News
ELTO pushes for 100% coverage
Ace has become the final major insurer to sign up to the employers’ Liability tracing Office.
LMIE aims for slice of mid-corp market
Liberty Mutual insurance Europe is targeting rivals Ace and Chubb for a larger slice of the mid-corporate market - a sector it believes will act as a “springboard” into the wider UK market.
EC plans to standardise tax
The European Council’s proposals to standardise taxes across member states could mean fewer insurance companies look to redomicile to countries such as Ireland.
Aon hires staff after defection
Aon has made of raft of senior hires to its UK professions team, after several members of its previous team defected to rival broker Jardine Lloyd Thompson last year.
New ABI DG to focus on consumer issues
The Association of British Insurers’ new director general has pledged to put consumer issues across general insurance and life & pensions at the centre of the organisation’s strategy.
Admiral not confused over aggregator
Admiral has vowed to retain Confused, despite the aggregator’s profit falling by 54% in the past three years.
Aviva gears up for telematics return as motor rates rise
Aviva has mooted reintroducing telematics technology for private cars during 2011, according to UK chief executive Mark Hodges.
Chaucer profits fall due to cat exposure
Chaucer has attributed its fall in profit and property underwriting loss to its exposure to global catastrophes.
Web design firm buys motor comparison sites
Insurance comparison site The Bike Insurer has been acquired by web design firm Vast Visibility, Post has learnt.
Concern over Google buying BTQ
Google intends to run Beat That Quote as a separate business in the near term, following its £37.7m acquisition of the aggregator.
Aviva takes minority stake in rehabilitation firm HCML
Aviva Health UK has made a “significant” investment to secure a minority shareholding in rehabilitation firm HCML.
Aviva takes minority stake in HCML – Insurance News Now – 9 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories including Aviva Health’s “significant” investment to secure a minority shareholding in rehabilitation firm HCML.
Willis appoints new commercial and networks boss
Willis UK & Ireland, has appointed Brendan McCafferty as managing director of its commercial and network businesses.
Duo joins Hiscox media team
Hiscox's UK technology and media team has appointed Jiveen Lal as senior technology & media underwriter – north, and Matthew Webb as senior technology & media underwriter - south.
SFO and police make arrests in connection with Kaupthing collapse
The Serious Fraud Office, City of London Police, Essex Police and Icelandic investigators have mounted search and arrest operations in London and Reykjavik.
CNA combines French and Italian operations
CNA Europe has formed a combined France & Italy operational region headed by Danilo Saitta.
CNA combines French and Italian operations
CNA Europe has formed a combined France & Italy operational region headed by Danilo Saitta.
Lorega adds to Midlands broker team
Loss recovery insurance specialist Lorega has appointed Tracey Sutton as broker business development manager for the Midlands region.
Kane to leave Lloyds Banking Group
Archie Kane is to retire from his position as Lloyds Banking Group executive director as part of a management restructure.
Turkey advised to adopt SII rules
Aon Benfield has advised Turkish insurers to take part in the European Union’s Solvency II protocol.
Turkey advised to adopt SII rules
Aon Benfield has advised Turkish insurers to take part in the European Union’s Solvency II protocol.
Lords accuse gender ruling of "preventing true equality"
Members of the House of Lords have criticised the European Court of Justice ruling on gender discrimination in insurance policies and annuities.
Lords accuse gender ruling of "preventing true equality"
Members of the House of Lords have criticised the European Court of Justice ruling on gender discrimination in insurance policies and annuities.
Ageas UK reports £16.6m GI loss in 2010, after Q4 weather claims hit
Ageas UK's general insurance made a loss of £16.6m on gross written premium of £925.1m (an increase of 14.9% on 2009) in 2010.