Articles by Mark Sands
Axa concedes ahead of third Autofocus retrial
Axa has reached a settlement with credit hire firm Accident Exchange on a retrial on credit hire rates just hours before it was due to appear in court in Manchester.
Chaucer swoops for Travelers marine specialist
Lloyd’s specialist insurer Chaucer has recruited Travelers’ senior UK marine underwriter.
Groupama sells Soc Gen stake
Groupama has sold its remaining 1.86% stake in Societe General for €517.8m (£445.2m).
Bluefin names former Biba boss Galbraith as non-exec
Axa-owned broker Bluefin has recruited the former chief executive of the British Insurance Brokers’ Association as a non-executive director.
Fraudsters should dodge jail says Howard League
The UK’s oldest penal reform charity has today claimed that prison should be reserved for the most serious crimes, with property offences such as theft and burglary excluded.
Ecclesiastical awarded chartered insurer status
Specialist insurer Ecclesiastical has today been handed chartered status for its entire UK operation by the Chartered Insurance Institute.
Endsleigh: 44% of students do not have insurance
Just under half of all UK students do not have an insurance policy covering their possessions according to research from Endsleigh and the National Union of Students.
Limited impact from European Floods sees Kiln raise name syndicate forecasts
Kiln has boosted its return on capital forecasts for Lloyd’s names-backed non-life syndicates following strong performance.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its first half profits for 2013 scythed by more than one-third following a steep drop in its net investment income.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
FCA warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
UK marine mutuals in merger talks
The North of England P&I Association and Sunderland Marine Mutual Insurance have confirmed they are in talks over a possible merger.
LMA to join government maritime security committee
The Lloyd’s Market Association has been invited to join a new government committee monitoring security at UK ports and harbours.
Catlin sees pre-tax profits tumble 37% after investment returns plummet
Catlin has seen its H1 profits scythed by more than a third following a steep drop in its net investment income.
Kiln hikes name syndicate forecasts
Kiln has boosted its return on capital forecasts for Lloyd’s names-backed non-life syndicates following strong performance.
Crawford names Inter Resolve CEO as business performance head
Crawford & Company has recruited Simon Drew, the chief executive of injury claims mediator Inter Resolve, as its new business performance director for Europe, the Middle East, Africa and the Asia Pacific regions.
Aviva preaches 'reallocation' over restructure for 2014
Aviva’s group chief executive has vowed the insurer will seek to retrain and reallocate staff as it seeks to continue making cost savings next year.
Aviva sees “steady progress” in H1 results
Aviva has reported total pre-tax profits of £1bn for the first six months of 2013 up 5% on last year’s figure of £959m, with expenses falling 9%.
AJG recruits construction trio
Arthur J Gallagher has recruited a trio of construction specialists with a collective total of 50 years’ experience for its projects team.
Total Objects recruits business support pair
Software provider Total Objects has added two business support managers to its team to help bolster its business acquisition and maintenance processes.
LV launches new classic car cover
LV has unveiled a new classic car product designed for vehicles over 20 years old.
Bupa sees UK insurance customer numbers drop 2.8%
Bupa has revealed that UK insurance customer numbers and revenues dropped in the first half of 2013.
Lancashire reveals Cathedral deal
Bermudian insurer and reinsurer Lancashire Holdings has confirmed it is in negotiations to acquire Lloyd’s insurer Cathedral Capital for £266m.
Staysure recruits three to leadership roles
Over 50s insurance specialist Staysure has revamped its leadership with the appointment of a new chairman, deputy chief executive and chief technical officer.