All articles by Newsdesk – Page 11
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News
RSA to focus on underwriting rather than price increases
Stephen Hester says since Zurich ended discussions to buy RSA the insurer has not received any other approaches
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News
AXA UK puts storm bill at £80m as it reports improved profit and COR
97.1% COR bolstered by £39m of reserve releases
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RSA UK underwriting profit rises threefold despite £134m storm claims bill
COR improves to 99.5% but personal motor came in at 107.8%
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MGAA elects two new directors as founders leave board
New chairman to be elected on 14 March as Reg Brown retires
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Giles/McManus consolidator PIB acquires £6m turnover broker
Acquisition of Cooke & Mason follows the purchase of broker Fish Insurance earlier this month
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QBE’s Pryce: Soft market driving brokers’ push for higher commissions
Brexit could prompt QBE restructure, European Operations head says
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Brightside hires Zurich UK’s Suzie Noble as chief people officer
Noble replaces departed Kate Banks
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Bluefin hires Towergate care MD and forms specialty unit
Keith Longthorne joins rival broker as interim head of health and care
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FOS general insurance complaints up 5% in second half
Upheld rate for general insurers improves to 35%
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Swiss Re chief executive Michel Liès to retire on 1 July
Reinsurance head Christian Mumenthaler to take over
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Pool Re takes first steps to start covering cyber – report
Government-backed terror reinsurer looking to broaden remit
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Agenda
Insurance Times and Ingenin launch innovation survey
The survey will uncover the industry’s attitude and approach to innovation. Take part here
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News
Man faces jail for committing fraud to pay mother’s car premium
Anthony Jones-Hughes gets 20-week sentence following IFED investigation
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Swinton hires Gallagher’s Tony Monnington as commercial head
Monnington previously headed Gallagher’s Birmingham office
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‘Crash for cash’ trio sentenced after trying to defraud Esure of £10k
Fourth person remains wanted in connection with fraud
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Hiscox launches e-trading system for UK commercial brokers
Lloyd’s insurer teams up with software Open GI for new solution
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Online only
Marsh introduces new charge to Australian insurers
Clients could face premium hike as insurers look for ways to recover additional costs
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Agenda
Towergate appoints Pat Butler as non-executive director
Butler has more than 26 years experience in the financial services sector
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Agenda
ABI chief Evans says EU is ‘valuable’ to financial sector
Evans discusses reforms ahead of the in/out referendum that will take place in late June.
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News
Aviva adds construction to Premier proposition
Product offers dedicated risk management and claims service