Insurer News – Page 387
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News
FirstAssist appoints new business head
Travel insurer also launches product for ‘non-standard’ risk customers
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Hyperion appoints Lord Forsyth to board
Former cabinet minister joins as non-executive director
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Property rate hikes predicted by buyers
Airmic survey reveals 50% of UK insureds expect single-digit increase
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QBE to shut Reading office
Business will be redistributed to London, Bristol, Birmingham and Chelmsford
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Insurers' balance sheets at risk from eurozone fallout
AM Best warns of dangers of Euro break-up for insurers
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Allianz Worldwide upgraded to A+
FSR upgrade based on improved operating performance and year-on-year growth
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Recession would reduce demand further, warns AM Best
Policyholders focus on lower limits and increasing excesses
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Brit takes new finance chief from rival Atrium
Andrew Baddeley replaces interim Brit CFO Nigel Meyer
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Direct Line float defies cynics
The insurer’s shares closed up on the first day of trading – good news for the industry
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Twenty-five staff to leave Aviva's Birmingham office
Voluntary redundancies part of regional programme
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Direct Line: off to a good start
Although early indications are positive, the company still has to go through some challenges before it starts trading properly