Amy Ellis
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Zurich defends “woeful” riot response
Zurich has responded to Labour MP for Tottenham, David Lammy, who told BBC Radio 5 Live yesterday that the response of insurance companies following the riots, particularly Zurich, was "woeful".
UK General and LIM sign new deal for expenses cover
UK General Insurance has signed a deal with Legal Expenses Management to provide its legal expenses cover.
New Zealand market in “state of transformation”
New Zealand’s non-life insurance market is in a state of transformation as it grapples with prolonged earthquake activity in addition to regulatory developments, a new special report from AM Best has found.
AIB to challenge Quinn’s bankruptcy
Anglo Irish Bank is set to challenge Sean Quinn’s insolvency proceedings in Northern Ireland, according to the Irish Independent.
Zurich launches ‘5 point plan’ for extreme weather
Nearly two thirds of British businesses suffered disruption to their supply chain because of last winter’s bad weather.
HCML launches joint working group
Health & Case Management is set to launch a joint working group of medical experts.
Sean Quinn declares himself bankrupt
Founder of failed Quinn Insurance, Sean Quinn has been declared bankrupt, according to the BBC.
RBSI appoints Manser to head up investor relations
Neil Manser joined RBS Insurance as head of investor relations on 7 November.
House rebuilding costs level out
The UK's index of house rebuilding costs produced by the Building Cost Information Service of the Royal Institution of Chartered Surveyors has started to level out.
Law report: Solicitor wins back outstanding fees despite counterclaims of professional negligence
This law report has been contributed by national law firm Berrymans Lace Mawer.
Direct Line launches telematics pilot
Direct Line has teamed up with sister telematics firm Tracker to pilot the use of telematics within retail motor insurance.
Fitch: UK motor insurers need to control claims costs
Fitch Ratings said that the trading update released today by Admiral leads it to question the ability of underwriters to control the rising cost of motor claims involving personal injury.
Insurers told to set their house in order ahead of parliamentary debate
Apil has called on the insurance industry to set its house in order as MPs prepare for another debate on the cost of motor insurance tonight (8 November).
Endsleigh settles in £15.5m claims row
Ensleigh has confirmed that it has reached a “mutually acceptable agreement” with Southern Rock.
Insurers cannot underestimate work needed to comply with Solvency II
PwC has commented on today's launch by EIOPA of a public consultation on its revised proposals for reporting under Solvency II.
Thai floods could cost $10bn
In an earnings conference call this morning to analysts Aspen predicted that the market loss as a result of the recent floods in Thailand could reach as high as US$10bn.
China set for auto insurance market thaw
A possible thaw is set for China's lucrative compulsory auto insurance market for foreign insurers.
FSA fines Coutts £6.3m
The Financial Services Authority has fined Royal Bank of Scotland-owned Coutts for failings in connection with the sale of an AIG fund.
FSA to work with insurers to avoid costs from Solvency II delay
Commenting on the announcement yesterday that the Financial Services Authority plans to work with insurers to help them avoid costs from a 12 month delay to the introduction of Solvency II, Steven McEwan, of counsel in Hogan Lovells Financial…
Hyperion completes acquisition
Howden Broking Group, the broking subsidiary of Hyperion Insurance Group, has completed the acquisition of the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.
Quinn relaunch delayed
The planned relaunch of Quinn Insurance as Liberty Direct has been postponed, according to the Irish Independent.
Covea clarifies launch delay speculation
In response to speculation regarding the launch of its new price comparison site, a spokesman told Post, Covea has reviewed its launch schedule following “valuable discussions” with consumers and its insurance partners.
ESMA, EBA, and EIOPA appoint members of joint board of appeal
The three European Supervisory Authorities, ESMA, EBA, and EIOPA respectively, today appointed members and alternates of their joint board of appeal.
Parliamentary debate on no win no fee an “utter disgrace”
The Association of Personal Injury Lawyers has criticised the lack of parliamentary time allowed to discuss no-win, no-fee proposals in the Legal Aid, Sentencing and Punishment of Offenders Bill, during report stage.