All articles by Newsdesk – Page 38
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Ryan Specialty pushes into cyber with CFC underwriter hire
Jamie Bouloux joins broking and MGA group
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Telematics evidence helps win hit-and-run case
Driver pleads guilty after data show he was driving at the time of the offence
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Barbon replaces two departed directors with commercial head
Andy Glynne joins rental property broker from Cigna UK
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BP Marsh’s profit doubles in first half
But chairman Brian Marsh bemoans stock market valuation
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XL hit with £84m catastrophe claims bill
Insurer to pay out for China port explosion and Chilean earthquake
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Hastings and Advantage get two-notch upgrade from Moody’s
Ratings boost triggered by last week’s IPO
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NIG launches new cyber product
Policy covers cyber crime, cyber liability and data breach expense
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Lloyd’s investors' association hires new chief executive
Chandon Bleackley to replace Anthony Young as AML head
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Mapfre hires London-based energy underwriter from XL
Andrew Malcolm joins Spanish insurer’s global risks division
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LV= Broker names new personal lines underwriting head
Tim Rourke to replace departing Elspeth Hackett
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Willis promotes internally for UK construction head role
Alex Clayton will start his role from 1 November
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Ageas becomes early adopter of Insurance Act
Changes will apply to any new policies from Ageas Commercial policies started or renewed after 1 October 2015
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Aunt says insurance company pushed her into suing nephew
US jury rejects $127,000 lawsuit against 12-year old for hug-gone-wrong
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IFED launches criminal investigation after Aviva customer data theft
Aviva has also told the FCA and ICO and written to motorists after it discovered an ex- employee had accessed customer details
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Lloyd's chief warns against government's late payment of claims plans
Inga Beale says new rule could open door to speculative and vexatious claims for losses never covered first place
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Charles Taylor sells last of non-life insurance companies in run-off
Sale is part of business strategy to reduce exposure to the ownership of non-life insurance companies in run-off
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Personal motor market returned to loss in 2014 – Towers Watson
Rising claims costs and aggressive price competition push COR to 101.3%
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Ex-QBE Europe motor head replaces DUAL boss Doyle as interim CEO
Shane Doyle is leaving the managing general agency to begin an independent venture
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EY predicts drop in home profitability in 2016 after strong 2015
Market will produce its best COR for 11 years in 2015 but rising costs will hit results
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Lucas Fettes to set up MGA and make small acquisitions
Broker’s operating profit fell 45.6% in year to 31 March 2015 but pre-tax profit grew to £4.2m as result of property sale