All articles by Newsdesk – Page 120
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News
Marsh parent MMC’s broking profit rises 5% in year to date
Division reports 3% organic growth in first nine months of 2014
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PRA questions insurers over climate change
The regulator wants to know how businesses and investments will be affected by the changing global climate
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London Land Rovers refused motor insurance after spate of thefts
Insurers are requiring the cars to be parked underground or in secure facilities for cover to be provided
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AXA victory in private prosecution for £100,000 personal injury scam
Paul Gustar’s three-year sentence for fraud was suspended because of wife’s “fragile state of mind”
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Ecclesiastical hires AXA property boss as new underwriting director
Tony Hutchins will replace Paul Bloxham who is retiring from the business at the end of the year
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Innovation Group pens deal with Zurich
Zurich says the deal will help the insurer to improve its business operations
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AA still has reservations about whiplash panels
Managing director Janet Connor said more information needs to be provided to medical practitioners for assessing whiplash injuries
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Coleman makes double promotion for managing director roles
Steven Risk and Jonathan Mayo have replaced John Eldridge - now MD of Canopius-owned broker K Drewe
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Allianz GCS expands management board's responsibilities amid growth
Allianz has also introduced a new line of business to serve mid-size companies in selected countries
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Lloyd's cuts rate in £500m bond issue thanks to investor demand
Lloyd’s said the new bond would make it less reliant on liquidity of members
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LexisNexis enters Chinese market in new data deal
LexisNexis insurance chief exec Bill Madison said Chinese car insurance market was growing rapidly
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UK exits dampen AXA’s nine-month non-life revenue growth
Cutting unprofitable UK and Ireland business in 2013 offset the effect of rate increases
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Sharia-compliant Cobalt MGA gets additional capacity in new deal with AIG
AIG is the third insurer to provide capital to the MGA after QBE and XL
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Settling claims with vouchers not meeting customer needs
Study finds twice as many people prefer a replacement item
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Personal motor insurers to return to loss this year after profitable 2013
Insurers will be in for a bumpy ride in coming years, says new Towers Watson report
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Davies unveils new brand as it restructures operations
Changes will enable Davies to invest more in professionalism, customer service, innovation and its specialist services
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Davies and Staffordshire University launch training and graduate scheme
The programme includes three to six month internships, work experience and a two-year graduate course
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Janice Deakin unveils new Gallagher UK retail exec team
New retail chief executive creates new layer of regional management and national placement post