News
Zurich "disappointed" by Supreme Court decision
Zurich has responded to the Supreme Court judgment in the appeal of Fairclough Homes v Shaun Summers.
PE interest to shake up motor insurance market
Growing interest in motor insurance from private equity firms is likely to increase dynamism in the sector, according to Ernst & Young.
R&Q settles Ace legal dispute
Randall & Quilter has reached an agreement in principle, which would resolve all of its outstanding legal cases with various companies of the Ace group.
Emerging markets drive global premium growth
Economic growth in emerging markets and selective rate increases in developed markets helped drive a 1.9% increase in global non-life insurance premiums in 2011.
Crawford on site at Oldham gas explosion
Crawford said that approximately 100 homes have been evacuated while rescue work and inspection of property is undertaken following a gas explosion which killed a young boy and destroyed two houses in Oldham yesterday.
Quindell extends Silverbeck agreement
Quindell has broadened its partnership with Silverbeck Rymer to offer a joint outsourcing personal injury product to the UK claims market.
Supreme Court judgment on 'game-changing' claims stance expected this morning
Zurich claims bosses are heading to the Supreme Court this morning for the landmark judgment into whether the firm is permitted to refuse payment on the genuine element of a largely fraudulent claim.
Zurich video surveillance exposes fraudster
Zurich has released video surveillance footage showing that claimant Shaun Summers had faked his "life-changing" injuries.
Rural Insurance expands equine offering
Specialist agricultural insurer Rural Insurance has broadened its range of cover in the equine market in response to broker demand.
3i reaffirms Hyperion commitment amid rumours of cut-backs
Hyperion private equity backer 3i has brushed aside suggestions that it may abandon the international insurance intermediary group, following rumours of cost-cutting at the firm.
BGL appoints MD for own-brand business
The BGL Group has appointed Mark Townsend as managing director of Frontline, its business unit responsible for BGL brands including Budget and Dial Direct.
Europ Assistance MBO bosses unveil new insurance business
The team behind the management buy-out of Europ Assistance’s UK and Ireland arm and International Health Solutions has officially unveiled its new insurance and assistance services business Aria Assistance.
Insurers continue to safeguard cover for those taking predictive genetic tests
Thousands of people who undergo genetic tests for conditions such as Alzheimer's and cancer will continue to benefit when taking out insurance, thanks to an extended agreement announced today by Public Health Minister Anne Milton.
Law Society takes first step towards PII common proposal form
The Law Society said it is seeking industry-wide support from brokers and insurers to use its professional indemnity insurance composite proposal form in the first step in its drive towards a common proposal regime.
Indonesia appoints head of new financial watchdog
Indonesia's parliament has chosen Muliaman Hadad, a deputy governor at the country's central bank, as chairman of a new financial services authority.
CIRC guidelines aim to entice private investment in insurance
China's insurance regulator has unveiled guidelines designed to encourage private investment in the state-owned, asset-dominated insurance industry, the China Daily reported.
UK Law Commission publishes insurance law consultation
The Law Commission is seeking responses to is third and final consultation paper on insurance contract law, published today.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Biba web hits double for motor and travel signposting service
The number of website hits for the British Insurance Brokers' Association signposting service for motor and travel insurance has more than doubled in the two months since the site was launched.
Indian ships allowed to import Iranian crude on CIF basis
India is likely to join Japan in circumventing insurance sanctions to continue importing Iranian crude oil.
European Commissioner calls for 'proportionate approach' ahead of IMD II
European Commissioner Michel Barnier has told the European Federation of Insurance and Financial Intermediaries he wants a "proportionate approach" ahead of the publication of the revised Insurance Mediation Directive.
PICC may delay listing owing to market turmoil
Reports suggest that state-owned insurer PICC Group will delay listing on the Hong Kong stock exchange until October due to difficult market conditions.
Barnier assures brokers IMD regulation will be 'proportionate'
European Commissioner Michel Barnier has said the revision of the Insurance Mediation Directive is "an important step in restoring consumer confidence in the financial sector".