All Online only articles – Page 245
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Online onlyBermuda told SII equivalence needs more work
The insurance regimes in Japan and Switzerland meet the criteria for equivalence with the Solvency II regime but Bermuda has more work to do, the sector’s Euro-regulator has ruled. The conclusions are outlined in a new consultation paper issued by the European Insurance and Occupational Pensions Authority (Eiopa). Companies domiciled ...
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Online onlyCo-op rewards safe young drivers with discounts
The Co-operative is paying out discounts of more than £100 to nearly 90% of its young driver customers, who have agreed to have telematics technology installed in their cars. Under the Co-operative’s Young Driver Insurance product, which was launched in March, drivers between the ages of 17 and 25 have ...
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Online onlyAlterra unveils excess liability facility
Alterra has announced the opening of a new facility to underwrite excess liability insurance from its recently licensed UK branch in London. Alterra Capital Holdings president and chief executive officer W. Marston (Marty) Becker said: “The addition of an excess liability facility to Alterra Europe’s new London operation reflects Alterra’s ...
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Online onlyArron Banks, Brightside
In his own words ‘pushy, controversial and outspoken’, the Brightside chief exec left the corporate world because he thought he could do better. The broker’s impressive growth suggests he was right
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Online onlyDaily briefing: Monday - IAG rumours are just that
Equity Red Star seems safe for now at least. Although with parent company IAG unafraid to axe businesses at a loss, that's no guarantee
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