Friday 17 February 2012

Insurance News in Brief


AXA get good results with a turn around on its 63 million losses in 2010. The company reported around £133 profit for 2011.
Large insurance broker Cooper Gay changed name its MGA oliva to 'Globe Underwriting'. The broker is itself is part of the Cooper Gay Swett and Crawford headed up by CEO Toby Esser.
The (FSA) Financial Services Authority is loosing its managing director Margaret Cole the Authority itself will be super seeded by a new regulator in 2013 by 2 new organisations the prudential regulation authority and financial conduct authority.

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