Latest News – Page 1434
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News
CBG revisits accounts to rectify error
Manchester-based broker CBG Group is to restate its first-half 2009 results in September because it incorrectly accounted for advance commission received under an outsourcing deal.CBG outsourced its premium finance facility to Close Premium Finance in May 2009, which it said would reduce the need for funding from its bankers by ...
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New chief financial officer in top-level reshuffle at Chartis
Fernandes replaces Simon Wood, who will take charge of European accounting systems
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Kerry London set for buying spree after capital injection
Loss of sports and leisure team will not affect profits, chief exec says
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People & Opinion
Leader: Could it be match point for Andy Haste?
Game on! After months of hollow predictions that the GI market was set for a new wave of M&A, RSA got the ball rolling this week with a bid for Aviva’s GI assets
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News
FSA letter identifies five firms responsible for PPI mis-selling
Firms were responsible for £61m of total £61.4m levied by FSCS last year
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Markets & Risks
Grappling with Solvency II
As compliance efforts step up a gear, many are questioning whether the impending Solvency II regime is just one more headache for insurance companies
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News
Allianz gears up for further motor rate rises this year
Insurer chief sets positive tone as the firm prepares to add two new corporate partners
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News
Aviva pounces as big names circle for NIG personal book
Aviva goes head to head with AXA and LV=, while NIG email sparks confusion among brokers
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News
Jelf to unveil revamped broking division within next six weeks
Five acquired businesses will be brought into the restructure
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News
RSA likely to bid again as Aviva knocks back £5bn offer
Rival suitors touted as market leaders welcome prospect of insurer mergers and acquisitions
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Aviva rises on AXA link
Aviva share price up on speculation AXA could follow RSA with bid
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Cliff: Fortis committed to Kerry London
Fortis to continue sport and leisure partnership despite team exit
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FSA bans five following insurance fraud probe
Regulator also hands out biggest ever fine for insurance fraud to broker
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Marsh appoints head of operational risk
Richard Waterer promoted within Marsh Risk Consulting
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Lawyers get PI cover helpline
Law Society offers helpline for firms struggling for insurance
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RSA open to further talks with Aviva
RSA says offer is "fair value" and makes "strong strategic sense"
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H1 commercial rate hikes disappoint Allianz chief
Insurer had aimed for double-digit rises