Latest News – Page 837
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Canadian insurer Fairfax to buy QBE's Ukrainian insurance arm
Acquisition follows purchase of QBE’s Czech Republic, Hungarian and Slovakian businesses two months ago
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Lloyd's broker doubles GWP to £70m with acquisition
Clegg Gifford’s acquisition of broker Westminster leaves former owner Tradex as insurer only
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Ageas Insurance Solutions’ Mike Stanley to leave in March
Departure of change and development director follows review of partnerships leadership team
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Ex-Oval finance director returns to Gallagher as interim International CFO
Ian Story to replace departing Mark Mugge
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Broker Principal secures £250,000 funding from Yorkshire Bank
It is the first time the broker has sought external funding since it was set up in 2011
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Quindell sale negotiations ‘on-going’
Outsourcer is in talks with Australian law firm about the disposal of its legal services division
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XL reports record COR for 2014
Combined operating ratio (COR) improves by 4.3 percentage point as lack of catastrophes drives down loss ratio
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Allianz mechanic rescues toddler from burning house
Rob Day carried two-year-old to safety after being alerted to the fire while repairing a car for the insurer
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LV= 2014 GWP shrinks as motor income drops by 10%
But total in-force policies grow by 4% to £4.6m in ‘challenging year’
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Towergate chairman defends takeover deal structure
Alastair Lyons to leave broking group this year after hiring new chief executive
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Novae hires new casualty boss from Aspen
Rober Patten will also join the insurer’s executive committee
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RSA makes internal promotion in global specialty business
Steve Slingsby will take on the role of operations and change director
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Motor premiums fall by 4% in 2014 - ABI
But in last quarter of 2014 the average premium was up 1% when compared to same period in 2013
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IFED confirms Angie Rogers as Dave Wood's successor for unit head
Wood had been head of the unit for three years
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Allianz selected as Verex motor insurance partner
Insurer will provide claims and underwriting services for vehicle manufacturers and dealers
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Ageas to review motor wording after Jesus car sticker row
Insurer argued religious car stickers are modifications that need to be declared
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Octo and SAS in telematics partnership
Combined research and development will lead to new products and services
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CMA motor probe sparks Keoghs and Innovation Group claims partnership
Captivate will capture non-fault claims and provide a full claims service
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Towergate faces £85m compensation bill for mis-selling financial products
Broker could recover £12m of the compensation payments from insurers