Insurance news

• Latest insurer data leak reignites calls for tougher CMC regulation

  08-05-2015 17:52
  
  James Verrinder Postonline Insurers and claimant lawyers have united in calling for tighter regulation of the claims management industry after the latest data breach involving an insurance company employee selling confidential customer information sparked a police inquiry.
  
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• Watson welcomes Ageas results

  08-05-2015 16:58
  
  But says that motor is an “attention point for us” as it seeks to drive down COR further.
  
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• ABI's Evans praises government as one insurers can work with

  08-05-2015 16:32
  
  Katie Marriner Postonline Association of British Insurers director general Huw Evans has deemed the Conservative government elected today (8 May) as one the insurance industry can work with.
  
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• Civil justice issues in danger of being sidelined by EU referendum

  08-05-2015 15:20
  
  Katie Marriner Postonline An insurance law firm has warned of a "strong possibility" civil justice reforms will take a back seat under the newly elected Conservative government while it focuses on the proposed 2017 European Union referendum.
  
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• Brokerbility Holdings rebrands three trading businesses

  08-05-2015 13:10
  
  Brokerbility Insurance brokers to invest in online capability to achieve growth.
  
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• Biba 2015 Videos: Arag

  08-05-2015 13:06
  Legal expenses insurer Arag reveals what it has in store for Biba 2015.
  
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• Insurance rates decrease for eighth consecutive quarter, states Marsh report

  08-05-2015 12:32
  
  James Verrinder Postonline Global insurance rates decreased during the first quarter of 2015, according to the results of Marsh's latest market quarterly briefing.
  
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• Andy Watson: Ageas’s motor COR will improve

  08-05-2015 11:59
  Motor is an ‘attention point’ for insurer following claims inflation and Q1 underwriting loss
  
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• Watson hails commercial action plan for improved COR

  08-05-2015 11:51
  
  Katie Marriner Postonline Ageas UK CEO Andy Watson says the 31.6 percentage point improvement in his firm's commercial combined ratio for the first three months of 2015 was the result of a sustained action plan of which the next phase is to grow the account.
  
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• Nepal earthquake to have minimal impact on global reinsurers

  08-05-2015 11:49
  
  James Verrinder Postonline A.M Best believes that the recent earthquake in Nepal is not expected to have a major impact on the current reinsurance market, but local and regional players will feel some adverse effects.
  
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• Case managers guide to be published alongside rehab code this summer

  08-05-2015 11:47
  
  Callum BrodiePostonline Proposed changes instigated as part of a revised rehabilitation code will include a separate process for lower-value injuries and the introduction of an accompanying guide for case managers.
  
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• Seventeen Group buys Thompson and Partners

  08-05-2015 11:41
  
  The broker's previous owner joins James Hallam as head of its newly created credit and marine division.
  
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• The insurance quiz of the week

  08-05-2015 11:30
  
  Tracey Jones Postonline How much do you know about insurance developments in the last seven days?
  
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• Brokerbility rebrands broking businesses

  08-05-2015 11:27
  B&R, O’Connors and Fehnerts will be Rebranded as Brokerbility Insurance Brokers from 1 June
  
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• Biba 2015 Videos: RSA

  08-05-2015 11:07
  
  RSA explains why brokers are crucial to its business as it gears up for Biba 2015.
  
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• Ageas drives down COR

  08-05-2015 10:18
  
  COR drops for Q1 and net profits rise to £12m thanks to benign weather impact.
  
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• UK Broker Awards: Trophy helped Morrison win business

  08-05-2015 10:12
  
  Firm reveals that its trophy for chartered broker in 2014 has led to a number of new clients.
  
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• RSA’s Lewis sees positive momentum

  08-05-2015 10:00
  
  CEO of UK and Western Europe says insurer plans to be selective and engage more with broker partners.
  
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• Ageas reports ‘profitable but challenging' Q1 figures

  08-05-2015 09:54
  
  Katie Marriner Postonline Ageas UK has reported a net profit of £12m for the first three months of 2015 compared to a loss of £4.5m in the same period of 2014.
  
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• Ageas vows continued pricing action as motor claims bite

  08-05-2015 09:32
  Ageas motor book’s underwriting losses deteriorate
  
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• Ageas COO Barry Smith to retire

  08-05-2015 09:24
  
  Katie Marriner Postonline Ageas Group chief operating officer Barry Smith is to retire as of 1 October 2015 and will be succeeded by AG Insurance CEO Antonio Cano.
  
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• Ageas operations boss Barry Smith to retire from his role

  08-05-2015 09:19
  Smith set to retire in September 
  
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• Ageas operations boss Barry Smith to retire

  08-05-2015 09:19
  Smith set to retire in September 
  
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• Ageas swings into profit amid commercial boost

  08-05-2015 09:13
  Ageas posts £12.6m net profit 
  
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• Tories set for stunning election victory

  08-05-2015 08:39
  Tories gunning for outright majority in huge election shock 
  
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• ICA appoints Russell and Troup to its board

  08-05-2015 07:00
  
  Andrew Tjaardstra Postonline The Insurance Council of Australia has appointed David Russell, CEO of RAA Insurance and Helen Troup, managing director, Commonwealth Insurance to its board of directors.
  
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• Generali Asia secures option to buy 70% of Malaysia's MPIB

  08-05-2015 04:08
  
  Andrew Tjaardstra Postonline Italian giant Generali has completed the purchase of a 49% stake in Malaysia general insurer Multi-Purpose Insurance to enter its tenth Asian market.
  
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