New rating factors needed after European gender ban – Insurance News Now – 2 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including what the ECJ’s ruling that a person’s gender can no longer be used to calculate insurance premiums or annuity rates will mean for insurers.
The ruling comes into effect in December 2012.
In other news, AA Insurance has set out its strategy to expand its commercial insurance offering by tapping into the group's customer base across its many different trading channels; RBSI CEO Paul Geddes has revealed that if the insurer decides to float in 2012, it will probably be done in a number of tranches; Allianz is set to apply rate increases of up to 10% on its commercial and retail books to return to profitability; and Hiscox chairman Robert Hiscox has said that the Lloyd's insurer is looking for underwriting opportunities arising from the political unrest in the Middle East and North Africa.
Keep up to date with all the latest insurance news as it breaks at postonline.co.uk
About the author
Tracey has 16 years publishing experiencing across many platforms.
She joined Incisive Media's Insurance Division from Datateam Business Publishing in 2009, and following stints as a sub-editor online and managing editor online for the company's insurance brands, she has taken on the role of product manager within the insurance division and is tasked with ensuring an excellent user experience and looking for new ways to take our content to market. Let her know what you think @insurancetracey
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
More on Broker
Jensten’s focus ‘remains the same’ following funding boost
After securing an additional £170m in funding dedicated to growth, Jensten chief financial officer Ed Hannan tells Insurance Post that it will continue to build a "compelling proposition" for vendors and potential investors.
Consumer Duty causes insurer service to start to improve
After market-wide issues such as staffing and hybrid working causing issues insurers service standards to plummet over the last couple of years, research has revealed providers are finally improving the way they help brokers.
Diary of an Insurer: Consilium’s Roxy Zeb
Roxy Zeb, partner in Consilium’s professional and executive risks team, talks about getting back into the Lloyd’s and the London market after 10 years in Australia, her desire to inspire and drive greater diversity, as well as her love of property renovation.
WTW’s Read on broker consolidation
View from the Top: John Read, managing director of WTW Networks, explains the role of broker networks in the consolidation cycle.
Roundtable: Scaling up new technology while avoiding the pitfalls
Many commercial insurers and brokers are keen to adopt more automation and AI to drive efficiency and improve customer outcomes. However, the complex and bespoke world of corporate insurance means they face greater challenges than in the personal lines/SME sectors.
Cila boss’s son gets approval for ‘challenger broker’
Chris Bissell, son of Chartered Institute of Loss Adjusters’ executive director John Bissell, has received Financial Conduct Authority approval for his broker firm Bissell & Partners.
Biba’s Trudgill on attracting fresh talent to insurance
Trade Voice: Graeme Trudgill, CEO of the British Insurance Brokers’ Association, reports on the body’s efforts to pitch a career in insurance to school pupils.
Howden’s Will Bloomer passes away unexpectedly
David Howden, CEO of Howden Group, has paid tribute to his organisation’s chief corporate and legal affairs officer Will Bloomer, who passed away “suddenly and unexpectedly” last week.
Most read
- Integration and restructuring costs push RSA to 2023 loss
- Which urges FCA to take action on premium finance following investigation
- Could Jaguar Land Rover issues derail OEM insurance ambitions?