Claims
Tokio Marine Europe files for Chapter 15 recognition in US
Tokio Marine Europe Insurance Ltd, a part of the Tokio Marine Group, has filed a petition for protection from creditors within its recently approved solvent scheme of arrangement under Chapter 15 in US bankruptcy court in Manhattan.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Marsh forms new global claims practice
Companies that manage the claims process effectively are better able to protect their resources, secure their bottom lines, and maintain daily operations, according to Marsh.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Broker Assistance signs AA Accident Management deal
Broker Assistance has signed an agreement with AA Accident Management to handle credit hire claims for the broking group’s commercial customers.
Law firms anticipate rise in risk management costs
More than 85% of law firms expect the cost of risk management to rise, according to a survey by Travelers.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
AM Best affirms ratings of German insurer SOVAG
AM Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of 'bbb' of SCHWARZMEER UND OSTSEE Versicherungs-Aktiengesellschaft SOVAG. The outlook for both ratings remains stable.
Allianz recruit strengthens XL property business
XL Insurance has appointed Ralf Brunner property underwriting manager for Germany and Switzerland, based in Munich.
Volkswagen launches accident management product
Volkswagen Insurance Service, the insurance arm of Volkswagen Financial Services, has launched an accident management product.
Exclusive Fleet and accident content live
Insurance Insight’s weekly update is now live.
Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Exclusive Fleet and accident content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how implementing a collision free culture can help fleet safety; as well as a View from the Top on how accident cover in Spain has been hit by the financial crisis.
Post Europe: View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Post Europe: Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
Guernsey removed from US ‘blacklist’
Guernsey’s engagement with Washington has resulted in Democrat Senator Carl Levin removing the island from his ‘blacklist’.
View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
Guernsey removed from US ‘blacklist’
Guernsey’s engagement with Washington has resulted in Democrat Senator Carl Levin removing the island from his ‘blacklist’.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Co-operative calls for tougher stance on false claims
The Co-operative Group is calling for tougher penalties for firms that encourage false personal injury claims and cold-call potential claimants via email, text or phone.