Claims
The importance of geography
Geographical risk assessment has come on in leaps and bounds over the past 10 years. Insurers now have access to data across Europe that gives them the ability to pinpoint the locations of their insured risks better than ever before.
CL reports product recall claims surge
Cunningham Lindsey has revealed a massive increase in the number of product recall claims with their value increasing from £1.5m in 2009 to £16m in 2010.
Cunninghams set for new graduate intake
Loss adjuster Cunningham Lindsey has kicked off its search for new graduates as its recruitment programme enters its third year.
Conservative Party: no estimate exists for properties at risk of flooding
The Parliamentary Under Secretary of State (Natural Environment and Fisheries), Environment, Food and Rural Affairs has admitted that no figure exists as to how many properties are at risk if the insurance industry withdraws from the statement of…
Catlin the latest insurer to up NZ quake loss estimate
Catlin has today announced an estimate of the financial impact of the 4 September 2010 New Zealand earthquake.
Government urged to take flood action
A group of MPs have told the government that more must be done to protect properties that are under threat from flooding.
Highlands policyholders receive full payout
Highlands Insurance Company UK direct policyholders have had their claims paid following the company’s administration in 2007.
Axa and Complectus launch glass insurance product
Insurer Axa and claims firm Complectus have developed a new glass insurance product for HGVs, LCVs and cars.
AA reports motor claims running 100% ahead of normal due to bad weather
AA Insurance has experienced one of its busiest days yesterday as snow and ice led to a 100% increase in car insurance claims, compared with a normal December Monday.
Earthquakes top reinsurance losses in 2010 according to Guy Carpenter
The earthquakes that devastated parts of Chile and New Zealand were the largest source of losses in 2010, costing the reinsurance industry $8bn (£5.07bn) and $4bn respectively, according to a new report by Guy Carpenter & Company.
Earthquakes top reinsurance losses in 2010 according to Guy Carpenter
The earthquakes that devastated parts of Chile and New Zealand were the largest source of losses in 2010, costing the reinsurance industry $8bn (£5.07bn) and $4bn respectively, according to a new report by Guy Carpenter & Company.
Outsourcing firm enters insurance market
Nottinghamshire-based DDC Outsourcing Solutions is entering the general insurance market, following authorisation by the Financial Services Authority.
Merlin pledges to fulfill claims before Christmas
Merlin has committed to ensuring any new claims received from its clients by 21 December will be offered a visit from a Merlin adjuster before Christmas, providing access roads are open.
Latest snowfall brings blizzard of car insurance claims
Snow and ice sweeping Britain is expected to bring a big jump in car insurance claims, according to AA Insurance.
Lloyd's names Chaplin as Asia-Pacific chief
Insurance market Lloyd’s has appointed claims boss Kent Chaplin as the new head of its Singapore-based Asia-Pacific operations.
Exclusive legislation content now available on Post Europe
Post Europe’s weekly update is now live with a look at the impact US extra-jurisdictional sanctions have on European insurance and a View from the Top on the general equality legislation threatening the market.
Exclusive legislation content now available
Insurance Insight’s weekly update is now live with a look at the impact US extra-jurisdictional sanctions have on European insurance and a View from the Top on the general equality legislation threatening the market.
Aspen updates New Zealand loss estimate by $33m
Aspen has announced an updated pre-tax loss estimate for the New Zealand earthquake which occurred in September 2010. Losses are now expected to reach US$53m, revised up from US$20m net of reinstatement premiums.
Lorega launches Broker Network claims service
Lorega has unveiled a new bespoke commercial property and business interruption claims service for Broker Network members.
Career development & CSR news: BGL staff raise £20 000 for Marie Curie
BGL employees have raised more than £20 000 for Marie Curie Cancer Care, following the completion of a month-long challenge of cycling, walking, running, winter Olympics, skydiving and knitting.
Legal update - professional negligence: A strong defence
The illegality principle may rear its head if a second dip of the recession takes hold and insolvency practitioners engage in civil claims. Tony Hill and Kate Thompson examine the issues professional negligence insurers face from this line of attack.
Legal update - NHS recvoery scheme: Getting cash back
New tariffs introduced this year for the Injury Cost Recovery scheme have the potential to impact insurers. Peter Forshaw examines fears that the scheme may be extended further.
Postscript - 50 years ago: Faulty wire results in electrocution
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Helpline claims to be hoax victim over texts
National Accident Helpline has claimed to be the victim of a hoax, after being caught up in a Claims Standard Council investigation of unsolicited text messages.