News
Survey reveals brokers sure of business growth
More than three quarters (78%) of insurance brokers polled in a survey for Mapfre Assistance said they were confident about business growth prospects in the next 12 months, with 27% saying they were very confident about business growth.
Catastrophes push Markel's COR up to 152%
First quarter results for Markel International have revealed a combined operating ratio of 152% compared to 109% for the same period of 2010.
What the Papers Say
Bluefin's marketing guru Peter Elliott joins Liz McMahon, senior reporter at Insurance Age and the magazine's editor Martin Friel to discuss the trade press' biggest stories.
Axa's UK commercial motor revenues jump by 21%
Axa’s results for Q1 2011 have shown a 2% drop in total revenues to €28bn (£25.2bn) from the same period last year.
New insurance MD for Barclays
Barclays has appointed Kieran Murphy to the role of managing director of Barclays Insurance for the bank's UK retail business.
Part 3 - Countdown to Biba 2011: broking opportunities in adversity
With the British Insurance Brokers' Association conference now days away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss some of the major issues which are likely to come to the fore in…
Willis' net income for Q1 2011 drops by £103m
Willis Group Holdings first quarter results for 2011 have revealed a reported net income of $34m (£20.6m), or $0.20 per diluted share, compared with $204m, or $1.20 per diluted share, in the same period a year ago.
Junction makes senior partnership appointment
Junction, an insurance affinity specialist firm, has appointed Derek Henry as the new director of corporate partnerships.
Lloyd's broker sells majority share of business ahead of acquisition drive
Tasker & Partners has sold a controlling interest of its business to newly formed Tasker Ventures (TV) as part of a private equity deal.
PPI meeting hopes to quash bad blood in industry
A meeting has been scheduled between the old payment protection insurance (PPI) market and the long term income protection market.
Paymentshield unveils broker website plans
Paymentshield has launched a new consumer facing website designed to help brokers discussing its products with consumers.
Insurance Age launches new broker-only technology event
A new event to help bring brokers up to date with the latest trading technologies and how they can improve their businesses, has been launched.
Aon survey ranks top 10 business risks
Global business leaders identified economic risk as the greatest threat they faced today, according to the findings of Aon’s 2011 Global Risk Management Survey.
Latest insurer signs up to Aldermanbury Declaration
Sterling Insurance has signed up to the Chartered Insurance Institute’s (CII) Aldermanbury Declaration.
Howden snaps up professional indemnity specialist, PYV
Hyperion’s broking subsidiary, Howden Broking Group, has acquired the core broking activity of professional indemnity specialists, PYV.
HNW broker MWA opens Liverpool office
Mercury West Associates (MWA) has opened its first North of England branch in the city of Liverpool.
Allianz continues roll out of household range to brokers
Allianz Retail has launched its Clear household range on Acturis, forming the next stage of its product roll out to brokers.
Hastings Direct hires new CFO as it prepares for listing
Ahead of its planned IPO next year, Hastings Direct has appointed Mark Adams as the new chief financial officer (CFO).
Tysers takes on corporate governance expert
Tysers has hired Trevor Newbery as an additional non-executive director.
Brit appoints professional risks portfolio manager from within
Brit Insurance has appointed Daniel Mitchell as UK portfolio manager, professional risks.
Central boosts Aberdeen presence with strategic acquisition
Central Insurance has acquired long-established Aberdeen firm Collins Halden & Burnett in a £2.6m deal.
New directive on insurance intermediaries: a serious warning against excessive regulations from Brussels
The new Intermediaries Directive (IMD2), coming less than a decade after the implementation of IMDI, will re-shape the entire regulatory environment for insurance distribution in each of the 27 EU member states.
Police fraud investigation results in eight convictions
A total of five men and three women, from across the UK, have been convicted at Leicester Crown Court for their part in a car insurance fraud scam worth tens of thousands of pounds.
Insurance Age blog: Calm down dear?
David Cameron shocked the Commons at Prime Minister's Question Time this week when he shouted "Calm down dear" to shadow Treasury chief secretary, Labour MP Angela Eagle.