All articles by Newsdesk – Page 99
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NewsBeazley profits hit by lower reserve releases
GWP improves but COR and pre-tax profits take a hit at the Lloyd’s insurer
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Online onlyC&C lands new operations director
Paula Williams chosen for her ‘invaluable experience’ and industry knowledge
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NewsTowergate junior bondholders ‘unlikely to make meaningful recovery’
Moody’s downgrades broker’s unsecured debt to C
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NewsGallagher broking profit rises 29% but organic growth slips
Broker warns that 2014 organic growth levels may not be repeatable
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NewsLloyds Bank raises PPI mis-selling compensation pot to £12bn
Lloyds is to detail the extra charges when it reports 2014 results on 27 February
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NewsGallagher hires aviation head from Tysers
Mark Walters chosen for his depth of knowledge and strong insurer relationships
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NewsCanadian insurer Fairfax to buy QBE's Ukrainian insurance arm
Acquisition follows purchase of QBE’s Czech Republic, Hungarian and Slovakian businesses two months ago
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NewsLloyd's broker doubles GWP to £70m with acquisition
Clegg Gifford’s acquisition of broker Westminster leaves former owner Tradex as insurer only
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NewsAgeas Insurance Solutions’ Mike Stanley to leave in March
Departure of change and development director follows review of partnerships leadership team
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Online onlyQuindell sale negotiations ‘on-going’
Outsourcer is in talks with Australian law firm about the disposal of its legal services division
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Online onlyXL reports record COR for 2014
Combined operating ratio (COR) improves by 4.3 percentage point as lack of catastrophes drives down loss ratio
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Online onlyAllianz mechanic rescues toddler from burning house
Rob Day carried two-year-old to safety after being alerted to the fire while repairing a car for the insurer
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NewsLV= 2014 GWP shrinks as motor income drops by 10%
But total in-force policies grow by 4% to £4.6m in ‘challenging year’
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NewsNovae hires new casualty boss from Aspen
Rober Patten will also join the insurer’s executive committee
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NewsRSA makes internal promotion in global specialty business
Steve Slingsby will take on the role of operations and change director
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NewsMotor premiums fall by 4% in 2014 - ABI
But in last quarter of 2014 the average premium was up 1% when compared to same period in 2013
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NewsIFED confirms Angie Rogers as Dave Wood's successor for unit head
Wood had been head of the unit for three years
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Online onlyAllianz selected as Verex motor insurance partner
Insurer will provide claims and underwriting services for vehicle manufacturers and dealers
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Online onlyAgeas to review motor wording after Jesus car sticker row
Insurer argued religious car stickers are modifications that need to be declared
