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Biba chairman Homer takes on mentoring role at Merryck & Co
British Insurance Brokers' Association chairman Andy Homer has joined the faculty of Merryck & Co, the global provider of mentoring to chief executives and senior business executives.
Business as usual at Lark following MBO, declares chairman
Graham Lark has promised clients and staff at his now-independent broker that it will be "business as usual" following the MBO from Groupama that has taken two months to finalise.
Purchase of Indonesian broker provides Howden with 'growth opportunities'
Howden Broking Group has completed the acquisition of Accette Insurance Group's Indonesian operation, PT Accette Brokers Asuransi.
L&G premium growth offset by weather losses
Legal & General's general insurance business has been hit hard by summer flooding and the freezing weather last winter, as profit in the first half of the year more than halved to £8m compared with the same period in 2011 (H1 2011: £17m).
Latest AIG share sale to net US Treasury $750m
The US government expects to receive $750m (£481m) from the latest sale of stock held in American International Group.
Rising liability claims forces Allianz to reduce exposure
Allianz Insurance has linked an increasing number of unemployed people making large liability claims to a decision to cut its exposure in the liability market.
Co-op and Hastings sign up to telematics aggregator Compare The Box
Co-operative Insurance, Hastings Direct and Swinton are set to go live with telematics offerings on Go Compare and Wunelli's joint aggregator offering, Compare the Box.
Allianz suffers £23m weather claims loss but retail and commercial GWP grow
Allianz UK has posted bad weather claims costs of £23m for the first six months of 2012.
Online providers: Losing their lustre?
Why are some online providers proving to be a turn-off for potential consumers? Rebecca Jennings, principal consultant at Global Reviews, explains.
Tesco helps Ageas profit grow 81%
Ageas UK has increased profit and income in the first half of the year in the face of tough market conditions and severe weather events.
Tenth of Brits cancel insurance to save money
One in 10 Britons have cancelled insurance policies in the past 12 months to save money.
LV Broker revamps motor fleet policy with extended offering
LV Broker has launched an enhanced motor fleet policy which includes full European cover and uninsured loss recovery as standard, plus cover for attached or detached trailers.
Chartis International returns to profit in H1 2012 with 16 point COR swing
Chartis International has reported an operating income before net realised gains of $802m for the first six months of 2012 (2011 H1 $480m loss) on net premiums written of $9.33bn (2011 H1: $9.25bn).
Axa CEO Evans hits back at U-turn criticism as he reveals telematics delay
Axa UK and Ireland CEO Paul Evans has hit back at criticism that he has performed a U-turn by bringing the personal and commercial broker businesses back together again under Amanda Blanc.
Geddes unmoved by PE takeover talk as DLG divestment date looms
Direct Line Group chief executive Paul Geddes has distanced himself from speculation linking the business with a private equity-backed divestment, insisting that his focus remains on securing a second-half public flotation.
Novae calls time on engineering and motor reinsurance
Novae is to replace 12 of the 17 Zurich-based reinsurance underwriters who exited the business earlier this year, conceding that the Swiss operation was "overstaffed".
Allianz UK continues upwards trend, despite fractional COR rise
Allianz UK has chalked up an operating profit of €92m (£72.4m) for the first half of 2012, alongside a marginal combined ratio rise to 96.8%.
Aviva COR to surpass 99% following floods, claims analyst
Aviva's general insurance result is predicted to fall 5% year on year as a result of recent unseasonable UK weather.
DLG's £40m summer flood loss offset by reserve releases
Direct Line Group has reported home weather claims costs of £40m, conceding that losses were worse than expected but offset by "signficant" releases from reserves held against prior year claims across the portfolio.
Axa UK & Ireland COR rises above 100% in H1 after £36m flood hit
Axa UK & Ireland has reported that underlying earnings for the first six months of 2012 improved by 27% to £66m (H1 2011: £52m).
LAS forms UK major loss team
LAS Claims is to create a UK-wide major loss team to spearhead business growth and enhance the range of services offered to insurer clients.
Brown: flood risk solution needed to end market inequality
RSA's chief executive for UK & Western Europe has called on the government to act quickly in announcing a replacement for the Statement of Principles to avoid further uncertainty for householders in flood risk areas.
Kwik-Fit finds Midas touch with panel appointment
Kwik-Fit Insurance has appointed Midas Underwriting to its home insurance panel.
Junction to use brand loyalty to improve quote accuracy
Affinity provider Junction is rolling out a new project that will use customer data held by its partner brands to provide more accurate insurance quotes.