Latest News – Page 1221
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Insurance must have place at financial stability top table
MPs and peers tell government that Financial Policy Committee board should be broadened
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FSA slaps £2.8m fine on ACE-owned insurer
Accident and protection found wanting over TCF failings
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More mergers in 2012, Fitch predicts
Agency forecasts that underwriting conditions will remain tough
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Speed up riot claims payments, MPs urge
Home Affairs report backs extending deadline for submitting claims
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Daily briefing: Friday - Vipond heads to the FSA
The well-respected former ABI director will bolster the FSA’s insurance division in the new year
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ABI calls for ombudsman reporting restrictions
Reading lessons into unique cases is ‘potentially misleading’
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Reserve under-reporting put Quinn deal in jeopardy
More than €740m compensation to be paid out of public fund
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Ex-Aviva director quits RAC managing director role
Former Aviva life distribution director Angela Seymour-Jackson resigns to ‘pursue other interests’
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Insurers warned of deterioration in Italy and Spain amid Mapfre Re downgrade
A.M. Best downgrades Spanish giant to A from A+
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Daily briefing: Thursday – make or break for Admiral in 2012
Motor insurer Admiral looks like it’s facing a difficult year in 2012. And the rest of the industry is wondering what it will mean for them
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OFT probe sparks calls for Admiral to reveal income streams
Admiral stock drops 4% on OFT probe before small regain today
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Canopius names new group chief executive
Current boss Michael Watson has new role at Lloyd’s insurer
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Ex-Swinton management consults lawyers following Covea sackings
Swinton’s former chief executive Peter Halpin and ex-directors are seeking legal advice following Covea’s decision to sack the executive board, Insurance Times understands.The executive board was dismissed on Tuesday after Covea became concerned about performance related share scheme payments for the first quarter in 2012.When contacted ...
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2011 disaster losses second worst in history
Swiss Re estimates this year’s figure only exceeded by 2005