Insurance news

• Video: The Knowledge Live - Spotlight on Claims

  07-05-2015 15:39
  Watch our video from the latest instalment of The Knowledge Live from Glasgow
  
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• In pictures: The Claims Excellence Awards 2015

  07-05-2015 15:27
  View our picture gallery from last night’s awards ceremony
  
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• Willis Re’s Peter Hearn to take helm at Guy Carpenter

  07-05-2015 15:17
  Marsh chief executive Peter Zaffino named chairman of risk and insurance services
  
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• Seventeen Group acquires London broker

  07-05-2015 14:14
  Thompson and Partners specialises in credit and marine insurance
  
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• Blanc completes private equity-backed MBO of Aston Scott

  07-05-2015 13:57
  Andrew Scott will step down as chairman but will remain as a significant investor in the business
  
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• Markerstudy launches affinity 'super division'

  07-05-2015 13:47
  
  Callum BrodiePostonline Gibraltar-based personal lines insurer Ultimate Insurance Company co-founder Paul Hampshire will lead a new affinity “super division” launched by Markerstudy Group.
  
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• Markerstudy forms new affinity division

  07-05-2015 13:41
  Unit will fuse Ultimate Pet Partners, BDML Connect and Supercover
  
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• RSA UK hires transformation head as Lewis builds his top team

  07-05-2015 13:24
  Insurer close to naming new UK and Western Europe COO
  
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• RSA boss Lewis hopeful for Irish division turnaround in 2016

  07-05-2015 13:08
  
  Katie Marriner Postonline RSA UK and Western Europe CEO Steve Lewis is confident the insurer's Irish business will be moving towards profitability in 2016, but has admitted there is still a lot "heavy lifting" to do in the division.
  
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• John Sims to leave AIG

  07-05-2015 12:54
  
  James Verrinder Postonline John Sims, the current head of UK private client group at AIG, has decided to leave the business and return to running his insurance consultancy business.
  
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• Sims to leave AIG Private Client Group

  07-05-2015 12:53
  John Sims is returning to his insurance consultancy business
  
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• Aston Scott confirms Blanc buyout

  07-05-2015 12:52
  
  Peter Blanc completes management buyout and will join as executive chairman with Andrew Scott staying on as an independent consultant.
  
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• Insurance Times Awards 2015 now open for entries

  07-05-2015 12:10
  Get your entry in now to be in with a chance of picking up one of the 26 awards on offer
  
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• Zurich COR shrinks to 93.5%

  07-05-2015 11:59
  
  Combined ratio for UKGI business drops 3.5 points as operating profit grows 30% to £47m.
  
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• Plum launches landlords and holiday homes products

  07-05-2015 11:58
  
  Provider says new products will help brokers win and retain profitable business.
  
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• Reserve releases and low cat losses aid 30% rise Zurich UK GI profits

  07-05-2015 11:51
  
  Callum BrodiePostonline Zurich’s UK general insurance CEO Vibhu Sharma has described a 30% rise in business operating profit as “the obvious highlight” in his firm’s opening quarter results for 2015.
  
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• Reserve releases and low cat losses aid 30% rise in Zurich UK GI profits

  07-05-2015 11:51
  
  Callum BrodiePostonline Zurich’s UK general insurance CEO Vibhu Sharma has described a 30% rise in business operating profit as “the obvious highlight” in his firm’s opening quarter results for 2015.
  
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• All Party Group: What happens next?

  07-05-2015 11:33
  
  David Worsfold Postonline
  
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• Esure posts first quarter GWP increase

  07-05-2015 11:26
  
  James Verrinder Postonline Esure has reported an increase in gross written premiums for the first three months of 2015 in an interim management statement released today (7 May).
  
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• Markel reports 83% Q1 combined ratio

  07-05-2015 11:22
  
  Katie Marriner Postonline Markel Corporation saw a more than 10 percentage point improvement in its combined ratio for the first quarter of 2015 to 83% from 95% in Q1 2014.
  
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• Zurich UKGI profit rises 30% in Q1

  07-05-2015 11:22
  COR improves to 93.5% but GWP drops 2.1%
  
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• RSA sees increase in UK net written premiums

  07-05-2015 11:20
  
  Insurer reports 9% rise in UK commercial NWP in the first quarter of 2015.
  
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• Europe: Piracy risks moving from Africa to Asia

  07-05-2015 11:17
  
  Captain Rahul Khanna Postonline Although there has been good progress tackling piracy in both East and West Africa, ensuring global attacks declined for a fourth year in a row last year, it continues to thrive elsewhere.
  
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• Aviva's Wilson outlines stance on ‘Brexit' ahead of potential referendum

  07-05-2015 11:14
  
  Katie Marriner Postonline Aviva is keeping a close eye on the proposed European Union membership referendum that would take place under a future Conservative government, with group CEO Mark Wilson playing down the insurer's exposure to such a move.
  
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• Aviva’s Wilson and Tulloch hail return to growth in UKGI

  07-05-2015 11:07
  Tulloch says company has ‘strong pipeline’ of new business
  
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• Telematics performance bolsters RSA personal motor growth in Q1

  07-05-2015 11:05
  
  Callum BrodiePostonline RSA has attributed “strong performance” in its telematics offering as the driver of 14% growth within its UK personal motor business, which chalked up £57m of net written premiums in the first quarter of 2015 (Q1 2014: £50m).
  
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• Aviva net written premium up to £855m

  07-05-2015 11:03
  
  Q1 results show net written premium grows 1% to £855m.
  
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• Markel sees combined ratio drop to 83%

  07-05-2015 10:34
  
  Combined ratio falls from 95% in Q1 2014 to 83% in Q1 2015 and insurer sees opportunities in UK.
  
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• Webinar: E-trading complex risks now on demand

  07-05-2015 10:10
  
  Our exclusive webinar examining e-trading complex risks featuring Aviva, Acturis and Insurance Octopus is available now.
  
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• Biba 2015 Video: Ageas

  07-05-2015 10:05
  
  Cathy Taylor, head of commercial underwriting and operations at Ageas UK talks about the insurers growth plans and highlights its small fleet product launch.
  
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• Biba 2015 Video: Regulatory Efficiency Gains

  07-05-2015 10:00
  
  Michael Phair, director of Regulatory Efficiency Gains tells all about how its products can help brokers with compliance and risk assessment.
  
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• Hastings names Mike Fairey non-exec chairman

  07-05-2015 09:44
  Fairey will start in the role on 1 June
  
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• The Burley Group reveals ambitious growth plans

  07-05-2015 09:42
  
  MD Matthew Mawson says the broker plans to make acquisitions, add staff and expand following refinancing.
  
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• Mike Fairey joins Hastings as non-exec chair

  07-05-2015 09:41
  
  Tracey Jones Postonline Hastings Insurance Group has appointed Mike Fairey as its non-executive chairman, effective as on 1 June 2015.
  
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• Beazley's Horton hails specialty and US growth

  07-05-2015 09:30
  
  Andrew Tjaardstra Postonline Gross written premiums at Beazley climbed 6% in the first quarter of 2015 compared to the same period last year.
  
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• Former cricketer joins Cunningham Lindsey's inTrust Motor team

  07-05-2015 09:26
  Nicholas Walker has been hired as motor development director
  
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• Aviva's UK&I GI Q1 net premiums grow 1%

  07-05-2015 09:22
  
  Katie Marriner Postonline Aviva's UK and Ireland general insurance combined operating ratio improved marginally in the first three months of 2015 to 98.3% (Q1 2014: 98.6%) while net premiums for the region grew 1%.
  
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• GWP grows 6% at Beazley

  07-05-2015 09:14
  Specialty lines premium grows 19% as rate increases help the book grow
  
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• RSA reports 6% premium growth in UK

  07-05-2015 09:13
  Insurer grows personal motor NWP by 14% after ‘strong’ telematics performance
  
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• Anbang's Belgium acquisition given green light

  07-05-2015 09:01
  
  Andrew Tjaardstra Postonline China's Anbang has completed the purchase of Fidea from JC Flowers after approval from the China Insurance Regulatory Commission.
  
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• Esure reports 5.8% increase in GWP

  07-05-2015 08:55
  But home premiums drop as competition continues to put pressure on rates
  
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• Aviva UK GI reports 1% premium growth and 98.3% COR in Q1

  07-05-2015 08:37
  Chief executive Mark Wilson says group turnaround is ‘ahead of schedule’
  
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• Zurich blames currency movements for profits dip

  07-05-2015 07:52
  
  Andrew Tjaardstra Postonline Zurich posted a $174m fall in general insurance pre-tax profits to $706m in the first quarter of 2015, a drop of 20%.
  
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• Zurich blames currency movements for global profits dip

  07-05-2015 07:52
  
  Andrew Tjaardstra Postonline Zurich posted a $174m (£114m based on today's exchange rate) fall in general insurance pre-tax profits to $706m in the first quarter of 2015, a drop of 20%.
  
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• Axa's Indian joint venture stake increases approved

  07-05-2015 04:52
  
  Andrew Tjaardstra Postonline The Indian government has approved Axa's application to raise its foreign ownership to 49% from 26% in two insurers for undisclosed sums.
  
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• Claims Excellence Awards 2015: Winners revealed

  07-05-2015 00:04
  Find out who picked up an award as the industry came together to celebrate excellence in claims
  
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