Articles by Chinwe Akomah
Analysts praise ECON vote on Solvency II
Industry experts have praised the European Parliament Economic and Monetary Affairs Committee decision to back a series of Solvency II amendments.
CNA to buy Hardy
US commercial property and casualty insurer CNA is to acquire troubled Lloyd's insurer Hardy Underwriting.
Analysts praise ECON vote on Solvency II
Industry experts have praised the European Parliament Economic and Monetary Affairs Committee decision to back a series of Solvency II amendments.
Mondial Assistance to sell cover through travel club
Travel insurer Mondial Assistance UK has secured a new contract with luxury travel club Voyage Privé to administer the sale of single trip travel insurance policies.
Crawford appoints new Broadspire CEO
Crawford & Company has named Danielle Lisenbey as chief executive of Broadspire's medical services effective immediately.
Ace hires three international managers
Ace has made three new leadership appointments in its sales and distribution team as part of a strategy to strengthen local relationships with customers and brokers.
Assured Guaranty faces possible ratings downgrade
Moody's has placed the Aa3 insurance financial strength ratings of Assured Guaranty Municipal, Assured Guaranty Corp and their affiliated insurance operating companies on review for a possible downgrade.
Earthquake hits Oaxaca in Mexico
An earthquake has hit south west Mexico close to the popular holiday destination of Oaxaca.
Ecclesiastical reveals £16m underwriting loss
Ecclesiastical has blamed a pre-tax loss of £7.7m and an underwriting loss of £16.1m on the eurozone and Australasian catastrophes, but plans to increase premiums in Australia.
Cunningham, GAB and LAS ready to impress L&G on panel pilot
Cunningham Lindsey hopes to "impress" Legal & General when it takes part in the insurer's claim handling pilot in May.
Kiln promotes MacMillan to active underwriter
Kiln has appointed Paul MacMillan, pictured, to active underwriter of its aviation division.
L&G invites Cunningham, GAB and LAS to join Merlin in adjusting pilot
GAB Robins, LAS, Cunningham Lindsey and incumbent Merlin are to take part in a claims handling pilot with Legal & General to help the insurer decide which "combination of partners" works best moving forward.
FSA looks into mis-sold pet insurance complaints
The Financial Services Authority is to review the potential mis-selling of pet insurance following complaints from pet owners about Direct Line Group's insurer NIG, Lloyds and Halifax.
Cobra to cut costs in holding company
Retail and wholesale insurance broking group Cobra is to continue to focus on core revenue areas while carrying out a cost reduction programme in relation to its holding company and overhead costs in order to reflect the smaller size of its operating…
Solvency II will not spark relocation, says Fitch
Solvency II is unlikely to lead to a wave of European insurers moving their headquarters out of Europe because of third-country equivalency concerns, Fitch Ratings has said.
L&G to offer travel and pet insurance
Legal & General's general insurance business is to expand into travel and pet this year.
Airmic teams up with Cost Advocates
Airmic has chosen costs law specialists Cost Advocates to provide its members with help reducing legal costs expenditures.
Charles Taylor goes live with MGA service
Charles Taylor Insurance Services has launched a new service enabling independent underwriters to establish their own managing general agents.
Green Insurance pet cover sales grow 166%
The Green Insurance Company's pet cover sales grew by 166% last year, and the company also topped £100 000 in donations to animal charities for the first time.
Policyholders struggle to pay soaring voluntary excesses
Axa has warned drivers against pushing up excess levels in order to reduce premiums as growing numbers struggle to meet payments.
'Debt-free' Coface enjoys turnover boost
Credit management solutions business Coface has reported it was "entirely debt-free" in 2011.
Insurers face £72m Australian flood losses
Insurers are anticipating losses of £72m and at least 5000 claims from the Australian floods, according to Risk Management Solutions.
Direct Line Group reviews loss adjuster panels
Direct Line Group has asked loss adjusters on its current panels to submit new prices for work ahead of the existing contracts expiring in July.
CPS investigates 'fraudulent' Autofocus employees
The Crown Prosecution Service has confirmed it is examining the case of the seven Autofocus staff who allegedly doctored credit hire rate evidence.