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Lloyd's: Can the market fully recover from the losses in 2011?

Lloyd's' market performance and underwriting discipline has long been praised by the industry but, after the near unprecedented losses in 2011, many are wondering whether it can fully bounce back.

Lloyd's/London | 08 May 2012 secure

Catastrophe image
Telephone box in Parliament Square

Redomiciling: London calling as tax changes make the UK more attractive

Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?

Insurer | 01 May 2012 secure

Australia

Lockton to open Australian offices

Lockton is to open two offices in Australia, establishing a new insurance brokerage, Lockton Australia, in Perth and Sydney.

Insurer | 25 Apr 2012 secure

australia-pa

Cooper Gay Australia promotes Calverley

Cooper Gay Australia has announced that Jon Calverley will take over from Peter Blunden as managing director with immediate effect, after Blunden "left to pursue other interests".

Broker | 05 Apr 2012 secure

Oil rig explosion (Photo - PA)

Energy: Overcapacity causing problems as market rates stagnate

It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.

Insurer | 27 Mar 2012 secure

insurance-hound-monty
The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

steve-wood

Ecclesiastical reveals £16m underwriting loss

Ecclesiastical has blamed a pre-tax loss of £7.7m and an underwriting loss of £16.1m on the eurozone and Australasian catastrophes, but plans to increase premiums in Australia.

Insurer | 20 Mar 2012 secure

Stock exchange

European sovereign debt hits insurer profits

2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.

Insurer | 20 Mar 2012 secure

james-julian-lockton2

Comment: The risk of irrelevance

A recent report paints a bleak picture for the future of insurance.

Insurer | 13 Mar 2012 secure

Japan earthquake headline in newspaper

Aftermath of Japan earthquake serves as reality check for insurance industry

One year ago, Japan was shaken to its core by a magnitude nine earthquake. The shockwaves from Tohoku-Oki on 11 March 2011 are still causing ripples among insurers, risk modelling firms and reinsurers.

Insurer | 13 Mar 2012 secure

Flooded railway lines in Sydney March 2012 (Photo Alan Lee News Limited SMH.com.au)

Insurers face £72m Australian flood losses

Insurers are anticipating losses of £72m and at least 5000 claims from the Australian floods, according to Risk Management Solutions.

Claims | 09 Mar 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
Paulino Fajardo and David Pollitt

A winning combination: interview with Paulino Fajardo and David Pollitt

Davies Arnold Cooper and Beachcroft merged in late 2011 under the DAC Beachcroft banner. Paulino Fajardo and David Pollitt discuss the tie-up and their plans for the future.

Claims | 06 Mar 2012 secure

Christchurch earthquake

Christchurch one year on: a forgotten city?

A year on from the earthquakes in New Zealand, while the Christchurch disasters may be slipping out of public consciousness, the work to rebuild the city continues.

Insurer | 06 Mar 2012 secure

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Post magazine – 1 March 2012

The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.

Insurer | 29 Feb 2012 secure

car-with-rays

Telematics: Aggregators - the future of 
motor insurance

As young drivers are priced out of the market, could the emergence of telematics bring an end to the dominance of the traditional big four aggregators, as others seek to take a share of the market?

Personal | 28 Feb 2012 secure

christchurch

One year on, Christchurch still counting the cost

February marked the first anniversary of New Zealand’s most deadly natural disaster. One year on from the magnitude 6.3 quake that devastated downtown Christchurch on 22 February 2011 and claimed the lives of 185 people – and with the dust far from...

Insurer | 28 Feb 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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