Insurer
Law firm demands Axa and Aviva declare motor profits
Thompsons Solicitors is demanding Axa and Aviva reveal their UK motor insurance sales trading figures saying the insurers are in breach of International Financial Reporting Standards until they do so.
Mesothelioma Bill handed Royal Assent ahead of schedule
The Mesothelioma Bill is now an Act of Parliament after being granted royal assent.
Ageas unveils broker advertising campaign
Ageas has pulled back the curtains on a new advertising campaign aiming to showcase its bolstered product range after the integration of Groupama.
Airmic welcomes commercial insurance law changes
Proposed changes to the law governing commercial insurance will give risk manages greater confidence in the products offered by the London Market, according to Airmic chief executive John Hurrell.
Blog: Insurers care and so do the buyers of insurance…
Floods swept across the nation earlier in the year, causing problems for thousands of stranded home owners and driving insurance companies into top gear.
DLG to launch legal services from March
Direct Line Group has been granted regulatory approval to launch a new legal services division as an alternative business structure.
ALC Health appoints Godbold as MD
Private medical insurance provider ALC Health has appointed Stephen Godbold as managing director.
Europe: Weathering the storm
Europe got a battering from natural catastrophes in 2013, resulting in the region clocking up the most loss events for the year across the globe.
Ace names Axa’s Brionne as Iberia president
Ace has recruited Axa’s property-casualty programme director for northern, central and eastern Europe to lead its own operations in Iberia.
LV Broker recruits DLG underwriting manager
LV Broker has swooped for a Direct Line Group portfolio underwriting boss to serve as its new technical underwriting manager.
RSA UK & Europe finance boss heads to energy sector
RSA’s UK and Western Europe finance director is to leave the insurance industry, moving to a Wiltshire-based energy company.
R&Q promotes Morris to US captive CEO
R&Q has named Rod Morris as chief executive of its US captive operation, Quest USA.
Towergate strikes five-year motor claims deal with BGL
BGL Group has agreed a new five-year agreement with Towergate to manage motor claims for the 200 000 customers of the consolidator’s broker distribution network.
Allianz and DAC Beachcroft launch motor safety paper for fleet drivers
Allianz Commercial has teamed up with law firm DAC Beachcroft to launch a white paper aimed at raising awareness of motoring offences and their penalties among fleet managers and business drivers.
Rural plants seeds of expansion with second Farm Web swoop
Rural Insurance has expanded its regional development underwriter team with the appointment of Sarah Robinson from NIG Farm Web.
Government U-turn on mesothelioma exemption roundly condemned
A government U-turn that will result in mesothelioma sufferers no longer being able to pocket the total amount of a claim has been slammed by opposition MPs and claimant lawyers.
Argenta’s Paul Hunt to step back from exec roles
Argenta Syndicate Management executive director and underwriting director Paul Hunt is to step back from his executive roles within the group over the next two months.
Private sector contributes 25% of flood defence partnership funding
Private sector funding has generated £37m for flood defences according to a report from the Guardian.
Markel promotes two on property treaty team
Markel International has promoted Nick Hillman and Nick James to senior underwriters on the property treaty account in its specialty division.
Ace recruits from Sportscover for UK & Ireland environment underwriter
Ace has recruited a former sports and leisure underwriter to bolster its environmental risk division.
Axa Ireland handed Moody's upgrade
Axa’s Irish general insurance operation has been upgraded by Moody’s to an Insurer Financial Strength Rating of A2, with a stable outlook.
AIG bailout lawsuit dismissal upheld
A US court has upheld a verdict dismissing a lawsuit from Maurice “Hank” Greenberg challenging the Federal Reserve Bank of New York bail out of AIG in 2008.
Video: Audatex director insists insurers should accept 80% of subrogated motor claims
Insurers should automatically accept at least four in five of subrogated motor claims.