Latest News – Page 1662
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Online onlyBoE tells insurers to swap debt
Switch subordinated debt for equity or senior debt, says Bank
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NewsBlowers to leave Swiftcover as parent AXA brings claims in-house with SIMS
Swiftcover founder Andrew Blowers has resigned and will step down at the end of the year.Blowers was chief executive of Swiftcover when it was acquired by Axa in February 2007. Last year he became non-executive chairman and was replaced by Steve Hardy.The development follows AXA’s purchase of claims provider SIMS ...
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Stockwatch
Sagicor Group produced $250m of revenue for the three months ending31 March 2009 – an increase of more than $24.5m compared with the corresponding three months in 2008. The group said that premium revenue was mainly responsible for this growth.“Net premium revenue increased by 19.6% over 2008 to reach $166.2m ...
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Amlin’s FCI purchase under fire after change of strategy
AM Best reviews Lloyds’ insurer rating in order to assess its financial strength following FCI deal
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We’re always open to MGA deals, says Zurich
Zurich is leaving the door open to more deals with managing general agencies (MGA), says sales and distribution director Darren Pacey.Zurich is a capacity provider for Giles-owned Ink and last month tied up a similar deal with Oval’s new MGA.Pacey said the Swiss insurer did not have a specific strategy ...
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BackchatBackchat: Whatever floats your boat
Insider goes spinning at lunchtime, is all at sea but still on dry land, and is bemused by Joe Plumeri’s single-track mind
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News
Osborne spells out Tory plans to work with insurers
The Conservatives pledge to recognise the special needs of the industry
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Special ReportsLondon IT Pack 2009: Become a leader in the IT pack
Starting out as a broker can be a daunting prospect so getting the advice of experienced senior industry figures is a valuable opportunity. Join Insurance Times on the road over the coming months as we take a snapshot of different regions across the UK to see how new brokers view ...
