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1 week ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page The landlord of London’s Trocadero Centre has been told it must repay hundreds of thousands of pounds charged to a cinema in insurance rent.
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1 week ago | 
postonline.co.uk | Harry Curtis
End of drawer navigation content Big Interview: Ken Norgrove, RSA Ken Norgrove, UK and international CEO of RSA, discusses the impact of the insurer’s personal lines exit, how the provider plans to outperform its peers in commercial lines, and why October will usher in a new era for the business. No other business in the UK insurance sector is undergoing as much change as RSA.
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2 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page Legacy insurers and reinsurers are confident they step up the frequency with which they transact with insurers in the ‘live’ general insurance market in the years to come. At the Insurance and Reinsurance Legacy Association’s annual congress in Brighton last week, a number of market leaders and executives told Post that the market was primed for growth.
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2 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page RSA is aiming to be able to quote business within half an hour of a broker sending it a submission within two years, the insurer’s UK and international CEO Ken Norgrove has said. Speaking to Post for an upcoming interview, Norgrove, pictured, spoke about the work RSA is currently undertaking to upgrade its commercial lines technology platforms.
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2 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page Recent high-profile power outages demonstrate the importance of policyholders ensuring the cover they have in place is fit for their business’s purposes, Fenchurch Law managing partner Joanna Grant has told Post. On 28 April, Spain and Portugal experienced a major blackout interrupting the supply of electricity for approximately 10 hours across most of the Iberian Peninsula.
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3 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page Incoming Lloyd’s CEO Patrick Tiernan has called out examples of “egregious trading behaviours”, saying that he currently has “cause for concern, but not alarm.” Tiernan, pictured, was addressing the market for the last time as chief of markets as part of Lloyd’s’ Q2 Market Message, his appointment as John Neal’s successor as CEO having been announced last Only users who have a paid subscription or are part of a corporate...
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3 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page The Competition and Markets Authority has launched a probe of the prospective acquisition of Direct Line Group by Aviva, with its decision due by 10 July. The competition watchdog’s merger inquiry will run from today (14 May) until 29 May and is inviting comments on the transaction from all interested parties.
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3 weeks ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page The marine insurance industry is navigating turbulent waters as it heads into 2025 from shifting market dynamics to emerging risks, Harry Curtis examines how insurers are balancing a complex set of challenges. While some segments, such as hull and cargo, have enjoyed a period of relative stability, others – most notably marine liability – are feeling the pressure of rising claims and a tightening capacity.
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3 weeks ago | 
postonline.co.uk | Harry Curtis
End of drawer navigation content Wallace reveals QBE’s plans to build on recent wins QBE’s Chris Wallace has told Post that the insurer doesn’t need to “chase the market” as trading conditions soften, having established a “strong foundation” in the UK over recent years. Wallace, pictured, took up the position of QBE’s executive director of UK Insurance in April 2022.
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1 month ago | 
postonline.co.uk | Harry Curtis
Tweet Facebook LinkedIn Save this article Send to Print this page Market executives and trade bodies have weighed in on Patrick Tiernan’s appointment as Lloyd’s CEO, outlining what they expect from the new boss. Lloyd’s announced on Thursday (8 May) Tiernan, who is currently chief of markets at Lloyd’s, would succeed John Neal as CEO on 1 June 2025.
