Wednesday, 12/12/2018 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • RSA UK posts £39m underwriting revenue
    RSA UK posts £39m underwriting revenue

    COR additionally improved to 97.zero% regardless of prices arising from the ‘Beast from the East’ however group outcomes are “under ambitions”. RSA has delivered greater underwriting revenue and a greater mixed working ratio (COR) from its UK division within the first six months of 2018. The COR improved to 97% from 98.7% whereas underwriting revenue went as much […]

    Read more
  • Brendan McCafferty takes on Brightside CEO position
    Brendan McCafferty takes on Brightside CEO position

    The previous Axa UK CEO intermediated & direct is about to exchange Mark Cliff. Brightside has appointed Brendan McCafferty as its chief government officer following the exit of Mark Cliff, Insurance coverage Age can reveal. The dealer introduced final month that Cliff would step down to grow to be non-executive chairman. McCafferty was beforehand CEO intermediated […]

    Read more
  • Business strains firing for Aviva and dealer companions, says Bayles
    Business strains firing for Aviva and dealer companions, says Bayles

    Insurer’s leaders eager on additional schemes progress as they report progress in private strains. “It isn’t ordinary to have every part firing on the similar time however it’s in business strains in the meanwhile,” Phil Bayles advised Insurance coverage Age because the supplier revealed its half yr outcomes for 2018. The insurer reported that business […]

    Read more
  • ICBC is heading in the right direction with reform course of – IBABC
    ICBC is heading in the right direction with reform course of – IBABC

    From a niche in auto insurance coverage for ridesharing drivers to a reported record-high variety of automotive collisions in BC for 2017, the Insurance coverage Company of British Columbia (ICBC) has rather a lot on its plate amid ongoing reforms to vary penalties and convey premiums down. The problems on the crown company topped the […]

    Read more
  • RSA’s outcomes take successful from opposed climate prices
    RSA’s outcomes take successful from opposed climate prices

    Largely because of antagonistic climate, RSA noticed declines in each its group working revenue and underwriting revenue for the primary half of 2018. From £222 million (round CA$378 million) in the identical interval final yr, underwriting revenue fell 23% to £171 million (round CA$291 million). Group working revenue of £304 million (round CA$517 million), in […]

    Read more
  • Leaked chats present alleged Russian spy in search of hacking instruments
    Leaked chats present alleged Russian spy in search of hacking instruments

    Leaked chats present alleged Russian spy in search of hacking instruments Current indictments make clear Russian techniques Raphael Satter And Matthew Bodner, The Related Press on August 1, 2018 MOSCOW _ Six years in the past, a Russian-speaking cybersecurity researcher acquired an unsolicited e mail from Kate S. Milton. Milton claimed to work for the […]

    Read more
  • Axa progress pushed by business
    Axa progress pushed by business

    Interim CEO says constructive business efficiency was right down to dealer channel and divulges incoming CEO Claudio Gienal sees the worth of UK dealer market. Bertand Poupart-Lafarge, CFO and interim CEO of Axa UK & Eire, informed Insurance coverage Age that a lot of the expansion for Axa UK & Eire was pushed by its […]

    Read more
  • Lloyd’s of London hit with breach of contract, dangerous religion lawsuit
    Lloyd’s of London hit with breach of contract, dangerous religion lawsuit

    Lloyd’s of London is having a troublesome time proper now. The world’s oldest insurance coverage market is embroiled in a authorized battle after certainly one of its syndicates was accused of breach of contract, misleading enterprise practices, dangerous religion and conspiracy. The case includes a house in Leilani Estates, an space within the district of […]

    Read more
  • No consolidation spree for Verlingue after ICB deal
    No consolidation spree for Verlingue after ICB deal

    Finch and ICB bosses hail “fabulous” alternative for like-minded companies. The information that ICB Group has joined Verlingue has been “positively acquired” by clients, employees and insurers alike, based on the dealer’s CEO Neil Campling. The deal, revealed by Insurance coverage Age, brings ICB into the identical group as Manchester-headquartered Finch Insurance coverage Brokers which […]

    Read more