Articles by Emmanuel Kenning
RSA half year results show premiums up 9%
RSA has announced UK net written premiums of £1.5bn in the first half of 2010, up by 9% compared with the same period of 2009. However, it added its combined operating ratio had slipped from 97.4% to 98.9% for the comparable periods as a result of severe…
PB Week: Footballing lessons
My boys have to learn the offside rule this year. This season the team is progressing from playing mini soccer (seven a-side) to 11 a-side football, carrying England's future hopes and dreams with them.
Insurance revenue grows 9% at Moneysupermarket
Moneysupermarket has reported a 9% increase in insurance revenue to £40.6m for the six months to 30 June 2010 (H1 2009: £37.1m).
Willis report predicts further insurance rate softening in power sector
Insurance rates in the power sector are expected to soften further in 2010, despite the existence of many of the conditions that would normally lead to a hardening market, according to the latest Power Market Review from Willis.
Liberty Syndicates in motor market drive
Liberty Syndicates Management, a member of Liberty Mutual Group, is entering the UK and Irish motor insurance markets through the hiring of a team of specialist motor underwriters.
Markerstudy joins IFIG board
Markerstudy Group has joined the board of the Insurance Fraud Investigators Group.
Insurance net exports reach record level
Figures from TheCityUK’s annual report, UK Financial Sector Net Exports, have shown that insurance net exports reached a record £8.3bn in 2009.
Octagon appoints claims director
Octagon has announced the appointment of Peter Goodright as claims director.
Aon reports fall in UK revenue
Aon today reported commission and fees in its UK arm declined 8% to $167m in the second quarter of 2010 (Q2 2009: $181m).
Lorega announces ATE service launch
Lorega has launched a new after the event claims preparation, mitigation and negotiation service.
Willis reports return to UK growth
Willis has reported net income from continuing operations for the quarter ended 30 June 2010 was $89m. The figure is above last year’s $87m in the same period.
PB Week: A week in the life of Keith Curling, Carmichaels MD
Monday: On the train to London and the diary assumes control, it will be a frenetic week with client meetings combined with managing my own portfolio of adjusting work.
Anglo Irish planning for Quinn takeover
Anglo Irish Bank is just weeks away from delivering plans to the country’s Financial Regulator for the takeover of Quinn Insurance, according to the Irish Independent.
Ecclesiastical announces new CEO for Australian business
Specialist insurer Ecclesiastical has appointed Andrew Moon as the new chief executive officer for its Australian business, Ansvar Insurance.
News round-up: July/August 2010
A brief round up of news from the secto.
Dual in £10m alliance with Newline
Dual Corporate Risks has announced the creation of a strategic alliance with Newline Syndicate 1218 at Lloyds.
Westfield Health launches consumer focused online offering
Westfield Health has launched Health365 in a move which it claims will shake-up the health insurance industry.
PB Week: Time to take up arms against a sea of legislation?
Deputy PM Nick Clegg's call to arms against pointless regulation and unnecessary bureaucracy was issued on 1 July with the launch of the "Your Freedom" website.
Insurance premium increases cited by ONS as inflation falls
The Office for National Statistics has revealed that inflation fell to 3.2% in June. The year-on-year rise in consumer prices index which excludes mortgage costs was down from 3.4% in May.
Brit raids RSA for liability portfolio management underwriter
Brit Insurance has appointed Tom Taylor as liability portfolio management underwriter in its London office. Reporting to Jamie McNab, UK portfolio manager for liability, he takes up his position immediately.
Argo International adds to D&O team
Specialist Lloyd’s insurer, Argo International, has appointed Andrew Robertson to expand its directors and officers capability.
Allianz refreshes commercial cover
Allianz Commercial has revamped its commercial select product.
Marsh restructures Scottish leadership team
Marsh has announced senior appointments to its Scottish national corporate business, which provides risk and insurance advice for mid to large size corporates.
Lorega increases broker development team
Lorega has boosted its broker development team with the aim of doubling its regional sales force to eight by the end of 2010.