News
CFC launches medical device cover
CFC Underwriting has launched a product designed to provide comprehensive cover for medical device companies.
Commercial cover “not fit for purpose”
Research firm Mactavish has warned that commercial insurance is currently “not fit for purpose” and could lead to a rise in claims disputes.
Apil calls on insurers to take action on fraud
The Association of Personal Injury Lawyers has urged the insurance industry to drive forward the recommendations outlined in the Transport Select Committee report.
Crawford acquires Claim Hub
Crawford & Company has acquired the assets of Claim Hub, a provider of claims workflow solutions for the property and casualty insurance market.
Exclusive gender-ruling content now available on Post Europe
Post Europe’s weekly update is now live with three different opinions from the insurance industry on last week’s gender-ruling from the European Court of Justice.
ABI launches SII modelling guidelines
The Association of British Insurers has published guidelines to help insurers understand the Solvency II internal model approval process.
ABI launches SII modelling guidelines
The Association of British Insurers has published guidelines to help insurers understand the Solvency II internal model approval process.
Charity backs transport committee recommendations
Brake has backed the Transport Select Committee recommendations to introduce a more rigorous test for young drivers.
Tawa completes acquisition
Tawa has acquired 100% of the issued shares of Oslo Reinsurance Company (UK).
Tawa completes acquisition
Tawa has acquired 100% of the issued shares of Oslo Reinsurance Company (UK).
Aon Benfield: Japan earthquake seventh strongest ever recorded
Aon Benfield has released a cat alert for the devastating 8.9 magnitude earthquake with an epicenter 80 miles east of Sendai, Japan.
Allianz “dismayed” at transport committee Jackson snub
Allianz Insurance has criticised the Transport Select Committee Report for not calling for a full implementation of Lord Justice Jackson’s review of civil litigation costs.
$10bn insured loss estimated from Japan quake
The Japanese earthquake could cost the insurance industry $10bn (£6.25bn) but it is not likely to cause rates to harden across the market.
Lloyd's: Too early to assess Japan losses
Lloyd's has said it is "far too early" to assess the business impact of the natural disasters to hit Japan over the last 24 hours.
Jubilee appoints senior A&H underwriter
Lloyd’s insurer Jubilee has appointed Neil Tayler as accident & health underwriter at Jubilee Syndicate 5820.
Biba welcomes motor cost report
The British Insurance Brokers’ Association (Biba) has welcomed the Transport Select Committee’s report into the cost of motor insurance.
Caribbean risk pool appoints Guy Carpenter
Guy Carpenter has replaced Aon Benfield as the placing broker for the Caribbean Catastrophe Risk Insurance Facility.
Towers Watson criticises motor insurance report
Towers Watson has criticised the House of Commons’ transport select committee report into the cost of motor insurance for falling short of endorsing the recommendations in Lord Justice Jackson’s review of civil litigation costs.
Kane acquires HSBC business for $27.5m
Risk and insurance management services Kane has signed an agreement to acquire the insurance management operations of HSBC.
MIB to launch CIE TV campaign
The Motor Insurers’ Bureau is set to launch a television campaign “in the coming months” to raise awareness of the new Continuous Insurance Enforcement scheme.
Tsnunami hits Japan following earthquake
An 8.9 magnitude earthquake has struck north-east Japan triggering a devastating tsunami.
Committee calls for PI action
The House of Commons cross party transport committee has called on the insurance industry to take action against the rise in personal injury claims.
Dedicated insurance police force mooted
The Association of British Insurers general insurance council will debate the setting up of a dedicated police unit aimed at tackling insurance fraud at its next meeting on Thursday 17 March, Post has learnt.
ABI: transport committee motor insurance report is a "missed opportunity"
The Association of British Insurers has accused the transport select committee of "choosing to ignore” vital evidence provided by the insurance industry into the cost of motor premiums.