Articles by Chinwe Akomah
Merlin makes 200 redundancies
Merlin Claims is to make 200 people redundant after going into administration this week.
SRA to introduce rating disclosure change
The Solicitors Regulation Authority has agreed to a 'minor change' to the Qualifying Insurer's Agreement whereby insurers will have to disclose their credit ratings.
Integro acquires broker Allan Chapman & James Insurance
Integro Insurance Brokers has acquired Colchester-based Allan Chapman & James Insurance Brokers for an undisclosed sum.
Markel International COR drops to 84% in H1
Markel International has posted a combined operating of 84% for the first six months of 2012, a 46% improvement on the figure of 130% in 2011.
Swiss Re posts 91% drop in net income for Q2
Swiss Re's net income attributable to common shareholders fell by $877m to $83m (2011: $960m) in the second quarter of 2012 owing to a $1bn loss from the sale of the US business Admin Re.
Charles Taylor buys majority stake in Saudi Arabian loss adjuster
Charles Taylor has acquired a majority stake in the Noble Inspection and Loss Adjustment Company in a bid to develop its Middle East footprint.
Merlin Claims goes into administration
Merlin Claims has gone into administration today just two months after denying that it was in trouble.
Wunelli launches driving simulator app
Telematics insurance business Wunelli has launched a smartphone safe driving simulator app which allows young motorists to test their driving skills and determine whether they can save on car insurance.
LAS signs storm claims deal with Lloyds Bank
LAS Claims Management's specialist surveying division, Waylett & Co, has secured a deal validating storm-related roof claims for Lloyds Banking Group customers.
Typhoon Haikui to cause millions of pounds of insured losses
A typhoon that is sweeping its way through eastern China could cause up to £100m insured losses.
China suffers $8bn economic losses from July floods
Aon Benfield has estimated that the floods in China during July caused economic losses of $8.3bn.
Motaquote boss Lombard quits as staff face possible redundancies
Motaquote boss Nigel Lombard, pictured, has stepped down as the broker prepares for a strategic review of the business.
Aon Benfield director appointed CEO of Willis' Chilean operation
Global broker Willis has appointed Alejandro Vaccaro as chief executive of the company's Chilean facultative reinsurance division.
Zurich and Weightmans tackle string of fraudulent personal injury claims
Global insurer Zurich and national law firm Weightmans have teamed up to crack down on the fraudulent claims public authorities have faced in recent months.
Equinox hires new senior credit analyst
Lloyd's cover holder Equinox Global has appointed Michelle Barnes, pictured, to the post of senior credit analyst.
AJ Gallagher buys retail broker Blenheim Park
Arthur J Gallagher International has acquired specialist home insurance broker Blenheim Park.
L&G confirms pet and travel insurance offerings
Major household insurer Legal & General has confirmed it will launch pet, travel and mid-net worth insurance products before the end of the year.
Lockton opens Brighton office
Lockton has opened a new office in Brighton to service clients throughout the south east.
Kiln sells South African operation to One Financial Investment Holdings
Specialist insurance and reinsurance underwriting group Kiln has agreed to sell Kiln South Africa to One Financial Investment Holdings for an undisclosed sum.
Temp Cover eyes £24m turnover target
Short-term insurance broker Temp Cover has hired three associate directors who will play a key role in helping the business double its £12m income in the next three years.
Ex-E&Y boss appointed LV audit committee chairman
Former Ernst & Young senior partner James Dean, pictured, has replaced Ian Reynolds as LV audit committee chairman.
Rising liability claims forces Allianz to reduce exposure
Allianz Insurance has linked an increasing number of unemployed people making large liability claims to a decision to cut its exposure in the liability market.
Co-op and Hastings sign up to telematics aggregator Compare The Box
Co-operative Insurance, Hastings Direct and Swinton are set to go live with telematics offerings on Go Compare and Wunelli's joint aggregator offering, Compare the Box.
Allianz suffers £23m weather claims loss but retail and commercial GWP grow
Allianz UK has posted bad weather claims costs of £23m for the first six months of 2012.