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Stephen Catlin strikes out with fresh insurer
Catlin is working with deputy CEO Paul Brand and the business starts with $1.8bn of capital with the firm looking to underwrite insurance and reinsurance for complex speciality risks for a range of commercial lines in Bermuda and London.
Axa threatens 125 claims roles
The possible redundancies come amid a restructure and business “simplification” and follow 106 roles being placed at risk last month.
Cost of motor insurance falls again
Survey by ABI reveals average motor insurance premiums dropped for the fourth quarter in a row.
Allianz in talks to buy L&G's GI business - report
Sky News says Allianz is frontrunner in race to buy the business after L&G put it up for sale late last year.
Gefion ordered to publish supplementary corrective accounts
The Danish regulator has told Gefion to restate its 2017 results and half-year report for 2018 but Gefion insists the business is healthy.
Which? survey reveals worst insurers for handling claims
Consumer organisation asked car and home insurance customers to rate their claims experience, with The AA scoring lowest in the car sector and RSA being rated worst in home.
Podcast: The top five news stories of the week
Ida Axling and Aara Syed discuss the most popular stories on Insurance Age this week.
Quizzical questions: 26 April 2019
Test your knowledge of the week's news with our topical quiz.
Brit enhances Cyber Attack Plus product
The provider has increased limits to $150m (£116m) and made the product more flexible.
Azur adds Arag to HNW household broker product
The Smart Home offering for emerging wealth clients has been designed to help brokers compete with direct writers.
Research shows 50% of motorists think dual pricing should be illegal
A survey by Go Compare show half of the drivers surveyed felt it should be illegal for insurers to reserve best prices for new customers.
Experts predict further changes at Aviva following Briggs' exit
Brokers were unconcerned about the UK CEO of Insurance leaving the provider and have faith in group CEO Maurice Tulloch but more management "shuffling" is expected.
Profits fall at Covéa in 2018
Provider says results were impacted by soft market conditions in personal lines, along with adverse weather, claims inflation and uncertainty around Brexit.
Soros-backed MGA incubator Vibe bought by Pro Global
The incubator was launched in 2017 by Vibe UK Holdings.
HSB reveals broker e-trading platform
Engineering specialist says four products will initially be available for brokers to quote and bind, as it plans to add more in the future.
Qudos replacement policies reignite unrated debate
Some alternative cover for Qudos’ motor, motor add-on and pet insurance policyholders is being offered through two unrated insurers.
Andy Briggs to leave Aviva
Briggs steps down as CEO UK Insurance following Maurice Tulloch’s appointment as group CEO as Aviva announces further management changes “to bring greater energy and pace” and a review of UK business.
RSA boss Egan "not defensive" about broker criticism
New UK and International CEO reiterates commitment to the broker channel after brokers say provider is difficult to trade with.
Hiscox report shows cyber attacks are on the up
Attacks increase on businesses with SMEs a target but more firms are now willing to consider cyber cover.
Slow take-up of standardised Toba template was expected, says Biba
CEO Steve White hopes for a domino effect as networks, including Una Alliance, consider adopting the template.
FCA data reveals fall in complaints in second half of 2018
Regulator says total amount of complaints about financial services reached 3.91m, with PPI making up 40%.
Brexit and customer fairness dominate FCA 2019/20 plans
The regulator’s Business Plan revealed a focus on “fair treatment for existing customers” amid dual pricing investigation and warned orderly transition post-Brexit is an “immediate priority”.
FCA proposes £537.7m fee budget for 2019/20
The figure is a 2% increase on last year’s with £29m to come from general insurance mediation.