Latest News – Page 1237
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Daily briefing: Wednesday - Crashing to earth
It seems Admiral isn’t immune to bodily injury after all, as its loss ratio looks rather less rosy than predicted. Elsewhere, Ageas’s impressive turnaround shows Barry Smith knows what he’s doing
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News
Aviva shares slump as Italy debt crisis deepens
Aviva’s exposure to Italian sovereign debt worries investors as Italy bond yields soar beyond 7%
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This Week
QBE alleges ex-staff poached workmates
Company is suing three former employees for damages
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Admiral's shares crash 28.6% on bodily injury fears
Cardiff-based insurer battered in early morning trading following profits warning.
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Admiral: no reserve releases in H2
Bodily injury claims remain above insurer’s historical experience
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Solvency II reporting to tighten under proposed rules
Eiopa issues proposal for reporting shakeup
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Total solicitors' PI market premiums rise £42.2m
XL Insurance takes the top spot with 18.2% market share
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Crawford anti-fraud specialist in shock exit
Bobby Gracey to become CEO of fire investigation firm
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RBSI boss quashes NIG sale speculation
RBSI chief executive Paul Geddes moves to quash speculation once and for all over early NIG sale
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News
Hull MP says flood prone homes hit by 500% premium hike
Politician reacts with fury following evidence of rate hikes for flood hit homes in Hull
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Endsleigh and Brightside settle in £15.5m claims row
Two brokers settle in referral fee and inadequate claims handling dispute
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Daily briefing: Tuesday - Oxygen's last breaths
With no chance of a fortunes U-turn, Oxygen is quitting at the right time and shedding its businesses one by one. Will other brokers follow?
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Gallagher eyes Oxygen's UK corporate risks business
Gallagher tipped to snap up the remaining asset from broker Oxygen
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Cat losses raise Markel International COR to 119%
GWP up 18% thanks to Canadian operation
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China motor market could open to foreign insurers
Country’s insurance regulator submits rule-change proposal
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