Latest News – Page 625
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NewsQBE to target regional brokers
Insurer QBE will be reaching out to regional brokers in 2018, according to Europe chief executive Richard Pryce
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NewsQBE to seek “opportunities” in post-Ogden motor market
Pryce confirms QBE’s internal Ogden rate assumption is set to 0.25%
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NewsHigh Street chain looks for “solvent sale” after losing trade credit insurance
Technology retail chain looking for a buyer after trade credit insurance withdrawn
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NewsFamily of fraudsters sentenced for £37,000 of fake claims
A man, his mother and his nephew sentenced after submitting over £37,000 worth of fraudulent insurance claims
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Online onlyZurich to cover 8,000 policies as CBL Corp goes into voluntary administration
Zurich to help policyholders of collapsed insurer CBL Insurance Europe
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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
