Articles by Emmanuel Kenning
Insurance sector sees rise in insolvencies
Research from Experian has revealed that there were 17 insurance-related insolvencies in August 2012, an increase of 30.8% on August 2011.
Share your views ahead of the launch of our new Professionalism site
Insurance Age is delighted to announce that its latest campaign on Professionalism in the industry, sponsored by Axa, will launch next week.
Coversure opens York office
Coversure has opened a new franchise office in York set up by former employee of Coversure Insurance Services, Mel Scott.
Groupama confirms pension fund injection ahead of sale
Groupama SA has confirmed that ahead of completion of the Ageas deal, £40m will be injected by Groupama Insurance Company Limited (GICL) into the pension fund which will be subsequently transferred to Groupama SA.
MCE takes on extra office after expansion
MCE Insurance is to take on additional premises following the expansion of its sales force.
Fitch rates Allianz as stable
Fitch Ratings has confirmed Allianz SE’s insurer financial strength and long-term default rating as AA- with a stable outlook.
Ageas UK confirms Groupama buy
Ageas has signed up to buy Groupama Insurance Company Limited (GICL) for £116m.
Weatherbys launches HNW broker
Weatherbys has teamed up with Charles Hamilton to launch high net worth intermediary Weatherbys Hamilton.
Aspen unveils new cyber covers
Aspen Risk Management has launched a range of insurance policies to help companies protect against the emerging risks relating to computers, data and cyber-crime.
Beazley links up with Evolution for PI
Beazley has signed up with Evolution Underwriting to provide Evolution’s broker panel exclusive access to capacity for UK-based professional indemnity risks with fee income of less than £35m.
Plus ça change but will it be the même chose?
Last Friday Ageas announced that it was in exclusive talks with Groupama about the UK business. The latter had been formally on the market since the start of this year and linked with pretty much every provider going, private equity and MBOs.
Andrew Chester appointed Bowring Marsh CEO
Andrew Chester is to replace Nick Bacon as chief executive officer of Bowring Marsh, on 1 October.
Direct Line confirms float plans
Direct Line Group (DLG) has announced it will seek a flotation on the London Stock Exchange.
Ceta adds to non-standard household panel
Ceta has appointed Prestige, Midas and Plum to its online quote-and-buy system in a move designed to strengthen its household panel with non-standard providers.
Speculation mounts around Direct Line flotation
Direct Line Group could tomorrow announce its intention to float on the London Stock Exchange, according to reports.
Arag wins Oak account from Das
Arag has partnered with Oak Underwriting to provide legal expenses and home emergency assistance insurance to the specialist’s high net worth (HNW) portfolio.
Chartis builds cyber liability offering
Chartis has appointed Jamie Bouloux to the newly created role of cyber liability underwriting manager for Europe.
James Hallam makes double acquisition
James Hallam has confirmed the purchase of care homes business from Howden and a commercial book in Essex as part of its growth plans.
Chris Hanks to retire from Allianz
Insurance Age understands that Chris Hanks, general manager of Allianz Commercial, is to retire in 2013.
Former Zurich PL chief Bedlow to join Tesco
Ex-Zurich personal lines managing director Karl Bedlow is to join Tesco, Insurance Age can reveal.
Ex-Barbon MD joins Giles
Giles Insurance Brokers has appointed Nick Sharp as executive director for the group.
Regulator outlines review into sales incentives
The Financial Services Authority (FSA) has outlined the research behind its decision to open a consultation on sales incentive schemes in the financial services industry.
FCA chief highlights PPI mis-selling in commission crackdown plans
Martin Wheatley, chief executive officer designate of the Financial Conduct Authority (FCA), has confirmed that he wants to see an end to mis-selling created by sales incentives.
Ai Claims owners report growth and profit
Quindell Portfolio has reported increases in revenue and declared a profit for the first six months of 2012.