Insurer
Editor's comment: Change regardless of blame
The floods in Pakistan and fires in Russia might or might not be caused by manmade global warming but they are the kind of incidents that the bulk of the scientific community are predicting more of if we continue to spew carbon dioxide into the…
MP banned after driving without insurance
Bolton South East MP Yasmin Qureshi has been banned from driving for six months after being caught using her mobile phone while driving without insurance, according to the BBC.
Quinn confirms withdrawal from solicitors' PI
Quinn Insurance has confirmed today that it will not be re-entering the solicitors’ professional indemnity insurance market in England and Wales this year.
Brit loses distribution head Tim Grant
Brit Insurance's head of distribution Tim Grant is leaving to join Dual Corporate Risks, Insurance Age can reveal.
BCIS study reveals nearly a third of UK home insurance policies are incorrect
Homeowners may have paid the wrong premium for their buildings insurance if they insured for market value rather than rebuilding cost, according to The Building Cost Information Service (BCIS).
RSA warned to raise Aviva offer to £8bn
RSA will have to raise its offer for Aviva’s general insurance business by 60% to £8bn to seal the deal, according to a report in the City AM newspaper.
Ace raids Chartis and Aviva for Birmingham team
Ace has announced two new appointments to its Midlands regional management team.
QBE reports rise in European profits
QBE European Operations has reported a rise in pre-tax profit to US$222m for H1 2010, compared to $213m for the same period last year.
PB Week: Thinking about motor rates
Further to the news that car insurance premiums have jumped 14.2% in the second quarter 2010 it was interesting to note NIG's recent announcement that they were changing their strategy and moving away from the personal lines market, writes Paul Muir,…
Ray Cox lands Brit CEO role ahead of Burrows retirement
Mr Cox will replace Peter Burrows as chief executive officer of its UK strategic business unit. The appointment is effective from 1 September 2010.
RSA responds to press speculation about Aviva
RSA has confirmed that it put forward a proposal to Aviva to acquire its UK, Canadian and Irish general insurance businesses excluding RAC and Health for £5 billion in cash.
Allianz's half year results show GWP rise but profits drop
As part of Allianz’s half year results CEO Andrew Torrance has promised further double digit rate increases in private motor and said there was a “prospect of underwriting profit” in this area in 2011.
Aviva confirms rejection of RSA's £5bn GI offer
Aviva has confirmed it received a conditional proposal from RSA to acquire its general insurance (GI) businesses in the UK, Ireland and Canada excluding RAC and health for a sum of £5bn funded entirely from a rights issue by RSA.
Aviation cover on offer from Allianz
Allianz Commercial is offering an aviation products liability solution for commercial customers underwritten by the specialist aviation team at fellow Allianz SE Group member, Allianz Global Corporate & Specialty.
Aviva shares climb following reports of audacious RSA approach
According to Sky News, RSA has put in an offer to Aviva for its entire general insurance arm
Personal Finance Society appoints ‘champions’ to promote chartered status
The Personal Finance Society has appointed 21 financial planners as ‘chartered champions’ across the UK.
Lucas Fettes launches motor trade scheme for classic car market
Lucas Fettes has launched a new bespoke classic car scheme for the motor trade underwritten by Brit Insurance.
Brit nominates former Zurich chief for top financial role
Brit Insurance is set to appoint a new group chief financial officer to replace the departing Matthew Scales.
PB Week: Bringing a scheme to life
In my role I see lots of scheme propositions from brokers. Some are well established and others are in their early stages. So what makes a scheme a success?
Mervyn King warns UK economy facing “choppy” recovery
The Bank of England has cut its growth forecasts for the UK economy to around 3% for the next two years, down from its previous prediction of around 3.5%.
Beachcroft calls FSA’s PPI policy statement ‘very bad news’
Law firm Beachcroft has criticised the FSA’s policy statement on payment protection insurance.
Ace joins PowerPlace panel
Ace has joined PowerPlace’s panel of insurers and will be making its directors & officers’ product available from 24 August.
Obituary of Allan Bridgewater
Allan Bridgewater, former chairman of the Association of British Insurers, president of the Chartered Insurance Institute and leader of Norwich Union died on 5 August aged 81.
Report: motor insurance at a "crossroads"
Insurers need to change their marketing message in the personal motor market, research in the sector has revealed.