Articles by Chris Wheal
EU to force broker commission disclosure
The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.
CII membership up 6%, surplus up 142%
The Chartered Insurance Institute has published its Annual Review for 2011, showing a 6% rise in membership and an operating surplus of £1.85m, more than double last year's £0.764m
Swiss Re nearly halves Q1 COR to 85%
Swiss Re has reported "strong underwriting, good investment performance and lower than-expected major natural catastrophe claims" for a "very strong first-quarter" net income of $1.1bn compared to a loss of $665m for Q1 2011.
Lloyds Bank makes further PPI payments of £375m
Lloyds Bank has announced that its payment protection insurance misselling has cost it a further £375m.
Total insurer IPT bill close to £30bn
Insurers handed over £2.4bn in insurance premium tax in the year 2010/11, a rise of more than 6% on the previous year (£2.253bn), government figures reveal.
Aviva tones down Downton Abbey ads
Aviva has bowed to public pressure and toned down its Downtown Abbey motorcycle crash victim ads.