Articles by Stephanie Denton
CNC conducted ‘incomplete economic analysis’ of cartel insurers
Improper economic analysis by Spain’s competition commission led it to wrongly find eight insurers guilty of price fixing, according to legal experts.
Website review: Slow response bytes into Zurich performance
Availability was good, but not as good as most of its competitors, says compuware firm Gomez.
Xchanging 'makes history' with ECF app launch
Xchanging has launched a mobile application for the London insurance market in a move it claims will "make history in the market".
Eastern European wind now more 'bankable'
As manufacturer and developer ambitions escalate, Eastern European wind energy projects are becoming increasingly ‘bankable’.
Editor's comment: The no competition commission
You learn something new every day, or so the saying goes. Well I certainly learnt something new this week, along with several PRs — judging from the responses I got.
Mapfre reports 2012 revenues up 7.5%
Spanish insurer and reinsurer Mapfre has reported an increase of revenues for the year ended 31 December 2012, attributing the growth to its Brazilian and USA businesses.
Vamco claims outsourced motor ‘first' as it gains ABS approval
Outsourced motor insurance claims specialist Vamco has been granted approval to operate its own in-house law firm.
Torbjörn Magnusson elected VP of Insurance Europe
Torbjörn Magnusson, president and chief executive of If P&C Insurance, Sweden, has been elected vice-president of Insurance Europe.
Beazley launches cyber product with data coverage limit
Beazley has launched a cyber product focusing on the amount of data covered rather than a financial limit.
BLM appointed to government Litigation Panel
Berrymans Lace Mawer has been appointed to the General Litigation Lot within the Government Procurement Service Legal Services Framework Agreement – a framework agreement designed to provide a wide range of legal services.
Broughton to replace McGinn as Hanks unveils Allianz exit date
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz with effect from 1 July.
Nexus Group appoints Cotton group chief financial officer
Managing agency group Nexus Underwriting Management has appointed Nigel Cotton as group chief financial officer.
Liberty International Underwriters names Halligan as aviation head
Bill Halligan has been appointed as head of aviation at Liberty International Underwriters.
90% of London market claims processed electronically
The use of electronic claims files in the London company market is much more extensive than previously stated, according to the International Underwriting Association.
Editor's comment: Bowing out from Brussels
Complaining about the influence of the European Union on British affairs is almost as much a talking point as the weather in the UK, but insurers have fair grounds. Since Solvency II was first proposed, many in the UK insurance industry believe the…
The indirect tax problem
Tax compliance can be a challenging issue for insurers and as Anne-Louise Fogtmann discovers unprecedented levels of indirect tax changes across Europe in 2013 are likely to keep insurers on their toes.
Investing in the Profession: Hastings announces 200 new jobs in move to triple its customer base
South Coast insurance broker Hastings Direct has signalled its intention to bring fresh blood into the business with plans to recruit 200 new employees.
CV Starr underwriter joins Argo International
Argo International has appointed James Cassidy as an underwriter in its general liability team.
Sandy leaves Allianz operating profit outlook unchanged
Allianz has estimated that Hurricane Sandy, which hit the north eastern coast of the United States in late October 2012, has had an estimated total impact of $590m.
Aon Benfield warns insurers to consider severe space weather events
Aon Benfield has advised the insurance industry to consider the potential ramifications of a severe space weather event, as solar and geomagnetic activity is predicted to peak in the next 12 months.
Norway's Gjensidige enhances risk management architecture
Norwegian insurance company Gjensidige has enhanced its risk management architecture to help comply with Solvency II.
AIA completes acquisition of ING Malaysia
AIA Group has successfully completed the acquisition of ING Management Holdings (Malaysia) following receipt of the required regulatory approvals.
XL Group appoints Marsh's Lineham to political risk team
XL Group has appointed David Lineham to its political risk and trade credit team.
Insurance Insight closed for festive period
Insurance Insight's offices will be closed from 19 December 2012 to 2 January 2013 for the festive period. We would like to take this opportunity to wish you all a very Merry Christmas and a Happy New Year.