All articles by Newsdesk – Page 6
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NewsGlobal disasters cost insurers £26bn in 2015
Level is well below £43bn average despite record number of natural catastrophes, according to Swiss Re data
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NewsSaga to pass 75% of its motor risk to Munich Re subsidiary
Three-year quota share deal will lead to capital reduction at Gibraltar-based Acromas Insurance Company
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NewsAviva boss Mark Wilson’s 2015 pay more than doubled to £5.7m
Insurer’s executive directors to get 3% rises in base salary from April
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NewsRSA criticised for limiting vet choice in pet insurance - report
Insurer’s More Than and Tesco policies limit policyholders to 28 approved vets
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NewsJonathan Davey and Max Carruthers team up for new broker portal
Hughub aims to boost broker loyalty by providing better customer service
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NewsSeventeen Group expands Scottish presence with latest purchase
The broker has acquired Annandale Insurance Brokers
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NewsAllianz sells UK employers’ liability run-off book
Deal is first significant UK employers’ liability acquisition for run-off buyer Catalina
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NewsBerkshire Hathaway backs London MGA’s motor fleet foray
Unicorn MGA set up by US broking group AmWINS
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NewsAIG Europe reports flat 2015 profit in tough market
Insurer cuts back in personal accident amid “challenging conditions”
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NewsPet insurers pay out £657m in claims
The more unusual pet insurance claims included a python who needed treatment for anorexia at a cost of £200
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NewsRSA pays new finance boss Scott Egan £1.6m ‘golden hello’
Payments compensate Egan for bonuses he forfeited on leaving Towergate
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NewsGallagher/Portsoken judge rules on remaining parts of court order
Lawyers were also able to agree over most of the search terms that computer expert will use
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NewsDes O’Connor joins Broker Network as chief commercial officer
Appointment comes as Highbridge buys majority stake of network
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NewsTowergate to sell majority of Broker Network to Highbridge for £46m
Deal part of £65m new funding plan
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NewsTowergate sets aside £19.8m to compensate clients
Company set to compensate clients for financial advice by Towergate Financial unit
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NewsDirect Line’s Geddes and Reizenstein to get 2.5% pay rise
Geddes took home £4.8m and Reizenstein £2.8m in 2015
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NewsPRA deputy tipped for top role
Lyndon Nelson is among a group of candidates who have been interviewed for the role of PRA chief executive - reports
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NewsCMA to launch fresh probe of price comparison sites
The competition regulator wants to find out if problems exist in the sector
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NewsPoor communication is still big driver for motor complaints to FOS
FOS said when insurer fall back on jargon like “misrepresentation” or “fault claim” it can leave people frustrated
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NewsArthur J Gallagher buys insurance management firm
Kane Insurance Management specialises in captive consulting and Insurance-Linked Security
