Claims
Analysis: Major Events in the Russian Insurance Market in Q2 2015
In Q2, the license of the chief CMTPL market player was withdrawn but returned shortly afterwards; the Russian Association of Motor Insurers summed up the results of the first quarter of 2015; Insurer ORANTA went through rough times.
Blog: Test driving the Insurance Act 2015
The new Insurance Act 2015 does not come into effect until August 2016 - as such the Act has yet to be tested in the UK courts. On 20 May 2015, the British Insurance Law Association changed that by holding the first ever mock trial exploring the new Act.
Alton Towers victims receive insurance payouts for rehab
Insurers have started paying out to the victims of the Alton Towers rollercoaster crash.
Fraud focus: Insurers beware of a red card
It has been a remarkable few weeks as events in Zurich have unfolded, says Jamie Taylor.
New Zealand's Wanganui hit by worst flood on record
After torrential rain North Island has seen some dramatic weekend flooding which has caused huge damage and hundreds of insurance claims.
Wilkinson becomes Markel's Singapore claims director
Chay Wilkinson is leaving loss adjuster Triton where he is regional director, Asia-Pacific to become Markel's Singapore claims director.
Hijacked oil tanker is rescued by Malaysia's navy
The Orkim Harmony is now safe in the hands of the Malaysian navy, after it was taken over by pirates on 11 June.
Wallis reappointed Claims Portal chairman
Tim Wallis has been reappointed chairman of Claims Portal Limited following a review of the role.
Post magazine – 18 June
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
Collier to join Berkshire Hathaway as head of claims Asia-Pacific
Tim Collier, former regional claims manager at Catlin Singapore, is joining Berkshire Hathaway Specialty Insurance later this year.
Planned changes to salvage code categorisation criticised by BVSF
The British Vehicle Salvage Federation has criticised proposals to rework the salvage code of practice, describing plans to create a three category rule for written-off cars as “one of the worst failings” in the revised code.
South Korea offers tourists free Mers insurance
To help keep attracting tourists in the middle of an outbreak of Middle East respiratory syndrome, the South Korean government is offering free insurance.
Charles Taylor to replace Robson with Creasy as chairman
Former Kiln Group chairman Edward Creasy will replace Charles Taylor chair Rupert Robson following the release of the company’s half year results on 28 August.
IAG swaps premiums for Berkshire fee
Insurance Australia Group said its deal with Berkshire Hathaway will give it income stability and free up A$700m (£346m) of capital to pursue growth.
Lloyd's issues stark El Nino food supply warning
Lloyd's has commissioned research which shows the potential huge impact an El Nino year could have on the world's food supplies.
Pool Re to encourage non-members to offer mitigation credit
Pool Re hopes to convince non-member insurers to offer the 2.5% loss mitigation credit on premiums made available through a counter terrorism initiative launched by government yesterday (15 June).
Harris Balcombe appointed to resolve war zone pipeline dispute
Harris Balcombe has been appointed by Korea Gas Corporation to resolve a pipeline construction loss in Iraq that is reinsured in the London market.
Penny Black's Insurance Week - 18 June
Penny is no stranger to glitzy black tie awards dos, but Post's recent Claims Awards provided a rare first for even this seasoned veteran.
Market Moves - 18 June 2015
Find out who has moved where in the insurance industry in this week's Market Move's column.
Recycling: A smoking gun
The plumes of smoke staining the skyline are often signs that a scrap metal yard or warehouse full of recyclate has caught fire. While it’s a distraction for the bored commuter, this troublesome sector leaves underwriters scratching their heads.
Uninsurable risk: No-go zone
According to businesses, six of the top 10 risks facing them are deemed uninsurable. Are insurers being innovative enough to address the problem?
Airmic 2015: Crawford report highlights importance of scenario planning
Crawford & Company has urged corporates to consider pre-loss and scenario planning in their risk management programmes after research conducted by the loss adjuster found that emerging and intangible risk categories require an increasing demand for…
Legal update: The Internet of Things - Who is liable?
The legacy of low-quality components could be challenging for insurers, says Jim Sherwood.
Compulsory salvage code proposed to prevent written-off cars returning to the road
Insurers have backed proposals to mandate the salvage code of practice with a view to ensuring the most severely damaged written-off vehicles do not return to UK roads, Post can reveal.