Latest News – Page 1141
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Mandatory commission disclosure – there is an upside
The EC’s plan to push ahead with commission disclosure in IMD II is a concern for the industry – but also provides opportunities.
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IFED arrests four cash for crash suspects
Police tipped off after string of personal injury claims
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London: the new home of global broking?
Aon’s announcement that it was to forsake Chicago for a new home among the gleaming spires of the City sent a shock through the insurance industry. What prompted the move, and could this be the start of a trend?
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Chartis name dropped in return to AIG
Public use of the AIG name will resume in recognition of the company’s ‘complete turnaround’
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Swinton’s profits rise 22% to £34.3m
Insurer’s 2011 result strengthened by acquisitions and new products
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Aviva warned time is not right to sell GI business
Incoming chairman is expected to announce the sale or closure of 15 divisions
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Brightside in motor affinity deal with Debenhams
Broker to provide white-label car insurance for high-street store
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Number of motor injury claims soars 18%
Number of third-party bodily injury claims up 18% and payout costs for small claims up 9% from 2010 to 2011
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Biba slams Europe for railroading mandatory disclosure
Brokers now face a five-year timetable to prepare for mandatory disclosure to clients
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Aspen Risk Management launches property owners' product
Product to include D&O cover up to £500,000
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Alto to take on debt to fund Cobra purchase
Loan from Macquarie Bank will cover £4.2m cash payment to shareholders