Latest News – Page 930
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Energy insurance rates set to fall – Marsh
Increased capital from institutional investors is pushing rates down
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News
Swinton extends deal with Quindell
Quindell will take over all aspects of the broker’s claims process
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Bluefin swoops for Thistle's head of underwriting to set up its MGA
Paul Drake joins as head of underwriting next month
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Claims for pothole damage increase five-fold – AA
The AA estimates 1,700 private car owners have made a claim for pothole damage during the first few weeks of 2014
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MoJ portal fees could be set to increase
Any change to guideline hourly rates for claimant solicitors could lead to a review of the fixed recoverable fees for portal claims
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WR Berkley looks to the regions for growth
London market insurer wants to trade directly with more brokers
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Chancellor blasts FCA for insurance probe leak
News of probe sparked sharp drop in insurers’ share prices
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R K Harrison breaks through £100m revenue barrier
The broker also recorded organic growth of 12%
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Brit starts full trading on London Stock Exchange
Lloyd’s insurer’s opening price was 236p a share
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Cooper Gay outlook downgraded to negative – S&P
But reinsurance broker maintains B credit rating
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Agenda
Private health insurance shake-up
CMA releases final report that orders sale of hospitals and other measures aimed at boosting competition
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NewsArthur J Gallagher a 'retail powerhouse' with Oval deal
Gallagher confirmed £199m purchase of Oval yesterday
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Agenda
Brit Insurance avoids liability in major fire claim
Furniture hire company loses case against insurer
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Oval PE backer Caledonia makes £27.3m profit on sale to Gallagher
Gallagher paid private equity firm paid £70m for 25.4% stake in broker
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NewsGallagher buys Oval for £199m and names Peter Blanc UK retail chief
Retail business will control £1bn of gross written premium
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News
Tim Holliday to manage Zurich UK personal lines and Endsleigh
Holliday will replace Endsleigh Insurance managing director Ian Passmore
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AgendaFlood Re and FCA top Insurer 50 concerns
Regulator’s lack of industry knowledge in some areas such as add-ons can be a problem, while industry needs a voice with government over flooding
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Online onlyBroker 50 thrash out regulatory concerns
First Broker 50 event of the year hears how mandatory commission disclosure may yet return to IMD II
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Online onlyBriefing: Allianz’s plans should worry other insurers
Plus – why this year is a big one for Towergate boss Mark Hodges
