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Car insurance prices fall for first time in more than three years

The results of the Confused and Towers Watson car insurance price index for the first quarter of 2012 also reveal that the cost of comprehensive cover fell by 3.3% in the last quarter, with third-party...

Insurer | 12 Apr 2012 secure

going down
doctors

Pool for PPOs splits insurers and reinsurers

Insurers and reinsurers are split over the idea of an industry pooling solution to deal with the size and duration of periodical payment orders, according to a straw poll conducted by actuary Towers Watson.

Claims | 13 Mar 2012 secure

weightlifter

Reinsurance - January renewals: Toughen up

Despite the catastrophes of 2011, the predicted — and much needed — January renewal rate hardening has failed to materialise.

Reinsurance | 24 Jan 2012 secure

Revolving door

Market moves: Insurers and consultants up the pace

As the insurance sector settles into 2012 its activity in the recruitment space has gathered momentum. Insurers had a busy week, with Markel, Mitsui Sumitomo and Royal Bank of Scotland Insurance bringing in fresh faces. Brokers, meanwhile, had another...

Insurer | 17 Jan 2012 secure

Bradford Town Hall

Bradford top for motor premium rises

Bradford saw the highest increases in motor insurance premiums last with a whopping 17.1% compared with an overall average below 5%, Confused.com and Towers Watson claim.

Broker | 12 Jan 2012 secure

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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

Duncan Anderson

Penny speed meets... Duncan Anderson, global P&C pricing & product management leader, Towers Watson

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...

Insurer | 10 Jan 2012 secure

A pair of glasses resting on the jobs section of a newspaper

Market moves: Insurers lead the way in recruitment

As the industry heads into 2012, insurers appear to be the most active in the recruitment space. Leading the way in Chaucer, with five new global hires, and Chubb, which brought in four new faces for the new year. Meanwhile, Tokio Marine added two...

Insurer | 03 Jan 2012 secure

gold-comedy-tragedy-mask-hanging-on-green-background

Review of the year - General insurance: Regulatory dramas

2011, a year dominated by regulatory and 
legislative change, could yet prove to be a 
landmark 12 months for the insurance industry.

Insurer | 13 Dec 2011 secure

down-graph

Insurers cannot rely on internal models

Two-thirds of insurers aim to use independent experts to validate market risk assumptions in internal models, according to a survey from Towers Watson.

Insurer | 05 Dec 2011 secure

rory-o-brien

Towers Watson hires five to make telematics programme global

Towers Watson has made five senior appointments to help roll out a programme that aims to support insurers in creating products priced according to the driver’s behaviour.

Insurer | 07 Nov 2011 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
post-oct11-broker-1ross

Broking Supplement: Top 25 EC3 Brokers Spotlight

There have been few changes at the top - but it has been another year of steady progress for the top 25 EC3 brokers.

Broker | 25 Oct 2011 secure

family

Rating factors - Age: Age-old 
dilemma

After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?

Claims | 25 Oct 2011 secure

Long-term prospects are now front of mind for accountants

Market moves: All change at Zurich and Willis

Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.

Insurer | 25 Oct 2011 secure

recruitment

Two join Towers Watson in Asia

Towers Watson has strengthened its private markets research resources in Asia with the appointment of Richard Tan and Agnes Lee to its Hong Kong office.

Insurer | 20 Oct 2011 secure

recruitment

Market moves - 20 October 2011

This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.

Broker | 18 Oct 2011 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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