Commercial
Ardonagh outlines coronavirus lockdown impact
Ardonagh Group has revealed a 1% drop in income year-on-year in April, pointing to a limited impact from the Covid-19 crisis as adjusted Ebitda rose to £20.7m.
Educating and representing during Covid-19: How insurance trade and training bodies are operating remotely
There has been a lot of focus on how different insurance companies have responded to the Covid-19 pandemic, but what about the representative and educational organisations that are part of the lifeblood of the sector? Post content director Jonathan Swift…
Towergate strikes first buys of 2020
Towergate Insurance Brokers has bought the Education Staff Absence insurance book from Integro and snapped up farm insurance specialist Edwards & Swan Insurance Brokers.
Aviva predicts £200m in Covid-19 BI claims
Aviva has predicted it will see £200m in business interruption claims net of reinsurance.
Analysis: The parametrics push powers on
Parametrics has been around for a while but a slew of new entrants means it is now poised to make its mark on UK general insurance
Hospitality businesses gear up for group action against Aviva and QBE
Aviva and QBE face multimillion pound claims from a group of hospitality businesses that were denied cover when they sought to recoup pandemic-related losses.
London Market report shows steady commercial share but reinsurance declines
The London Market was responsible for $110bn (£89.7bn) of premium in 2018 with 8.1% year on year core growth across property, casualty and financial lines, according to the latest research by the London Market Group.
Aviva names George Culmer as chairman
Aviva has appointed George Culmer as chairman to replace Sir Adrian Montague on 27 May after its annual general meeting.
Ferma mulls call for pan-European pandemic solution
Future events causing non-damage business interruption losses on the scale seen during the coronavirus pandemic could require a pan-European approach in addition to national pools and solutions, the president of the Federation of European Risk Management…
Blog: The future role of insurers in a post Covid-19 society
Paradoxically, uncertainty is the one certainty in today’s pandemic regime - the insurance industry is facing a far more indeterminate present and future writes Paul Coleman, managing director of NPA Insurance.
Insurance Covid-Cast episode 14: Newsmaker special with Crawford & Company group chief executive Rohit Verma
In this Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focused on the people behind the lockdown headlines.
Axa, Bought By Many and WPA discussed why new technology alone will not save insurers but changing mind-sets to seize digital opportunities will
There has been a lot of discussion within the insurance community about using various new technologies to seize digital opportunities, but is simply investing in new technologies alone enough to ensure success?
Cooter completes half of portfolio with Qlaims chair role
Former Covéa Insurance commercial lines and high net worth director Simon Cooter has taken on the non-executive chair role at Qlaims, the holding company of technology provider Qlaimstech and managing general agent Qlaims Insurance.
Insurance sector targets £100m with Covid-19 charity launch
The UK insurance and long-term savings industry has launched the Covid-19 Support Fund with £82.5m of its £100m target already pledged to help people hit hardest by the crisis.
Hiscox accused of confirming businesses' coronavirus cover then rejecting claims
Some businesses that have had coronavirus-related claims rejected by Hiscox were told in writing prior to lockdown that they would be covered, according to an action group challenging the insurer.
Insurance Covid-Cast episode 13: Litigation under lockdown - how are lawyers and insurers managing legal disputes during the coronavirus?
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of lawyers and claims experts to discuss how they are managing dispute resolution and…
Danuta Gray appointed DLG chair
Danuta Gray, non-executive director and chair of Direct Line Group’s remuneration committee, will succeed Mike Biggs as chair of DLG on 4 August 2020.
Hiscox Action Group to launch £40m arbitration claim 'within days'
An action group of 400 Hiscox business insurance policyholders is to launch an “expedited arbitration claim” against the insurer worth almost £40m.
Zego trialling sales with brokers
Zego is in trials on selling its usage-based motor policies in partnership with brokers, co-founder and CEO Sten Saar told Post.
Allianz's Simon McGinn on sustainability
With nations forced into lockdown, economies struggling and health systems under extreme pressure, the Covid-19 pandemic is one of the biggest challenges any of us has ever faced. But the crisis could also prove to be a much-needed catalyst for action on…
FCA invites broker and policyholder input as it builds BI test case
The Financial Conduct Authority has invited policyholders and brokers with unresolved Covid-19-related disputes with insurers over business interruption polices to put forward their arguments for why claims should be paid.
Zurich expects $750m Covid-19 hit
Zurich has predicted a $750m (£614m) property and casualty hit over the course of the year due to the coronavirus pandemic.
This week: More questions than answers
This week started out with more questions than answers as Prime Minister Boris Johnson announced his plans to 'actively encourage' those who hadn't been able to go to work through the lockdown back into the workplace albeit with some heavy caveats.
Allianz confirms John Berry as CRO
John Berry has been appointed chief risk officer for Allianz Holdings and Allianz Insurance having held the role on an interim position since the start of the year.