Chinwe Akomah
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Articles by Chinwe Akomah
Novae posts 6% jump in GWP
Novae has reported a gross written premium of £231.1m in its Q1 results representing a 5.7% increase on last year (2010: £219.7m).
'Sluggish' growth predicted for next three years
Insurance premiums will not recover until after 2015, growing just 0.9% this year, Ernst & Young has predicted.
Claims from 'freak' tornadoes flood in
Two freak tornadoes caused damage to parts of Essex and Warwickshire yesterday.
CII launches employee framework
The Chartered Insurance Institute has launched an Insurance Competency Framework enabling businesses and individuals to determine the competencies individuals need to effectively fulfil their job roles.
Hardy shareholders say yes to CNA deal
Hardy shareholders have approved the £143m sale of the Lloyd's insurer to CNA.
ABI seeks 'radical' action to tackle whiplash epidemic
The Association of British Insurers has called for an end to people claiming compensation for whiplash injuries unless there is objective evidence of injury.
Debevoise & Plimpton advise Omega on Canopius deal
Law firm Debevoise & Plimpton is advising Omega on Canopius acquiring the business.
Hodges hints Towergate readying to float
Towergate has said that, if its "positive" operating earnings continue to grow, it will hold the company in good stead if it decides to float the business.
Zurich scraps 393 jobs moving PL to Endsleigh
Zurich will axe more than 300 jobs by 2014 in a bid to transform its personal lines business.
Bankrupt broker boss faces jail
The owner of a liquidated insurance company sold "worthless" cover to customers and failed to pay Templeton Insurance £2.3m for underwriting its policies.
L&G's solus adjuster Merlin to lose claims work in pilot
Legal & General has admitted that incumbent loss adjuster Merlin could see its contracted workload shrink when the six-month claim handling pilot kicks off next Tuesday.
Cunningham Lindsey signs three-year claims handling deal with Equity
Cunningham Lindsey has teamed up with Equity Red Star's home insurance division to provide the insurer with claims handling services.
QBE claims boss McBride joins Ace in New York
QBE European operations claims director Andrew McBride has left the insurer for a group claims job with Ace in New York.
Towergate picks up three more brokers
Towergate Insurance has acquired Gill Knott Insurance, Lloyd Manley Associates and the general insurance arm of Airevalley Insurance Services.
Axa Commercial promotes Osborne to Leeds boss
Axa Commercial Lines has appointed Karen Osborne to manage its Leeds branch.
Ace promotes four as Pryce joins QBE
Ace executive vice president for financial lines overseas David Robinson has replaced Richard Pryce as UK and Ireland regional president for the retail insurance operations.
Direct Line and Helphire to resume fight over Autofocus evidence
Direct Line and Helphire are due back in court in June a month after the insurer objected to the credit hirer accessing information on Autofocus.
Ex-Ace president Pryce joins QBE Europe top team
QBE has appointed former Ace UK president Richard Pryce as deputy chief executive officer of its European Operations.
RSA NI bosses face leadership restructure
RSA Northern Ireland is likely to undergo a management reshuffle in the near future, Post has learnt.
CPS to decide on Autofocus fraud charges next month
The Crown Prosecution Service is to decide next month whether it will bring a fraud case against the seven former Autofocus employees who Accident Exchange will apply to commit to prison for contempt of court.
Marr heads First Central fraud team
Former Insurance Fraud Bureau director Glen Marr is to head a new 29-strong cross-business counter-fraud team for insurer First Central.
Insurers criticised for using undefined term to reject drain claims
Drainage insurance expert Drain Claim has called on home insurers to explain the term 'serviceable' used to reject claims.
Catlin to open Beijing office
International speciality property and casualty insurer and reinsurer Catlin has been granted approval by the China Insurance Regulatory Commission to open and operate a wholly owned representative office in Beijing.
RSA merges Belfast and Europa General in £5m NI investment
RSA is to merge its existing Belfast and Europa General operations as part of a £5m investment in a new business model for the Northern Ireland market.