Articles by Emmanuel Kenning
Biba splits from RWA
The British Insurance Brokers’ Association (Biba) has split with RWA Group, one of its compliance partners.
New claims mediator launches to brokers
Expedite Resolution has launched a new service that it claims could bring a flexible and cost effective approach to claims settlement.
Lloyd’s broker bought by US group
London-based broker and underwriting company Chesterfield Group has been bought by US-company H.W. Kaufman Financial Group.
Standard & Poor’s outlook for insurers remains negative
Standard & Poor’s (S&P) has reaffirmed the credit ratings of Allianz, Aviva and Axa groups but warned the long term outlook for all three was negative mainly as a result of the Eurozone crisis.
A&A Group in management buyout
Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.
Premiums rise as profits fall at Chubb
Chubb has reported net income in Q4 2011 of $452m (£287.7m) down from $620m in the same period of 2010.
A Festivus for the rest of us
A couple of years ago I bought a bank. You probably did too. Ever since I have been paying out generous bonuses, none more so than the £1m I gave to Stephen Hester yesterday for kindly running the Royal Bank of Scotland so well.
Policy sales up at Brightside ahead of results release
Brightside has revealed a 30.7% increase in policy sales to 444,189 [2010: 339,916] ahead of announcing its full year results to 31 December 2011.
Thoresen urges FCA to tone down the rhetoric
Otto Thoresen, director general of the Association of British Insurers (ABI), has called on the Financial Conduct Authority (FCA) to engage with balanced rhetoric to head of a confrontational relationship with the industry.
CCV starts 2012 with two acquisitions
CCV has bought Crown Insurance Brokers in Birmingham and Lyon Insurance Services in Anglesey.
RSA reveals 120 jobs at risk in UK business review
RSA has confirmed to sister title PostOnline that 120 jobs are at risk in a review of its UK business.
Ex-Gallagher Heath MD joins Knowlden Titlow
Knowlden Titlow Insurance Brokers has appointed Rod Palmer, former managing director of Gallagher Heath’s Norwich branch, as broking director.
FSA issues warning about motor broker Aston Midshires
The Financial Services Authority (FSA) has warned customers of motor broker Aston Midshires Insurance to check that their insurance policies are valid.
Aviva considering tied agent model in Ireland
Aviva has told staff in Ireland that it is considering selling some branches while others may be used in a franchise model, according to reports in the Irish press.
QBE maintains rating status despite profit warning
Credit rating agencies Fitch and AM Best have both reaffirmed their ‘excellent’ level ratings on QBE following it announcement on 12 January that group profits would be up to 50% lower than the $1.3bn (£834m) announced in 2010.
MBO not on the table at Groupama
François-Xavier Boisseau, UK CEO of Groupama, has claimed the company will not resort to a fire sale and insisted that an MBO is not on the table.
Jack Straw to "push on" with motor reform
Jack Straw has vowed to fight on in his bid to reform the UK motor insurance market despite his Motor Insurance Regulation Bill hitting the wall.
Aviva survey shows rise in uninsured SMEs
Aviva’s twice yearly SME Pulse survey of 500 UK SMEs has revealed an increase in the number of these businesses trading without insurance from 8% in June to 20% in December 2011.
S&P takes dim view of Canopius' capitalisation
Rating agency Standard & Poor’s (S&P) has described Canopius Group’s risk-based capital as being significantly below BBB.
XL appoints ex-Chartis commercial lines chief
XL Group has appointed Jason Harris as chief executive of its international property and casualty insurance business.
CNA promotes from within for new underwriting manager
CNA Europe has appointed Steve O’Riordan as underwriting manager, London property.
Prince’s Trust and Allianz team up to help disadvantaged young people
The Prince’s Trust has announced that its Palace to Palace cycle ride will be coming to the West Midlands for the first time.
QBE in online H&S training partnership
QBE has launched an e-learning initiative designed to provide health and safety training for clients.
Time running out for Straw's motor bill
Jack Straw MP’s Motor Insurance Regulation Bill is to have its second reading in the House of Commons today although there is little prospect of it becoming law.