News
Law report: Ruling continues the evolution of motorcyclist accident liability
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Pupil’s appeal on school hall slip-up proves a damp squib
This law report was contributed by national law firm Berrymans Lace Mawer.
Ecclesiastical achieves 96% combined operating ratio
Specialist insurer Ecclesiastical has reported a UK and Ireland combined operating ratio in underwriting of 96%.
CBG shareholders approve sale
At a CBG general meeting shareholders approved the recommended cash offer by Giles Insurance Brokers.
Lockton opens first office in Nordic region
The opening of the Norway office represents Lockton's first footsteps into the Nordic region, and with further international expansion planned for the future.
Ecclesiastical hit with £419m catastrophe costs
Specialist insurer Ecclesiastical has managed to make a pre-tax profit of £15.6m despite a £7.6m loss in the first half of the year and catastrophe claims costs of £419m.
Aviva to launch new online brand 'Quote me happy'
Aviva has today announced that it will be launching a new car insurance brand catering for the growing number of customers who prefer to shop on price comparison sites.
Admiral unveils plans to expand US business
Admiral has defended its £90.7m net ancillary income claiming referral fees played a minor part in profit and have branded personal injury lawyers’ as the “root cause” of the problem.
Ex-Swiftcover CEO Blowers back with new online start-up - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major…
Young Marmalade uses telematics to cut cost of car insurance
Young Marmalade bosses claim to have slashed insurance premiums for young drivers by 17% after introducing in-car ‘black box’ technology.
Aviva launches new online brand Quote Me Happy
Aviva today introduced a brand for internet shoppers who prefer to shop on price comparison sites and manage their insurance online.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
Ageas states commitment to commercial lines
Speaking following the release of its half year results for 2011, which saw the insurer report a profit of £23.7m, Barry Smith, chief executive of Ageas UK, told Post that whilst the growth in commercial is “encouraging” there is still a lot more to do.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
Magnitude 5.8 earthquake strikes Virginia
According to catastrophe modeling firm AIR Worldwide, the largest earthquake to strike Virginia in more than a century rattled buildings in downtown Richmond and caused evacuations across the east coast.
Post Office names head of insurance
Post Office Financial Services has confirmed the appointment of Rob Clarkson as its new insurance director.
Ace makes double environmental appointment
Ace has appointed Robert Wade and Hayley Dixon as underwriters in its environmental liability team.
Admiral shares fall 7.5% in early trades
Admiral shares was the biggest loser on Britain's benchmark FTSE 100 index in the first two hours or trading this morning.
Towergate makes corporate department addition in Perth
Towergate Insurance has today unveiled the appointment of Scott Brown, who moves to the firm from Giles Insurance Brokers.
Ageas UK reports £23.7m H1 insurance profit
Ageas UK has reported total income up 84.5% to £882.0m for the first six months of 2011 compared to same period 2010.
Admiral sees 38% jump in ancillary profit as it records £160.6m PBT at H1
Admiral has recorded a profit before tax at £160.6 million for the first six months of 2011, 27% ahead of H1 2010, while turnover rose 53% to £1.1bn.
Ex-Aviva CEO Snowball extends Suncorp contract until 2015
Suncorp Group Limited today announced chief executive Patrick Snowball would move from a fixed term employment contract to a rolling contract.
US insurers lost $27bn on H1 catastrophes
AM Best estimates US insurers’ pre-tax catastrophe-related losses in the first half of 2011, were $27bn, up $15.1bn, or 127%, from $11.9bn reported during the same period a year ago.
Cunningham Lindsey adjusters return from N Z to handle riots
A five-strong team of Cunningham Lindsey UK loss adjusters have returned from New Zealand following a two month “tour of duty”.