United Kingdom (UK)
Compre acquires UK business of AG Insurance
Insurance and reinsurance legacy specialist Compre has acquired the UK business in run-off of the Belgian (re)insurer AG Insurance for an undisclosed sum.
Ask Alexa: Aviva develops jargon buster for Amazon Echo
Owners of the Amazon Echo will now be able to get answers to insurance related questions thanks to an interactive jargon buster from Aviva.
Reinsurers face year of cost-cutting due to weaker renewals
Reinsurers face a demanding year of cost-cutting after the December contract renewal season delivered weaker prices for the fifth year in a row.
Court of Appeal finds insurers may only have to pay incurred reinstatement costs
Insurers may only end up paying for reinstatement costs that the insured has in fact incurred, the Court of Appeal has found.
Aviva claims director joins IFB board
Rob Townend, Aviva’s claims director for UK general insurance, has joined the board of the Insurance Fraud Bureau.
Insurers face 'highly challenging period', says AM Best
The insurance industry is entering a highly challenging period in its history, according to new research from AM Best.
Lloyd's to unveil plans for EU move in the new year
Lloyd’s of London will create an office somewhere within the European Union in a move to divert some of its operations to the continent as a result of the UK's Brexit vote.
Lloyd's to cut subscription costs by 10%
Lloyd's of London will reduce its market subscriptions by 10% for 2017 as part of efforts to keep the market competitive.
Lloyd’s to update operating structure
Lloyd’s has unveiled its new operating structure, to be rolled out in the New Year.
Accelerate signs three year deal with JM Glendinning
Specialist managing general agent Accelerate Underwriting has agreed a three year deal with UK insurance broker JM Glendinning.
Lloyd’s announces potential post-Brexit strategies
Lloyd's said setting up a single European Union subsidiary or a network of branches across several EU countries are two potential post-Brexit strategies if passporting rights cannot be maintained.
RSA appoints Emery as new retail brands director
Rsa has appointed Pete Emery as its new retail brands director having worked for the firm since 2010.
Axa completes consultation over move of 150 jobs
A consultation between a union and Axa over the relocation of 150 jobs from Kent to Birmingham has been completed.
Europe: Data analytics could relieve whiplash pains
The whiplash reforms intended to reduce fraudulent claims in the UK may cap or scrap cash compensation for minor injuries. What effect will this have for claimants and insurers? A European comparison can provide greater insight.
Brokers on government SME advisory panel
Insurance brokers have been given a seat on an advisory panel put together by The Cabinet Office under plans to boost government spending with SMEs.
Lloyd's and Iran in trading talks
Lloyd’s of London has begun talks with Iran’s insurance industry on the potential of underwriting business in the Middle Eastern country.
Bupa buys dental provider for £835m
Health insurer Bupa has bought a private dental provider for £835m.
Mass resignations at Gallagher's Croydon business
Arthur J Gallagher's insurance services director Nigel Palmer and other members of the Croydon-based commercial affinities team have resigned.
Esure on track for full year growth says CEO
Top-line growth remains on track for the full year following continued growth in Q3 says Esure CEO Stuart Vann.
Gallagher names Charles Crawford as UK operations director
Arthur J Gallagher has appointed Charles Crawford as UK operations director, subject to regulatory approval.
Aviva appoints Patrick Tiernan as CFO
Aviva has appointed Patrick Tiernan as CFO of Aviva UK General Insurance.
Lancashire pre-tax profits rise in Q3 results
Lancashire Holdings has reported a 30.4% increase in third quarter pre-tax profits, up to $42.9m (£34.4m) from $32.9m (£26.4m) for the same period last year.
Towergate renames London broking business
Towergate has renamed its London Market broking business as Bishopsgate.
Markel enters marine PI market with Galleon deal
Markel International has acquired specialist marine MGA Galleon for an undisclosed sum.