Insurer
S&P reaffirms Ageas rating
Standard & Poor’s has affirmed Ageas Insurance’s BBB pi rating, ahead of the planned cessation of pi ratings in its various global territories.
L&G GI quarterly premiums inch beyond £100m for the first time
L&G has reported quarterly general insurance premiums of more than £100m for the first time.
Axa retains top spot in Brokerbility satisfaction survey
Axa has once again been ranked highest in a bi-annual satisfaction survey of Brokerbility members.
EAIC 2014: Climate change risk "manageable", says Aon Benfield
Dr Stephen Mildenhall, global CEO of analytics, Aon Benfield suggests there is enough capital for insurers and reinsurers to cope with climate change.
Zurich bringing commercial claims process in line with Insurance Bill ahead of legislation
Zurich is to adopt the Law Commission's recommendations on the new Insurance Bill before it is formally adopted as law ahead of the next election.
AIG reported to be lead insurer for Virgin Galactic loss
AIG is reported to be the lead insurer for the Virgin Galactic spaceship that crashed last week.
Axa Assistance agrees breakdown deal with Autonet
Axa Assistance has partnered with Autonet Insurance to provide breakdown services to Autonet's van, car and motorbike insurance customers.
More Than partners with Trak Global on telematics product
More Than has launched a telematics product in partnership with Trak Global to help reduce the cost of motor insurance for young, inexperienced drivers.
Revised rehab code to be published by end of Q2 2015
A revised rehabilitation code will be published by the end of the second quarter of 2015 after the International Underwriting Association-Association of British Insurers Rehabilitation Working Party reported an “unprecedented” response for views on a…
Coach crash fraudsters jailed over £150k injury scam
Three Liverpudlian fraudsters have been jailed over a scheme to fraudulently claim £150 000 for personal injuries after deliberately causing a crash between a coach and a car while on a journey to a Manchester dog track.
Axa wins on £4m Ted Baker theft claim
Axa has secured victory in a long running legal battle over a seven-figure employee theft claims from UK clothing firm Ted Baker.
Road safety report calls for zero IPT rate for young drivers
The government should introduce a zero insurance premium tax rate for insured vehicles fitted with a telematics unit for drivers under the age of 25, according the Road Safety Foundation.
Axa ranked worst in global brand survey
Axa has been condemned as the worst of 90 global consumer brands including Ryanair in a study focused on simplicity.
Insurers likely to benefit as Treasury looks to hike Pool Re fee
The government’s attempt to increase the fees it receives from Pool Re will provide substantial growth opportunities for independent insurers as buyers look for alternative cover, according to Lockton’s terrorism head.
Assurant Solutions buys French mobile insurer
Assurant Solutions has completed its purchase of French mobile insurance administrator CWI Group.
ABI, IFB and Thompsons to discuss fraud collaboration next week
The Association of British Insurers and Thompsons solicitors are set for a face-to-face showdown next week at the Post Insurance Fraud conference.
Zurich's Coleman confirmed as commercial broker MD
Zurich's Richard Coleman is to remain commercial broker business managing director having held the role on an interim basis since the summer.
Zurich completes sale of Russian retail business
Zurich Insurance Group has completed the sale of its general insurance retail business in Russia to OLMA Group.
Decline in policy numbers sees 5% GWP drop at DLG
Direct Line Group has seen gross written premiums fall across its motor and home books for the first nine months of 2014 largely attributed to reductions in in-force policies.
Swiftcover offering up to 12.5% discount for in-car camera users
Axa-owned insurance brand Swiftcover is to offer customers a discount of up to 12.5% on their motor insurance if they use an in-car camera on their vehicle’s dashboard.
Arista promotes Bodman to Northern region lead
Towergate-owned managing general agent Arista has promoted senior development underwriter Jon Bodman to its Northern area underwriting manager, recruiting an Aviva team leader to replace him.
Europe: Environmental Liability Directive – the polluter pays principle
On 30 April, 2007 the European Directive 2004/35/EC, regarding the prevention and remedying of environmental damage, had to be transposed into local legislation by all European member states.
Ebola 'fear' threatens to cause disruption in developed countries
Fear of Ebola is more disruptive in developed countries than the deaths and illnesses it causes, according to the Cambridge Risk Centre for Risk Studies.
RUP Commercial rebrands to Century Underwriting
Motor managing general agent RUP Commercial Risks has changed its name to Century Underwriting as it looks to expand into liability and property insurance.