Latest News – Page 1135
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Beazley posts $112.9m profit for H1 2012
Lloyd’s insurer boosted by strong investment income and lower claims
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Telematics data standards by end of the year
Standards will not affect competition says Wunelli boss
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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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Towergate snaps up two brokers
Sheraton and JBI are Towergate’s 12th and 13th deals of the year
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R&Q MGA Synergy expands HNW product range
Capacity provided by Ironshore Europe and Equity Red Star
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Flooding to drive up commercial property rates - A.M. Best
Losses are gathering and ticking up due to rising claims activity
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ECJ Gender Ruling could cost insurers millions
Consultation respondents provide wide range of cost estimates
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Treasury fails to define ‘new contract’ in ECJ Gender Ruling
Insurers will be disappointed with lack of clarification, law firm says
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Shakespeare MGA bosses jailed for three years
Directors Hollier and Booth serve time for fraudulent trading and perjury
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Three arrests made in bogus claim investigation
Police seize claims files after swooping on accident claims firm
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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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109% 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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Carroll London Markets sells stake to Aussie broker
PSC takes controlling interest as it seeks to grow Lloyd’s business
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Investigation: 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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NIG faces 'quick sale' if private equity buys Direct Line
Renewed speculation that NIG will be hived-off by private equity; esure and Hastings in IPO spotlight