All articles by Newsdesk – Page 171
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News
UK floods could exceed £1.2bn – Credit Suisse
And it could be even higher because of the extent and duration of flooding
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LMA welcomes CC motor findings
But warns remedies may not go far enough to combat problems in the motor market
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Breaking News
Insurers urged to show old premiums
Which? launches campaign calling on insurers to show last year’s premium alongside renewal quotes
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L&G marks entry into personal lines motor with Junction partnership
Policies will be underwritten by Junction’s panel of 14 insurers
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Berns Brett achieves chartered Lloyd's broker status
Achievement is part of long-term strategy to support growing client base and needs
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Ageas aiming for 100% commercial COR in 2014
Insurer incurred £20m of flood claims in Q4 and could incur a further £20m for this year
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Besso hires Cooper Gay’s Hovey as finance chief
Hovey resigned from Cooper Gay chief executive role last year
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Aon to partner with smaller brokers
Broker is looking to improve its SME offering through new partnerships
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Government calls for evidence on Flood Re exclusion impact
“Small” number of leaseholders in high risk areas will be able to access affordable cover - insurers
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Kiln buys 49% of US underwriting agency NAS
Los Angeles-based firm wrote $75m of premium in 2013
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Gallagher moves four direct businesses to Bournemouth 'super centre'
Acquired businesses plotting expansion this year
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Willis appoints Sara Benolken as global leader of telecomms
Benolken will be responsible for helping clients to gain access to insurance products
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White Oak expands into specialist fine art and classic car market
Move prompted by growing demand for specialist expertise to service sector
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Birmingham councillor slams ‘incorrect’ burglary figures for pushing up home premiums
Rob Pocock claims he has found a 500% discrepancy in the figures
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Elite to make raft of appointments to support expansion
At least 10 extra staff will be taken on by insurer across various departments
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Floods crisis sparks monthly summits between insurers and Downing Street
Insurers will give briefing on immediate and longer-term recovery plans at first meeting
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Insurers to attend summit meeting at Downing Street over floods crisis
Questions over Flood Re likely to be discussed at roundtable meeting
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Arthur J Gallagher hires ex-Barbon chairman
Jamie Drummond-Smith oversaw Barbon property and commercial sale to Gallgaher
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RSA 'planning £350m share placement'
Insurer also looking to sell Canadian unit, according to reports