All articles by Newsdesk – Page 161
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Motor premiums fell by 7.5% in Q1 – Towers Watson
The average premium has dipped below £600 for the first time since 2009
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Sabre reports 62.1% COR in 2013 after ‘excellent year’
Rates likely to strengthen in second half of 2014, says Sabre chairman Keith Morris
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Direct Line to weather rate cuts better than Admiral – analysts
Overall European insurance sector was ‘resilient’ in 2013, according to Berenberg analysts
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AXA commercial launches shop cover on PowerPlace
Product is AXA’s fifth addition to online marketplace
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FCA slams financial advisers’ lack of clarity on fees
Regulator said consumers could be misled over costs and services
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ABI: Flood Re band H exclusion was ‘ministerial decision’
Deputy director general Huw Evans says including band H will not jeopardise scheme
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NIG planning to offshore 30 jobs
At-risk positions are not broker-facing and reflect ‘challenging’ commercial landscape
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ABI in Flood Re band H u-turn
Industry originally agreed to exclude high-value properties because of fears over parliamentary support
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Gallagher reports Q1 organic growth slowdown
Giles integration costs at high end of estimate range in Q1
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Brightside swoops to take two from Towergate
Chief exec Paul Williams wants to drive up expertise around operational, underwriting and compliance divisions
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Quindell signs record telematics deal with RAC
Joint venture will create new company, Connected Car Solutions, to distribute connected car capabilities
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Gallagher buys Wesfarmers broking business
Group generated A$331.1m revenue in year to 30 June 2013, with 8-10% coming from the UK
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Finance director David Simpson leaves Bollington
Hire of Patrick McDonnell as Simpson’s replacement forms part of broker’s post-management buy-out restructuring plans
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FCA and PRA have ‘poor understanding’ of insurance – survey
Regulators see industry as ‘remote, inaccessible and a little bit stuck in the past’
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Quinn Insurance collapse cost Irish policyholders £54m in 2013
Amount collected from policyholder levy rose 44%, compared with 2012 levels
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Astbury Wren chief exec banned and fined £70,000 for 'misappropriating' premiums
Broker moved £630,909 of client premium to its own accounts
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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