Post - 2011-10-13
Articles in this issue
Japan - Post-earthquake: Aftershocks of the earthquake
New insurance legislation in Japan is set to be extensively tested six months after the devastating earthquake and tsunami that hit the country.
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
In series - Lloyd's & London market: Power to the people
With employees rightly recognised as crucial to company success, Lloyd’s and London market players are gearing up their efforts to attract and retain top talent.
In series - Lloyd's & London market: Please mind the gap
The skills shortage remains a major concern for the London market — but emerging evidence suggests the fight for talent has begun.
Law report: Equestrian experience verdict good news for defendants
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Forseeability question formally laid to rest in harassment appeal case
This law report has been contributed by national law firm Berrymans Lace Mawer.
View from the top: Model for the future
Changing catastrophe models will continue to demand, not replace, underwriting expertise, says Matthias Horntrich, chief underwriting officer, international property, XL.
Penny speed meets... John O’Roarke, MD of general insurance, LV
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Career development: GAB trio pass new CILA certificate
Three graduate trainees from loss adjuster GAB Robins have become the first professionals to pass the new Chartered Institute of Loss Adjusters’ certificate qualification.
Lloyd's & London market - Compliance burden: The cost of compliance
With the UK the most costly European country for regulation, could UK-domiciled Lloyd’s and London market brokers really become an endangered species?
News analysis: Insurers urged to negotiate with FSA as Solvency II confusion continues
The FSA has announced a delay to Solvency II but getting clarity remains a priority for government and insurers.
Wood kicks off recruitment drive for fraud unit as threat assessment begins
The detective chief inspector charged with heading up the Association of British Insurers-funded fraud unit will wait for the results of an initial threat assessment before targeting specific areas of vulnerability within the industry.
Sagicor withdrawal forced by First Central losses
Lloyd’s insurer Sagicor’s decision to quit both property treaty reinsurance and casualty treaty reinsurance was forced by huge losses incurred through its tie-up with Gibraltar-based motor insurer start-up First Central, Post understands.
Interest from Middle East inevitable due to depressed share prices
The European insurance industry is likely to see an investor from the Middle East take a shareholding in an established brand within six to eight months, according to a regional expert.
New Zealand insurers continue to reject business
The number of insurers rejecting new business amid ongoing seismic activity in Christchurch is escalating rapidly, according to an expert from Fitch Ratings in Australia.
FSCS funding review ro recommence as brokers push for separation
Brokers could secure separation from insurers and bankers as early as April 2013, with the British Insurance Brokers’ Association focusing its efforts on the reopened Financial Services Compensation Scheme funding review.
BGL gears up European expansion plans
Compare The Market owner BGL has turned down acquisition opportunities in Europe, but continues to look to grow its presence on the Continent, with discussions in Italy and Spain ongoing.
Ecclesiastical shakes up property owners market with Crown Estate win
Property owners’ insurance brokers are benefiting from heightened competition between business-hungry insurers, with the entry of Ecclesiastical in May and the former Axa team starting to write business for Mistui Sumitomo at Lloyd’s this week.
Interview - Ann Haugh: Making the right decisions
UK CEO of Zurich Global Corporate Ann Haugh has never been averse to taking risks and reveals her determination to grow the business is as strong as it is strategic.
Editor's comment: No news is bad news
Is it just me or are others growing tired of ‘news’ on the seemingly omnipresent – and supposedly incoming – Solvency II regime that adds nothing to the uncertainty over implementation deadlines?
Law report: Ruling reinforces risk-taking stand
This law report has been contributed by national law firm Berrymans Lace Mawer.
Career development: Dewpoint training academy wins City & Guilds accreditation
Dewpoint, the training brand of construction company Gelder Group, has gained City & Guilds accreditation for its million-pound training academy.
Penny Black’s insurance week
A competition organised by the smart suit people Cad and the Dandy for the best-dressed banker caught Penny’s eye this week, with the judges for the award including the sartorial pugilist Chris Eubank.