Latest News – Page 933
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Court of Appeal: Zurich wins battle to overturn £108k credit hire claim
Other insurers could benefit after court rules claim for more than 10 times car value was excessive
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Estimated loss ratio of Lemma Europe solicitors' PI book was as high as 300% - Liquidator
Liquidator hopes to pay creditors between five and 10 pence in the pound after full recovery of assets
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NewsAviva chief executive Wilson nets £2.6m in first year
New chief executive is paid 75% of maximum bonus after missing engagement score targets
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NewsRSA bosses Lee and Brown’s pay more than halved in 2013
Group and UK chiefs did not receive bonuses after loss-making year
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New regulators will cost £664m
The FCA and PRA will cost 24% more than their predecessor
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AIG UK returns to underwriting profit in 2013 and enters growth mode
High net worth and MGA business among areas for expansion
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RSA launches £773m rights issue
Discounted share sale will net the company £748m after expenses
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Lloyds Banking Group cutting PPI compensation by as much as 25% – reports
Bank has been using ‘alternative redress’ to reduce the amount it has to pay out for mis-sold PPI policies
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Aviva sells Turkish GI business
Private equity consortium is led by EMF Capital Partners
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Lloyd's: Insurers have role to play in developing new technology
Autnomous and unmanned vehicles will only be commercially viable if insurers can develop policies
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Chubb appoints QBE's Dave Draper as casualty manager
Appointment marks a return for Draper who was previously employed by Chubb between 2002 and 2004
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Brokerbility launches 'genuine alternative to university'
At least 20 apprentices will start with network members this year
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Inflated claims on the rise as fraudsters exploit busy claims departments
Commercial claimants are worse than householders
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ACE hires Ecclesiastical’s Westwood for new Midlands role
Former broker becomes business development manager for Birmingham and East Midlands
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Co-operative Bank to raise £400m to pay ‘conduct and legal’ charges
Bank set to report £1.2bn loss next month
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Quinn Insurance seeks jail for cagefighting crash ‘fraudster’
Insurer rejected Valerijs Trifonov’s compensation claim after professional fight filmed just days after crash
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Gallagher Bassett branch manager George Nicol to chair Biba motor panel
Nicol will replace Allan Briscoe who has chaired the committee for ten years
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NewsInsurance call centres prepare for Sport Relief
Staff from Chaucer Direct, Paymentshield, Allianz and MCE to man donation lines until midnight
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Tim Ryan to head Biba’s new networks and MGAs’ board
New board to ensure networks and MGAs are represented within trade body
