Insurer
Product launches: MMA initiates variable rates
Broker-only insurer MMA has introduced variable commission rates for brokers transacting new business for MMA's Master Tradesman product.
CFC suite to tackle risks arising from digital media
Specialist lines underwriting agent CFC aims to address a host of emerging media risks including social networking with its new suite of products.
NIG exit sparks RSA return to personal lines
RSA has expressed a renewed appetite for personal lines business after admitting it had previously been "deliberately underweight" in this area.
Allianz head urges industry to match motor hikes
Allianz chief executive, Andrew Torrance, has called on the market to push up rates, as he promised further double digit increases in private motor in 2011.
RBSI puts operating loss down to bodily injury claims injection
The chief executive of Royal Bank of Scotland Insurance said its results were heavily impacted by the need to boost its reserves for bodily injury claims after reporting a £253m operating loss for H1 2010 (H1 2009: £217m profit).
Groupama reports stagnant broking revenues
Combined revenues of Groupama Insurances' UK broking businesses have remained relatively flat at £33.3m during H1 2010 (H1 2009: £34.1m).
Aviva boss lists three reasons for fall in GI operating profits
Aviva's UK general insurance chief executive, David McMillan, said the dip in the insurers' general insurance and health operating profits was due to its decision to release fewer reserves this year.
Employee risk costs could soar under retirement proposals
The Government's decision to scrap the default retirement age from October 2011 could lead to key benefits becoming uninsurable for older employees, Mercer has warned.
Birmingham exposed as worst 'crash for cash' area
Birmingham has topped the Insurance Fraud Bureau's (IFB) top 20 league table of crash for cash hotspots in Q2 2010.
Claims farming clampdown needed to cut motor costs
The insurance industry must tackle the ongoing rise in claims farming in order to reduce overall motor claims costs, according to a recent report issued by Defaqto.
Power hour debate appeals for 'remote' CII to give helping hand
The Chartered Insurance Institute (CII) has been accused of being "London-centric" and remote at an Insurance Age roundtable event in Newcastle.
Further changes at Brit as distribution boss bids farewell
Brit Insurance's head of distribution Tim Grant is leaving to join Dual Corporate Risks, Insurance Age can reveal.
NTR pilot to ease complex business underwriting
Broker Network is piloting a network trading room (NTR) environment that aims to allow members to place complex commercial risks.
Potential Aviva sale to shape outlook for composites
The future of the composite model remains uncertain as the industry waits to see if another insurance giant will swoop on Aviva's general insurance arm.
Motor insurers' excuses for poor results rejected
Insurer claims that increases in bodily injury costs are to blame for poor performance in the private motor market may be misleading, according to industry experts.
Thistle establishes professional liability practice with new hire
Thistle Insurance Services, a member of the Jardine Lloyd Thompson (JLT) Group, has appointed Zahid Naqvi, as director of its professional liability practice.
Quinn's UK commercial insurance ban stands
The Irish regulator and the Central Bank have confirmed an earlier decision that prevents Quinn Insurance writing commercial insurance in the UK.
CII launches cheaper student membership scheme
The Chartered Insurance Institute is launching a reduced-price membership scheme for UK university students to attract more talent to the insurance and financial planning sectors.
Insurance Age blog: Can brokers save the industry's cred?
Since I started writing for Insurance Age in July last year I have heard so much said about how the public perception of insurance needs to change.
Arc wins Aviva contract
Arc Legal Assistance has been appointed by Aviva as provider of its household and travel legal expenses to a significant proportion of its personal lines customers.
European trade credit insurance market turns corner in 2010, according to Marsh
New insurance capacity, increased competition for business among insurers and improved risk management have led to positive developments for buyers of trade credit insurance across most of Europe in 2010, according to Marsh.
Landlords need to protect against increased dope farming
Following a recent report by the Association of Chief Police Officers (ACPO) highlighting the breadth of cannabis farming in the UK, Aviva has warned property owners to be vigilant when vetting potential tenants, as well as inspecting their properties,…
Axa selects Martin Eyres to lead mid corporate risks
Axa has appointed Martin Eyres as head of mid corporate risks.
Ecclesiastical pulls out of the London market
Ecclesiastical has announced its plans to cease underwriting London market business and begin the run-off of the existing portfolio of its subsidiary Ecclesiastical Underwriting Management (EUM).