News
Jelf opens first London office
Jelf has announced the opening of a new office in London as it looks to build its presence in the capital.
Smith praises transformation at Ageas
Barry Smith, chief executive of Ageas UK, has declared that the insurer's recent results were evidence of a step change and transformation at the insurer.
Miller strengthens corporate risks team
Miller has appointed Mark Hicks as head of client management, expanding its corporate risks team.
CBI cuts growth forecasts
The Chartered Business Institute (CBI) has cut its growth forecast for the UK but called on the chancellor to stick to ‘Plan A’.
Admiral issues profit warning over PI claims
Admiral warned that personal injury claims continue to impact the business’ profits as it announced its third quarter results.
Profits and growth at Ageas
Ageas Insurance has revealed a 16.8% rise in gross written premiums to £822.5m and an improved combined operating ratio of 99.8% for the first nine months of 2011, compared to 104.9% in the same period last year.
Insurance premiums up 500% in flood areas, MP says
Diana Johnson MP has claimed that homeowners in flood risk areas have seen insurance premiums rise by up to 500% and called for a review looking into the cost.
Markel reports improved GWP but combined ratio suffers
Markel International has reported gross written premiums (GWP) of $194.2m (£120.8m) for the third quarter of 2011, compared with $178.7m for the same period of 2010.
Groupama mulling over sale of assets or stake
French mutual insurer Groupama is reportedly considering the sale of a stake in the company to outside investors or selling some assets as it bids to strengthen its capital and restore its solvency margin.
Sterling secures partial Chartered status
Sterling Insurance Group’s personal lines, commercial underwriting and claims divisions have received Chartered Insurer status from the Chartered Insurance Institute (CII).
JLT says rating environment remains weak
Jardine Lloyd Thompson Group (JLT) has reported trading performance in line with expectations for the period 1 July to 7 November.
Oxygen to sell all assets
Oxygen Holdings is to dispose of all its assets after the sale of Robertson and Taylor for an undisclosed sum.
Arista appoints new broker contact in North East
Arista Insurance promoted Neil Wormald to the role of branch manager for the North East of England.
MMA boosts regional teams
A 50% growth in regional bespoke business is behind MMA’s decision to expand its regional teams.
Quinn relaunch suffers week delay
The relaunch of Quinn Insurance as Liberty Direct, due to take place on 7 November, has been postponed until 14 November due to complications with Quinn Group’s bondholders, according to reports.
MSL and Financial and Legal strike deal
MSL Legal Expenses has signed a three-year deal with Financial and Legal Insurance to provide personal and commercial lines legal expenses insurance (LEI).
Premiums rise at Hiscox UK but dip in London market
Hiscox UK has increased gross written premiums (GWP) by 13.4% but witnessed a decline of over £20m in its London market business for the first nine months of the year.
The Big Idea: winner revealed
Stuart Garforth, of L Wood Insurance Brokers in West Yorkshire, has won the Big Idea competition.
Stackhouse Poland buys Croydon-based broker
Stackhouse Poland has acquired Sutton Meears & Co for an undisclosed sum.
CII promoting young blood
The Chartered Insurance Institute (CII) has brought together 28 young insurance professionals to create three New Generation Groups.
Towergate Financial chief executive steps down
Ian Darby has stepped down as chief executive of Towergate Financial and will be replaced by current chief operating officer Dan Saulter.
Aviva appoints UK chief risk officer
Aviva has appointed John Lister as UK chief risk officer effective March 2012.
Insurance Age blog: fighting the threat of regulation
Well we've chalked off yet another Broker Expo and again it attracted a record number of brokers - over 750 made the journey to Coventry this year.
Aviva Ireland faces strike threat over redundancies
Union members at Aviva Ireland have voted to take industrial action if the 950 jobs being axed are threatened before agreement is reached with staff.