Insurer
LV boss blames investment return and motor for profit drop
LV general insurance managing director John O'Roarke blamed falling investment returns and plummeting car insurance rates after the provider's operating profit dropped by a third.
Kwik Fit's Lynch stands down as managing director
June Lynch has stood down as managing director of Kwik Fit Financial Services.
It never ends
In the last few months I have enjoyed four television shows in particular.
Hiscox CEO hails positive results as broker channel grows
Bronek Masojada, Hiscox CEO, has praised a “good set of results” for the first six months of 2013, which he said represented a step forward for the company.
Motor and home insurance premiums fall again in Q2 2013
Motor and home insurance prices “plummeted” in the second quarter of 2013, according to the most recent AA British Insurance Premium Index.
Hiscox sees GWP rise to £1bn as profit and COR improve
Hiscox has reported a pre-tax profit of £181m for the first six months of 2013, up from £126m in the same period of 2012
LV operating profit slips to £43m amid "difficult" motor market
LV saw its operating profit slip to £43m for the first half of 2013, down on the £62m posted for the same period of 2012 for general insurance.
Bluefin posts £13m loss for 2012
Bluefin Group has reported a loss of £13.1m for the year ended December 2012.
FCA warns firms to take anti-money laundering responsibilities seriously
The Financial Conduct Authority (FCA) has published its first annual report on anti-money laundering (AML).
Fitch keeps Allianz stable at AA-
Fitch has affirmed Allianz SE’s insurer financial strength rating as AA-.
Ace delivers leap in profits
Ace has reported a rise in net income to $1.84bn [£1.2bn] for the first six months of the year, from $1.3bn in 2012.
Zurich creates new roles in bid to help brokers battle fraud
Zurich has launched a dedicated policy validation unit and created two new roles to help brokers in identifying fraud.
Roundtable (part 2): Is chartered status necessary to be seen as professional?
In the second of four roundtable debates on professionalism, our panel of industry experts discuss whether chartered status is everything its cracked up to be?
Ageas appoints Aviva's Middle as partnerships chief
Ageas has named Ant Middle as partnerships director within its retail and distribution division.
Be Wiser posts drop in profit as turnover increases by £4m
Be Wiser Insurance Services has reported a post-tax profit of £1.5m for the year ended May 2013.
CII officially unveils Direct Line's Woolgrove as president
The Chartered Insurance (CII) has officially unveiled Tom Woolgrove as president, succeeding Amanda Blanc.
SSP boss insists Swinton fine will not impact relationship
SSP group chief executive Laurence Walker has insisted that the hefty fine slapped on client Swinton has not impacted on the software provider.
Which? warns consumers of "punishing" insurer charges
Consumer watchdog Which? has issued a warning to consumers over additional fees involved in renewing their car insurance policies.
SSP reports robust results as EBITDA creeps up by 1.8%
SSP Group saw its EBITDA edge up 1.8% to £18.2m for the 12 months ended 31 March 2013, compared to the previous year.
Plum grows into Northern Ireland
Plum Underwriting is now writing non-standard and mid-net worth household risks in Northern Ireland, the company has confirmed.
Bluefin poaches Towergate's Andy White in series of moves
Bluefin has restructured its commercial division and made two senior promotions as part of an ongoing strategic development plan.
Insurance failures fall by more than a third
Insurance insolvencies fell by more than a third during June 2013 compared to the previous month, a report has found.
Stewart Miller boosts team with trio of hires
Stewart Miller Insurance has added three new staff members.
QBE's Bathia steps down with immediate effect
Ash Bathia, chief underwriting officer of QBE’s property, casualty & motor (PCM) division is leaving the provider.