Latest News – Page 824
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NewsCredit Suisse gets approval for new £90m Lloyd’s syndicate
Credit Suisse gets approval for £90m Lloyd’s syndicate Barbican to manage Syndicate 1856, which will start writing in January 2016
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Online onlyAviva and LV= fraudster hit with mega jail sentence
Trickster hit with one of the longest ever sentences for insurance fraud
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Online onlyPolice probe RSA customer data loss
Thousands of customers left vulnerable as data storage device goes missing
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News‘Strong notes of caution’ in Lloyd’s results despite good first-half
Market’s finance director warns of pricing pressure as five business lines report CORs over 100%
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NewsERS hires broker development head from RGA Underwriting
Overseeing a team of five Baljit Sodhi will be responsible for sales and broker relationships.
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NewsEU regulation will stop insurers tackling fraud - Insurance Europe
William Vidonja was discussing the upcoming regulation at the ABI’s data conference
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NewsFCA bans broker for misappropriating premiums
More money than broker Savesure was entitled to receive as commission was used to fund business expenses
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NewsRKH call centre closes as Howden focuses on core markets
As a result of closure four months after launch Simon Trott has left the broker
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NewsFormer Towergate unit Folgate reopens doors for business
Former Arista chief Charles Earle joins insurer’s board
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NewsGable seeks to raise capital to meet Solvency II requirements
Insurer looking at reinsurance and debt to make up additional funds required for new capital regime
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NewsGable makes £2.4m first-half loss as it continues to close reserve gap
Unrated insurer adds another £3.8m to close gap between reserves and actuaries’ estimates
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NewsLloyd’s first-half profit falls 28% as rate cuts bite
Results also hit by falling investment returns, which almost halved
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NewsPaul Evans: Insurers’ data use will shape industry’s future
Big Data sounds like Big Brother’, so customer trust is key, says ABI chairman
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NewsAgeas Insurance takes new finance director from Canopius
Stuart Logue will replace Helen Pickford who leaves Ageas at the end of September
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Online onlyUnite plans strike action amid L&G job cuts
The union is holding a consultative ballot as 1,700 jobs look to be at risk
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NewsQuindell buys remaining stake in Canadian rehab firm
PT Healthcare owns just under 100 clinics plus an additional 150 treatment sites.
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NewsABI launches guide to reassure customers about use of data
Guide will show how information can also be used to improve products and services
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NewsFire claims top weather as total property claims fall
ABI figures show benign weather reduced overall property claims
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NewsHDI-Gerling UK hires RSA property director and forms new unit
David Corrigan joins industrial insurer as David Ball moves to head up new engineering, construction and energy division
