Insurer News – Page 425
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ECJ impact still uncertain
The Treasury has gathered sobering facts and figures from insurers – but the truth is no-one knows what the full effect of the ECJ ruling will be
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NewsR&Q MGA Synergy expands HNW product range
Capacity provided by Ironshore Europe and Equity Red Star
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NewsECJ Gender Ruling could cost insurers millions
Consultation respondents provide wide range of cost estimates
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NewsTreasury fails to define ‘new contract’ in ECJ Gender Ruling
Insurers will be disappointed with lack of clarification, law firm says
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NewsShakespeare MGA bosses jailed for three years
Directors Hollier and Booth serve time for fraudulent trading and perjury
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Flood losses: good news for rates
RSA’s £50m estimate shows industry should be able to take losses from recent floods in its stride
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News109% COR reveals poor state of UK commercial lines
Four of six comanies studied posted CORs above 110%, according to FSA returns
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Online onlyInvestigation: Commercial lines feel the squeeze
Heavy competition, combined with the recession, is putting increased pressure on commercial lines, as shown by Insurance Times’s investigation into the FSA returns of six prominent UK insurers
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Online onlyNIG spin-off looms if private equity wins fight for Direct Line
Broker-only commercial insurer expected to be early sale in the event of any takeover
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Online onlyBlanc looks to build AXA’s ties with regional brokers
Personal and commercial lines broker arm to merge under Amanda Blanc’s control
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NewsConsumer advisory panel to focus more on UK GI
Financial Services Consumer Panel to examine price, renewals and complaints
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NewsHomeServe spurns £1bn private equity advance - report
Company was approached by Cinven, KKR and Apax
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NewsItalian insurers' ratings cut as eurozone woes continue
Moody’s downgrades Generali, Allianz Italy and Unipol’s ratings
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NewsLibor rate scandal under the spotlight for insurers
Hedge funds and asset managers could be next, warns Marsh boss
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NewsNIG launches property owners cover for all brokers
Insurer heeds broker calls for revamped product
