Latest News – Page 553
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NewsHundreds of UK firms reassured over CBL collapse
Around 200 firms in the UK have indemnity cover with the collapsed insurer
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NewsRSA boss Stephen Hester lands £5m after strong 2017
RSA chief executive, Stephen Hester pockets £4m on top of his £1m salary after a strong year which saw record underwriting results
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NewsStag-partygoers fined £68,000 after injury fraud
17 men on a stag-do found to be ‘fundamentally dishonest’ and forced to pay LV= GI £4,000 each
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NewsMS Amlin to put UK jobs at risk
Following a review, MS Amlin to cut expenses, putting a number of UK jobs at risk
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Online onlySolicitors to cut professional indemnity limits and get cheaper prices under new plans
Regulator is proposing a large reduction in minimum cover
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NewsSmartdriverclub increases telematics capacity
Smartdriverclub hopes to increase its GWP via aggregator site by 200% in two years
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NewsWhiplash reforms could cost lawyers £81m per year
An impact assessment on the new PI reforms says lawyers could lose out on up to £81m per year, while insurers can expect a huge benefit of over £1bn
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NewsAon UK finds replacement COO
Nathan Shanaghy will replace the retiring David Ledger, who leaves Aon after 21 years.
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NewsLiiba names next chairman
New Liiba chair pledges to focus on PPL, supporting members and the regulator, and Brexit
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Online onlyRetailer to pay £2.1m customer compensation amid insurance mis-selling
FCA swoops on firm amid mis-selling of theft and accidental damage
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NewsCouple fined £15,000 after holiday sickness bug scam
The couple claimed the hotel food made them ill for weeks but posted holiday pictures on social media
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NewsAscent names James Weatherstone as non-executive chairman
Ascent Underwriting announce a new non-exec chairman, who joins from Arch
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NewsPool Re to cover non-damage terror losses
Government to legislate to broaden terror insurer’s remit
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NewsLV= names new GI chief risk officer
Kieran O’Keeffe will begin his new position at LV= on 1 April
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NewsBiba partner updates app for faster P&L claims
Insure Apps adds property and liability claims to its app, joining its motor claims platform
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NewsCovéa launches new commercial lines product
Excel Business Combined is a property and casualty proposition for clients in the mid-corporate sector
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NewsSabre posts strong maiden results
The motor insurer’s first financial statement since its stock market listing shows continued strong performance
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NewsCatastrophes to blame for Lloyd's of London's £2bn loss
Lloyd’s reports its first annual loss in six years
