Latest News – Page 985
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Home insurance premiums fall for sixth consecutive quarter
AA figures reveal rates dropped by 6.6% over the past 12 months
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S&P affirms Ecclesiastical’s A- rating despite slow recovery
Rating agency cuts insurer’s ‘anchor’ rating to bbb+ from a-
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22% of personal injury CMCs closed since Laspo
MoJ blames ban on referral fees and incentives for closures
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Willis follows Aon with controversial subscription deal
Berkshire Hathaway, Aon’s sidecar provider, also on Willis books
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MoJ announces further plans to fight 'whiplash fraudsters'
Independent medical panels will be introduced next year to assess whiplash injuries
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Motor premiums continue to fall
AA figures reveal premiums dropped by more than 12% over the past 12 months
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Mass backs MoJ decision to defer small claims limit decision
MoJ will now wait to assess the impact of other motor reforms before coming to a decision
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Steve Cousins to head AIG UK commercial property
Cousins will take over from Hilary Flynn, who is joining AIG’s EMEA property team as head of regional underwriting
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Insurance M&A activity set to increase
Towers Watson survey reveals 70% of insurers are looking to the M&A market
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HomeServe UK head Jonathan King to step down at end of year
Jonathan King will be replaced by Martin Bennett at the start of next year
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Ageas wins High Court approval to transfer Groupama business
From November 1 Ageas will be the underwriter for all former Groupama covers
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Towergate sales and service head Trott resigns
Executive to announce his new job in the coming weeks
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Liberty plans to grow business with new Belfast office
American-based insurer will concentrate growth plans on Quinn’s depleted share of the market
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Aviva names Tulloch’s replacement in Canada
Greg Somerville fills role vacated by new UK GI chief
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Munich Re expects to hold pricing power during renewal
(Re)insurance prices could be under pressure next year due to an inflow of capital from pension funds
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BP Marsh pays enhanced dividend following Hyperion sale
Private equity firm eyeing stakes in overseas brokers
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European insurers not making most of the digital era
But future investment planned to close the gap on the rest of the world
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Barbon to close Croydon head office in January
Legal and claims, HR and finance teams to relocate to Lincoln office
