Claims
Post Magazine - 8 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Maritime insurer Skuld reports record 9th year of underwriting surplus
Norwegian maritime insurer Skuld has reported underwriting surplus of $13m for the first six months of 2011.
Global terrorism threat more diverse but no less severe
The Global terrorism threat in the last decade has become more diverse, and more dispersed, but no less deadly according to RMS.
Brokers witness unprecedented surge in riot-related enquiries - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include the news that property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester.
Corclaim ULR signs Merrell to expand
Claimant motor specialist Mark Merrell has joined Midlands law firm Harvey Ingram’s uninsured loss recovery Corclaim brand as a director.
RBSI to learn from FOS complaints
RBSI has played down figures from the Financial Services Ombudsman showing it is the most complained about general insurer in the country.
Insurance-linked securities market poised for continued growth
The market for insurance-linked securities is poised for continued growth according to Swiss Re.
Cost of nautical-related claims back to high levels in 2011
The average cost of nautical related-claims has climbed back to high levels in 2011, according the Nordic Marine Insurance Statistics database, but may stabilise at the current rate.
Arag markets "first" UK divorce cover
Legal expense insurer Arag is claiming to be the first to launch a UK divorce insurance product.
RBSI tops Ombudsman GI complaints
Royal Bank of Scotland Insurance is the most complained about general insurer in the UK according to figures from the Financial Ombudsman Service.
Polish brokers launch €3m class action lawsuit against RSA
The Polish Chamber of Insurance and Finance Intermediaries has reported that 35 insurance intermediaries have filed a class action lawsuit against Link4, a wholly owned insurance company of the RSA Group.
Airmic supports legislation to tackle compensation culture
Airmic said it strongly supports plans to tackle the compensation culture for personal injury through The Legal Aid, Sentencing and Punishment of Offenders Bill.
AJAG publishes robust rebuttal to ABI’s case
The Access to Justice Action Group has published a robust rebuttal of the Association of British insurers’ arguments in favour of the Legal Aid, Sentencing and Punishment of Offenders Bill.
Austrian insurer Vienna Insurance Group to merge Polish subsidiaries
Austrian insurer, The Vienna Insurance Group, intends to increase its sales power in the Polish non-life market by merging the companies Inter Risk and PZM.
European insurers with US APH liabilities face solvency scrutiny
European insurers that hold US Asbestos Pollution and Health Hazard liabilities will be subject to greater scrutiny of their financial accounting according to new research.
Ecclesiastical adopts new subsidence risk model
Ecclesiastical Insurance Group has licensed a new computer model from technology provider Business Insight that predicts the risk of subsidence claims being incurred across the UK.
Axis promote cat claims manager for the Caribbean
Loss adjuster Axis has promoted a new regional manager to take over responsibility for the delivery of adjusting catastrophe claims in the Caribbean.
September 11 attacks have made insurers more resilient to ‘unthinkable' events
This is one of the findings of the latest report into the event by International insurance think tank, The Geneva Association.
Geneva Association reports on 9/11
International insurance think tank, The Geneva Association, has said the impact of the September 11 2001, attacks on the insurance industry was much smaller than expected at the time.
ABI calls for an end to the “have a go” compensation culture
Leading retailers and business groups join forces with the Association of British Insurers in calling for an end to the “have a go” compensation culture.
Cunningham get travel claims fraud role
Cunningham Lindsey has secured the contract to become the sole supplier in respect of travel claims fraud investigations for Ageas Insurance.
Insurance Insight September: Renewable energy, mobile technology and THB
Insurance Insight September is now live with an article on insurers’ growing interest in renewable energy; a look at the new demand for mobile insurance; and an interview with broker THB to find out about its latest expansion plans.
Insurance Insight Q&A: Paul Lindeboom
Broker THB recently made the news with its expansion plans for its Amsterdam office. Insurance Insight caught up with Paul Lindeboom, executive director of THB’s Amsterdam operation, to find out all the news on the new appointments and what the plans are…
Embracing the mobile technology boom
Recent research suggests that with consumer demand for mobile devices on the increase insurance cover is set to grow. Jakki May reports on whether insurers are taking full advantage of this in emerging Europe.