News
Hannover Re: rates and demand to rise
Hannover Re said it expected heavy losses from natural catastrophes to mean the widely varying market hardening observed across the board in previous renewal phases to be sustained.
Swiss Re: low interest worse than cats
Three years of record low interest rates were a bigger shock for the reinsurance industry than recent natural catastrophes, Swiss Re has claimed.
MID names worst uninsured postcodes
Bordesley in Birmingham has the highest proportion of uninsured drivers in the UK according to figures from the Motor Insurance Bureau’s Motor Insurance Database.
UK Government bans referral fees
The UK government has decided today that it will ban referral fees as part of its commitment to curb the compensation culture.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on the growing problem of travel clinic fraud: and a blog asking when the Middle East will stop being an emerging market?
Catastrophe poll result
Find out if the market voted for government to be the fund of last resort in catastrophes?
Swiftcover goes mobile
Swiftcover has created a dedicated site for mobile users, allowing visitors to get a quote and purchase car insurance on a website specifically designed for their smartphone.
Ascot Underwriting snaps up Aon Benfield UK chairman
Ascot has today announced the appointment of former Aon Benfield UK chairman Charlie Cantlay as executive director.
Groupama and Cost Advocates fear referral fee ban not enough
Groupama Insurances and Cost Advocates have welcomed the Government’s decision to ban referral fees but say it is only part of the compensation culture probem.
APIL demand widespread coroner service reforms
The Association of Personal Injury Lawyers has described the draft charter designed to improve the coroner service as “no replacement” for the planned full-scale reforms which were dropped by the coalition government.
Urgent need for “clarity” on scope of referral fee ban
Steve Thomas, director of market affairs at Keoghs, comments on the news that the government is set to ban referral fees.
Pro Legal warns MoJ over “dangerous” referral fee decision
London-based law firm Pro Legal has hit out at the Ministry of Justice over its “dangerous” decision to ban referral fees claiming that the move would hurt consumers.
Asbestos families campaign against compensation reform
More than 400 families affected by asbestos-related cancer mesothelioma have written to the Forum condemning the planned reforms to the way compensation claims for industrial diseases are funded.
Parabis slams MoJ over referral fees
Parabis has criticised the Ministry of Justice’s decision to ban referral fees.
Dual names new senior underwriter
Underwriting agency Dual Corporate Risks has appointed Paul Russell as director and senior underwriter of its financial institutions division.
Referral fee ban will not reduce car insurance premiums
In response to the ban on referral fees, Stephen Lewis, CEO of Zurich's UK general insurance business, has said that this one element will not in itself create a car insurance market where consumers will see “dramatic” premium reductions.
MMA appoints Solvency II chief
MMA Insurance has appointed Anthony Collins as head of actuarial focusing on the firm's preparations for Solvency II.
Collinson recruits top dog retail head
Collinson Insurance has appointed Greg Lawson as head of retail in a bid to develop its retail offering.
Axa urges MoJ to cut legal costs
Insurer Axa has welcomed the Ministry of Justice’s ban on referral fees but has urged the government to tackle lawyers fixed fees.
Jubilee Europe to offer protection to Dutch mortgage holders
Jubilee Europe is offering protection for Dutch mortgage holders, by entering into a partnership with Reliance Mutual Insurance Society.
Admiral reiterates referral fee stance
In light of the government's ban on referral fees, Admiral has declared that it does not sell customer data.
ABI welcomes ban on referral fees
The Association of British Insurers welcomes today’s government announcement that they will ban the selling on of personal injury details – referral fees.
Government bans referral fees
The government has announced today that it is to ban referral fees as part of its commitment to curb the compensation culture, but is yet to specify a date.
MGAA to challenge FSA "pleasant" but indifferent view
The chairman of the Managing General Agents’ Association has said the Financial Services Authority seemed indifferent to the new trade body.