Latest News – Page 524
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AgendaMGA transferred LAMP customers to unrated Gibraltar insurer over rated alternative
Now4cover chief executive Michael Muzio explains why the unrated option was the better choice in this case
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NewsSabre half-year profits lower amid lagging claims inflation
The firm is on track for its full year results
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NewsLloyd’s broker Paragon bought by Australian insurance group
The deal will take PSC’s controlled premium at Lloyd’s to around £500m
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NewsAston Lark hails revenue progression following merger completion
The group now operates from 25 UK offices, employing over 770 people and places £330m GWP
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NewsContractors unable to get cover as construction insurance crisis spreads
Building inspectors have already been forced to cease trading and now contractors can’t get cover too
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NewsThe construction cover crisis: what we know so far and what next?
The construction market is caught up in a dilemma over Approved Inspectors who oversee projects now finding it increasingly difficult to actually get the insurance they need to operate, Insurance Times investigates
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NewsLAMP home policies transferred to Gibraltar insurer
Customers of now4cover are transferred to another Gibraltar-based insurer
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News‘The inconsistency is breathtaking’ - claimant association slams ABI tracker
The ABI has said that premiums are likely to increase, despite the Ogden rate improving
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AgendaNexus Group acquires niche professional indemnity MGA
It is Nexus’ second deal in financial and professional lines this year
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Online onlyInsurers warn of Ogden impact amid latest premium data
ABI tracker shows costs going up even before Ogden reform
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NewsDoctor accuses Hastings of “everyday sexism” in renewal letter
In a letter she posted on Twitter, Dr Gilchrist said she was “absolutely disgusted and outraged”
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NewsHow the rising cost of traditional building materials is impacting claims inflation and premiums
It was revealed recently by Ecclesiastical that the cost of traditional building materials is increasing, but could this have a knock-on effect on claims inflation? And what other factors might be at play?
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Online only“On the cusp of a disaster” – More building inspectors cease trading after failing to renew insurance policies
The trade body for private building inspectors gets behind insurance industry calls for stringent terms of cover to be changed urgently by the government
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NewsPensions PI insurance crisis deepens as insurer stops accepting new clients
An uptick in pensions mis-selling has prompted many insurers to reconsider their position in the last few years
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Online only‘Terrific momentum’ - Gallagher hails 2019 as UK storms ahead
UK leads the way as Gallagher posts strong half year results
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AgendaHigh net worth investors are turning to drink as whisky values surge
Wealthy collectors splash the cash on rare Scotch, while London’s ultra-high net worth stick to bricks and mortar
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AgendaEx-CEO Asplin ordered to pay £5.3m for DAS fraud
DAS will receive around £8.3m in compensation from Asplin and the other two defendants found guilty of defrauding the firm at last year’s trial
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NewsBLM and AXA win fundamental dishonesty case where 'injured' fraudster wasn't in the car
The fraudster wasn’t in the car when the collision occurred, but still claimed for injuries
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NewsPIB scoops JLT senior figure as new chief risk officer
The new CRO will replace Jon Stanley, who has left PIB to pursue other interests
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NewsAllianz promotes from within for its new head of commercial pricing
From a management trainee scheme in 2004, Allianz’s new head of commercial pricing has worked her way up
