Articles by Emmanuel Kenning
Brit Insurance boosts Glasgow operations
Brit Insurance has appointed Denise Fletcher and Karl Weidner to its Glasgow office. They join the property combined team, headed by Suzanne Sadahew, as underwriter and assistant underwriter respectively.
Fall in profits and revenue at Confused.com
Price comparison website Confused has announced a 10% fall in revenue and 20% decline in profit during the first six months of the year.
11 year high in claims against professional firms
High Court cases launched against professional firms for negligence have hit an 11 year high forcing more firms to borrow to pay increased professional indemnity insurance rates, according to independent finance provider Syscap.
QBE raids Chubb for accident and health underwriter
QBE has announced the appointment of Gemma Seymour as accident and health underwriter in its non-Lloyd’s A&H team.
MP banned after driving without insurance
Bolton South East MP Yasmin Qureshi has been banned from driving for six months after being caught using her mobile phone while driving without insurance, according to the BBC.
Quinn confirms withdrawal from solicitors' PI
Quinn Insurance has confirmed today that it will not be re-entering the solicitors’ professional indemnity insurance market in England and Wales this year.
RSA warned to raise Aviva offer to £8bn
RSA will have to raise its offer for Aviva’s general insurance business by 60% to £8bn to seal the deal, according to a report in the City AM newspaper.
Ace raids Chartis and Aviva for Birmingham team
Ace has announced two new appointments to its Midlands regional management team.
PB Week: Thinking about motor rates
Further to the news that car insurance premiums have jumped 14.2% in the second quarter 2010 it was interesting to note NIG's recent announcement that they were changing their strategy and moving away from the personal lines market, writes Paul Muir,…
UK inflation rate falls again
Annual inflation in the UK has fallen for the third month in a row to 3.1% in July.
RSA responds to press speculation about Aviva
RSA has confirmed that it put forward a proposal to Aviva to acquire its UK, Canadian and Irish general insurance businesses excluding RAC and Health for £5 billion in cash.
Allianz's half year results show GWP rise but profits drop
As part of Allianz’s half year results CEO Andrew Torrance has promised further double digit rate increases in private motor and said there was a “prospect of underwriting profit” in this area in 2011.
NMJ Insurance buys Protheroe Insurance
NMJ Insurance Brokers has bought Derbyshire-based Protheroe Insurance for an undisclosed fee. The deal for the Belper-based company follows the acquisition of Ridge Insurance in January 2010. It has been acquired from Brian Milward who is retiring from…
Aviation cover on offer from Allianz
Allianz Commercial is offering an aviation products liability solution for commercial customers underwritten by the specialist aviation team at fellow Allianz SE Group member, Allianz Global Corporate & Specialty.
PB launches special digital only Green edition
PB has launched its first special digital only issue using the latest page turning technology to offer an in-depth guide on how best to adapt to the green economy.
Personal Finance Society appoints ‘champions’ to promote chartered status
The Personal Finance Society has appointed 21 financial planners as ‘chartered champions’ across the UK.
Lucas Fettes launches motor trade scheme for classic car market
Lucas Fettes has launched a new bespoke classic car scheme for the motor trade underwritten by Brit Insurance.
PB Week: Bringing a scheme to life
In my role I see lots of scheme propositions from brokers. Some are well established and others are in their early stages. So what makes a scheme a success?
Mervyn King warns UK economy facing “choppy” recovery
The Bank of England has cut its growth forecasts for the UK economy to around 3% for the next two years, down from its previous prediction of around 3.5%.
Beachcroft calls FSA’s PPI policy statement ‘very bad news’
Law firm Beachcroft has criticised the FSA’s policy statement on payment protection insurance.
Ace joins PowerPlace panel
Ace has joined PowerPlace’s panel of insurers and will be making its directors & officers’ product available from 24 August.
Obituary of Allan Bridgewater
Allan Bridgewater, former chairman of the Association of British Insurers, president of the Chartered Insurance Institute and leader of Norwich Union died on 5 August aged 81.
Zurich raids Axa for property head
Zurich UK has announced the appointment of Peter Clark as head of property and strategy exposure management, commercial lines, effective 1 October 2010.
RPC research shows FSA resignations up 128% in a year
There has been a 128% leap in the number of staff resigning from the Financial Services Authority in just one year as the government proposes to abolish the regulator, according to city law firm Reynolds Porter Chamberlain.