News
Law report: Limited success for doctor over length of suspension
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Blaze ruled accidental
Law reports contributed by national law firm Berrymans Lace Mawer.
Loss Adjusting Awards 2012: The winners
The inaugural Loss Adjusting Awards were held at the Royal Garden Hotel, London with more than 200 claims professionals in attendance.
Career path: Insurance industry trainees part 2
In the second in a three-part series, Post follows the career path of fictional insurance industry trainees Will Woodman and Dawn Crowley.
Insurers attack disparity in recoverable costs
Insurers have criticised the Ministry of Justice's proposal to impose higher fixed-rate recoverable costs for claims relating to employers' and public liability than for motor.
'Jury out' on new Aviva chief's credentials to lead core business
The appointment of former AIG life boss Mark Wilson as Aviva group chief executive has prompted questions about how his experience will benefit the firm's vast UK general insurance business.
Industry in favour of 90-day cooling-off period
The industry has backed risk management association Airmic's voluntary clause outlining a 90-day cooling-off period in which an insurer can freely exchange information with a policyholder before resorting to a reservation of rights.
Silence on flood solution continues as Defra plays hardball over funding
The Association of British Insurers' long-running attempt to reach agreement with the government over replacing the soon-to-expire Statement of Principles has been described as "dead in the water".
Smaller brokers will be hit hardest by ban on conditional risk transfer
Brokers and managing general agents have expressed concern at the potential for conditional risk transfer to be banned by the regulator next year.
Brokers to blame for lack of voice at top table
Brokers need to "stand up and be counted" when it comes to interacting with law makers and regulators, according to Giles Insurance Brokers chief executive Brendan McManus.
Biba: Scottish independence could pose problems for cross-border trade
Brokers have been warned that Scottish independence could result in heightened trade barriers between insurance businesses operating north and south of the border.
Credit hirers to access insurance database under GTA portal plans
Credit hirers could be given access to the Motor Insurance Database under plans to create a portal for third-party vehicle replacement services.
Aviva unveils Mark Wilson as new CEO
Aviva has appointed former AIA chairman Mark Wilson as its new chief executive.
Aviva assigned negative outlook by Moody's
Moody's has given Aviva an A2 rating for its unguaranteed senior unsecured debt and a negative outlook, in line with Aviva Group.
S&P: Sandy to hit earnings not capital
Superstorm Sandy is likely to be an earnings rather than a capital event for affected insurers and reinsurers, according to rating agency Standard & Poor's.
Ageas, Allianz and Axa work together on Biba risk transfer plan
Three of the largest insurers are collaborating with the British Insurance Brokers' Association on a plan to mitigate the "administrative nightmare"” proposed by the Financial Services Authority on risk transfer and client money.
EC approves joint acquisition of HDI Poland
The European Commission has approved the joint acquisition of HDI Poland by Germany's Talanx and Japan's Meiji Yasuda Life Insurance, after concluding that the transaction would not significantly impede competition in the European Economic Area.
Allanfield overstates revenue and profit by £835 000
Specialist real estate insurance broker Allanfield Group has overstated revenue and profit before tax relating to £835 000.
Reinsurers remaining risk averse in investment, says Fitch
Rating agency Fitch has said that a barren investment climate is forcing reinsurers to be cautious in their investment strategies.
HCB liability play boosted by investment
Healthcare and risk management specialist Health Claims Bureau plans to double its revenue in two years by targeting new business in the liability insurance sector.
Allianz Worldwide Care opens Brussels support centre
Allianz Worldwide Care Services has opened an operational support centre in Brussels to provide a local contact point for the company's intergovernmental organisations and corporate clients.
Solvency II uncertainty challenging EU credibility, says Bernardino
Gabriel Bernardino today called on EU politicians to give a "strong commitment" towards the implementation of Solvency II, in order to prompt a clear and credible timetable for delivering the regime.
Plumeri eager for smooth handover
Outgoing Willis chief executive Joe Plumeri has vowed to do all he can to ensure continuity as the firm shifts to new leadership under Dominic Casserley.
Blink launches Purely revival
Motor facility Purely Motor has relaunched after its former partner and broker distribution specialist Blink Intermediary Solutions acquired the rights.