Latest News – Page 991
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News
AIG looks for new UK head as Nicolas Aubert takes EMEA role
American insurer AIG is looking for a new UK head after shaking up its European operations.It has changed the organisation in the EMEA region from 47 countries to eight zones, which will be headquartered in London.The change will see Nicolas Aubert move from the post of managing director of the ...
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Transport Select Committee to probe alternative business structures
TSC chair Louise Ellman wants to find out if ABSs are used to side-step the referral fee ban
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Energy insurance rates set to fall – Marsh
Increased capital from institutional investors is pushing rates down
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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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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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Tim Holliday to manage Zurich UK personal lines and Endsleigh
Holliday will replace Endsleigh Insurance managing director Ian Passmore




























