Articles by Emmanuel Kenning
Gallagher buys holiday home specialist
Arthur J Gallagher has purchased Croydon-based broker Blenheim Park.
Blanc promises big changes within six months
Axa’s Amanda Blanc has promised brokers that they will see substantial changes to its relationship management approach within six months as the insurer brings personal lines intermediary and commercial lines into one structure.
Axa sets out new broker structure
Axa UK has announced the new structure and team, under the leadership of Amanda Blanc, that will service brokers.
Lockton opens new Brighton office
Lockton has opened a new office in Brighton with the remit of servicing clients throughout the South East of England.
Motaquote warns of job losses and MD departs
CCV-owned Motaquote has confirmed that it is conducting a strategic review which could lead to the closure of its Williamstown Centre operation and a number of job losses.
Ageas commercial COR dips to 100%
Barry Smith, chief executive at Ageas UK, has revealed that the provider’s combined operating ratio for commercial business improved to 100% in the first six months of 2012, from 104.3% in the same period last year.
Former-Heath director signs up for HCB
The Health Claims Bureau (HCB) has appointed Karen Gamble as head of client relations as it aims to expand its corporate risk solutions capability.
Catlin soars into profit
Catlin Group has reported profits of $231m [£148.3m] for the first six months of 2012, as opposed to a loss of $201m in the same period last year.
Profits up at Ageas
Ageas UK has revealed that pre-tax profits in non-life business rose to £56.1m for the first half of 2012, more than doubling from £23.4m in the same period of 2011.
Chartis sees COR improvement but still above 100%
Chartis has revealed it wrote $9.1bn [£5.85bn] in net written premiums for the second quarter of 2012, slightly down from $9.17bn in 2011.
Aviva COR predicted to top 99%
Investec has predicted that Aviva’s combined operating ratio will hit 99.1% in its half year results due to be published on 9 August, a deterioration from the 96% reported for the first six months of 2011.
Axa COR sneaks above 100%
Axa has revealed a combined operating ratio of 100.4% for UK property and casualty (P&C) business in the first six months of 2012, consistent with the 100% achieved in the same period of 2011.
Broker Expo South – speakers revealed
The speakers have been revealed for Insurance Age's Broker Expo South 2012 offering brokers crucial, business-useful information and debate on hot topics from regulation to social media.
Revenues flat at Willis
Willis Group has reported a fall in commissions and fees to $837m [£538.6m] in the second quarter of 2012, down from $852m in the same period of 2011.
Lockton expands Manchester team with ex-Lucas Fettes hire
Lockton has expanded its Manchester-based regional wholesale business with the appointment of former Lucas Fettes MD, David Lee.
MIB chief criticises Arsenal star for driving offence
Ashton West, chief executive at the Motor Insurers’ Bureau, has hit out at Arsenal star Nicklas Bendtner for setting a bad example by driving without insurance.
Products: Commercial Express combined product gets full launch following pilot
Commercial Express has unveiled a new commercial combined facility, calling it the “final piece in the jigsaw”.
JLT swoops for Ace CFO
Jardine Lloyd Thompson Group (JLT) has appointed Mike Reynolds, currently chief finance officer at Ace European Group, as its finance director.
LV chief John O’Roarke reveals COR and growth targets
John O'Roarke, managing director of LV general insurance, has reacted to the news that the insurer lost broker business in the first half of 2012 by admitting its results were “two ticks and a cross” across its three elements.
GI profits flat at LV
LV has reported profits before tax of £53m for the first half of 2012, in line with the £52m achieved in the same period of 2011 for general insurance.
Hiscox returns to half-year profit
Hiscox has revealed a pre-tax profit of £125.8m for the first six months of the year, reversing a loss of £85.6m in the same period of 2011.
Aon sees profits fall
Aon has reported a 5% fall in profits for the second quarter of 2012 to $246m [£156.3m] compared to $258m in the same period of 2011.
First time tragedy, second time farce
Time to assume the position brokers. That’s right the one where you hold a pen over the cheque book and write out a big number for the Financial Services Compensation Scheme.
FSA publishes new rules on packaged accounts
Banks and building societies will have to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account under new rules published by the Financial Services Authority (FSA).