Claims
Rugby club insurer RSA working on M5 crash
Bosses at RSA — the insurer responsible for covering Taunton Rugby Club — have said it is too early to comment on a police investigation into claims that smoke from a club firework display may have caused the M5 crash.
Law report: Solicitor wins back outstanding fees despite counterclaims of professional negligence
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Environcom appeal rejected over disclosure dispute
This law report has been contributed by national law firm Berrymans Lace Mawer.
View from the top: A better deal on motor
We have a problem. As an industry, claims inflation in motor insurance is racing ahead of average earnings increases.
Rehabilitation: Providing the carrot
While the use of rehabilitation has made great strides in the past few years, is a more co-ordinated approach with tangible incentives needed?
Agency workers: Temporary conditions
The Agency Workers Regulations will give temporary staff the same basic rights as permanent employees. What does this mean for liability policies?
Post magazine – 10 November 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Fitch: UK motor insurers need to control claims costs
Fitch Ratings said that the trading update released today by Admiral leads it to question the ability of underwriters to control the rising cost of motor claims involving personal injury.
Oxygen to sell off remaining assets - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how market commentators believe large employee expenses and lack of profits are behind the demise of seven-year old Oxygen Holdings, as it prepares to sell off its…
Admiral share price slumps as Engelhardt warns of no reserve releases in Q4
Equity analysts are maintaining a “cautious hold” recommendation on Admiral’s share price as it dropped this morning revealing large personal injury claims continued to create large costs. Admiral boss Henry Engelhardt also warned there could be no…
Swiss Re makes $130m in natural catastrophe protection
Swiss Re has obtained a further US$ 130m in protection through the Successor X catastrophe bond programme covering North Atlantic hurricane and European windstorm.
Endsleigh settles in £15.5m claims row
Ensleigh has confirmed that it has reached a “mutually acceptable agreement” with Southern Rock.
Crawford’s fraud buster Gracey quits
Crawford fraud boss Bobby Gracey, has resigned from the loss adjuster to become chief executive of Glasgow-based International Fire Investigators & Consultants.
Crawford’s nine-month income up 203%
Crawford has announced net income in its third quarter grew 18% to $15.3m (2010: $12,9m), taking the year to date’s net income to $40.9m, up more than 200% on the previous year’s $13.5m.
AIR releases inland flood model for Germany
AIR Worldwide has released an inland flood model for Germany that is said to offer a fully probabilistic approach for determining the likelihood of flood losses from all types of storms.
AIR releases German flood catastrophe model
Catastrophe risk modelling firm AIR Worldwide has released an inland flood model for Germany that is said to offer a fully probabilistic approach for determining the likelihood of flood losses from all types of storms.
Towers Watson hires five to make telematics programme global
Towers Watson has made five senior appointments to help roll out a programme that aims to support insurers in creating products priced according to the driver’s behaviour.
Bowler is top City insurance woman
DWF partner Claire Bowler has beaten off the competition to win the Insurance category for the 2011 Women in the City Woman of Achievement Award.
CED expands its network in Wallonia with the takeover of Bureau Farcy et Cie
Loss adjuster in the Benelux and Spainish regions, CED has expanded its presence in Belgium with the takeover of Bureau Farcy et Cie sprl.
Now Health introduces currency flexibility for Europe
Private medical insurance provider Now Health International, has introduced a flexible currency facility for customers in Europe, the Americas, Africa and Asia Pacific.
CII launches initiative to boost young professionals
The Chartered Insurance Institute is hoping to bridge the generation gap between today’s industry leaders and tomorrow’s insurance professionals by launching broking, claims and underwriting focus groups.
Q&A: Jorge Luzzi
Jorge Luzzi, president of Ferma and corporate risk management director at Pirelli & C SpA spoke to Francesca Nyman about what risk managers want from insurers, the current economic climate and what he aim to achieve in his two year presidency.
DAS appoints operations head
DAS Group has named Richard Harris as head of claims assistance.
Thai floods: Insured losses creep up
Global reinsurance broker Aon Benfield has estimated the insured losses from the floods in Thailand could be at least US$4.6bn.