News
European insurers remain well capitalised, says Eiopa
The majority of European insurers are well capitalised in terms of current Solvency regulations, although Solvency capital ratios are starting to decrease slightly, according to the European Insurance and Occupational Pensions Authority.
Don't delay: 2012 Insurance Fraud Awards deadline approaching
With 2500 new fraudulent claims detected each week, and many more going undetected, the fight against fraud is still a top priority for the insurance industry.
Data deployment key to improving claims performance and cutting fraud
Smart technology and data deployment can improve claims performance and cut £2bn worth of fraud, according to the Insurance Claims Management report from Clear Path Analysis.
Equity offers new mini-fleet product
Equity Red Star has launched a solution for family run businesses and small enterprises operating fleets with two to 10 cars and/or commercial vehicles.
CCV appoints Towergate boss to replace promoted Simpson
CCV has promoted Just Insurance managing director Rob Simpson, pictured, to central region MD, and his former role will be taken over by Towergate Risk Solutions Hertfordshire business unit director Rob Pollard.
Aon named risk management and insurance advisor to ISS
Facility services provider ISS has appointed Aon Risk Solutions to provide global risk management services and insurance advice.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
LV Broker boss Lawrence targets 'larger players' amid restructure
LV Broker personal lines director Michael Lawrence is aiming to increase his service focus on the market's larger players following a restructure of the firm's strategic accounts team.
DLG signs new home insurance deal with Nationwide
Direct Line Group's partnerships division, Brand Partners, has renegotiated its contract with Nationwide handling the building society's new household claims and post home insurance sales and service.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Motorbike broker founder Carole Nash awarded OBE
Carole Nash, founder of the eponymous Groupama-owned motorbike insurance broker, has been awarded an OBE for her philanthropy.
PPO demand to put off 'silver bullet' investment in insurance
General insurers will not get the 'silver bullet' investment needed to offset potential liabilities from the growing number of periodical payment order settlements in the UK as typical lump sum claimants are increasingly seeking PPOs.
Fitch downgrades Brit Insurance Limited over sale to Riverstone
Fitch Ratings has downgraded Brit Insurance Limited's insurer financial strength rating to 'BBB' from 'A', with stable outlook.
Resource provides global view of health insurance for low-income families
A new resource capturing more than 100 health insurance programmes designed for low-income populations in developing countries has been launched.
Oil markets blasé as sanctions force Iran's Asian buyers to cease imports
Iran's Asian oil buyers look set to halt imports when EU sanctions come in on 1 July, with potential repercussions for the global oil market.
Broker demand persuades Casualty & General to rebrand as CGICE
Casualty & General Insurance Company (Europe), the Gibraltar-based specialist in liability cover, has rebranded as CGICE after broker calls.
Ex-Hiscox boss' start-up Aurum prepares full UK roll-out
Aurum Underwriting has commenced trading with several brokers in advance of a full UK roll-out in the fourth quarter of 2012.
German regulator seeks insurance supervisor head
Bafin, the German financial regulator, is seeking a new head of insurance supervision.
Time called in Chester as Garwyn moves to Manchester
Specialist liability adjuster Garwyn has closed its Chester office and replaced it with a branch in Manchester.
Solarif and HDI Gerling partner with LDK Solar for complete PV cover
Solar insurance and finance firm Solarif has partnered with solar photovoltaic manufacturer LDK Solar to offer customers what it claims is the first full insurance package at the system level.
Riverstone Group to acquire Brit Insurance Limited
Brit Group has agreed the sale of its FSA-regulated insurance company, Brit Insurance Limited, to Riverstone Group.
Drunken holidaymakers invalidate travel insurance, research reveals
Travellers have been warned that they could invalidate their travel insurance if they have an incident on holiday while under the influence of alcohol or non-prescription drugs.
Indian insurance employees' association calls for public merger
The All-India Insurance Employees' Association has called for the merger of four public sector general insurance companies to help bring down costs.
Axa moves to loans to diversify investment portfolio
Insurance group Axa will offer loans to mid-cap companies in France as the firm looks to diversify its investment portfolio.