contributed $193m of premium in period
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Online onlyAmlin would consider Berkshire-style deals
Chief executive says Amlin would only participate in broker deals if it had an element of underwriting control
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Online onlyEY: motor market has softened too soon
Accounting firm predicts 106.8% COR for 2013 following 2012’s 102.6%
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Online onlyBiba tells Broker 50: ‘We’re here for you’
The FCA, pressure on mid-market brokers, and the role of Biba were the hot topics at the second Broker 50 event of 2013
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Online onlyAmlin: commercial losses driving UK rate rises
Amlin chief Philipps believes Lloyd’s insurer ‘well placed’ to capitalise on improving conditions
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Online onlyAmlin UK first-half profit up 52% on rising commercial rates
Lloyd’s insurer expects ‘further strengthening’ of the UK commercial market
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Online onlyCommercial pricing needs to rise 5%, says Zurich
GI chief Steve Lewis calls other insurers’ commitment to rate increases ‘patchy’
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Online onlyChaucer takes marine underwriter from Travelers
Graham Harrison named ports and terminals underwriter
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Online onlyFSB consults on ‘too big to fail’ insurer guidelines
Deadline for responses is 15 October
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Online onlyCanadian insurance chief tipped to buy BlackBerry
Fairfax’s Prem Watsa has emerged as a frontrunner to buy ailing smartphone maker
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Online onlyXL to ‘significantly’ cut solicitors’ PI market share
Inadequate pricing prompts market leader to pull back
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Online onlyEcclesiastical UK awarded chartered insurer status
Insurer vows to continue raising standards after receiving CII accolade
