News
Ex-Autofocus employees accused of 'industrial scale' perversion of justice
Seven former employees of Autofocus were accused of doctoring credit hire rate evidence to defend insurers in court.
FSCS refunds 75% of Enterprise customers
Three out of four former policyholders of Enterprise have been compensated by the Financial Services Compensation Scheme.
Argo completes Ariel Re deal
Bermuda-based Argo has closed its acquisition of Lloyd's insurer Ariel Re.
Munich Re sees profits slip owing to major losses
Munich Re has seen full year profits decline by 16% owing to storm and earthquake claims in the last quarter.
Insurers must promote terrorism insurance outside of cities: Pool Re
Insurers must promote terrorism insurance to small and medium size enterprises and those outside of London, according to the latest threat report from Pool Re.
Autofocus trial over 'widespread perversion of justice' begins
A trial against seven former Autofocus employees for contempt of court began today at the Royal Courts of Justice.
Ten more insurance firms join Blockchain pilot
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
Principal Insurance reports profits surge
Manchester-based Principal Insurance has reported full-year pre-tax profits of £327,109.
AI is strong driving force behind Allianz claims restructure
Allianz is set to make way for the use of artificial intelligence in its motor claims business following its decision to restructure.
Motor premiums will ‘inevitably’ rise owing to discount rate changes
Motor premiums will “inevitably” rise again owing to potential changes to the discount rate, insurers have warned.
Brit appoints programmes VP
Brit has appointed Tim Chesson as senior vice-president of programs for Brit’s US Global speciality business.
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
XL's Jadine and Brit's Wilson join LMG board
The London Market Group has appointment Paul Jardine, executive vice president and chief experience officer of XL Group and Matthew Wilson, Group CEO of Brit, to its board.
Insurtech firm Risk Solved secures Ezee director investment
Specialist insurtech firm Risk Solved has secured investment from Nikki Daniels, director of Ezee Insurance Solutions.
Post People 6 - 10 February
Check out this week's market moves.
India eyes investment and IPOs for five insurers
India could launch IPOs for up to five state owned insurers this year.
Chow swaps Munich Re for XL Catlin in Hong Kong
Casualty underwriter Stephen Chow has joined XL Catlin in Hong Kong after leaving reinsurance giant Munich Re.
Post February 2017: Power, assistance and accolades
The 2017 Post Power List is revealed in the February issue.
Brokers more worried about Trump than Brexit
Brokers are more concerned about Trump than the UK’s exit of the European Union, according to a survey.
Ping An overtakes Allianz as most powerful insurance brand
Chinese insurer Ping An has overtaken Allianz as the world’s most powerful insurance brand.
Beazley posts 3% profit boost thanks to strong investment returns
Beazley reported a 3% increase in full-year pre-tax profits of $293.2m (£234m) thanks to strong investment returns and a benign claims environment.
Munich Re open to large acquisitions, says CFO
Munich Re's chief financial officer Joerg Schneider has said the international reinsurance giant is open to making a large acquisition outside the reinsurance space.
Marsh's Glaser hails 'excellent' 2016 results
Global broker Marsh finished off the year with a flourish to help produce solid revenue and strong profit growth for 2016.
BRE and Axa unveil flood proof house to encourage resilient repairs
Watford-based building science centre BRE has developed a flood-resilient prototype home to show the most effective ways to protect properties against flood damage.