Insurer
Brit sells to RiverStone
Brit Group has agreed to sell Brit Insurance Limited (BIL), its Financial Services Authority regulated insurance company, to run-off specialists RiverStone Group.
Aviva strikes Keychoice deal
Keychoice and Aviva have agreed to extend their personal lines deal and branch into SME commercial lines together.
Allianz warns that RSA judgment could push motor costs higher
Allianz has warned that a High Court decision on the RSA repair model could add 25% to motor repair bills.
Zurich aims to improve visibility to small brokers
Zurich is renewing its commitment to smaller regional brokers, recruiting 16 new sales executives who will be responsible for looking after around 2,000 brokers.
Hello and welcome
Well, in a flash of ATEs, D&Os and IMDs my first week as an insurance reporter is almost at an end.
UK consumers failing to see value of mobile phone cover
Almost four in five British mobile phone users believe mobile phone insurance is unnecessary, according to research from Virgin Media.
Fitch affirms AA- credit rating of IAG subsidiaries
Fitch has upheld the financial strength rating of Insurance Australia Group's (IAG) core operating subsidies at AA-.
NIG reveals profits in 2011 results
NIG has revealed that it made a profit after tax of £47.3m in the year to 31 December 2011, a reversal of the £78.8m the provider lost in 2010.
Gable launches new ATE product range
Gable Holdings has unveiled a new range of After the Event (ATE) insurance programmes for the UK.
Axa Assistance announces new deputy CEO appointment
Axa Assistance has promoted Sharon Scully to deputy CEO.
JLT launches unoccupied property cover
JLT Specialty has extended its landlords insurance offering to cover unoccupied properties, and enhanced its online quote and bind facility.
ABI backs Equality Act exemption
The Association of British Insurers (ABI) has welcomed confirmation from the Home Office that the incoming Equality Act will not apply to financial services.
Accounts reveal prices of Oxygen disposals
Oxygen Insurance's London-based specialist broking teams were snapped up by AJ Gallagher for £1.35m, according to documents lodged with Companies House.
CII report warns on climate change inertia
Inadequate action to tackle climate change could trigger widespread market failure and insolvencies among insurers, a study published today has warned.
Embattled businesses warned of greater D&O scrutiny
Troubled businesses have been urged to "plan to fail" amid changing conditions in the UK's directors' and officers' (D&O) liability insurance market.
Travelers and Esure in talks over potential deal
Travelers has been holding preliminary talks about buying a stake in Esure.
Insurers branded slow and insensitive over riot claims
The Association of British Insurers (ABI) has defended its members over accusations that insurers have been too slow in compensating victims of last year’s riots.
UK government urged to tackle flood risk insurance issues
The UK government has been urged to take action "sooner rather than later" to tackle flood risks.
HDI-Gerling revs up for UK motor fleet market
HDI-Gerling is expanding its product range to enter the UK motor fleet market.
Over 95% of East Midlands businesses are underinsured
Businesses across the East Midlands are running the risk of "financial disaster" due to insufficient insurance cover, a report published today has warned.
Social media-related risks could offer new market says CII
Social media-savvy young people could represent an emerging market for online risk insurance cover, according to research conducted by the Chartered Insurance Institute (CII).
Marsh expands in Liverpool
Marsh has launched an insurance broking operation in Liverpool as it bids to strengthen its ties in the north west of England.
Marsh survey finds companies confused over cyber risk
Leading organisations across Europe are failing to deal with cyber threats in their risk management strategies, according to a survey conducted by Marsh.
Warning of rise in home insurance premiums after floods
Business advisory firm Deloitte has warned that the recent floods across the UK could tip insurers into losses and force premiums higher for policyholders.