Articles by Katie Marriner
Axa reports 33% earnings increase for UK business
Axa UK and Ireland recorded a 33% increase in underlying earnings for the first half of 2014 to £118m from £89m the year prior.
DLG sees profit drop from high weather claims
Direct Line Group has attributed a 13.1% drop in operating profit for the first half of 2014 to higher weather claims and lower prior-year reserve releases.
Markerstudy recruits Sandy Dunn for group role
BDML Connect founder Sandy Dunn is to join Markerstudy as group markets development director.
ERS reports profit for first time since 2009
Insurer ERS has recorded a half year profit for the first time since 2009 improving its 2013 Q2 result by £25m.
Axa Assistance to provide motor breakdown cover for consumer site
Consumer insurance website Surewise.com has partnered with Axa Assistance to provide its motor breakdown offering.
Endurance terminates Aspen acquisition offer
Endurance Specialty Holdings has terminated its offer to acquire Aspen Insurance Holdings.
Green promoted to FCA GI director
The Financial Conduct Authority has promoted Simon Green to director of general insurance and protection.
Xchanging sees £65.6m drop in net revenue
Net revenue at business processing provider Xchanging dropped to £205.1m in the first half of 2014 down from £270.7m in the same period for 2013.
Flood Re cap will not limit scheme's ability to pay out, claims ABI
The Association of British Insurers has criticised ratings agency Moody's for its report on the regulatory arrangements for Flood Re saying its £100m cap will have no impact on the scheme's ability to pay flood claims to insurers.
Money Supermarket sees 4% revenue growth for insurance site
Money Supermarket has reported a 4% increase in revenue for its insurance division in H1 2014 to £68.1m (2013: £65.5m).
International insurers’ London presence to diminish amid increased competition
Analysts expect other firms to follow in Beazley’s footsteps by looking elsewhere
Aviva seeks consultation on cashless compensation for minor motor injuries
Claimant lobbyists dismiss proposals in insurer’s report as ‘ludicrous’
Howden opens Channel Islands office
Howden Broking Group has launched a Jersey-based Channel Islands operation led by Henry Burton who previously worked in the group's London office.
Former RSA director joins Ryan Direct Group board
Former RSA group executive director Paul Donaldson is to join Ryan Direct Group as a non-executive director from September.
Moody's warns of negative credit impact from Flood Re funding proposals
Moody's has deemed the £100m cap on government contributions to Flood Re credit negative for UK property and casualty insurers.
Mixed results for LV as GWP drops
LV has reported £720m general insurance gross written premiums for the six months ended 30 June 2014; a drop from £748m for the same period last year.
Ten opens Glasgow regional office
Ten Insurance network has opened a regional office in Glasgow to be led by former Giles branch manager Kevin Donnachie.
LV investigation leads to jail sentence for fraudster
A Wolverhampton-based fraudster has been sentenced to 12 months in prison after attempting to claim compensation for a crash-for-cash car accident.
Independent midwives agree commercial PI solution
Independent midwives have agreed a commercial professional indemnity insurance arrangement allowing them to continue practising under new EU legislation.
Brokers risking profit through missed calls
Brokers are risking £1.3m of profit by failing to answer customer telephone enquiries quickly enough, technology firm Callstream says.
Aviva and Vodafone agree seven-year deal
Aviva has signed a multi-million pound seven-year deal with Vodafone to provide a range of services including cloud storage, conferencing services and instant messaging.
Ageas promotes Farr to Midlands underwriting role
Ageas has appointed Adam Farr as commercial regional underwriter for the Midlands.
Aviva calls for rehab-only compensation for minor road accident injuries
Aviva is pushing for changes to motor insurance compensation including cutting cash compensation for minor whiplash injuries and restricting personal injury lawyers to cases where their expertise is needed.
Gallagher signs three-year deal with Parkinson's UK
Arthur J Gallagher is growing its offering for the charities sector signing a three-year deal with Parkinson's UK alongside four further partnerships currently under negotiation.