Lloyd’s/London
Former Jubilee boss denies sexism claims at tribunal
Former Jubilee group chief executive Clive Buesnel has denied claims that he planned to relieve Kate Lewis of some of her duties because of her gender when she held the post of finance and operations director.
Motor claims: Can insurers stem the rising cost of whiplash claims?
With 93% of GPs seeing patients they believe to have exaggerated injuries in order to make a claim, Leigh Jackson asks how insurers can stem the rising cost of whiplash cases.
Lloyd's Jackson tour payout hinges on manslaughter verdict
The multi-million-pound payout from the London insurance market for cancellation cover on Michael Jackson's This Is It tour is likely to now hinge on whether the late singer's doctor is convicted of involuntary manslaughter, Post has learnt.
Lord Levene: Solvency II to cost Lloyd's £300m
Lloyd's of London expects to spend £300m preparing for the European Union's new Solvency II capital rules for insurers, Lord Levene, Lloyd’s chairman, has said.
RBS Insurance targets direct HNW market with ‘Select’ launch – Insurance News Now – 27 January 2011
Post reporter Amy Ellis outlines the main news from this week's issue of Post, which includes the introduction of Direct Line Select.
Post Magazine – 27 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Michael Jackson insurance pay-out hinges on legal case
The multi-million pound payout from the London insurance market for cancellation cover on Michael Jackson’s ‘This Is It’ tour could hinge on whether the late singer’s doctor is convicted of manslaughter, Post has learnt.
Amlin acquires JR Clare
Amlin Corporate Services has completed the acquisition of JR Clare Underwriting Agencies.
Hiscox puts UK winter freeze bill at £16m, but on track for healthy profit
Hiscox today reported that although 2010 was marked by many significant and expensive catastrophes, most of these occurred in areas where it had deliberately reduced exposure due to weak rates.
ONS cites snow and construction decline for 0.5% drop in Q4 GDP
The UK's Gross Domestic Product decreased by 0.5 per cent in the fourth quarter of 2010, compared with an increase of 0.7 per cent in the previous quarter.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Brit Insurance share deal deadline extended - again
Brit shareholders have more time to decide whether to accept an offer from Achilles after the deadline was extended for a fourth time.
JLT launches South African arm with the aim of being 'market leader'
Jardine Lloyd Thompson has unveiled plans to set up a new South African company.
Beazley enters British Fencing deal
Lloyd’s insurer Beazley has entered into a five year partnership with British Fencing, the national governing body for the Olympic sport.
Brit acquisition deadline extended to March
The deadline for acceptance of Achilles’ offer to buy Brit Insurance has been extended for a third time.
View from the top: An historically good idea
With the private motor market effectively commoditised, now the spotlight for personal lines insurers is on the perceived El Dorado of the online SME market. We can be sure that a VW Golf that is built in Germany, China or Indonesia is of virtually…
Ipad first for London insurance market
The first electronic fully-placed contract via Ipad was exchanged today.
QBE sells US subsidiary to Catlin
Catlin has acquired Blue Ridge Insurance Company from QBE Insurance Group.
LMA urges managing agents to sign up for “non-moving claims service”
The Lloyd’s Market Association has said that the new service designed to tackle so called “non-moving claims” in the Lloyd’s market is operational and ready for managing agents to sign up.
Lloyd’s broker launches Asian operations
International Lloyd’s insurance and reinsurance broker Swinglehurst has launched a new venture in Hong Kong.
Chubb appoints European technology speciality manager
Chubb Insurance has appointed Richard Lambert to the position of European technology insurance specialty manager, responsible for the underwriting of technology and life science business throughout Chubb Europe.
Lord Sassoon: OFT is also investigating London market underwriters
The Government has admitted that the Office of Fair Trading is looking into the fees charged by London market underwriters.
Enoizi quits as Argo's London chief
Argo Group has appointed Andrew Carrier to the newly created position of group chief underwriting officer.
Putin pledges to battle FSA over Alfa Bank
Russian prime minister Vladimir Putin has pledged to help private Russian bank Alfa in its dispute with the Financial Services Authority, according to reports in the Russian media.