Insurer News – Page 537
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PR giant bins PMI deal
Bell Pottinger subsidary saves cash by binning PMI for healthcare trust contract
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Novae takes a slice of Pye
London market stalwart David Pye becomes non-exec director at Lloyd's insurer
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Insurers to get military training
7MST launches military training to help insurers deal with disasters
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UK General restructures its branch network
Fortis to underwrite SME and Rural business; "small number" of jobs will be cut
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Solvency II turns spotlight on run-off, says PwC
Report says higher capital costs will lead to greater focus on discontinued business
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Crawford completes UK hires
Two new faces added to Crawford's corporate and major incident team
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Max Capital and Harbor Point to merge
‘Complementary merger of equals’ will create Alterra Capital Holdings, a $3bn global P&C insurer and reinsurer
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Five things you didn't know about...
Towergate's commercial lines underwriting chief exec Scott Brown
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ING insurance sale could be extended
Dutch firm could be set for an IPO prior to sell-off
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RBSI profits tumble 90% as bodily injury claim costs hit
Premium income nudges up, but not enough to offset £448m set aside for anticipated claims
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Brown defends RSA’s results as recession takes its toll
Personal lines player has been hit by rising cost of bodily injury claims
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Allianz pledges further rate rises following solid results
Rate rises must be steady to take personal lines motor out of recession
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Features
Brendan McManus
As an underwriter-turned-broker, Willis’s UK chief executive is a true convert, eager to promote the sector and relishing its fast pace and client interaction. But behind the enthusiasm is a fierce protectiveness of his business
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Brit posts threefold rise in profits amid investment uplift
Chief exec says insurer won't be chasing growth
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‘Have-a-go’ surgery leading to claims rise
Medical negligence cases caused by lack of regulation in private sector
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Reid rebuts exit rumours with commitment to Bluefin
Chief exec says role is a unique opportunity