All articles by Newsdesk – Page 59
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News£206m of Direct Line GWP at risk as Nationwide reviews deal
Building society is one of insurer’s largest partners
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NewsExor sees off AXIS to buy PartnerRe for $6bn
AXIS will receive a $315m break-up fee from PartnerRe as a result of merger agreement being terminated
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NewsAXA UK underlying profits up 27% in H1
COR improved improved by 1.2 percentage points to 97% - helped by benign weather.
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NewsDirect Line Group profit jumps 49% as COR falls below 90%
Insurer revises 2015 COR forecast because of higher-than-expected reserve releases
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NewsAmanda Blanc to run AXA’s entire UK GI business
Chief executive to assume responsibility for direct personal lines
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NewsOval/Giles integration costs Gallagher £16m in H1
Consolidation of UK offices, technology costs, onboarding of over 3,700 employees are included in costs
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Online onlyCounty Insurance buys broker and announces ambitious growth plans
Broker says refinancing opens way to further growth through acquisitions
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NewsIronshore under negative review by AM Best after Fosun deal
Ratings agency review reflects concerns over Chinese company’s credit profile
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NewsRSA reportedly holding out for 600 pence offer from Zurich
Such an offer would represent a 31% premium to RSA’s pre-announcement share price
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Online onlyManchester-based trio jailed over elaborate ‘crash for cash’ scheme
The scheme was uncovered after a joint investigation by Saga and IFED
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NewsZurich UK personal lines MD Tim Holliday to depart
Zurich customer operations director David Nichols will replace Holliday on an interim basis
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Online onlyCovéa hires two from Sterling as integration continues
Covéa group bought Sterling in February of this year
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Online onlyAlan Boswell Group shows pre-tax profit growth of 27%
The broker is moving its financial division to offices it occupied 15 years ago
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NewsMoneysupermarket insurance half-year revenues rise 8%
Group-wide profit after tax grew 44% to £30.2m compared with £21m in 2014
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NewsQuindell unit buyer ends contract with Swinton
The Professional Services arm bought by Slater and Gordon has been providing services to Swinton since December 2012
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NewsUp to 200 jobs secured by Liberty Insurance in Northern Ireland
Last month Liberty Insurance announced it was making 270 redundancies across Ireland
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