News
Gibraltar-based insurers emerging from 'price war' unscathed
Motor insurers domiciled in Gibraltar wrote £2.6bn worth of premiums last year, accounting for approximately 16% of total UK motor premium.
RSA regional director Shepherd joins Allianz Commercial
Allianz Commercial has appointed former RSA regional director Mark Shepherd to the firm’s London branch where he will take on the position of regional underwriting manager.
Digital Animal reveals US deal and promises more UK action
Online marketing firm Digital Animal has partnered with US software company Vertafore and says similar deals are planned for the UK.
Digital Animal promises more UK action as it reveals US deal
Online marketing firm Digital Animal has partnered with US software company Vertafore and says similar deals are planned for the UK.
Fall in motor premiums blamed on 'traditional price war'
Market insiders have dismissed claims that price drops in motor are reacting to recent civil justice reforms, blaming the fall on “old fashioned market forces”.
General insurance second only to PPI in H1 2013 FCA complaints
Payment protection insurance and other insurance products were the two most complained about products categories in the first half of 2013, according to the Financial Conduct Authority.
Carrot Insurance signs Zurich to its panel
Carrot Insurance has welcomed Zurich to the motor underwriting panel for its telematics product.
Political heavyweight primed for ABI Solvency II conference
Financial secretary to the Treasury Sajid Javid will be joined by a host of political and industry key note speakers at the Association of British Insurers' Solvency II conference on 31 October.
Whiteaway leaves FP Group
Executive director Charles Whiteaway has left the FP Group which owns Hong Kong-based broker FP Marine Risks.
Talk of Expectrum shareholder action group rubbished by market insiders
Shareholders unlikely to receive payouts from Giles sale to Gallagher.
Keelan Westall launches claims charter
Property broker Keelan Westall has launched a claims charter to demonstrate its commitment to service in property underwriting.
IFB and Ifed bosses refuse to fuel industry calls for merger
A merger of the Insurance Fraud Bureau and the Insurance Fraud Enforcement Department would create greater efficiency and allow the IFB to widen its scope.
Surveillance firms lose insurer business as ICO investigates use of private eyes
Firms found complicit in illegal data gathering will face criminal prosecution.
Axa places €350m of cat bonds for European windstorm risk
Axa Global has placed €350m (£295) of catastrophe bonds to institutional investors through Calypso Capital II providing the insurer with protection against European windstorm risk.
Brokers warn insurers not to rush into private security firm cover
Concerns raised over claims frequency of problem doormen supervisor sector.
Risk managers and loss adjusters urge business interruption shake-up
Insurers told to do more to protect increasingly global supply chain.
ABI backs young driver curfews despite resistance from members
Telematics provider labels plans a ‘draconian, backwards step.
Fraud firm sees increase in credit repair rates referrals
Fraud management company TCF has reported a 300% increase in referrals to its credit repair rates validation service from quarter one to quarter two of this year.
14 killed in Japan as typhoon forces Tokyo closures
Typhoon Wipha, the strongest in ten years, landed in Japan on Wednesday (16 October) morning on Izu Oshima, 120km south of Tokyo.
Comprehensive premiums plummet as motor insurers make Laspo 'gamble'
The average price of a comprehensive motor policy has fallen by 13.9% over the course of the year, according to the latest Confused Car Insurance Pricing Index in association with Towers Watson.
Claims Awards Asia: The Shortlist
Insurance Insight is delighted to announce the shortlist for the inaugural Claims Awards Asia.
JLT buys broker in Taiwan
Jardine Lloyd Thompson has bought ForVision Risk Services in Taiwan, a broker providing insurance, reinsurance, and risk management services for companies with local and international operations.
Artemis records $6.24bn of cat bonds in 2013
Artemis has recorded $6.24bn (£3.91bn) of new catastrophe bond issuance and insurance-linked securities issuance so far in 2013.
FP Group’s executive director steps down
Charles Whiteaway, the executive director of FP Group, has stepped down after nearly 20 years with the company.