Motor reinsurance
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The business line is predicted to slip back into the red in 2021 after this year’s profit.
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The company, which shelved tentative IPO plans last year, said the offering is subject to market conditions.
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The executive crosses into broking after Liberty Specialty Markets withdrew from UK motor treaty.
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Treasurer Josh Frydenberg cites Covid-19 recovery and support efforts.
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Remedial actions start to bear fruit in primary property.
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Insurance commissioner Lara says policyholder cover must remain in place through the pandemic.
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The delayed whiplash reforms could prove a damp squib, to the entire industry’s detriment.
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The insurer will become part of Ardonagh’s retail arm, which also includes Carole Nash and Swinton.
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Pressure grows on firefighters after a brief cool period over Christmas.
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Carrier seeks to mitigate regulatory risk around motor and is likely to cut US med-mal exposure.
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The motor insurer also attracts investment from new backers RTP Global, Breega and Digital Horizon.
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Dean Jenner's move comes just over two weeks after the broker’s promotion.
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