Latest News – Page 700
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Aviva boss Mark Wilson’s 2015 pay more than doubled to £5.7m
Insurer’s executive directors to get 3% rises in base salary from April
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RSA criticised for limiting vet choice in pet insurance - report
Insurer’s More Than and Tesco policies limit policyholders to 28 approved vets
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Jonathan Davey and Max Carruthers team up for new broker portal
Hughub aims to boost broker loyalty by providing better customer service
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Seventeen Group expands Scottish presence with latest purchase
The broker has acquired Annandale Insurance Brokers
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Allianz sells UK employers’ liability run-off book
Deal is first significant UK employers’ liability acquisition for run-off buyer Catalina
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Berkshire Hathaway backs London MGA’s motor fleet foray
Unicorn MGA set up by US broking group AmWINS
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AIG Europe reports flat 2015 profit in tough market
Insurer cuts back in personal accident amid “challenging conditions”
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Pet insurers pay out £657m in claims
The more unusual pet insurance claims included a python who needed treatment for anorexia at a cost of £200
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Marketform completes underwriting review
Lloyd’s underwriter says broader strategic review is continuing
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Randall & Quilter buys Rank run-off company
R&Q will amalgamate acquisition into its Capstan consolidation vehicle in Guernsey
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Businesses pay cyber ransoms, rather than call the police
Ransomware attacks on the rise, but cases reported to the police fall
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Insurers expect profits to slip over next three months
CBI-PwC survey sees profits under pressure from rising costs, low investment returns
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RSA pays new finance boss Scott Egan £1.6m ‘golden hello’
Payments compensate Egan for bonuses he forfeited on leaving Towergate
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Stackhouse Poland buys specialist PI broker Chris Frost
Acquisition edges Stackhouse Poland towards £125m GWP
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Fraudster jailed for 16 months for series of income protection scams
She was caught out after posting documents linked to one policy to another insurer she was claiming from
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Marketform sells medical malpractice business to Beazley
Sale includes UK/international delegated authority business
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Aviva's underlying earnings 'going backwards' says analyst
Aviva’s underlying earnings have been “going backwards” in recent years, according to Berenberg insurance analyst Trevor Moss. In a sell note issued on the insurer, Moss said Aviva’s profits have been “heavily flattered” by one-off restructuring benefits, which he said are unsustainable. “In our estimation, underlying ...
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CPP more than doubles underlying profit
Credit card insurer still aiming to get FCA restrictions lifted following 2012 mis-selling scandal
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Towergate at centre of Highbridge UK M&A plot
Private equity house’s acquisitions of majority stakes in Towergate, Price Forbes and now Broker Network are just the beginning