Latest News – Page 559
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NewsBerkshire Hathaway feels impact of higher AIG claims
Higher than expected claims from AIG impacted a reinsurance deal with Warren Buffett’s Berkshire Hathaway
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NewsHiscox profits hit by nat cats
Hiscox reported a slump in profits after an ‘historic’ year of catastrophes
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NewsCBL Insurance in liquidation
New Zealand regulator puts troubled insurer into interim liquidation
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NewsMonarch airline ticket agents reassured over claims amid crisis at CBL insurance
Affirma Insurance says airline agents will still have their claims settled despite CBL Corp’s troubles
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NewsSeventeen Group acquires two Scottish brokers
Seventeen Group has made a total of three acquisitions this week
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NewsTelematics firm slams government's "unfair" plans to ban young drivers at night
Insurethebox comes out against the proposed ban on new drivers going out at night, calling it “unfair” and “punitive,” while the ABI keeps an open mind
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News“We need to rethink our approach” to cyber risk – Marsh chief exec John Doyle
Marsh chief executive John Doyle says insurers are “worried” about cyber insurance, and suggests a new strategy is needed to tackle the growing risk
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Online onlyOnly RSA takeover will get full sale value for shareholders - Berenberg
RSA has been told only a full sale will get best value for shareholders and selling bits of the business is not now beneficial. Berenberg said today: ”The pension liability and loss of diversification benefits in its capital model mean disposing of any remaining operations is unlikely to be ...
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NewsHurricanes, cyclones batter Swiss Re profits
The (re)insurer was hit hard by large cat losses in 2017
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Online onlySwinton axes 40 branches
Broker Swinton is closing 40 branches, putting 268 jobs at risk
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NewsPrince Harry royal wedding coverage forces Biba 2018 host shake up
Biba 2018 will now have a new conference host, after Sophie Raworth hit a scheduling conflict because of Prince Harry and Meghan Markle’s wedding
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News“Over £266bn worth of uninsured household possessions in the UK”- ABI
A quarter of households in the UK do not have contents insurance, leaving over £266bn worth of items at risk
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NewsMoneysupermarket boosted by strong insurance
Price comparison site points to positive market conditions
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NewsRSA UK hit by household claims
RSA reported UK underwriting losses for 2017, hit by hurricanes and escape of water claims
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Online onlyACORD to host digital customer event discussing groundbreaking study - join now
ACORD to host digital customer event discussing ground-breaking study - join now
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NewsMGAA appoints new board director and announces growth ambitions
The MGAA has appointed a new board director, following a vote and confirmation
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NewsClaims payment disruptor Optal strikes deal with Allianz
Deal will cut fraud, speed up payments and allow charge back for insurers
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NewsAA forecasts fall in profit in FY2019
The breakdown and insurance group said higher investment will hinder profit growth in the short term
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