All articles by Newsdesk – Page 21
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NewsBrokers praise outgoing Tulloch for role in revamping Aviva
Despite departure brokers are confident that Tulloch will have oversight of Aviva’s UK GI business in global role
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NewsEsure hires Direct Line’s Meader as motor underwriting head
Meader will report to new personal lines underwriting head Elspeth Hackett
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NewsAviva seeks new UKGI chief as Tulloch focuses on global role
Replacement will report to Tulloch
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AgendaCovéa looks to Midlands for growth with new Birmingham branch
The firm, in the process of integrating Sterling in to its brand, says it sees considerable growth in the Midlands
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NewsXchanging urges shareholders to accept CSC offer as deadline looms
CSC needs acceptances from 75% of shareholders by Friday
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NewsABI: UK floods to cost insurers £1.3bn
Average domestic flood claim payout has risen to £50,000, association says
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NewsPrincipal buys Simply Insurance bike book
Simply book will add 500 more bike policies to 5,000 secured through Principal’s recent purchase of iGO4’s BikeTeam
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News‘Bomb scare’ at Munich Re underwriting agency linked to insurance claim
A man has ben arrested by armed police after a four-hour siege at marine underwriting agent Groves, John & Westrup
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NewsAXA makes 33 redundant in UK as 35 finance roles move to India
The move was made following a review of AXA’s back office finance operations
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NewsFloods to push industry’s home COR to 108% – Deloitte
Accounting firm predicts first home underwriting loss since 2007
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NewsAston Scott makes first acquisition of 2016
Essex-based First Commercial Insurance Brokers specialises in renovation projects, commercial and private client insurance
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NewsTwo Gibraltar insurers close doors to new business
Derwent and Preserve both wrote business solely in UK
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NewsSolvency II is changing reinsurance buying – Guy Carpenter
Reinsurance broker detected a shift to proportional reinsurance at 1 January
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NewsHigh Court approves Sterling integration into Covéa
With written premiums approaching £600 million, the combined business employs almost 1,400 people
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NewsAviva successfully defends ‘bogus’ whiplash claims worth £250,000
46 party-goers in bus made claims despite seeking no medical help and continuing to party after collision
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NewsLaw firm Parabis pays £7m to insurers to settle ABS debts
DLG will also become sole owner of its ABS while RSA will enter into joint venture with Carpenters
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NewsUK storms will significantly weaken 2015 household insurer earnings – Fitch
Ratings agency also warns that failure to keep up flood defence spending could lead to higher-than-expected claims for the UK’s Flood Re scheme
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NewsFSCS refunds premiums owed to 2,600 customers of failed insurer ERIC
FSCS says it is working with ERIC to determine the payment details of the remaining policyholders
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NewsMan found guilty in £120,000 ‘crash for cash’ con
Rajesh Kurmi is part of a gang of eight due to be sentenced in March
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