Post - 2010-08-19

Rok looks for new FD in wake of £3m loss

Rok has recorded a pre-tax loss of £3m for the first half of 2010, following the suspension of its finance director for failings in the control of its plumbing, heating and electrical business.

Acromas claims anti-PE bias amid reported loss

Acromas Holdings, the parent group of insurance providers AA and Saga, has claimed "scaremongering" against private equity houses has seen the ongoing performance of the business masked by a £529m overall loss, caused by interest repayments.

RSA spotlight - Bob Mendelsohn: Whatever happened to Bob?

Having promised RSA that he would make it his mission to track down its former CEO Bob Mendelsohn to mark the firm's 300th anniversary, Jonathan Swift's job was made somewhat easier than anticipated when he resurfaced at US insurer Navigators last week…

Editor's comment: Cat among the pigeons

News of RSA's bid for the UK, Irish and Canadian general insurance businesses of Aviva has certainly thrown the cat among the pigeons. Over the weekend there was considerable speculation about who had leaked the story and the motive for doing so. Was…

Health insurance - IPT rise: A bitter pill

With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.

Career development: Ask the expert

"I applied for a role on a whim two weeks ago - now I've been offered the job. It's all happened so fast and the company wants me to resign before my line manager goes on holiday. I feel quite guilty about this and really need more time to consider…

Penny Black's insurance week

One of Penny's colleagues met up with new Garwyn CEO Stewart McCulloch this week, and by all accounts he seems to be warming quite nicely to his new role in the claims space.