All Online only articles – Page 173
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Survey reveals a promising future
The vast majority of brokers expect schemes to become a more important part of the general insurance market, according to a recent survey
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'There is one final frontier for insurers to attack: consolidators and commissions'
As our investigation this week reveals, many major insurers’ commercial books are running at a loss. So how can they claw back a profit?
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Investigation: Commercial lines feel the squeeze
Heavy competition, combined with the recession, is putting increased pressure on commercial lines, as shown by Insurance Times’s investigation into the FSA returns of six prominent UK insurers
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Lambros Lambrou and Jim Herbert, Aon
We talk to the chief executives of Aon’s Global Broking Centre and Risk Solutions UK to find out what their strategy is
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Barbon takes a £2.5m hit following HomeLet blunder
Overhaul of procedures follows FSA inquiry into broker’s sale of home insurance
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Equity Red Star sale moves a step closer
Industry sources tip sale to involve run-off specialist, but Australian owners would prefer trade buyer or MBO
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NIG spin-off looms if private equity wins fight for Direct Line
Broker-only commercial insurer expected to be early sale in the event of any takeover
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Flooding: MPs deny claims householders face levy hike
Few details given in latest announcement on Statement of Principles replacement
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Iran sanctions push UIB into the red
Broker made after-tax loss of almost £600k, compared with 2010 profit of over £500k
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Blanc looks to build AXA’s ties with regional brokers
Personal and commercial lines broker arm to merge under Amanda Blanc’s control
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Insurers’ wait for Solvency II continues
Parliament will not vote on the final Solvency II text until after the summer recess
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Lloyd’s technology deal opens way to competition
Xchanging retains ‘monopolistic’ position, but members get bigger say in modernisation
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‘I love the countryside, but I’m always afraid I'll tread in something’
Our Insider wonders if Yorkshire-based Moove’s cow themed office could be a step too far
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Barbon counts the cost of HomeLet mistake
The expense of compensating policyholders after breaching FSA guidelines has pushed Barbon from a £7.8m profit to a £500k loss
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Libor scandal could have knock-on for insurers
Experts warn that the Libor rate-fixing scandal could leave insurance firms with losses running into billions of pounds
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Without a trace: ELTO failing to deliver
Despite running for more than a year, the Employer’s Liability Tracing Office is struggling to gather the required data from insurers
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IAG moving closer to Equity sale
Australian insurer IAG is in talks to offload its troubled UK operation, but Equity Red Star is not the only proposition out there for hungry buyers