Articles by Peta Fuller
BGL group appoints Platt as CFO
BGL Group has appointed Dominic Platt as chief financial officer, subject to regulatory approval.
Britannia and UK P&I Club in merger talks
The boards of the Britannia Club and the UK P&I Club have entered into merger talks.
LV Broker finds underinsurance gap in 2.7 million ‘mid-net-worth’ homes
Households are not identifying themselves as wealthy enough, leaving the vast majority underinsured according to LV Broker.
Axa's Evans 'surprised' by competitors' flood figures
Axa's £80m flood bill did not materially affect its 2015 results, according to UK and Ireland group CEO Paul Evans, who was "surprised" at some of the results released by competitors.
Axa UK and Ireland reports improved COR and £80m flood bill
Underlying earnings for Axa UK and Ireland increased 25% to £312m in 2015 (2014: £250m) alongside an improved combined operating ratio of 97.1% (2014: 98%).
Lorega finalises management buyout
UK MGA Lorega has completed a management buyout, backed by Alcuin Capital Partners.
GWP and COR improve for global reinsurer Scor
French reinsurer Scor has posted an upgraded financial rating on the back of a 6.4% increase in 2015 gross written premiums to €13.4bn (£10.6bn).
Career Development: 1000 companies to inspire Britain
Fourteen insurance specialists were named in the London Stock Exchange Group’s report, 1000 Companies to Inspire Britain, which showcases dynamic small and medium-sized enterprises across all sectors of the economy.
Three still missing after Didcot Power Station collapse
Emergency services are searching for three people after yesterday’s (23 February) partial collapse of the decommissioned Didcot A Power Station in south Oxfordshire.
Aviva launches cancer care top-up insurance
Aviva has unveiled a top-up health insurance product, Cancer Essentials, which will include a cash payment on diagnosis and access to round-the-clock helplines.
Towergate and Ageas sign £300m capacity agreement
A new capacity deal will see Ageas provide £60m annually for five years across Arista’s commercial motor, property and liability products, as well as Towergate’s holiday homes portfolio.
Continuing soft rating environment reflected in London market results
Full-year results released by London market players to date are reflective of the continuing soft rating environment and companies' reserve releasing strategies, according to analysts. In addition, questions have been raised over whether inflated company…
Litigation likely to test limitation clauses in data breach cases
Litigation will test the effectiveness of companies seeking to absolve themselves of data protection and data security responsibilities via clauses in contracts as companies increasingly believe it's "worth a go", according to cyber insurance experts.
QBE improves COR but sees 7% drop in GWP
QBE Insurance Group announced an improved combined operating ratio of 94% (2014: 96.1%) in its full-year results report today (23 February) against a 7% drop in gross written premiums to $14bn (£9.9bn) (2014: $15.9bn).
Swiss Re income jumps 31% as CEO steps down
After four years as CEO, Swiss Re’s Michel Liès will step down on 1 July with reinsurance head Christian Mumenthaler named as his replacement.
FCA to draw up strategy on older consumers
The Financial Conduct Authority has released a paper to spark debate on how to better address the needs of the UK’s ageing population.
Scam sees three convicted over £10k Esure claim
Three people have been sentenced in a crash for cash scam uncovered by Esure, with the Insurance Fraud Enforcement Department appealing for information to find a fourth person wanted in connection with the fraud.
ABI backs EU deal as 'valuable' for sector
The Association of British Insurers has welcomed a “valuable” deal for the financial sector as Prime Minister David Cameron announced reforms agreed between the UK and the European Union late on Friday (19 February).
Quiz of the week – 19 February
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
First ruling on 'fundamentally dishonest' NIHL claim awards Allianz costs
The first “fundamental dishonesty” ruling has been made on a noise induced hearing loss claim, with the insurer behind the case, Allianz, able to recover costs as a result.
Negative outlook for reinsurance market
Ratings agency Fitch has maintained a negative outlook for the reinsurance sector, with anticipated further premium price falls and low investment yields contributing to the forecast.
Thousands of commercial motor fraud cases uncovered by Aviva
Aviva detected almost 2200 cases of commercial motor fraud in 2015, with the company now set to screen all such policies for fraud at application.
Data breach at Aviva’s online offering Quote Me Happy
Customers of Aviva brand Quote Me Happy were able to see the contact information of other clients, but the insurer says it was a small percentage and the details could not be altered.
New home in Cheesegrater for Brit
Specialty insurer Brit has completed its move to the iconic Leadenhall Building in London.