Broker
South Korea, Turkey, Indonesia and Mexico next economic "juggernauts," claims Willis
Preparing for a new wave of emerging markets is one of the key risks businesses face over the next 12 months according to broker Willis.
Post magazine - 24 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Weather and emerging markets key 2013 risks, warns Willis
Extreme weather and a new generation of emerging markets are among a new list of risks faced by businesses over the next 12 months identified by Willis.
Hyperion future acquisitions not dependent on IPO 'stepping stone'
Hyperion's future growth is not reliant on realising its ambitions to launch an initial public offering, according to management, which has confirmed that these plans could be on hold until next year.
Second phase of Aviva 'diet' to target cash generation
The second phase of the Aviva restructuring process will put the 'slimmed down' insurer on a fitness regime with a view to generating more cash, according to analysis carried out by Investec.
AML targets restaurants with new policy
AML Underwriting has launched a policy aimed at restaurants and similar establishments.
Revenues rise 42% at Hyperion
Hyperion has seen total group revenues reach £111m for the year ending 30 September 2012, up 42% from last year's equivalent of £78m.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Aon revisits bonus payout decision
Insurance broker Aon is considering backtracking on an offer to delay payment of employee bonuses until the start of the new tax year, according to reports.
Lonmar hires Towergate MD
Lonmar Global Risks has recruited former Towergate MD Martin Hughes to support its growing presence in the UK broker and MGA market.
Broker success stories should inspire change
Firms should take inspiration from the brokers and carriers that have modernised and are exploiting a formula for business success when looking to benefit from new opportunities in 2013, according to Sequel.
Biba finds optimistic broker outlook for future
Brokers are more positive about investing in new staff according to a survey by the British Insurance Brokers’ Association.
Hyperion expects key Dual hire after Colosso joins Howden
Hyperion bosses are hoping to follow up the imminent arrival of Adrian Colosso as non-executive chairman of the group's Howden broking subsidiary with a similar appointment at Dual.
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.
CBI: Insurer business volumes grow as brokers report steep fall in business
General insurers have seen "robust growth" in business volumes over the past three months, in contrast to insurance brokers, which have reported a "steep fall in business".
Aon defers bonuses to benefit from lower tax
Aon has offered staff the option to benefit from lower income tax by delaying bonus payments until after April.
Bluefin opens Bromley office
Bluefin has moved its Private Clients contact centre operation from West Wickham to new larger premises in Bromley to accommodate rapid expansion plans for 2013.
ProSight recruits former Guy Carpenter UK boss as chairman
Former Guy Carpenter UK managing director Mark Hewett has been named chairman of ProSight Specialty Underwriters with immediate effect.
Groupama extends range of small fleet product
Groupama Insurances has extended the range of its Optima Small Fleet product, making it available for well-managed small fleets of up to 25 vehicles.
Youngest female motorists hit with 50% premium rise, claims report
Female drivers aged 17 and 18 have seen motor insurance premiums rise by up to 50% since the EU Gender Directive was introduced last month, according to figures uncovered by Uswitch.
R&Q outlines captive exit solution
Randall & Quilter Investment Holdings has effected a novation of policies from Guernsey-domiciled captive insurer SL Insurance to R&Q Insurance.
ABI hits back at Biba claim regarding increased payout battle
The Association of British Insurers has rejected the view expressed by the British Insurance Brokers' Association that the challenging economic climate has led to insurers adopting a stricter policy interpretation.
ABI slams revised FSCS rules
The Association of British Insurers has condemned plans by the Financial Services Authority to update its rules for the Financial Services Compensation Scheme, saying that insurers will be paying for the failure of other financial institutions.