Insurer
AEGIS brings in new non-exec
AEGIS London has appointed former HCC chief underwriter as non-executive director.
Towergate Underwriting builds corporate partnership team
Towergate Underwriting has appointed Eileen McFadden as corporate partner development manager.
Quinn's wife ordered to repay €3m loan
Patricia Quinn, wife of bankrupt businessman Sean Quinn, has been ordered to repay more than €3m (£2.6m), to the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank, according to the Irish Times.
Insurance Age blog: Go compare
I don’t often get the chance to write about lovely Norn Iron (say Northern Ireland in the accent if you don’t get it), the place where I was born, grew up, and will very soon be heading back to for a typically hectic Christmas, therefore when I see an…
Quinn family continue to fight €2.3bn loan claim
The wife of bankrupt businessman Sean Quinn claims she does not have to repay a €3m bank loan because she is a homemaker, was unduly influenced by her husband and regularly signed documents he put in front of her without reading them.
RAC loses managing director
Angela Seymour-Jackson has resigned from the managing director role at RAC and will be leaving the group in January 2012 to pursue other business interests.
Groupama clings on to investment grade status as Aviva is monitored
Groupama SA has suffered a further downgrade to its credit rating as Standard & Poor’s (S&P) lowered the insurer’s status from BBB to BBB-, the final grade before junk bond status.
ABI questions Ombudsman's publishing policy
The Association of British Insurers (ABI) has questioned the Ombudsman’s policy of publishing all its decisions.
Canopius appoints new UK chief
Canopius Group has appointed a new group chief executive responsible for the UK business.
Three new directors for MGAA
The Managing General Agents Association (MGAA) has appointed three new directors to its board.
Groupama claims financial strength boost with sales
Groupama SA is to sell its share in real estate company Silic to government owned finance organisation Caisse des Dépôts (CDC) who will also be making a €300m (£251.9m) investment in the French insurer.
ABI welcomes launch of OFT motor investigation
The Association of British Insurers (ABI) has responded to the news of a further investigation into the UK motor market by insisting that insurers were committed to providing the best possible deal for customers.
Chubb expands roles of specialty insurance team
Chubb Insurance has made four senior appointments to its UK and Ireland specialty insurance division.
Chubb enters European cyber protection market
Chubb has launched a cyber security insurance product for companies in Europe.
OFT launches third party repair and credit hire investigation
The Office of Fair Trading (OFT) has launched an investigation into the provision of third party vehicle repairs and credit hire replacement vehicles in the UK motor market.
Admiral ponders creation of law firm
Admiral is considering setting up its own personal injury law firm in light of the developments to legal firms’ ownership under the alternative business structure changes.
Homeserve to outsource complaints handling
Homeserve is to outsource its complaints handling next year following an internal review.
Insurers react to S&P downgrade warning
Axa, Aviva and Allianz have responded to the news that insurers could face a downgrade in their credit ratings by highlighting the link to the negative watch recently placed on Eurozone member countries.
RSA exits broker motorcycle market
RSA’s Personal Lines Broker has announced its decision to pull out of the UK motorcycle insurance market.
Major insurers hit by credit rating warning
Axa, Allianz and Aviva groups are among 15 insurers that Standard & Poor's (S&P) have warned face a downgrade in their credit rating.
Hiscox awarded chartered status
Hiscox has been awarded corporate chartered insurer status by the Chartered Insurance Institute (CII) for their London market business.
Firstassist sold by venture capitalist owners
Firstassist Legal Expenses Insurance is to be acquired from Equistone Partners Europe by Burford Capital.
QBE rebuilds Europe team
QBE has appointed Judy Holt as head of business development, European markets.
Groupama could be headed for junk bond rating
Groupama SA has suffered further bad news on its credit rating status with Standard & Poor’s warning it could lower the group to junk bond status.