Insurance news

• Care home cover yet to reach crisis point - CII

  04-03-2015 17:24
  Insurers still willing to cover sector despite high profile exits, new study finds
  
  Read more

• Two hundred Belfast-based Ageas Retail jobs at risk

  04-03-2015 16:50
  
  Firm enters 90 day consultation period with staff over office closure.
  
  Read more

• Up to 200 sales jobs at risk at Ageas Retail

  04-03-2015 16:45
  Company has entered into 90-day consultation with employees over the potential closure of its Belfast operation
  
  Read more

• 200 jobs at risk as Ageas Retail plots closure of Belfast site

  04-03-2015 16:45
  
  Callum Brodie Postonline
  
  
  Ageas Retail is planning to close its outbound call centre in Belfast and has entered a 90 day consultation period with the office’s 200 staff.
  
  Read more

• Advertisement

• Profit jumps at MCE

  04-03-2015 16:42
  
  Broker reveals increase in turnover for 2014.
  
  Read more

• Henderson cancels office opening in Glasgow

  04-03-2015 16:40
  
  Broker still planning to expand in Scotland.
  
  Read more

• CFC poaches AIG cyber head

  04-03-2015 15:37
  MGA hires Bouloux to target big corporates
  
  Read more

• L&G aims for broker GWP growth in 2015 after Ageas panel exits

  04-03-2015 14:06
  Insurer has secured ‘a number of new distribution deals’, says broker business head Mark Holweger
  
  Read more

• Advertisement

• Two-thirds of consumers not happy with insurers' phone handling

  04-03-2015 14:03
  
  James Verrinder Postonline
  
  
  Less than a third of British consumers are happy with the way insurers handle their phone calls, according to new research conducted on behalf of PH Media Group.
  
  Read more

• Marsh call for all-risk BI gets industry backing

  04-03-2015 13:30
  
  Katie Marriner Postonline
  
  
  The industry has backed a call from global broker Marsh to overhaul business interruption policies and make them more relevant to modern customer demands.
  
  Read more

• L&G GI chief questions long-term pricing approach of rivals

  04-03-2015 13:20
  
  Francesca Nyman Postonline
  
  
  Legal & General's approach to long-term home insurance pricing means it is in a more favourable position than certain market peers, according tot he firm's general insurance boss Mark Holweger.
  
  Read more

• Holweger sees “huge opportunities” with brokers for L&G

  04-03-2015 13:20
  
  Provider chief hails “strong profit performance” and growth.
  
  Read more

• Howard Green to replace Marshall as Besso Limited chief executive

  04-03-2015 12:28
  Colin Marshall announced his retirement last Friday
  
  Read more

• Insurers urged to “maximise potential of data revolution”

  04-03-2015 12:27
  
  ABI director general Huw Evans urges insurers to “have the stomach” work together to gain customer trust on data usage.
  
  Read more

• Howard Green to become CEO of Besso

  04-03-2015 12:17
  
  His appointment follows the resignation of Colin Marshall.
  
  Read more

• Post magazine – 5 March 2015

  04-03-2015 11:57
  
  Post Online Postonline
  
  
  The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
  
  Read more

• Torus CEO "pleased with progress" under Enstar

  04-03-2015 11:52
  
  James Verrinder Postonline
  
  
  Enstar Group has reported Taurus Insurance's results for the final three quarters of last year.
  
  Read more

• ABI director general outlines data revolution opportunities

  04-03-2015 11:19
  
  James Verrinder Postonline
  
  
  Huw Evans, the director general of the ABI, has told insurers that they need to continue to tackle reputational challenges and gain greater public trust if they are to maximise the potential of the data revolution.
  
  Read more

• Nationale Suisse sells Belgian travel portfolio to Mapfre

  04-03-2015 11:10
  Francesca Nyman Postonline
  
  
  Swiss insurer Nationale Suisse has agreed to sell the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia, a subsidiary of Spanish insurer Mapfre, for an undisclosed fee.
  
  Read more

• Fosh: Novae focusing on organic growth amid M&A talk

  04-03-2015 11:03
  Company plotting casualty excess-of-loss division following hire of Aspen’s Bob Patten
  
  Read more

• Hancock steps down as chair of Biba’s smaller brokers board

  04-03-2015 10:37
  
  Andrew Gibbons moves up from deputy to lead board with Ashley Rogoff.
  
  Read more

• GWP flat at L&G in 2014

  04-03-2015 10:10 via insuranceage.co.uk
  
  Provider’s general insurance operating profit drops 14.5%.
  
  Read more

• JLT says Towergate was never in its sights

  04-03-2015 10:09
  
  Broker not interested in consolidator despite snapping up some elements of the business.
  
  Read more

• L&G 2014 GI profits hit by £12m cost of last winter's storms

  04-03-2015 10:04
  
  Callum Brodie Postonline
  
  
  Adverse weather at the start of 2014 has been cited as a major factor behind a £10m reduction in operating profit within Legal & General’s general insurance business.
  
  Read more

• Novae posts record GWP figures for 2014

  04-03-2015 09:38
  
  Callum Brodie Postonline
  
  
  Lloyd’s insurer Novae Group posted a 1% drop in profit before tax and foreign exchange in 2014, despite delivering record gross written premium of £638.5m last year (FY 2013: £590.3m).
  
  Read more

• Novae 2014 profit jumps 46% thanks to foreign exchange gains

  04-03-2015 09:12
  £638.5m GWP ‘highest in company’s history’
  
  Read more

• Weather claims cut L&G GI 2014 profit by 14%

  04-03-2015 08:40
  COR increases by three points to 87% after £12m of additional claims
  
  Read more

• Claims Excellence Awards 2015: Deadline extended - enter now

  04-03-2015 08:00
  Companies now have until 9 March to enter, with 14 awards up for grabs
  
  Read more

• Marcia makes Suncorp exceed natural catastrophe provision

  04-03-2015 04:28
  
  Andrew Tjaardstra Postonline
  
  
  Australian financial services group Suncorp has said Cyclone Marcia will cost its insurance arm at least A$120m (£61m).
  
  Read more

Follow @Insurance_UKnws on Twitter!