News
Boeing 747 cargo plane crashes enroute from Hong Kong to Istanbul
At least 37 people have been killed after a Turkish cargo plane crashed into a village near the capital of Kyrgyzstan this morning.
Gibraltar Finance meets China captive committee in Beijing
Representatives from Gibraltar Finance attended a new captive committee in Beijing earlier this month.
Lloyd's has grown beyond £240m GWP in China, says Nelson
Lloyd's chairman John Nelson has said the organisation is confident it wrote more than 2bn yuan (£240m) of gross written premium in 2016 - more than double the 790m yuan in 2015.
EU and US regulators agree new bi-lateral transatlantic insurance agreement
The US and EU have agreed to reduce legal and capital barriers to boost the transatlantic insurance and reinsurance market.
Rise of IPT 'punishes' health insurance customers
Customers find it unfair that they are facing increased tax on their health insurance on top of the tax they already pay to fund the NHS.
This Week in Post: Census, success and snow
The snowflakes trickling gently down from the skies across the nation remind me of the vast number of people who trickle through the doors of the insurance sector - people, our Census closes today!
Quiz of the week - 13 January
Test your knowledge on this week's insurance news.
Men paying more than women for car insurance despite EU gender directive
Men are paying on average £101 more for car insurance than women, despite EU rules banning insurers from taking gender into account when calculating premiums.
Medco appoints new chairman
Medco has appointed Martin Heskins as executive chairman with responsibility for the new strategic direction of the personal injury portal.
The City UK sets out industry priorities for Brexit
The City UK, a City of London lobby group, has issued its key priorities for the UK’s financial and professional services industry in the forthcoming Brexit negotiations.
Tokio Marine tests new blockchain-based insurance policy
Tokio Marine has begun testing a blockchain-based insurance policy for the shipping industry.
Probitas appoints PI underwriter
Kiran Wignall is to join Lloyd’s underwriting syndicate Probitas 1492 as a professional indemnity underwriter in its financial lines team.
Fidelis co-founder McConachie to leave
Neil McConachie, group chief financial officer and co-founder of Fidelis, is leaving the firm.
Severe flood warnings issued for coastal areas in UK
Severe flood warnings are in place along the eastern coast of England following fears that a storm surge places homes and properties at risk.
JBA releases flood model for Vietnam
UK catastrophe modeling firm JBA Risk Management has this month released a multi-peril flood model for Vietnam.
Spencer departs Zurich following Howell appointment
Post understands Stuart Spencer, Zurich's former general insurance Asia-Pacific CEO, left the company on 31 December.
Motor premiums rose by 14% in 2016
Car insurance premiums rose by 14%, equivalent to £95 on average, in 2016.
Ageas confirms Kwik Fit Uddingston site closure
Ageas UK has today confirmed to its employees working at its Uddingston office in Lanarkshire that it will close the site from 31 March 2017.
Eight out of 10 charities say insurers must do more for vulnerable customers
Over half of charities believe the people they represent are inherently vulnerable to unfair treatment from insurers.
Luker Rowe acquires Michael Moore Insurance Brokers
Luker Rowe has acquired Buckinghamshire-based Michael Moore Insurance Brokers for an undisclosed sum.
LV Broker to stop writing home business
LV Broker will stop writing new home insurance business and inviting renewal on its home, building and contents insurance products.
Towergate to make 176 roles redundant with Manchester retail unit closure
Towergate will close its retail unit in Manchester putting 176 jobs at risk of redundancy.
Digital motor insurance policies worth €15bn by 2020
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
IDT911 re-brands as Cyber Scout amid international expansion
IDT911 has re-branded to Cyber Scout as it looks to expand globally.