Insurer
Sean Quinn under bankruptcy investigation
Sean Quinn will be investigated by Anglo Irish Bank for selling land to his five children only weeks before filing for bankruptcy in Belfast, according to the Irish Independent.
UK General links with LIM
UK General Insurance has signed up Legal Expenses Management (LIM) to provide its legal expenses cover.
Groupama appoints new claims director
Groupama has appointed Darren Wills as corporate claims director.
Catlin reports flat GWP for UK operation
Catlin has reported gross written premiums (GWP) of $3,676m (£2,307m) for the first nine months of 2011.
New surety manager joins QBE London team
QBE has appointed Steve Manwaring as UK surety manager.
Pet owners killing their pets for cash
Pet owners have been injuring or even killing their pets to secure insurance payouts as it emerged that dishonest claims on animal policies quadrupled last year.
Hardy blames catastrophes for 111% COR
Hardy Underwriting has revealed a combined operating ratio (COR) of 111% for the first nine months of 2011.
RSA makes structural changes
RSA has announced a restructure of its operating structure and an appointment to its executive team.
Sean Quinn declared bankrupt
Sean Quinn has declared himself bankrupt at a court in Belfast over an alleged €2.8bn debt owed to Anglo Irish Bank.
Improved GWP for Allianz's UK non-life operation
Allianz has reported gross written premiums (GWP) of €525m (£450m) for its UK property casualty insurance operations for the three months ended September 2011.
ABI calls on government to help insurers provide best deal
The Association of British insurers (ABI) has insisted the government needs to tackle the UK’s compensation culture if motor insurers are to provide customers with the best deals.
XL commands biggest share of solicitors' PII market
Four insurers provided more than half the market share of solicitors' professional indemnity insurance (PII) in 2011, the Law Society Gazette has reported.
Zurich reports improved GWP but COR in decline
Zurich has reported general insurance gross written premiums of $27.05bn (£16.97bn), for the nine months ended September 2011.
More Than to provide online claims tracking service
More Than has launched a new e-claims service which allows customers to track their online claims.
Novae reports increased GWP
Novae Group has reported gross written premiums (GWP) of £516.4m for the first nine months of 2011.
PRA chief sets out future vision
Julian Adams, director of the Financial Services Authority’s (FSA) insurance division and soon to be in role at the Prudential Regulation Authority (PRA), has moved to address concerns that the new regulator would be overseeing the banking and insurance…
Trade bodies respond to flood insurance concerns
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have both moved to address the insurance problems being faced by homeowners in flood affected regions.
Smith praises transformation at Ageas
Barry Smith, chief executive of Ageas UK, has declared that the insurer's recent results were evidence of a step change and transformation at the insurer.
Admiral issues profit warning over PI claims
Admiral warned that personal injury claims continue to impact the business’ profits as it announced its third quarter results.
Profits and growth at Ageas
Ageas Insurance has revealed a 16.8% rise in gross written premiums to £822.5m and an improved combined operating ratio of 99.8% for the first nine months of 2011, compared to 104.9% in the same period last year.
Insurance premiums up 500% in flood areas, MP says
Diana Johnson MP has claimed that homeowners in flood risk areas have seen insurance premiums rise by up to 500% and called for a review looking into the cost.
Markel reports improved GWP but combined ratio suffers
Markel International has reported gross written premiums (GWP) of $194.2m (£120.8m) for the third quarter of 2011, compared with $178.7m for the same period of 2010.
Groupama mulling over sale of assets or stake
French mutual insurer Groupama is reportedly considering the sale of a stake in the company to outside investors or selling some assets as it bids to strengthen its capital and restore its solvency margin.
Sterling secures partial Chartered status
Sterling Insurance Group’s personal lines, commercial underwriting and claims divisions have received Chartered Insurer status from the Chartered Insurance Institute (CII).