Insurance news

• UK promises to prioritise financial services in Brexit deal

  11-01-2018 21:03
  Theresa May holds first formal meeting with City bosses
  
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• Restructure will bring brokers closer to the board, says Axa

  11-01-2018 16:29
  New leaders explain the insurer's format after Brendan McCafferty’s sudden departure.
  
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• McCafferty departure due to Axa group-level changes

  11-01-2018 16:18
  The structural changes which led to the shock departure of Axa’s insurance CEO Brendan McCafferty came from a drive to simplify the business at group level.
  
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• Bank of England proposes easing burden of Solvency II rules

  11-01-2018 14:14
  PRA consultation suggests limiting how much regulatory reporting insurers must undertake
  
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• Brendan McCafferty out in Axa restructure

  11-01-2018 14:10 via insuranceage.co.uk
  McCafferty leaves with immediate effect after just under a year as UK CEO intermediated and direct following a restructure of Axa’s UK business.
  
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• Brendan McCafferty to leave Axa as part of restructure

  11-01-2018 13:56
  Brendan McCafferty has left Axa with immediate effect, 11 months into his tenure as CEO for intermediated and direct.
  
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• Hyperion 2017 results show revenue and Ebitda rises and $300m investment power

  11-01-2018 13:41
  CEO David Howden “ecstatic” with 2017 results, organic growth and confirms acquisition plans.
  
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• Co-op Insurance sues IBM for £130m over failed IT platform

  11-01-2018 13:41
  Exclusive: Co-op Insurance has filed a £130m lawsuit against tech giant IBM.
  
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• CNA Hardy appoints Middleton as CEO of Luxembourg hub

  11-01-2018 12:24
  CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
  
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• CII’s Sian Fisher tackles online criticism

  11-01-2018 11:48
  Fisher responded to claims on public forum Glassdoor about staff turnover, spending and the controversial sale of Aldermanbury.
  
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• Hyperion’s revenue up 20% at full year

  11-01-2018 11:43
  Hyperion Group posted a 20% jump in revenue for the year ended 30 September 2017.
  
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• Swiss insurtech Go Flink gears up for relaunch

  11-01-2018 11:34
   Swiss insurtech start-up Go Flink is to relaunch and release a range of new products to distribute worldwide.
  
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• David Newman leaves Carole Nash and Ian Donaldson takes up CEO role

  11-01-2018 10:34
  Handover set to complete at end of March.
  
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• David Newman leaves Carol Nash and Ian Donaldson takes up CEO role

  11-01-2018 10:34
  Handover set to complete at end of March.
  
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• GS Group names Kevin Nicol as new MD

  11-01-2018 09:53
  Scottish broker's founder George Stubbs moves into chairman role.
  
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• Russia: Rosgosstrakh debacle sees increased government involvement in insurance

  11-01-2018 07:00
  Government involvement in the Russian insurance sector is increasing as the country's largest private bank was placed under administration after acquiring failing insurer Rosgosstrakh.
  
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• QBE appoints Australia and New Zealand CEO

  11-01-2018 03:47
  Australian global insurer QBE has appointed a CEO for its Australia and New Zealand operations following a global search.
  
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• AIG hires from New York PR firm to bolster communications team

  11-01-2018 02:43
  Global insurer AIG has hired two new senior members of its corporate communications team in New York.
  
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