Latest News – Page 939
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News
Howden hires two from JLT to launch construction practice
Paul Lewis and John Perrin join with major corporate client experience
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Bluefin to unveil two new acquisitions ‘very soon’
Broker shifts into growth mode after flat revenues in 2013
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Novae restructures as 2013 profit rises 14%
Lloyd’s insurer unveils record underwriting profit surge and plans to organise around three trading divisions
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Agenda
Insurance fraud rose 22% in 2013 - CIFAS
Application fraud increases by 11%, and false insurance claims by 22.6%
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L&G GI profit more than doubles thanks to better weather
COR drops 11 points while GWP rises 7%
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Admiral UK motor profit rises 6% despite 12% turnover drop
Reserve releases surge but Engelhardt says long-term success lies beyond UK motor
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Agenda
Guy Carpenter appoints new European chief exec
Massimo Reina succeeds Peter Stubbings who becomes Bermuda chairman
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LV= receives ratings upgrade to 'positive'
S&P also affirmed the composite insurer’s ‘BBB+’ financial strength rating
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Tom Woolgrove named Flood Re interim chief executive
Outgoing DLG personal lines boss will not apply for the permanent job
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Insurance turnover up 6% at Moneysupermarket.com
Traffic bounces back after aggregator lost out from Google’s algorithm change
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Acting chief exec: JLT can cope with Burke’s two-month absence
Broker will continue to look for bolt-on acquisitions, says Drummond Brady
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FOS: general insurance complaints down 10%
But it is still the second most complained about sector in financial services
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Gallagher hires Sarah Peppiatt to drive up coverholder compliance
FCA and PRA focus on the operation and control of binding authorities is increasing - Gallagher
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Online only5 March 2014 Issue
Read a digital version of the 05 March 2014 edition of Insurance Times. Highlights include a report on talks between insurers and government ministers over the recent floods, an analysis of RSA UK’s results, a report on the use of social media by insurers, a snapshot of the first 2013 ...
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Online onlyPersonal lines boss Tom Woolgrove to leave Direct Line
RSA’s Mike Holliday-Williams will take charge of UK personal lines
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JLT records organic growth of 8.5%
Broking business brings in revenues of £723.9m, up 7%
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News
Former Lemma Europe MD Trusselle declared unfit by Gibraltan regulator
Broker which placed solicitors PI cover with Lemma required to wind up business
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FOS complaints climb 38% to hit record levels
But slowdown in second half of the year hints at improving situation
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Losses widen at Lorica as hiring spree continues
Broker posted £2.7m loss in year to March 2013
