Latest News – Page 561
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NewsEU confirms IDD delay
Implementation of the new Insurance Distribution Directive has been delayed from 23 February until October, it has been confirmed
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Online onlyAIG international business needs continued fixing amid losses
AIG’s International business posts underwriting loss with more work still needed in Europe
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NewsVan premiums fall in last 3 months
Van rates fall in last three months, but are still higher year on year
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NewsNew Pool Re terrorism assessment tool leads to discounted premiums
Self-assessment tool could earn UK insureds a 5% premium discount
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NewsWhat's new in HNW?
Three top industry figures look at trends and innovations in high net worth insurance
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NewsInsurer non-exec director to take on FSCS chair position
The new FSCS chair, who is a non-executive director of a major European insurer, will take on the role from 1 April.
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NewsIrish insurer in crisis as regulators order urgent action
Dublin-based insurer, CBL Insurance Europe is crisis after the Central Bank of Ireland ordered it to bolster capital and reserves, and its parent company has been suspended from trading its shares on two stock exchanges
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NewsIPT cash receipts up 15%
HM Revenue and Customs releases its IPT bulletin, showing a 15% increase so far this financial year
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NewsSaga increases motor reinsurance share
The over-50s service group adds Hannover Re to quota share agreement
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NewsHiscox veteran-led insurance app bolsters top team
B Corp insurtech app Kinsu completes its second funding round and launches on Android
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NewsAIG's international GI losses narrow
AIG’s non-US operations show narrower losses, but premiums fall and COR widens
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NewsDLG profit and results “ahead of market expectations”
Direct Line Group has published its headline results early, revealing a combined operating ratio drop of 5.7%
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NewsCredit hire scammer slapped with prison sentence in “first” case of its kind
A man from Manchester has been given an eight-month prison sentence over a credit hire scam, in what law firm Weightmans believes is the first case of its kind
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NewsGeo, formerly Towergate, and DAS launch home product for private clients
DAS UK partners with Geo Underwriting, the newly rebranded Towergate, to launch HNW home insurance product
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NewsInsurtech start-up raises £850,000 through crowdfunding
The start-up had initially secured EU funding, but when this was put on hold indefinitely, its team took matters into its own hands and began crowdfunding
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NewsOgden pushes Zurich UKGI into loss
Zurich says it would have made a profit on general insurance business without the Ogden hit
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NewsAllianz eyes up XL Group – reports
Reports suggest that Allianz is considering the purchase of XL Group
