Claims
Lloyd's results show first half year profit halved to £628m
Lloyd’s this morning reported that its half year profit before tax had fallen significantly to £628m (June 2009 £1.32 bn) in 2010.
BLG integrates former Halliwells staff into Manchester operation
Barlow Lyde & Gilbert has expanded to fill a further four floors of its existing premises in Chancery Place, Manchester, following the arrival of 18 partners and over 200 staff from Halliwells in July.
Questgates outlines SIA concerns
Loss adjusting firm Questgates has warned the government not “throw the baby out with the bathwater” after it revealed that the Security Industry Authority could face the axe.
Exclusive marine content now available on Post Europe
In our latest article Liam Morrissey, a partner at BTG Global Risk Partners, looks at the impact of piracy on the European insurance market.
Anti-Jackson campaign group launches
A group of charities, law firms and victim support groups have formed an alliance in opposition to Lord Justice Jackson’s proposals for civil litigation cost reform.
Xchanging names broking boss
Xchanging has appointed Artur Niemczewski as managing director of Xchanging Broking Services.
Exclusive marine content now available
In our latest article Liam Morrissey, a partner at BTG Global Risk Partners, looks at the impact of piracy on the European insurance market.
Good news for marine insurers on piracy
Piracy on European vessels is not new but the way the Dutch authorities investigated and successfully prosecuted recently is. Liam Morrissey explains why this could start a string of convictions for pirates.
Good news for marine insurers on piracy
Piracy on European vessels is not new but the way the Dutch authorities investigated and successfully prosecuted recently is. Liam Morrissey explains why this could start a string of convictions for pirates.
Pegasystems introduces new claims solution
Pegasystems has announced a new insurance claims solution that it said will “revolutionise” the way insurer’s process claims and deploy claims management functionality across operations.
Accident Exchange recovers hire charges
Credit hire organisation Accident Exchange has recovered full hire charges in one of thousands of outstanding court cases concerning allegedly dishonest rate evidence supplied by research firm Autofocus.
Munters takeover moves step closer
Disaster restoration specialist Munters Group is poised to be taken over after its two major shareholders agreed an offer from Alfa Laval AB is "not unfair".
Legal: Deafening whispers
Potentially massive claims related to financial products and major economic events such as the Madoff case and the collapse of Lehman Brothers indicate that reinsurance should brace itself for an upturn in disputes, writes Michael Lum
News analysis: H1 reinsurer results slump
Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.
Ex-Fortis fraud boss joins Groupama
Andy Pagett has been appointed by Groupama Insurances in the senior role of counter fraud manager.
Wesfarmers Insurance and subsidiary Lumley General Insurance deploy Guidewire for claims
Wesfarmers Insurance, its underwriting subsidiary Lumley General Insurance, and Guidewire, have announced that Lumley NZ has successfully deployed Guidewire Claim Center as the first step in its core systems modernisation project.
BIS 2010: less than 15% of consumers trust insurance brands
Less than 15% of consumers have trust in any insurance brand, a consumer behaviour expert has claimed.
Post Magazine – 23 September 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
Penny Black's insurance week
This week Penny witnessed the most heart-thumping, testosterone-fuelled event of the insurance calendar.
10 years ago: Industry tries to head off ATE litigation
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Solicitors' PI: The road to reform
In recent times, the solicitors' professional indemnity market has been travelling a difficult path. Jane Bernstein examines the road ahead by taking a close look at proposed industry changes and the effect they may have.
Solicitors' PI - regulation: Making the grade
The imminent regulatory sea change in the legal profession offers the ideal opportunity to tackle the unpalatable issue of the assigned risks pool once and for all, asserts Tim Oliver. Sorting the wheat from the chaff early on would benefit all.