Articles by Mairi MacDonald
Trade body welcomes Eiopa revisit of long-term guarantees
The European Insurance and Occupational Pensions Authority has launched a technical assessment to find the most appropriate treatment of long-term guarantees under the forthcoming Solvency II regulations.
P&C insurers better placed than life firms to weather economic storm
Property and casualty insurers are better positioned to withstand a slow growth environment compared to life insurers, which will be more impacted by the weak global economy given they are mainly "discretionary" purchases and the low interest rates,…
Apil and Mass launch judicial review of RTA personal injury scheme
The Association of Personal Injury Lawyers and Motor Accident Solicitors Society have launched a judicial review of the Justice Secretary's decision to reduce the amount of fees payable for cases conducted through the road traffic accident personal…
Am Best affirms Swiss Re rating
Swiss Re's A+ financial strength rating and issuer credit ratings of ‘aa‘ have been affirmed by AM Best.
Catlin launches new terror cover
Catlin has introduced a new terrorism insurance product via its London-based underwriting subsidiaries.
Gable gets French connection with new product
Gable Insurance has launched a rental guarantee product into the French market following successful launches in Norway and Denmark.
HCML launches new system to improve rehab service
Health & Case Management Limited has expanded its immediate medical assessment service for insurers and solicitors with a view to improving benefits for the injured party.
Insure The Box launches "girlish" brand
Telematics specialist Insure The Box has launched a new brand, Drive Like a Girl, that it claims can help "young female drivers beat the EU price hike in car insurance" by rewarding young drivers, regardless of gender, who can "prove" they drive safely…
Claims Portal progress awaits MoJ verdict
Claims Portal Limited said that it is reliant on draft protocols, forms and rules as it prepares the software for the Ministry of Justice's 1 April deadline for the planned extension to the Claims Portal.
Junction extends RAC motor deal
Junction has extended its agreement with the RAC to manage motor insurance for new and existing customers for another five years.
Thatcham unveils Zurich's Emms as chairman
Zurich's chief claims officer for the UK, Tony Emms, has been appointed chairman of the board at automative research centre Thatcham.
Axa $850m subordinated notes assigned BBB by S&P
Standard & Poor's has assigned its BBB long-term issue rating to the $850m perpetual subordinated notes issued by French holding company Axa (A-/Stable/A-2).
Marchington aims high with new broker
Andrew Marchington's start-up broking venture Highworth Insurance is aiming to achieve £5m to £10m gross written premium within three years, targeting the mid to high net worth and non-standard home insurance market.
AIG on-risk for helicopter crash as Crawford investigates
Crawford & Company will handle claims arising from the fatal helicopter crash in south west London this morning.
Cooper Gay completes Lightyear deal
Cooper Gay Swett & Crawford has confirmed that its investment agreement with Lightyear Capital has completed.
Gallagher lines up Barbon as next acquisition target
AJ Gallagher is closing in on a deal to acquire Barbon Insurance Group, Post understands.
European Parliament clamps down on rating agencies
Rating agencies' shareholdings in rated firms are to be capped to reduce conflict of interest under new rules approved by the European Parliament.
European Parliament clamps down on rating agencies
Rating agencies are to have their shareholdings in rated firms capped to reduce conflict of interest under new rules approved by the European Parliament.
Rural ramps up underwriting team with ex-Aviva hire
Former Aviva commercial underwriter Simon Dixon has joined Rural Insurance's underwriting team as the first of four development underwriters the firm plans to recruit this year.
Zurich stresses importance of supply chain management
Organisations need to better understand the increasing complexity of their supply chain and evaluate the related risk exposures, according to Zurich.
Quindell reports £47m Ebitda
Quindell Portfolio's revenue is expected to reach £165m for the full year 2012 with adjusted Ebitda of approximately £47m, subject to audit.
Plumeri rounds on contingent commissions
Outgoing Willis chief executive Joe Plumeri has criticised a resurgence in the payment of contingent commissions to brokers by insurer partners.
Sandy loss "comfortably" within budget, says Hannover Re
Losses arising from Superstorm Sandy are within Hannover Re's major loss budget for 2012 after the firm estimated a €261m net burden of loss from last October's storm.
Ex-Chubb manager Wozniak joins Bluefin
Jon Wozniak has joined Bluefin Solutions as business development director.