Articles by Burhan Khadbai
UK motor prices to remain flat in 2016, as insurers drive competition
Increasing competition from insurers will cause prices for UK motor insurance to stay flat throughout 2016, according to a Macquarie report.
Dual appoints Mark Hudson as CFO
Dual has hired Mark Hudson as chief financial officer, effective from September 2016.
ASR aims to launch IPO in Q2 2016
Dutch insurer ASR has confirmed its intention to proceed with an IPO and listing of its ordinary shares on Euronext Amsterdam.
Former OIM Underwriting MD launches MGA with £20m GWP target
Jason Anthony, former managing director at OIM Underwriting, has launched MGAM Limited, a managing general agent with a target of reaching £20m gross written premium in year one.
XL Group gets approval to buy back up to $1bn ordinary shares
The board of XL Group has approved a share buyback programme, allowing the company to purchase up to $1bn (£695m) of its ordinary shares.
KPMG to let insurers compare Solvency II data
KPMG has today launched a Solvency II data aggregation service that allows insurers to benchmark themselves against other insurers.
Lark acquires Euromarine Insurance Services
Lark Group has strengthened its position in the marine sector with the acquisition of Euromarine Insurance Services, a specialist marine insurance intermediary and underwriting agent.
Hiscox expects ‘manageable loss’ from Alberta wildfires
Hiscox expects a manageable loss as a result of claims arising from the Alberta wildfires, according to the insurer's interim management statement for the three months ending 31 March 2016.
Biba returns to Manchester in 2017
The British Insurance Brokers’ Association conference will return to Manchester Central for its annual conference next year.
Covent Bridge completes first UK acquisition
Investigation firm Covent Bridge Group has acquired Surrey-headquartered BDL Investigations, marking its first acquisition in the UK.
#BibaFever 2016 - Inga Beale on SME
Lloyd's CEO on the challenges brokers face, the importance of SMEs to the market and the EU referendum.
Biba 2016: UK SME business remains key for Lloyd’s, says Inga Beale
Lloyd’s CEO Inga Beale, pictured, has told Post SMEs remain an important part of the market’s plans.
Biba 2016: Swinton to open first branch under new structure in June
High-street broker Swinton will open a new branch in Preston on 1 June, which will be the first under its new branch model, Post can reveal.
Biba 2016: Motor premiums rise but home rates fall in Q1
Private car premiums rose for the second quarter year, but rates for household insurance fell, according to the latest insurance price index from the British Insurance Brokers’ Association and Acturis.
Biba 2016: Brokers need support for innovation
The British Insurance Brokers' Association has called for more support for innovation in the insurance broking sector, in response to HM Treasury’s consultation paper on innovation for financial services.
Carole Nash acquires Ageas Retail motorcycle books
Manchester-based insurance broker Carole Nash has reached an agreement to purchase the motorcycle insurance books of Ageas Retail, effective from 1 June.
Average combined buildings and contents home policy remains unchanged in Q1
The cost of the average combined buildings and contents home insurance policy remained unchanged in the first quarter from the same period last year, according to the Association of British Insurer’s latest home insurance premium tracker.
FCA bans former broker Terence Joint from 'significant influence functions'
The Financial Conduct Authority has banned former insurance broker Terence Joint in relation to the handling and misapplication of client money between April 2011 and June 2012.
Lloyd’s chair Nelson to retire in May 2017
Lloyd’s chairman John Nelson plans to retire at the market’s annual general meeting in May next year.
#postpeople 09 - 13 May 2016
All the latest insurance industry market moves between 09 and 13 May 2016.
Career Development: Allianz praises broker scholarship graduates
Allianz Commercial held a graduation event at the Andaz hotel in London to celebrate the 13 scholars who successfully graduated from the Allianz Partner Academy Scholarship programme.
Enterprise Act to come into force on 4 May 2017
The Enterprise Act was granted Royal Assent yesterday (4 May), with policyholders able to claim damages for the late payment of insurance claims in 12 months' time.
Pre-registration for .insurance domain launches, with ‘very high numbers’ expected
Early registration for the .insurance domain name launched yesterday, via Instra, the corporate domain name retailer subsidiary of CentralNic, with the aim of ensuring online security amid growing levels of cyber threats.
SMEi joint CEOs Jason Gandy and Roger Snowden leave roles
Jason Gandy and Roger Snowden have left their roles as joint CEOs of Marsh-owned SME Insurance, with the former having left the firm altogether.