News
UK report highlights role of modelling in disaster risk reduction
A UK government report has urged the disaster risk reduction sector to emulate the insurance industry and increase its deployment of science-based risk models.
LAS signs up to environmental management business plan
Birmingham-based claims management company LAS Claims has set out plans to achieve an international environmental accreditation by early 2013.
Italy's SACE expands in India with permanent Mumbai office
Italy-based credit insurer SACE SpA has launched its Indian operations with the establishment of an office in Mumbai.
Indirect tax changes to hit European insurers in 2013
Insurers should brace themselves for an unprecedented level of indirect tax changes in Europe in 2013, intensifying the challenge of maintaining tax compliance.
Vienna Insurance profits up 7% in first nine months
Vienna Insurance Group has posted a 7% increase in group profit before taxes to €443.2m, in the first three quarters, driven by strong growth in Central and Eastern Europe.
Annette Court joins Merryck
The former chief executive of Royal Bank of Scotland Insurance and Zurich's European general insurance business Annette Court has joined business mentoring specialist Merryck & Co.
Web seminar: The future of property underwriting
With the current flood risk agreement between the insurance industry and the government due to expire next year, the future of property underwriting could look very different.
ING deal sparks AIA appointments
AIA Group has made senior management changes in preparation for the integration of AIA and ING Malaysia.
Igo4 pairs with Wunelli for telematics solution
Online broker Igo4 has signed a deal to pair with data provider Wunelli in its new telematics offering, WiseDriving.
Paterson denies breakdown in flood negotiations
Environment secretary Owen Paterson has rejected claims that government talks with the Association of British Insurers have "stalled".
Ex-Barbon duo launches property broker
A new property insurance broker has been launched in London’s West End by the co-founder of Keelan Westall and former head of business at Barbon-owned Cadogan Keelan Westall, Brett Sainty.
Towergate reports £42.4m Q3 pre-tax loss
Towergate has reported a 5% increase in its third quarter earnings, published today, but reported a total group loss before tax of £42.4m (Q3 2011: £41.6m loss).
Asia tops list for serious underinsurance says Lloyd's
States in many high growth countries are shouldering the burden of excessive natural catastrophe losses due to low levels of insurance penetration, Lloyd’s has warned.
Insurance Europe repeats urge for Japan to abide by GATS
Trade body Insurance Europe has criticised the approval of a new Japan Post Insurance education product as disregarding the competition concerns expressed by international organisations.
GAB and Crawford deal with increased claims volumes from weekend floods
GAB Robins saw claims volumes increase by 50% today and expects that figure to grow as rainfall spreads from the south west to Wales and the north of England.
ABI urges MPs to pressure government on flood talks
The Association of British Insurers has written to members of parliament urging them to call on the government to rethink its decision to refuse to provide a temporary overdraft for a flood insurance fund.
Barbon promotes Tye to underwriting director
Property insurance and lettings insurance specialist Barbon has appointed Paul Tye, pictured, as its new underwriting director.
Insurers face ‘unprecedented’ tax bill
Insurers face an unprecedented level of indirect tax charges in Europe and, therefore, a tougher challenge of maintaining tax compliance, according to Fiscal Reps.
Covéa to grow apprenticeship scheme
Covéa Insurance is planning to extend its apprenticeship scheme having created six new full-time roles in its Halifax and Reading offices this year.
Towergate snaps up Northern Irish broker
Towergate Insurance has secured its first foothold in Northern Ireland after acquiring Belfast-headquartered broker Dawson Whyte.
Skuld expands specialist marine offering
Marine insurer Skuld has formed a new unit within its Lloyd’s syndicate 1897 that will offer combined physical damage and liability cover to ports and terminals worldwide.
Aviva rallies to help flood-hit policyholders
Aviva has been providing alternative accommodation and interim emergency payments for policyholders in the weather-beaten Midlands, southwest and the west of England.
Hill Dickinson director joins Garwyn
Garwyn Group has appointed former Hill Dickinson strategic & development director Laurence Ives to the new role of business development director.
Aviva launches updated behavioural driving app
Following its launch in August, Aviva has moved to improve its telematics app, and now says the software could save drivers up to 20%.