News
European mutual insurers meet in Poland
Europe's mutual and cooperative insurers will hold their third biennial Congress from 6 to 8 June 2012 in Gdansk, Poland, with Lech Wałęsa, Nobel Peace Prize winner and founder of the Solidarność movement, as guest speaker.
Aegis boosts contingency with Tom Coles
Aegis London has hired Tom Coles from RSA as a contingency underwriter to grow its contingency account.
Takaful to grow to $12bn this year
Saudi cooperatives account for $4.3bn, or 52%, of global Takaful contributions.
Uniqa exits Germany as Continentale aquires Mannheimer
The Continentale insurance group has signed an agreement to acquire 92% of the shares of Mannheimer AG Holding from Austrian firm Uniqa.
Insurers must develop policies responsive to evolving risk landscape
A paper published by Marsh today urges insurers to re-examine risk management strategies and introduce procedures that strengthen operational and financial resilience.
Fringe markets to drive takaful gross contributions to $12bn
Global takaful contributions grew by 19% to $8.3bn in 2010, according to Ernst & Young's World Takaful Report 2012.
Insurance Insight – top 10 stories
The top 10 most popular articles published on insuranceinsight.eu over the past seven days.
Willis launches new online trading portal with Simply Business
Willis has teamed up with Simply Business to launch eQuote, a new e-trading comparison platform for the exclusive use of Willis Networks members in the UK.
TT Club still in surplus despite 2011 cats
Freight transport and logistics insurer the TT Club has said it kept its combined ratio below 100% in 2011 despite a record year for catastrophe claims.
Groupama signs Ebike deal
Groupama Insurances has signed an agreement to become the sole underwriter of motorcycle policies sold through Ebike, the online motorbike insurance provider.
Marsh says 2011 cats demonstrated need for more cover and better policy wordings
Broker Marsh has said that the scale of catastrophes in 2011 exceeded previous loss-modelling predictions and has challenged established thinking on the nature of risk.
Capital requirements threaten stability of Philippines market
The Philippines insurance market has recovered from the turbulence of the global financial crisis but faces significant hurdles with the introduction of higher capital requirements, according to an AM Best report.
Oxford adds fee recovery to its PI cover
Oxford Insurance Brokers has launched a bolt-on fee recovery service as part of its professional indemnity insurance.
Which? investigation reveals insurers 'taking consumers for a ride'
Consumer group Which? has accused home and motor insurers of charging policyholders exorbitant hidden fees for basic policy changes and renewals.
Ferma launches European risk management research
The Federation of European Risk Management Associations is set to launch its 2012 Ferma benchmarking survey of risk management and risk managers in Europe and their views on the insurance market.
Integrated risk management absent in most APAC insurers
Despite strong progress in Japan, Australia, Taiwan and Singapore, most insurance companies in Asia-Pacific are still formalising their enterprise risk management governance structures.
Argo appoints Jameel in Dubai
Argo Group International Holdings has appointed Nasurudeen Jameel as a senior casualty and professional underwriter for Argo Re (DIFC) in Dubai.
Iran insuring oil tankers as sanctions bite
Iran is insuring tankers transporting its oil to buyers at a cost of millions of dollars per delivery, according to reports.
Mapfre Abraxas claims gap insurance shift
Car manufacturers and dealerships have responded positively to the good practice guidelines on gap insurance laid down by the Association of British Insurers just over 12 months ago, according to Mapfre Abraxas.
HSE lists top 10 health and safety myths
The Health and Safety Executive has published what it claims are the top 10 worst health and safety myths.
Admiral sells Italian aggregator Chiarezza
Admiral has sold its Chiarezza price comparison operation in Italy to BlackFin Assurance Courtage.
RSA launches renewables research scheme
RSA today launched its Rethinking Risk: Renewable Energy campaign at the European Wind Energy Association conference in Copenhagen.
Online exclusive: Using insurance analytics to retain customers
The global insurance industry is good at using data to manage risk, but will it wake up to the use of analytics to retain customers? Mindtree co-founder Scott Staples explains.
Italian negative watch poll results
When will Italy be released from its negative watch?