Commercial
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.
Heath Lambert launches emergency pet scheme
Heath Lambert has launched a new insurance scheme for vets designed to keep surgeries open during emergencies.
Axa appoints new CEO for Gulf region push
Axa has appointed of Jérôme Droesch as CEO for the Gulf region.
Axa appoints new CEO for Gulf region push
Axa has appointed of Jérôme Droesch as CEO for the Gulf region.
Fitch affirms Lloyd's A+ rating despite pressures
Fitch has today affirmed Lloyd's of London's Insurer Financial Strength rating at 'A+'.
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.
AM Best positive on Swiss Re after rating revision
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Swiss Re and its subsidiaries.
AM Best positive on Swiss Re after rating revision
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Swiss Re and its subsidiaries.
Broker CBG warns 2010 profits "significantly" below expectations
CBG Group has warned its 2010 profit before tax is expected to be significantly below current expectations.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
View from t'opera: Gio Compario writes for Post
Allianz Insurance's recent successes - including this year's British Insurance Awards 'general insurer of the year' title - can be attributed to one thing, the fact its CEO Andrew Torrance has a tache. That is the view of Go Compare's figurehead Gio…
Singing the same songs?
The music industry has been revolutionised by technological advances. Tim Grant reflects on whether insurers can learn from how this transformation has been driven.
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.
Singing the same songs?
The music industry has been revolutionised by technological advances. Tim Grant reflects on whether insurers can learn from how this transformation has been driven.
Midwifery scheme moves step closer
The Royal College of Midwives and the Nursing Midwifery Council have commissioned consultancy Flaxman Partners to produce a report on the provision of insurance for independent midwives.
Aggregator targets 30% of SME market in year one
Compare the Market is aiming to attract 500 000 commercial customers to its site over the next 12 months, after agreeing a long-term contract with Towergate to provide SME insurance.
View from the top: Fight the good fight
Well - what a year. The turmoil in the financial services markets over recent years hasn’t really evaporated from customers’ minds, even if we’ve all worked through it and moved from stock market crisis to sovereign crisis in more recent times. Against…
Comment - Loss adjusting: The death of loss adjusting?
Loss adjusting has changed dramatically over the past 10 years. Benedict Burke examines the changes and argues that customer outcomes are only getting better.
Hiscox set to launch US direct PI offering
Hiscox is increasing its US presence with the launch of its first direct commercial insurance offering.
Warning over reserves as retirement age rises
Insurers have been urged to review their reserve levels, as the proposed abolition of the retirement age could see claimants seeking increased compensation in personal injury cases.
Zurich reorganises UK operations
Both the Zurich Private Clients and Navigators & General businesses are to be rolled into the insurer's new-look personal lines division, following a restructure of the UK general insurance operation.
Post Magazine – 16 December 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Warning over reserves as retirement age rises – Post in print: 16 December 2010
Senior reporter Leigh Jackson outlines the main news from this week's issue of Post, which includes reports that insurers have been urged to review their reserves, as the proposed abolition of the retirement age could see claimants seeking increased…