Cross-selling is a great way to distribute microinsurance, as illustrated in Africa, where some farming insurance programmes are also experimenting with new ways to pay out claims, write Tom Johansmeyer, assistant vice-president at Verisk Insurance…
Solvency II ratios will not be comparable across the European Union and will not be used in rating assessments, according to AM Best.
There is a menace in my house in the form of water. First it caused problems in my kitchen (as many of you will remember) and now it's found its way out of the bathroom.
With increasing regulatory scrutiny, managing a captive can become challenging. Protected cell companies offer a practical alternative.
Post content director Jonathan Swift reflects on the Daily Mail coverage of insurers reportedly ripping off loyal customers, and asks if beneath the tabloid headlines there lies a home truth the industry needs to act on?
A treasure awaits those holding the keys for unlocking Luxembourg’s main assets within the insurance industry. According to the regulator’s latest annual report, reinsurers have built up €9.3bn (£7.8bn) in equalisation reserves in the country.
Proposals to merge the European Insurance and Occupational Pensions Authority with the European Union’s banking regulator would damage the effectiveness of consumer protection and prudential oversight, according to Insurance Europe.
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
Delegates at the British Insurance Brokers’ Association conference have asked the next government for some stability.
The Lloyd’s Market Association has called for major changes to the way the personal injury discount rate is set.
The insurance industry and the UK government need to work together on cyber crime and travel risks, former Prime Minister David Cameron said in his keynote address to the British Insurance Brokers’ Association conference.
A synchronised global recovery is an opportunity for reform, not for complacency, argues Guy Miller, chief market strategist and head of macroeconomics, Zurich.
Many brokers’ professional indemnity policies contain exclusion clauses that limit their cover, leaving them and their customers exposed
If the Financial Conduct Authority restricted gross rate commissions on finance arrangements, brokers could feel a painful blow. However, they could claw back income elsewhere, argues Ravi Takhar, CEO of Bexhill UK, urging them to bring the premium…
I probably wouldn’t make a very good insurer or broker as I love a good surprise and I deal quite well with change.
Although many who voted for Brexit may have hoped otherwise, leaving the European Union will not enable the UK insurance community to turn a blind eye to the insurance regulations dreamed up by those famously unelected bureaucrats in Brussels. Although…
With Brexit negotiations now launched, insurers are taking steps to secure their access to the European market. How many will follow Lloyd's to Belgium?
This week I took my toddler to see the roaring animated T-rex at the Natural History Museum. “Raaa!” she growled, before wimping into her father’s arms, unaware dinosaurs are actually extinct.
Robots are becoming ubiquitous. Do we need specific insurance? And do they?
Neil Clutterbuck is the chief underwriting officer of Allianz's newly-established technical division. He talks about the immediate and long-term priorities for the business unit.
Brokers are becoming increasingly frustrated with the Financial Conduct Authority, citing rising compliance costs and an overbearing regulatory regime as hurdles to growth and innovation
The Supreme Court judgment in Montgomery v Lanarkshire Health Board opens a new avenue for claims against professionals, explains Alisdair Matheson, partner at Brodies.
The China Insurance Regulatory Commission has warned insurers to intensify scrutiny over their operations.
In a snap decision just after Christmas I agreed it would be fun to attend a Moulin Rouge secret cinema perfomance, with little thought to the effort this would involve or the costume I'm currently having to source.