News
International motor policies should cover political violence says Clements
Car owners need to be alert to the threat political violence poses to their vehicles, according to Clements Worldwide.
Telematics Expo: Study suggests engagement improves driving behaviour
Initial research by telematics start-up Carrot Insurance has revealed a link between customer engagement and driving behaviour.
Telematics Expo: ABI pre-empts telematics regulation with new guide
Trade bodies can play an important role in the development of the telematics industry, particularly in warding off the threat of regulation, according to Association of British Insurers policy adviser Ben Gaukrodger.
Top 5 European news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Turkish cat pool taps capital markets for reinsurance
The Turkish Catastrophe Insurance Pool has gone to the capital markets to gain protection for earthquake risk in the Istanbul region.
PRA lobbies UK parliament for Solvency II probe
The head of the Prudential Regulation Authority, Andrew Bailey, has asked the British parliament to review Solvency II reforms he termed “lost in the detail and vastly expensive”.
Go Compare tops most complained about ads
Car insurance price aggregator Go Compare has seen its adverts slammed by consumers, taking the top two spots in numbers of complaints published by the Advertising Standards Agency.
Ex-CNA indemnity underwriter White takes on Barbican role
Barbican Group Holdings has appointed Christopher White as a professional indemnity underwriter.
Ace appoints president director in Indonesia
Ace has appointed Tim Shields (pictured) as president director in Indonesia.
Solvency II “ground to a halt” by national interest PRA boss says
Disagreement over the final Solvency II rules at a national level has seen negotiations “ground to a halt” according to Prudential Regulatory Authority boss Andrew Bailey.
EU Gender Ruling behind falling premiums in Q1, claims AA
The cost of motor and home insurance dropped in the first quarter of 2013, according to the latest AA British Insurance Premium Index.
HKFI appoints new chairman
The Hong Kong Federation of Insurers has announced its new board, which will start at the beginning of May.
Hong Kong claims complaints bureau to oversee non-residents
The Insurance Claims Complaints Bureau has been given an extension to handle claims complaints from non-Hong Kong residents with effect from 1 May 2013.
AIA expands football sponsorship in Thailand
Life insurer AIA is now sponsoring 34 teams in Thailand, up from 25 previously.
UK Member of Parliament slams Solvency II
Andrew Tyrie, a Conservative MP and chairman of the Treasury Select Committee has slammed the confusion caused by Solvency II for the insurance industry.
United India Insurance profits up 36%
United India Insurance saw profits grow 36% for the fiscal year ending 31 March 2013.
Primark to pay compensation over Bangladesh factory collapse
The British clothing store Primark has offered to pay compensation to the victims and families of victims after one of its supplier's factories collapsed killing hundreds.
Industry, regulator and government at ‘watershed’ over ERN
The Financial Conduct Authority has confirmed employers' liability insurers and intermediaries have until 1 April 2014 to capture and supply the Employer Reference Number at the point of policy inception of renewal.
Ifed jails Direct Line’s staged accident fraudsters
Two men who attempted to claim £25 000 out of Direct Line after staging car crashes and sending repair bills from their own car workshops have been sent to prison.
Arc Legal secures two marine LEI broker schemes
Arc Legal Assistance has secured a series of new deals with specialist boat insurance brokers to provide Marine Legal Expenses Insurance.
Post Intelligence app brings insurance white papers straight to your iPad/iPhone
Post has launched a new free tablet and mobile compatible app that offers readers the latest insurance white papers straight to their iPhone or iPad with minimum fuss.
New hail tracker could save insurers billions says firm
Storm tracking technology provider HailStrike has launched two new products which is says will “revolutionize” the insurance industry.
Forty injured after blast in Czech capital
At least forty people were injured, and many more trapped, after an explosion in the Czech capital, Prague, on Monday morning.
Domestic insurers must take advantage of Turkey's growth says broker
There is huge potential for (re)insurance growth in Turkey, according to Namik Gulsun, executive director, EMENA at facultative and wholesale broker, Faber Global.