Claims
Cheung to leave Direct Asia for AIG
Adrian Cheung, regional head of actuarial, Direct Asia will leave the Hiscox-owned insurer and join AIG at the beginning of May.
Claims Conference Asia: Allianz keynote Q+A
Post asks Claims Conference Asia - Hong Kong keynote speaker Chin Feng, CEO of Hong Kong & Greater China, Allianz Global Corporate & Specialty about his career, China and claims.
Post magazine - 23 April 2015
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.
Editor's comment: Solidarity in a surge
The insurance industry received a chilling warning at this week’s Post Claims Club, when deputy president of the Chartered Institute of Loss Adjusters Benedict Burke told attendees that the sector could not respond to a claims surge on the scale of the…
19,500 claims from New South Wales storm
There have already been 19,500 claims totaling A$129m (£67m) from the huge New South Wales storm according to the Insurance Council of Australia.
AA index reports 3.6% household premium drop
The average combined quote for a combined home buildings and contents policy dropped by 3.6% in the first quarter of 2015, according to the AA British Insurance Premium Index.
Market Moves - 23 April 2015
Who has moved where in the industry this week.
New South Wales hit by powerful storm
Torrential rain and strong winds have disrupted New South Wales causing major flooding and damage.
Incoming Apil president to criticise fundamentally dishonest defence
Incoming Association of Personal Injury Lawyers president Jonathan Wheeler is to criticise the Criminal Justice and Courts Act's treatment of claimants considered to be fundamentally dishonest in his 23 April address at the Apil conference.
Horse Racing: The original extreme sport
The headline above was how Channel 4 promoted 2014’s Grand National, and they could well be right, with serious injury a real risk.
Laspo: Is it working?
Claims reforms may have reduced costs and made the process more efficient, but insurers and solicitors agree more needs to be done.
Thailand approves class action lawsuits
Thailand's National Legislative Assembly will allow class action legal proceedings for the first time from December.
Insurer and Christchurch City Council in earthquake dispute
The Christchurch City Council is in dispute with its insurer Civil Assurance over payouts from the devastating 2011 earthquake.
Claims Club: Loss adjusting could not respond to a surge on 2007 scale warns Burke
Falling demand for ‘business as usual’ loss adjusting services has left the industry unable to service claims at the peak of a surge, according to Benedict Burke, deputy president of the Chartered Institute of Loss Adjusters.
Claims Club: Collaboration during catastrophes vital to protect industry reputation says Biba
Collaboration at times of surge remains a polarising topic, with the industry divided on the extent to which rivals should work in partnership during catastrophic events.
Quiz of the week - 17 April 2015
Test your knowledge of this week's insurance news stories with Post's quiz.
Claims Club: Importance of loss adjusters must increase for UK to regain status as pre-eminent insurance market
Insurers need to cut out bureaucracy, the role of lawyers has to be reduced and importance of loss adjusters increased if the UK is to regain its position as one of the world’s pre-eminent insurance markets.
Towergate 'streamlines' loss adjusting panel
Towergate Insurance has overhauled its loss adjusting panels following a tender process involving nine companies.
Willis cuts 350 roles as part of plans to save $420m by 2017
Willis is set to shed 350 jobs across the UK as part of its restructuring programme announced last year.
British Insurance Awards 2015 - The shortlist
Today Post reveals the firms that have been shortlisted for the 2015 British Insurance Awards.
Williams to succeed Moorse as Quindell finance boss
Quindell group finance director Laurence Moorse is to step down from the company's board at the completion of sale of the professional services division to Slater and Gordon.
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
Legal Update: Exposure and the global threat
Chemical exposure can lead to the onset of disease. David Kidman looks at how this could impact insurers.
Europe: From Bolton to Bermuda
Like double decker buses, Bermuda hadn’t had a hurricane make landfall for 27 years – then experienced two in five days. The phenomenon tested loss adjusters at McLarens to the limit