Insurer
LV sees 85% drop in underwriting profit in H1 2016
LV Group has described its H1 2016 GI results as ‘solid’, despite an 85% drop in underwriting profit and a 69% drop in operating profit from the same period last year.
Axa's Bouas-Laurent swaps Germany for Asia
Etienne Bouas-Laurent, former chief financial officer at Axa Germany, has been appointed CEO of life and savings and distribution for Axa Asia.
Video: Dive In - Hugh Hessing, Virginia Clegg and Pauline Miller on the importance of diversity and inclusion
With a week to go until Lloyd's Dive in festival Hugh Hessing of Aviva Ireland, Pauline Miller of Lloyd’s of London, and Virginia Clegg of DAC Beachcroft talk about why diversity in insurance is important.
Brexit: 100 days on and counting
Three months on from the Brexit vote, what are the likely implications for the insurance market in the UK?
QBE hires Teixeira for bancassurance and emerging markets' roles
Australian giant QBE has hired Marcelo Teixeira in a dual role.
AIG sells Ascot stake to Canadian pension firm
Insurance giant AIG has sold its 20% stake in Ascot Underwriting and fully-owned subsidiary Ascot Corporate Name to the Canada Pension Plan Investment Board for $1.1bn (£840m).
XL Catlin to acquire Lloyd's MGA in Australia
Global insurer XL Catlin has entered into an agreement with Paul Hines, the owner of Sydney-based Brooklyn Underwriting, to acquire the MGA.
Week in Post: Caterpillars, DIY and D&O
As a mum to an eight-month-old, the most high-tech my life gets is reading The Very Hungry Caterpillar. So I don't get many software or hardware issues.
Axa calls for end of construction on flood plains as flash floods hit
Following today’s flash floods that saw half a month’s worth of rain dumped over parts of England, Axa has called for the government to end construction on flood plains and encourage greater resilence in repairs.
SSP sends compliance message to brokers via the FCA
In midst of the recent outrage, SSP has sent a message to its brokers via the Financial Conduct Authority to demand total compliance.
Lawyers welcome SRA's decision not to lift ban on cold calling
The Solicitors Regulation Authority has said it has no intention to lift the ban on solicitors’ cold calling.
Google France looks to re-enter insurance market amid talks with insurers
Google's French division is seeking partnerships with insurance companies to work across some of its businesses including smart-tech provider Nest.
Watchstone not yet recognising liability for £9.4m damages claim from investors
Watchstone Group, formally Quindell, has stated in its half year results that it is not yet recognising any liability for the £9.4m claim for damages made against it by Quindell shareholders.
D&O innovation
With a spate of innovation in the directors’ & officers’ market, how is the cover staying relevant in a constantly changing world?
Blog: The connected claim
With the connected home, claim alerts and notification to insurers could become automatic.
Treasury Committee's Solvency II inquiry to focus on capital requirements for annuities
The Treasury Committee’s inquiry into Solvency II post-Brexit is likely to examine capital requirements for annuities and potential risks for reinsurers, according to Fitch Ratings.
Aviva to cut 85 full-time roles in Leicester and London
Aviva will cut 85 full-time roles from its commercial underwriting teams as a result of a refocus on its digital and local trading solutions.
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
Cold calling ban on solicitors could be dropped by SRA
The rule which bans solicitors from cold-calling members of the public could be dropped as part of the Solicitors Regulation Authority handbook review, prompting lawyers and insurers to urge against the move.
One third of UK firms now buy cyber cover
UK firms are taking increasingly seriously the need for adequate cyber insurance, with 29% of businesses now in the process of buying cover.
Industry welcomes plans to build 'Great British Firewall'
The industry has welcomed plans to create a ‘Great British Firewall’ that will offer protection to major business against malicious cyber-attacks.
Ageas launch new app-based insurance to reel in millennials
Ageas have launched a new app-based insurance product aimed at millennials who feel their needs aren’t being met by traditional insurance products.
Keating leaves One Commercial to seek 'new challenges'
Mike Keating, managing director of Leeds-based insurer One Commercial has decided to leave the business after four years of service.
Neil Galjaard appointed divisional MD of Markel UK
Markel International has appointed Neil Galjaard as divisional managing director of Markel UK.