All articles by Newsdesk – Page 94
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News
RSA sets new cost-cutting target as it returns to profit
Insurer now aiming for more than £250m of annual cost savings by 2017
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News
Paul Evans: AXA UK no longer in turnaround mode
Company now planning for 2020 as commercial and direct motor achieve profitable growth
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News
Broker fined £175,000 by information watchdog after cyber criminals raid customer records
Top 50 broker Staysure slammed by Information Commissioner’s Office for ‘unbelievable’ security failures
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Breaking News
Covéa acquisition of Sterling approved by PRA
Combined UK GWP of the companies is about £600m
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News
Brit promotes Matthew Wilson to group deputy chief executive
Wilson will work closely with group chief exec Mark Cloutier
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News
AXA UK achieves fourth consecutive year of double digit profit growth
Combined operating ratio for the full year 2014 improved by 1.8 percentage points to 97.1%
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News
Brit 2014 profit jumps 40% despite 4.1 point COR deterioration
Lloyd’s insurer enjoyed 38.4% boost in investment income
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News
Davies plans more acquisitions this year after Ireland purchase
Company will also focus on organic growth and hires to expand, said chief executive Dan Saulter
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News
Aviva asset management arm fined £17.6m for failing to manage conflicts of interests
Weaknesses led to a £132m compensation payment to eight impacted funds
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News
Beazley boss among highest paid chief exec at Lloyd's
Andrew Horton was paid nearly £3.6m in 2014 despite falling profits
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Online only
Motor insurers slammed for £1.3bn auto-renewal ‘tricks’
Moneysupermarket publishes eight-point plan for insurers to adopt for improved transparency
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News
Council insurers accused of suppressing child sex abuse facts
Municipal Mutual denies that it acted to the detriment of pupils at Hereford and Worcester
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Agenda
AXA offers €30,000 for university students and graduates
More than 20,000 students have applied to win the ‘ultimate gap year’ via the insurer’s Great Global Adventure online game
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News
Grahame Chilton to conduct 90-day review of Gallagher International
New chief executive plays down departures and challenges of his role
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News
Insurance non-execs with specific roles in scope of PRA accountability regime
Regime will not apply to non-executive directors who do not perform delegated responsibilities
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Agenda
Novae appoints new syndicates chief executive
Lloyd’s insurer announces raft of new appointments
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News
Towergate confirms hire of Gallagher’s Janice Deakin and Adrian Brown
Two Gallagher big-hitters will join Towergate’s executive team
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News
LV= victorious in fundamental dishonesty whiplash case
Michael Figg made his claim for compensation 18 months after the accident
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News
Brit suitor Fairfax increases size of bond issue
Proceeds from $350m transaction will help pay for Brit acquisition