News
LV COR down to 101.9% as insurer reveals improved H1 results
LV has recorded an improved performance for H1 2010, with sales and trading profits up on the same period of 2009.
Reinsurer shareholders' funds grow by 12%
Reinsurer shareholders’ funds have grown by 12% to stand at $235bn, according to the Aon Benfield Aggregate report.
German and UK customers value personalised service
UK and German consumers are likely to show much greater loyalty to insurance providers that demonstrate they know who their customers are and can refer to all aspects of the client's history during any transaction.
Aon Benfield set to launch app
Aon Benfield has announced the launch of an application for its proprietary facultative placement platform, FAConnect.
Aon Benfield set to launch app
Aon Benfield has announced the launch of an application for its proprietary facultative placement platform, FAConnect.
Margaret Cole to join FSA Board
Mark Hoban MP, financial secretary to the Treasury, has confirmed the appointment of Margaret Cole to the Financial Services Authority Board, with effect from 7 September 2010.
Axa launches online portal for brokers
Axa Insurance has launched an online portal for independent personal lines brokers.
Leading industry light Clements passes away
A leading light in the insurance and reinsurance industries, Robert (Bob) Clements, has passed away.
Capita Consulting launches financial services practice
Capita Consulting has launched its new financial services consulting practice, appointing Tony Tarquini, formerly head of financial services at Celerant Consulting, to head up the new operation.
Glacier Re to wind down business after stategic review
European reinsurer Glacier Reinsurance, has announced that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect.
Insurance sector calls for environmental action
Four insurance climate change initiatives have today launched a global insurance industry statement on adapting to climate change in developing countries.
New Zealand losses estimated to top £1.3bn
Insured losses from the New Zealand earthquake are estimated between NZD 2700m (£1268m) and NZD 6000m (£2814m).
Insurance sector calls for environmental action
Four insurance climate change initiatives have today launched a global insurance industry statement on adapting to climate change in developing countries.
HCC appoints PI senior underwriter
HCC International has announced the appointment of John Booth to its professional indemnity division, as a senior underwriter.
Blackham raids Bluefin for operations boss
Insurance consultancy and investment house Endorphin has appointed Robert Brown as a partner of Endorphin Consulting LLP.
Swiftcover cracks down on claims
Swiftcover has said it wants to crack down on drivers who lie about their previous claims to get cheaper insurance.
IUA: businesses “dangerously exposed” to new environmental laws
Businesses relying on traditional public liability policies to insure against environmental risks may be “dangerously exposed” to new laws designed to make polluters pay for damage, according to the International Underwriting Association.
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
New Zealand hit by major quake
New Zealand’s second largest city, Christchurch, has been hit by an earthquake measuring 7.4 on the Richter scale.
IUA: businesses “dangerously exposed” to new environmental laws
Businesses relying on traditional public liability policies to insure against environmental risks may be “dangerously exposed” to new laws designed to make polluters pay for damage, according to the International Underwriting Association.
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
Reinsurance will absorb quake losses, says IAG
Insurance Australia Group has said it is "too early" to determine the extent of damage in Christchurch following the earthquake at the weekend.
Brokers "fighting harder" for customers during downturn
Brokers have had to fight harder to get claims paid during the economic downturn due to the stricter policy interpretations and anti fraud-systems put in place by insurers.
Am Trust makes two appointments
Am Trust Europe has appointed Laura Mansfield as new business development manager to cover its brokers in the Midlands, Wales and Northern Ireland.