News
AIG sells Latin American and CEE operations to Fairfax Financial for $240m
Insurer says sales are part of focusing on major economies with greatest profitable growth potential.
Autonet to expand in affinity, home and SME
MD Ian Donaldson says broker will add over 200 jobs in the next two years.
Autonet to create 260 new jobs
Move follows sale to HPS Investment Partners.
BP Marsh considers Besso sale
Results for 2015 show Besso has seen a 16% increase in revenues and Ebitda of £4.2m.
ABI reveals plan to reduce motor insurance cost
Lifting the Bonnet report outlines five key points to tackle higher insurance premiums including capping IPT.
IIGL to support Gable brokers
MGA to help brokers replace construction business following the news that Gable has gone into administration.
Lucas Fettes turnover hits £16.2m
Operating profits are £854,000, up from £552,000 in 2015 but profit before tax falls to £1.1m from £4.3m the previous year.
#Insagepeople: 17 to 23 October 2016
Keep up to date with all the latest people moves.
Former Thistle MD joins JRW Group
Paul Williams takes up the role of executive chairman at the niche insurance specialist.
Stackhouse Poland posts steady profits for 2015
Profit after tax reaches £1.4m as it did in 2014 and turnover grows but operating profit falls.
Legal & General and Prestige underwriting team up on home market
Strategic partnership announced aimed at the non-standard home market in the UK.
Broking Break: Your top five of the week
It’s been a busy week in insurance. In case you missed them, here are the five most popular stories.
Quizzical Questions: 14 October 2016
Test your knowledge of the week's news with our topical news quiz.
Ageas on track to meet year-end deadline for updates to private car rating structure
Boisseau details the insurer’s philosophy on supporting all brokers.
Insurers demand action on halted whiplash reforms
ABI warns if government caves in to vested interests of ambulance chasers and cold callers, those businesses will be laughing all the way to the bank.
Acturis opens Birmingham office
Software specialist makes first addition to UK office footprint and targets 50 staff by the end of 2018.
Biba tells Gable brokers to co-operate with administrator
Steve White urges brokers to complete in depth due diligence on unrated insurers and says Biba is close to releasing a tool to help with this.
Whiplash proposals shelved - reports
Ministers are believed to be "unenthusiastic" about the proposals.
Video: Newcastle regional review - part two
The second half of Insurance Age's meetings with brokers in the North East.
Gable enters administration
PwC has been appointed special administrator for the Liechtenstein-based insurer as Dewsall says Solvency II obligations “impossible”.
SSP says there is “disconnect” between service expectations and reality
SSP CEO Laurence Walker speaks out and says that increased scrutiny from the FCA was timely.
Jackson Lee Underwriting leisure division launches
Products available to brokers through its online platform, ABEL.
Swinton focuses on "simplify" strategy as profits drop 26%
Company secretary, Annabel Wilson, stated in the accounts statement that the market continued to remain very competitive in 2015, with lower volumes leading to the reduction in turnover.
Average comprehensive car premiums continue to rise
Research says higher repair costs and increase in Insurance Premium Tax are behind the rising premiums.