Articles by Katie Marriner
Hiscox CFO Bridges to exit
Hiscox chief financial officer Stuart Bridges is to the leave the insurer after 16 years to join ICAP as group finance director.
Flood Re chair Hoban to take home £150k in first year
Flood Re chairman Mark Hoban is to receive a salary of £150,000 for his first year of work for an expected commitment of approximately seven hours per week.
Cobra secures £6.9m refinancing deal with Clydesdale Bank
Cobra Group has secured a £6.9m debt refinancing with Clydesdale Bank with the aim of growing the business.
French customers seek legal action over Aviva life contracts
A lawyer representing Aviva life insurance customers in France has registered 10 further clients in the past two weeks who want their fixed price arbitrage contracts honoured by the insurer.
Scope joins Willis as Bermuda chairman
Willis has appointed Jardine Lloyd Thompson's Paul Scope as Willis Bermuda chairman.
Charles Taylor completes Scottish Widows International purchase
Professional services firm Charles Taylor has completed its acquisition of Scottish Widows International, a business it has administered for the past eight years.
10 found guilty in £1m fraud scam
Ten people involved in a £1m crash-for-cash scam have today been found guilty of conspiracy to defraud at the Manchester Crown Court.
Motor market constraints not Gibraltar-specific, GIA says
Market constraints that contributed to Gibraltar-based underwriter the Service Insurance Company ceasing to write business are likely to felt by motor insurers Europe-wide and not just in the UK overseas territory, the Gibraltar Insurance Association…
CMC Direct Assist fined £80,000 for nuisance calls
Claims management company Direct Assist has been fined £80,000 by the Information Commissioner's Office for making direct marketing calls to people without their consent.
Carlyle Group buys Nationwide Accident Repair Services for £43.2m
US private equity firm Carlyle Group has agreed a deal to buy AIM-listed Nationwide Accident Repair Services for £43.2m.
Zurich undeterred from fraud fight after appeal is upheld
Zurich says it is "unsurprisingly disappointed" by a 31 March Court of Appeal decision that ruled in favour of a claimant the insurer had evidence to show had made a fraudulent claim.
Judge dismisses first full case for fundamental dishonesty
A Telford County Court judge has dismissed the first full trial due to a finding of fundamental dishonesty.
Independent's creditors to vote on scheme in June
Scheme creditors of the collapsed Independent Insurance Company are to meet on 1 June 2015 to consider a scheme of arrangement which is being proposed as an alternative to the company being liquidated.
Further insurer run-off expected in Gibraltar as others plot arrival on The Rock
Several Gibraltar-based firms in danger of entering run-off are under intense regulatory scrutiny, according to market insiders, while the British overseas territory's financial watchdog says it has a number of interested parties on the hook to establish…
Germanwings loss to maintain aviation market pricing pressure
Pricing in the aviation market is expected to remain competitive in spite of the Germanwings crash on 24 March, according to AM Best.
Kennedys poaches 13-lawyer team from Plexus
Kennedys has hired a 13-lawyer travel sector team from Plexus Law to join its personal injury practice.
Bank of Scotland to offer own-brand car insurance through Junction deal
BGL Group's affinity arm Junction has added two motor insurance propositions to the Lloyds Banking Group insurance offering including a Bank of Scotland-branded motor insurance product.
AGCS hires first UK-based cyber risk consultant
Allianz Global Corporate and Specialty has appointed Rishi Baviskar as its first UK-based cyber risk consultant.
Co-op GI operations head Day to exit
Co-operative Insurance general insurance operations head Lynn Day is to leave the business after 33 years, Post can reveal.
Mutuals' Act gets Royal Assent
The Mutuals Deferred Shares Act received Royal Assent in the House of Lords yesterday (26 March).
PRA consults on ‘proportionate' regime for non-SII senior managers
The Prudential Regulation Authority has released its consultation paper into the senior insurance managers regime for insurance companies outside the scope of Solvency II.
Towergate receives court sanction for schemes of arrangement
Towergate Group's restructuring is one step closer to becoming effective with the schemes of arrangement being sanctioned by the High Court today.
UK General reports 10.4% premium growth
Insurer UK General has reported an improved business performance premium for the 2014/15 year to £436m from £395m the year prior.
Indemnity Guarantee Assurance enters administration
PWC has been appointed the administrator to Indemnity Guarantee Assurance which was placed into administration on 23 March after directors deemed it to be insolvent.