Insurer
Hiscox expands PI cover portfolio
Hiscox has revealed a set of five broker-only professional indemnity products available from early July.
Evolution to manage Beazley's regional PI push
Evolution Underwriting has entered into an exclusive underwriting and distribution partnership with the Beazley Group.
Ageas commercial COR improves to 104.1%
Ageas UK has revealed that its commercial business produced a combined operating ratio of 104.1% for the first three months of 2012.
Groupama wins place on Sky Insurance panel
Groupama Insurances has signed a deal with Sky Insurance Services to provide cover for modified, prestige and performance cars.
OIM launches e-Underwriting division
OIM Underwriting, part Arthur J Gallagher, has developed a new underwriting platform for household and commercial risks.
NIG continues regional BDM appointments
NIG has appointed a new business development manager for the East Anglia region to target the SME sector.
Ageas sees profits soar as ratio improves
Ageas UK has announced an 11.1% increase in income to £513.3m in the first quarter of 2012 compared to the same period last year.
Andrew Moss demanded near 10% payrise days before departure
Andrew Moss, the former chief executive of Aviva, demanded a 9.5% pay rise just days before he was forced out amid shareholder pressure over executive pay.
Casualty & General opens UK office to target regional brokers
Casualty & General Insurance (Europe) has opened a new office in London, to be led by director Andy Moulsdale.
MMA aims for further growth with schemes appointment
MMA Insurance has appointed Liam Casserley as schemes account manager.
Aviva consolidates corporate arm
Aviva is to roll its construction and power business into its corporate and speciality risk arm to form a new team – construction, power and engineering (CPE).
Axa UK delivers significant growth in commercial lines and household
Axa's general insurance business delivered nearly €10bn (£8bn) in premium in the first quarter of 2012, the UK contributing €996m of that total.
Catlin sees rates hardening across lines in Q1
Catlin's chief executive believes the market is heading the right direction with rate increases across the board as the insurer reported a 12% hike in GWP.
CFC adds to professional risks team
CFC has appointed Andrew Walker to its professional risks team.
Keychoice Underwriting transfers business to Towergate
Keychoice Underwriting has entered into negotiations to transfer its book of business to Towergate only two years after it was launched.
Peter Hubbard appointed executive chairman at UK General
Former Axa UK CEO, Peter Hubbard, has been appointed the new executive chairman of the UK General Group following the resignation of Howard Posner.
Zurich's UK arm sees profits dip but COR remains steady
Zurich UK has delivered an underwriting loss of $8m (£4.9m) and a combined operating ratio (COR) of 101.3%, only a slight deterioration on last year (101.2%: 2011).
Markel International achieves huge improvement in Q1 COR
Markel International has delivered $277.6m (£141.3m) of GWP in the first quarter of 2012, a 9% increase on the same period last year ($255m).
RSA chief welcomes tough conversations with consolidators
RSA’s UK and Western European CEO Adrian Brown has revealed that having former colleague Brendan McManus and counterpart Mark Hodges running consolidators such as Giles and Towergate respectively was a help, rather than hindrance.
Number of chartered brokers nears the 100 mark
The Chartered Insurance Institute’s (CII) drive for professionalism has seen 12 insurers and 94 broking firms commit to chartered status according to its annual review of 2011.
New D&O and HNW insurer enters UK market
XN Financial Services (UK), a subsidiary of Montreal-based XN Holdings, has received UK accreditation from the Financial Services Authority authorising it to operate in the UK.
Moss to receive £500,000 on top of basic salary
Andrew Moss will receive his basic salary in lieu of twelve months’ notice in accordance with his contract when he leaves Aviva at the end of May.
MGA offers new management liability policy to SMEs
Manchester Underwriting Management (MUM) has launched a new management liability policy for SMEs.
Hiscox reports improved GWP for UK arm
Hiscox has delivered gross written premium of £450.7m for the first three months of 2012, a slight decline from £453.5m in the same quarter of 2011.