Articles by Francesca Nyman
IUA begins 'most extensive' London company market survey
The International Underwriting Association has begun research for its 2014 London Company Market Statistics Report designed to provide analysis of the market's premium income.
Towers Watson adds to P&C team with senior hires
Towers Watson has appointed Charlie Kefford and Kirsty Gray to its UK property and casualty insurance senior management team.
300 000 car accidents staged since 2009
An estimated 300 000 car accidents were staged in the past five years equating to over 1000 every week, according to research by insurer LV.
Air frost days cost insurance sector over £1m
The insurance sector is hit by approximately 1000 additional private motor claims and pays out over £1.3m on repairs every time the UK is hit by air frost, according to analysis commissioned by Audatex.
Ace launches casualty practice in South Africa
Ace Group has launched a new casualty insurance practice in South Africa and appointed Lee Stacey as head of casualty for the region.
FCA slaps broker Homeserve with £30.6m fine
The Financial Conduct Authority has issued its largest ever retail fine of £30.6m to broker Homeserve following “serious, systemic and long running failings” across key aspects of its business.
ABI rejects suggestions mesothelioma payout will increase to 100% over time
Asbestos Victims Support Group Forum attacks exemption U-turn.
Insurance CEOs optimistic about revenue growth
The majority of global insurance chiefs believe they will grow their businesses over the next three years, research from PwC has found.
Former RBS boss Hester appointed RSA Group CEO
RSA has named Stephen Hester as group chief executive and a director of the company, filling the vacancy left following Simon Lee’s exit.
GSII capital requirements must strike right balance, says Insurance Europe
Basic capital requirements devised by the International Association of Insurance Supervisor for global systemically important insurers need to strike a balance between risk-sensitivity and complexity, Insurance Europe has said.
Biba renews travel deal with Tokio Marine
The British Insurance Brokers' Association has renewed its holiday travel scheme with Tokio Marine Europe Insurance - first launched in 2007 - following positive member feedback.
County Group unveils £50m broking target
The County Group has unveiled a broking target of £50m over the next four years following the release of its financial results for the year ending September 2013.
Prudential's Nuvoloni appointed DIMA chairman
Dublin International Insurance & Management Association has appointed Marco Nuvoloni as chairman of the association, replacing the outgoing Stephen Devine.
Meso sufferers could get 100% compensation says Labour peer
Compensation payments under the new Mesothelioma Act will increase over time to give victims 100% of what they are due, Lord McKenzie of Luton has predicted.
Higos swoops for Bluefin team
Higos Insurance Services has bolstered its commercial insurance team with several new additions from rival Bluefin.
Ukrainian market shows signs of strong recovery
Profitability in the Ukrainian non-life insurance sector has recovered strongly in recent years but standards of regulation and financial reporting continue to act as a drag on ratings, according to Fitch’s market update.
Quindell set to acquire remainder of Ingenie
Outsourcing provider Quindell has agreed a deal to acquire the remaining shares in telematics firm Ingenie.
Sir John Major and The Apprentice’s Brady to deliver Biba keynotes
The British Insurance Brokers' Association has booked Sir John Major, Karren Brady, John Prescott, David Davis and Ming Campbell as the keynote speakers for its annual conference.
Insurers harness power of online reviews
Insurers are beginning to recognise the value of online customer reviews in persuading consumers to purchase products, according to new research by Autoglass.
Mesothelioma Bill handed Royal Assent ahead of schedule
The Mesothelioma Bill is now an Act of Parliament after being granted royal assent.
Airmic welcomes commercial insurance law changes
Proposed changes to the law governing commercial insurance will give risk manages greater confidence in the products offered by the London Market, according to Airmic chief executive John Hurrell.
Markel promotes two on property treaty team
Markel International has promoted Nick Hillman and Nick James to senior underwriters on the property treaty account in its specialty division.
Law Commission proposals should not 'strike fear' into insurers
Insurers have little to fear from proposals to reform the law governing commercial insurance according to DAC Beachcroft partner Nick Young.
Law Commission issues draft proposals on commercial insurance
The Law Commission yesterday unveiled draft clauses of the Insurance Contracts Act 2015 which would redefine the circumstances under which insurers could refuse to pay out on commercial policies.