Articles by Chinwe Akomah
DLG publishes IPO prospectus
Direct Line Group published its prospectus this afternoon for an initial public offering.
Law firms hail OFT for looking at bigger picture beyond whiplash
Lawyers have continued to highlight their support for the Office of Fair Trading's decision to refer the motor insurance industry to the Competition Commission.
OFT probe "will open a can of worms", says law firm
A law firm has suggested that the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission could leave the policyholder worse off.
Helphire losses fall 83% as company knocks £23m off net debt
Helphire has posted a statutory loss before tax of £6.3m for the full year ending 30 June 2012, an 83% improvement on the £34.1m loss reported for the same period last year.
CC investigation should "strip out excessive costs", says Aviva claims boss
Aviva has welcomed the Office of Fair Trading's decision to refer the private motor insurance market to the Competition Commission.
Zurich hands commercial claims role to MYI
Loss adjuster MYI has landed a share of Zurich's commercial claims work, a contract that was previously handled solely by rival Cunningham Lindsey.
ABI backs Competition Commission credit hire investigation
The Association of British Insurers has thrown its support behind the Office of Fair Trading's decision to refer the motor market to the Competition Commission.
Competition investigation outcome could 'mean policyholders lose out', says CHO boss
The Credit Hire Organisation has said that the Competition Commission investigation into the UK motor insurance market could seriously disadvantage policyholders' access to justice and force premiums to rise.
OFT refers 'dysfunctional' motor market to Competition Commission
The OFT has referred the UK's private motor insurance market to the Competition Commission for further investigation amid concerns that the market is not working well for motorists.
Lemma Insurance to be appointed with liquidator tomorrow
Gibraltar-based Lemma Insurance Company is expected to be appointed with a provisional liquidator tomorrow to wind up the business.
Kiln names new chief operating officer
International specialist insurance and reinsurance underwriting group Kiln has appointed Denise Garland, pictured, as chief operating officer.
Direct Line Group IPO prospectus could be issued by Friday
Royal Bank of Scotland could sell shares in Direct Line Group at a valuation that is lower than analysts had predicted.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Ageas confirms Winlow NED appointments
Ageas UK has confirmed that former KPMG partner Mark Winlow, pictured, has been appointed non-executive director on two of its boards.
Stackhouse to buy commercial broker
Insurance broker Stackhouse Poland has reached an agreement to acquire the business of LFC Insurance Brokers.
Crawford sets up flood claims help centre
Crawford & Company has set up a help centre in Morpeth to assist homeowners with flood claims, as the residents battle storm damage for a second time in four years.
Lloyd's backs IPO access for small companies
Lloyd's of London has welcomed lower barriers to entry to the London Stock Exchange for small companies.
Home insurers to incur £10m flood bill
Panmure Gordon analyst Barrie Cornes has told Post that Aviva and RSA could see insurance losses of £10m to £15m from the latest round of UK flooding.
Lloyd's returns to profit with 'strongest' half-year result in five years
Lloyd's of London is back in the black after posting a profit of £1.53bn during the first half of 2012 compared with a loss of £697m in the same period last year.
CNA names vice president for Europe
CNA Insurance has appointed Monique van der Linden, pictured, as head of claims and vice president for Europe.
Dual adds Liberty and Barbican to capacity provider list
Liberty and Barbican are to join Arch, Hiscox and Mitsui Sumitomo Insurance as capacity providers for Dual International's global financial lines portfolio from 1 October 2012.
Crawford receiving flood claims after weekend rain
Crawford & Company has started to receive flood and storm claims from the weekend's wet weather.
Bluefin launches schemes and affinities division
Bluefin Insurance Group has unveiled Bluefin Solutions, a division focusing on the development and distribution of new and existing schemes and affinities.
AGCS names new EMEA aviation head
Allianz Global Corporate & Specialty has promoted Henning Haagen to global head of aviation Europe, Middle East, Africa and Asia Pacific with effect from 1 January 2013.