Legal & General (L&G)
Travelers appoints Willis man as Europe COO
Travelers has appointed Matthew Wilson as chief operating officer (COO), Europe, which includes responsibility for its UK operations.
Barclays overtakes Lloyds as biggest PPI offender
Barclays Bank has overtaken Lloyds TSB as the source of the most payment protection insurance (PPI) complaints, according to figures from the Financial Ombudsman Service (FOS).
Axa Assistance takes intermediary chief from L&G
Axa Assistance UK has appointed Adam Smith as sales director from Legal & General Insurance (L&G) where he was head of intermediary accounts.
L&G remains upbeat despite profit drop
Legal & General has remained optimistic in the face of falling 2012 half-year profits for its insurance arm.
L&G's half-year insurance profits halved after bad weather
Legal & General (L&G) saw its general insurance arm operating profit plummet by more than half to £8m for the first half of this year compared to 2011.
L&G reports 17% hike in general insurance premiums for Q1
Legal & General (L&G) has reported gross premiums of £83m for the first quarter of 2012.
Products roundup: Telematics take up gains pace
There were a wide range of products launched in the last month, with numerous markets catered for, from equine risks to vacant commercial properties.
Products: Income protection products still relevant, L&G says
Legal & General (L&G) has launched Lifestyle Cover, a new short-term income protection product.
LV hires claims director from American Express Insurance
LV has appointed Chris Rolland as claims director responsible for overseeing all aspects of claims within LV's general insurance business.
L&G launches new income protection product
Legal & General has launched Lifestyle Cover, a new short-term income protection product.
L&G GI returns to profit, with 18% COR improvement
Legal & General has reported profit of £42m for its general insurance arm in 2011, up £50m from an £8m loss the previous year.
Escape of water costs home insurers £730m a year
Legal & General (L&G) has calculated that insurance claims for escape of water damage in UK homes cost the insurance industry £730m in 2010, nearly double the £370m cost of burglary claims over the same period.
Breedon to leave L&G
Legal & General (L&G) has announced that group chief executive, Tim Breedon, will be retiring from the company at the end of 2012.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
L&G hires new broker director ahead of personal lines push
Legal & General’s general insurance business has appointed Mark Holweger to the new role of broker and intermediary director.
Axa recruitment signals "core market growth"
Axa Assistance UK today announced the appointment of Kelly Ward as sales and marketing director with a view to accelerating growth in the motor, property, health and legal assistance sectors.
L&G warns of increase in burglaries
Legal & General (L&G) has queried the findings of the British Crime Survey which reported a 14% increase in burglaries in England and Wales but found “no evidence” that the recession is having an impact on overall crime figures.
Post Intelligence Benchmarking: How do insurers measure up in the high net worth market
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.
Fraud costs UK over £38bn each year, according to NFA report
The National Fraud Authority (NFA) has reported that fraud costs the UK over £38bn a year with insurance fraud accounting for £2.1bn.
Finch to replace Graham at L&G
Finance director from Lloyds' European financial services arm set to replace Graham after his promotion
News Analysis - Broker growth: A step up before the cuts
In the last three months, the financial sector grew at its fastest since June 2007 according to research from PricewaterhouseCoopers and the CBI, which was good news for brokers.
Broker Hastings appoints new financial controller
Broker Hastings Direct has appointed Joy Butler as its new group financial controller.
L&G insurance profits increase to £14m for H1 2010
Legal & General’s (L&G) insurance division has reported a rise in operating profit to £14m for H1 2010, compared to £6m for the same period last year.
L&G creates insurance sales and marketing role
Legal & General has announced the appointment of Gary Pickering to the new role of sales & marketing director for its general insurance business.