Insurer
Coface reports jump in profit amid 2013 economy warning
Coface has reported a €129m (£112m) net profit for 2012, up 80% from 2011.
Amlin swings back to profit and agrees $50m MGA deal
Amlin returned to the black after posting a pre-tax profit of £264.2m for 2012, a marked improvement on the £193.8m loss recorded for 2011.
BT launches motor claims legal services company with ABS
BT has launched a new legal services business for corporate customers, initially in the motor claims market, named BT Law Limited.
The rise of passporting insurers
Does anyone care about the ease with which overseas insurers from jurisdictions with less stringent regulation can set up shop in the UK? Stuart Reid asks
Editor’s letter - March 2013
“Every voice deserves to be heard. The debate is too important for an unhinged or skewed diatribe”
Market welcomes Bupa’s B2C decision
But Amii voices frustration over Bupa’s communication process with brokers
Brokers unmoved by Ageas’ management shake-up
Ageas announced some big-name departures last month, as it set out its new senior management team following the takeover of Groupama.
Results reveal profit-focused insurers
CEOs’ responses to insurer results suggest greater emphasis being placed on profits than book building
Market moves: Networks in the news
There was a lot to admire in the broker-related market moves last month. Networks decided en masse to grab their share of the limelight. Having delivered a quiet quarter or so they certainly achieved it by bursting back into life with one appointment in…
Insurers split over value of chartered status
Insurance Age survey shows a plethora of views on the need for brokers to gain chartered status and the best ways to demonstrate professionalism
The problems with money
Brokers need to be prepared for the forthcoming changes to insurance money rules. David Roberts outlines four areas the industry should be focusing on
In-depth: Going global
With clients increasingly prepared to export to beat the economic downturn, brokers must be ready to think internationally, writes Edward Murray
The state we’re in
If the UK is to avoid another economic crisis in the near future, insurers and the government need to join forces to tackle flood insurance, says Tony Cornell
Broker Apprentice Task Three: The Campaign
I set this challenge because as an industry we face the real problem that insurance isn't perceived as being ‘sexy', particularly by the young.
Insurers counter "poor compliance" claim after DVLA bans
Insurers have countered suggestions of "poor compliance" after it emerged that five household names had been temporarily suspended from receiving vehicle keeper information from the DVLA since 2010.
Top insurers banned from DVLA database
RSA, Groupama and LV are among the household names to have been temporarily suspended from receiving vehicle keeper information from the DVLA, Insurance Age can reveal.
L&G strikes five-year product deal with Newcastle Building Society
Legal & General (L&G) has agreed a five-year extension to its current deal with Newcastle Building Society for its general insurance products.
Direct Line Group reports dip in GWP while COR improves
Direct Line Group (DLG) has reported a drop in gross written premium (GWP)for 2012, at £3.99bn down from £4.13bn in 2011.
Gallagher Heath partners with Lorega on property claims
Gallagher Heath has signed up with Lorega to white-label its loss recovery insurance products and launch Gallagher Heath Assist.
Professionalism is crucial ingredient for enhanced benefits
Neil Clutterbuck, director of underwriting and technical at Allianz, has revealed that increased professionalism is part of a cocktail that could lead to enhanced products and benefits for brokers from the insurer.
Brit reports improved profit and COR
Brit Insurance has reported an operating profit of £113.6m for 2012, up from £68.4m in 2011, in the first full-year results since it divested its UK business.
esure plans £50m stock exchange flotation
esure has announced its intention to float on the London Stock Exchange with an initial public offering (IPO).
LV MD: motor rates need to rise
LV managing director John O’Roarke has blamed falling motor rates for the only disappointment in its broker channel results for 2012.
QBE to cut 700 jobs
QBE is to cut up to 700 positions across Europe, Australia and the US over the next few years.