Latest News – Page 711
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NewsAgeas to review pricing and Flood Re strategy after storms
Insurer’s £46.1m storm claims bill is unlikely to trigger reinsurance payout
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NewsBriefing: Google buying AIG? No way, but …
Citigroup analysts have suggested that the tech giant should buy troubled insurer AIG
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NewsGoogle should buy AIG, says Citigroup
Bank says tech giant’s disruptive power could transform the insurance industry
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NewsAviva's online car insurance brand suffers website data breach
But Quote me happy said that no sensitive personal data, such as bank or card details, had been accessed
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NewsWillis sues Peter and David Hearn over ‘breach of contract’
Willis Towers Watson is suing brothers in a contractual dispute over monies owed after their departure from the broker
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NewsBarbican hires UK property head from Towergate’s Fusion
Sam Brown’s previous role was as London market relationship director at Fusion/XP
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NewsAgeas UK 2015 profit falls 65% because of storm claims
Extreme weather claims of £46.1m push COR to 102%
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NewsABI warns Osborne against further rise in IPT
Another rise in IPT would squeeze millions of households
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NewsHenderson buys Manchester broker John Reynolds Group
Broker to merge new purchase with credit business
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NewsOne in five brokers say insurer data is ‘poor’ – survey
A further 50% describe the data as ‘average’
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AgendaHome insurance premiums rise 3.1% since IPT hike - Consumer Intel
However, premiums are considerably lower than they were in 2014
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AgendaBrit to add £121m capacity to US-based MGU
The move is part of Brit’s wider selective expansion into niche global ventures
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AgendaFitch downgrades Amlin IFR to ‘A’, says outlook is ‘stable’
Ratings agency said new owner Mitsui’s own rating capped Amlin’s
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AgendaProperty damage claims value rising steeply – BLM research
The average value of a property damage claim rose by about 101% in the past 10 years
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NewsIFED working to make it easier for insurers to report fraud
New case referrals team and technology upgrade to help in industry’s fight against fraud
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NewsBluefin ‘very happy’ with judge’s ruling in Bruce/GRP hearing
Judge said there was enough evidence to keep injunction in place
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NewsSRA proposes changes to solicitors’ PI policy terms
Changes designed to bring terms into line with Insurance Act
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NewsFinancial fraud value more than doubles to £567m
Finance and insurance most susceptible to fraud, BDO finds
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NewsMoJ proposes fee caps for CMCs
Charges for claims over £2,000 will be limited to £300 under plans
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NewsAIG shares rise 5% after Icahn gets seat on board
Increase comes despite $1.8bn fourth-quarter loss
