News
Industry concern as flood funding cut in spending review
Funding for flood defences has been cut in Chancellor George Osborne's comprehensive spending review. Under the previous government, £2.15bn had been committed for the years 2008-2011, however, this has been sliced to £2bn for the four years from 2011 to…
Career path & CSR: LV receives highest accolade for workplace wellbeing at CMI awards
LV's staff autonomy has helped it land the workplace wellbeing accolade at the Chartered Management Institute national management and leadership awards.
Industry tackles ghost brokers
The insurance industry is working with police to develop an educational programme to help tackle fraudulent practices by so-called 'ghost brokers'.
Career path & CSR: FSSC becomes a charity and changes name to Financial Skills Partnership
The Financial Services Skills Council has passed a special resolution to become a charity and change its name to the Financial Skills Partnership, pending confirmation from Companies House.
LAS and Rok make Ageas and Tesco panel
Ageas and Tesco Underwriting have appointed Rok and LAS to provide building repair, claims management and validation services.
KPMG welcomes Solvency II equivalence transitional measures
KPMG today welcomed the announcement by Karel van Hulle, head of insurance and pensions unit at the European Commission, of transitional measures under Solvency II’s equivalence, claiming the arrangements will be welcome news to insurance groups.
Mapfre revenues up 9.2% as net result drops 5.2%
Mapfre has revealed its revenues have increased by 9.2% in the first 9 months of 2010 - however its net attributable result has fallen in the same period.
Supply chain failure: new report
Supply chain failure is increasingly common according to a new survey from the Business Continuity Institute. The research from 35 countries shows that over 70% of organisations recorded at least one supply chain disruption in 2010.
KPMG welcomes Solvency II equivalence transitional measures
KPMG today welcomed the announcement by Karel van Hulle, head of insurance and pensions unit at the European Commission, of transitional measures under Solvency II’s equivalence, claiming the arrangements will be welcome news to insurance groups.
JLT Insurance Management Malta welcomes new shareholder
JLT Insurance Management Malta a joint venture between JLT Insurance Management Limited (JLTIMG) and Elmo Insurance Limited, a Maltese domestic insurer, has confirmed that Risk and Reinsurance Solutions SA (2RS) will become a 33% shareholder in JLTIMM…
Post in print - 28 October 2010
Senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
Mapfre revenues up 9.2% as net result drops 5.2%
Mapfre has revealed its revenues have increased by 9.2% in the first 9 months of 2010 - however its net attributable result has fallen in the same period.
Supply chain failure: new report
Supply chain failure is increasingly common according to a new survey from the Business Continuity Institute. The research from 35 countries shows that over 70% of organisations recorded at least one supply chain disruption in 2010.
JLT Insurance Management Malta welcomes new shareholder
JLT Insurance Management Malta a joint venture between JLT Insurance Management Limited (JLTIMG) and Elmo Insurance Limited, a Maltese domestic insurer, has confirmed that Risk and Reinsurance Solutions SA (2RS) will become a 33% shareholder in JLTIMM…
IAG to retain Equity Red Star
Insurance Australia Group chairman Brian Schwartz has vowed not to sell its embattled UK business Equity Red Star.
Helphire issues results warning
Accident management firm Helphire has warned that its results for the current financial year are likely to be “below current market expectations”.
APC unveils fast food insurance product
Underwriting agency APC has launched a bespoke take-away fast food franchise insurance product for Irish businesses.
APC unveils fast food insurance product
Underwriting agency APC has launched a bespoke take-away fast food franchise insurance product for Irish businesses.
Morgan completes M Wood purchase
Morgan Financial Group has acquired Bridgend-based insurance broker M Wood Insurance Services.
QBE given green light for Belgian acquisition
QBE has received approval from the Belgian regulator for the acquisition of reinsurer Secura NV.
Concerns raised over post-acquisition capital structure of Brit
AM Best Europe has placed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Brit Insurance and the ICR of “bbb” of Brit Insurance Holdings, the ultimate parent of the Brit Insurance group of companies, under review…
QBE given green light for Belgian acquisition
QBE has received approval from the Belgian regulator for the acquisition of reinsurer Secura NV.
Concerns raised over post-acquisition capital structure of Brit
AM Best Europe has placed the financial strength rating of A (Excellent) and issuer credit rating (ICR) of “a” of Brit Insurance and the ICR of “bbb” of Brit Insurance Holdings, the ultimate parent of the Brit Insurance group of companies, under review…
Biba establishes working group to tackle PMI tax
The British Insurance Brokers’ Association is set to establish a working group to tackle the issue of personal tax on private medical insurance.