Insurer
Profit fall for Ageas
Insurer blames adverse weather for profit decline to £21.4m and COR which deteriorated to 102.0%.
FinTech Futures relaunches
InsurTech Futures is the new name for the campaign which aims to encourage take-up of tech and innovation in broking.
Accelerate Underwriting targets £50m GWP in six years
The MGA was officially launched on Friday and will focus on niche and specialist areas.
New IFED chief aims to continue "good work" of predecessors
DCI Oliver Little says extra resources will help the fight against fraud.
#Insagepeople: 15 - 21 February 2016
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Net loss of $1.8bn for AIG
Losses grow for AIG in Q4 2015 as full year income drops to $2.2bn from $7.5bn in 2014.
Sharma does not expect further UK job losses
Zurich UK to focus on 440 job cuts already announced but UKGI CEO admits he does not have a “crystal ball”.
Zurich UK reports £62m loss
Insurer says loss is due to storm and flood losses.
Zurich operating profit down 37%
New boss Greco to start early as up to 8,000 roles threatened.
Markel COR improves to 89% for 2015
Profit for the year increases to $582.8m.
Brexit will not create “regulatory nirvana”
Lloyd’s chief risk officer, Sean McGovern warns that leaving the EU could create “instability” and says an exit will not smooth regulation for insurance sector.
Insurance ‘ghost broker’ sentenced
Court dishes out six months jail term suspended for one year.
Up to 15 jobs “at risk” as RSA closes Bristol site
Office to be replaced by “commercial trading site” and follows closure of Birmingham office. RSA insists brokers won’t be affected.
Ex-Towergate leader Clive Nathan pops up at Primary
Former Towergate Underwriting chief to lead UK and Europe specialty portfolios.
Allianz Commercial unveils proposition for print and publishing
Media proposition will provide cover and services for premiums between £5,000 and £100,000.
QBE adds three products to SME e-trade offering
Move boosts range to seven lines.
Sompo Canopius makes changes to executive team
Insurer says it is changing its structure to focus on profitability.
UK General leader Karen Beales targeting £500m GWP within three years
Personal lines boss hails broker reaction to Great Lakes capacity deal.
#Insagepeople: 8 - 14 February 2016
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Broking Break: The Six Nations - QBE predicts the winner
Actuaries at the insurer have crunched the numbers to try and pick the winner.
UK General swaps Ageas for Great Lakes in three year deal
New capacity comes as five year personal lines relationship ends.
Applied Systems teams up with Ageas
Insurer's shop and office product launches on Applied TAM.
Concordia launches Broker Protect
MGA says product is specifically designed for brokers and covers employment-related risks.
AA launches insurance company
Company targets 250,000 policies beginning with motor while home is to be added in due course.