Insurer News – Page 447
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Online onlyOmega reveals ‘issues’ with suitors’ bids
Lloyd’s insurer still in discussions with three bidders
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Online onlyAspen names Co-chief executive to replace Cavoores
New chief appointed to work alongside Rupert Villers
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AnalysisDaily briefing: Monday - A different world
Private equity firms that bought stakes in insurance companies during the good times are now feeling the pain of tough trading conditions, rising debts and a shaky stock market
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Online onlyAXA asks staff to give up indexed pensions
AXA informs retired workers that important offer will be sent out to them
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Online onlyLabour under fire for cashing in on referral fees
Party earned £350,000 in referral fees, according to reports
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Online onlyAA Insurance parent racks up £458m loss on huge debts
Acromas has £700m interest on debts of £6.6bn
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Online onlyHome & Legacy launches e-trading platform and commission deal
2.5% commission increase for six months
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Online onlyDaily Briefing: Friday - Growth not enough for Hastings
Hastings will need to back up its growth story with robust explanations and data to win over analysts
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Online onlyPioneer Underwriting hires senior underwriter
Former MGA founder joins BMS’s Pioneer Underwriting
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Online onlyAllianz insurance plan to rescue eurozone gains support
Allianz insurance plan to end eurozone crisis gains bank support
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Online onlyMotor insurance rate rise slower this quarter
Comprehensive premiums rose 12.3% this year compared to 37.8% in the previous 12 months
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Online onlyAdmiral rebuffs claim of £99m capital shortfall
Admiral rejects analyst call to raise prices and cut volume
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This WeekOffshore and unrated: the insurers operating outside of the FSA
When the supplier failure market was reduced to one player, Saint Kitts and Nevis’s Northern & Western jumped in to fill the gap. Its financial history may be checkered, but should buyers beware or is any criticism just sour grapes?
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Online onlyTouchstone partners with Aviva on capacity deal
Touchstone and Aviva in roofers and scaffolders deal
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Online onlyFormer Thistle chief Gerry returns as chair of GB Underwriting
Gerry picks GB role after turning down a ‘number of opportunities’
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Online only96% of young drivers ‘priced off the road’
21% have considered driving without insurance, transport committee finds
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Online onlyMitsui swoops for AXA property team
Five-strong property owners’ team switches to Lloyd’s insurer
