Latest News – Page 1002
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Cameron accused of giving wealthy home owners preferential treatment over Flood Re "inclusion"
Millions of excluded leasehold and private rented homes have been left to “sink or swim” - British Property Federation
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Randall and Quilter plans for acquisitions in H2 2014
Pre-tax result for 2013 to be in line with expectations but 2014 group profit is likely to emerge later in the year
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Blackstone's Tom Stoddard to replace Pat Regan as Aviva chief financial officer
Stoddard who is currently a senior MD at the investment firm will start his new job in May
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RSA plans to pull back further from motor after posting 111.7% COR
Insurers cut rates too much before Laspo - Adrian Brown
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IMD II hit by further delays
Key vote on progression of the directive postponed so other regulations can be considered
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Risk of more floods from climate change as UK storms cost set to exceed £1bn - Allianz
UK floods and US snow storms are connected by the destabilisation of the jet stream - Allianz
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Deafness claims push RSA’s UK commercial liability COR to 140%
Overall UK COR up 0.4 points after hits from weather, liability and motor
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Unrated insurer ERIC loses licence
The Icelandic Financial Supervisory Authority made the move after issues with minimum solvency requirements
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Cameron privately orders Flood Re review to include high value properties
Prime minister wants council tax Band H properties to be included in the scheme
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Helphire increases profits to £4.2m
And the CHC announces acquisition of legal firm New Law
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Xchanging profits up 10%
Company looking to maintain profit levels in 2014 and return to growth in 2015
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Stephen Hester launches £775m rights issue as RSA reveals £244m loss
‘RSA does not have enough equity to support the business it’s writing’ chief exec admits
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Online onlyCC overestimating credit hire costs by £60m - Quindell
Quindell says the ‘biased’ CC probe has not calculated the cost of credit hire to consumers accurately
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DLG’s Geddes: Don’t jeopardise Flood Re with exclusions quibbles
Chief executive confident of hitting 100% commercial COR target
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Transactional risk insurance growing in popularity - Marsh
Limits for the M&A cover have increased by 155% over the last three years
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Retiring Deloitte partner Ian Clark joins Gallagher
Insurance M&A expert will act as strategic consultant to broker’s UK and international operations
