Latest News – Page 775
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NewsAXA UK underlying profits up 27% in H1
COR improved improved by 1.2 percentage points to 97% - helped by benign weather.
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NewsDirect Line Group profit jumps 49% as COR falls below 90%
Insurer revises 2015 COR forecast because of higher-than-expected reserve releases
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NewsAmanda Blanc to run AXA’s entire UK GI business
Chief executive to assume responsibility for direct personal lines
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NewsOval/Giles integration costs Gallagher £16m in H1
Consolidation of UK offices, technology costs, onboarding of over 3,700 employees are included in costs
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Online onlyKPMG parachuted into Gallagher for FCA investigation
Gallagher also involved in US tax probe into captive set up
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Online onlyCounty Insurance buys broker and announces ambitious growth plans
Broker says refinancing opens way to further growth through acquisitions
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NewsIronshore under negative review by AM Best after Fosun deal
Ratings agency review reflects concerns over Chinese company’s credit profile
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NewsRSA reportedly holding out for 600 pence offer from Zurich
Such an offer would represent a 31% premium to RSA’s pre-announcement share price
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NewsBroker boss triumphs in £2m high court battle with Capita
Appeal Court overturned previous ruling that Capita could recover compensation bill from ex-Sureterm Direct boss
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Online onlyManchester-based trio jailed over elaborate ‘crash for cash’ scheme
The scheme was uncovered after a joint investigation by Saga and IFED
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Online onlyBrit’s profits plunge as US interest rate rise fears hits investments
Brit boss Cloutier stresses the insurer’s underwriting remains on track
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Online onlyCambridge hit amid UK crimewave of cyber thieves stealing cars
Cambridge, West Midlands, London and Brighton all reporting cyber car theft crimewaves
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Online onlyCritics begin to round on Zurich’s RSA swoop
Zurich told best option would be to drop RSA deal and give cash back to shareholders
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NewsZurich UK personal lines MD Tim Holliday to depart
Zurich customer operations director David Nichols will replace Holliday on an interim basis
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Online onlyCovéa hires two from Sterling as integration continues
Covéa group bought Sterling in February of this year
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Online onlyAlan Boswell Group shows pre-tax profit growth of 27%
The broker is moving its financial division to offices it occupied 15 years ago
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NewsMoneysupermarket insurance half-year revenues rise 8%
Group-wide profit after tax grew 44% to £30.2m compared with £21m in 2014
