Post - 2012-09-27
Davies has lost its place on the claims handling panels of NFU Mutual and Zurich, following reviews by the insurers.
The acquisition of Groupama Insurances by Ageas UK should "end uncertainty" among brokers over Groupama's financial strength and creditworthiness in the UK, but will have little impact on the 'negative' rating outlooks of either parent company, analysts…
The Association of British Insurers' hopes of ensuring that the forthcoming 10% rise in general damages is tightly synchronised with the withdrawal of the recoverability of success fees and after-the-event premiums hang in the balance.
Anyone who thought the costs war was close to being exhausted after more than a decade of ferocious wrangling over the fine print might have been disappointed to witness Tuesday’s posturing in the Court of Appeal.