News
Video: Ifed head DCI Angie Rogers
Insurance Fraud Enforcement Department boss Detective Chief Inspector Angie Rogers tells Post news editor Callum Brodie about her vision of the fraud landscape and why prevention is better than cure.
Q&A: Ifed head DCI Angie Rogers
In her first interview since becoming head of the City of London Police's Insurance Fraud Enforcement Department, Detective Chief Inspector Angie Rogers unveils her agenda for the fight against insurance fraud.
Mesothelioma tariff increase should not affect overall cost for insurers, says DWF
The government’s decision to increase the Diffuse Mesothelioma Payment Scheme tariff to 100% of average civil compensation should not increase the cost burden for insurers, according to law firm DWF.
Ex-Gallagher CFO Mugge follows Ross to Sierra
Former Arthur J Gallagher International chief financial officer Mark Mugge has been appointed CFO of Sierra Investment Holdings, the investment vehicle bidding for Towergate.
JLT sells 26.2% stake in French associate
Jardine Lloyd Thompson Group has sold its 26.2% stake in Milestone, the holding company of Siaci St Honoré, the broker's French Associate.
Fosun completes Ironshore stake acquisition
Chinese investment firm Fosun has become the largest shareholder in Bermuda based insurer Ironshore after completing the purchase of a 20% stake.
Zurich's Asia-Pacific GI COR climbed to 100.6% in 2014
2014 saw a higher amount of large individual losses for Zurich's general insurance business in the Asia-Pacific region than the previous year.
AIG's Q4 2014 profits fell 67%
US insurer AIG's Q4 after tax profits declined to $655m (£426m) compared to $1.98bn a year earlier as the insurer missed analysts expectations.
LV research highlights 'compensation culture' strain on the NHS
Eight in ten UK car accidents where one driver accepts liability involve a compensation claim for whiplash, according to a study by LV.
RSA director Coram joins Brightside as restructure claims two roles
Brightside Group has continued the restructuring of its senior team with the appointment of RSA’s Tony Coram as group chief operating officer.
Industry should not ‘bank’ on weather benefits says Zurich’s Smith
Several years of benign UK weather are likely to increase pressure on home and buildings pricing according to UK GI CEO Dave Smith who has warned peers not to ‘bank’ on the benefit of below average catastrophe activity.
Next two quarters will tell if signs of improvement in motor are 'false dawn' says Ageas UK CEO
Ageas UK CEO Andy Watson has predicted this year could see an improvement in the motor market as fuel prices mean drivers take to the road more frequently but says the next two quarters will tell.
Ifed boss DCI Rogers promises equal treatment in fight against fraud
Detective Chief Inspector Angie Rogers has vowed to work with members of the insurance industry on preventative measures to tackle escalating fraud having taken over the reins of the Insurance Fraud Enforcement Department.
Brokers welcome changes to 100-year old legislation as Insurance Bill gains Royal Assent
The British Insurance Brokers’ Association has welcomed the Insurance Act, which has today received Royal Assent.
Axa considers premium transparency for direct commercial customers
Axa is considering informing its direct commercial customers of their previously charged premiums as it reveals it will start to do so for some of its personal lines customers this month.
Hill Dickinson fraud team hails dismissal of £150K bogus Europcar claim
Hill Dickinson counter-fraud group and car hire service Europcar have successfully exposed a crash for cash scam involving claims management company director, Mark Richardson of ‘Richardsons’.
Intelligence sharing agreement between IFB and police to target criminal gangs is renewed
An agreement between the Insurance Fraud Bureau and the Association of Chief Police Officers to share intelligence on organised criminal gangs between the insurance industry and the police has been reviewed and renewed due to its ongoing success.
Plum swoops for DLG underwriter
Household MGA Plum Underwriting has appointed Nicky Whatman as a senior underwriter to its London high net worth team.
Markel's 2014 operating revenues surpass £3.2bn
Markel achieved an improved combined operating ratio of 95% for the year ended 31 December 2014 from 97% the year prior.
Helios acquires Lloyd's vehicle Nameco
Helios Underwriting has acquired Lloyd's limited liability member Nameco for £800,000 in cash.
Zurich CEO "not satisfied" with group 2014 results
Zurich's pre-tax profit fell 1% last year to $4.64bn (£3.04bn) compared to $4.68bn in 2013.
Lancashire reports 33.5% jump in 2014 GWP
Lancashire Holdings has reported a 33.5% boost in gross written premiums for the year ended 31 December 2014 to $907.6m (£595m) from $679.7m in 2013.
Capita named as Flood Re managing agent
Capita has been appointed Flood Re's managing agent for a five-year term.
Ageas UK CEO Watson says 2014 results show insurer in ‘good shape'
Ageas UK saw a leap in net profit for the year ended 31 December 2014 to £94.7m from £85.2m in 2013.