Broker
Editor's comment: End of the composite nigh?
What a difference a few years makes, as major events this week underline a stark reversal in the fortune of the UK's two biggest insurance beasts.
RTA Portal extension: Delivering swift justice
The extension of the road traffic accident claims portal has met with mixed reactions, with concerns over the practicalities involved and how it will affect the personal injury market.
Broker fears truth in Aviva GI and life sale rumour
Brokers are worried that Aviva could be planning to split into general insurance and life, and sold off.
Post magazine - 10 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Crawford & Company posts 50% net income drop in Q1 results
Crawford & Company has recorded a 50% reduction in its first quarter net income, which stands at $6.1m (£3.8m) compared to $12.1m (£7.5m) for the same period last year.
Ousted Aviva boss Moss set to pocket £1.75m in remuneration
Aviva has this afternoon revealed that Andrew Moss will walk away with up to £1.75m after stepping down from his role as group chief executive.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
Sign up to live webinar - Commercial property: Managing natural disaster risk
Globally, 2011 was a record year for natural catastrophe losses, and flood risk remains high on the agenda.
Biba launches Find a Broker app
The British Insurance Brokers’ Association has launched a Find a Biba Broker mobile application for iPhones and iPads to help customers locate Biba members and promote general insurance brokers.
Aviva set to reap rewards of AJG swoop for IDL
Arthur J Gallagher International has today snapped up niche over-50s personal lines specialist Insure 4 Retirement from previous owner Equity. The deal boosts the premium per year being put through subsidiary OIM Underwriting by well over £100m in a…
Tysers and Aquila group sees profits soar
The parent company of Lloyd's broker Tysers and underwriting agency Aquila - Hawkes Bay Holdings - has announced revenues up 6% to £37.6m (2010: £35.5m) and a pre-tax profit that almost doubled to £5.18m (2010: £2.67m).
Miller hires Asian reinsurance specialist
UK broker Miller has enhanced its North Asia reinsurance broking capabilities with the appointment of Gao Zu Biao, who will be based in its Hong Kong office.
Jelf reports growth in insurance business
Broker Jelf has reported almost static half year revenues of £35.2m (2011: £35.0m) but said revenues in the insurance business were up 4% to £23.3m (2011: £22.3m) and new business insurance sales were up by 14%.
Insurance the micro way
Much of the world's population has now moved out of extreme poverty and into the lower middle class. Francesca Nyman examines whether there is a market for micro-insurance in this demographic.
RSA CEO Lee says Aviva-type deal would be "inherently risky"
RSA’s new CEO has insisted that it would shun major transformational deals because of the risk involved, while also insisting that it tends to walk away from bidding wars as these inflate acquisition prices.
Geddes eyes imminent job function separation as RBS divestment gathers momentum
Direct Line Group chief executive Paul Geddes remains confident that group separation will be achieved on schedule after announcing that job functions at the business will be operating on a standalone basis by the summer.
Yutree boss Leigh Smart warns broker commission is the 'next misselling scandal'
Leigh Smart, the former Davis Group boss who sold his business to Bluefin in 2007, has warned that brokers' undisclosed commission and fee income could be the next big misselling scandal.
RSA ties-up £375m worth of Gallagher subsidiary OIM deals
RSA has this morning confirmed the completion of two new five-year household deals and a commercial combined deal with Gallagher subsidiary OIM Underwriting.
DLG records steady Q1 improvement as separation 'progresses well'
Direct Line Group has increased its Q1 operating profit by 25% on the same period last year to £84m, thanks to prior year reserve releases and higher investment income.
Aviva shareholder rebellion ranks alongside RBS as 54% say 'no'
Over half of Aviva's shareholders have voted against the remuneration of its top executives.
Adverse April conditions wreak havoc across the globe
Severe weather conditions across central and southern sections of the US last month have caused upwards of $1bn (£620m) in insured losses, according to Aon Benfield's Global Catastrophe Recap report.
Compare the Market makes double addition to car insurance panel
Compare the Market has announced the addition of Sabre-underwritten Insure2drive and Good Girl to its car insurance panel.
Bennetts revs-up marketing campaign with new 'biker babes' line-up
Motorcycle insurance specialist Bennetts has unveiled its 2012 'Babes Squad', which is "back by popular demand" and will be led by Hollyoaks actress Jorgie Porter.
Two non-execs join Miller partnership board
Broker Miller Insurance Services has appointed Clare Thompson, pictured, and Ian Buckley as independent non-executives on the partnership board.