News
Supreme Court abuse case sets legal precedent
A Supreme Court ruling which found that it was fair, just and reasonable for the Institute of the Brothers of the Christian Schools to share vicarious liability for abuse committed by its brothers has "far-reaching" implications for the insurance…
Flood-hit South West homeowners warned to 'remain vigilant'
The Environment Agency is urging homeowners to "remain vigilant" after putting more than 80 flood warnings in place throughout England and Wales.
RSA names new chairman
Former Deloitte chairman Martin Scicluna is to succeed John Napier as chairman of RSA from 1 January.
Xchanging exec Brace to join Catlin as group claims director
Catlin Group has revealed that Xchanging Claims Services executive director Glenn Brace will join the international speciality insurer early next year as group claims director.
'Crash for cash' costs policyholders £400m each year
One in 12 people would consider taking part in a 'crash for cash' scam, costing policyholders almost £400m each year, according to a report published today by the Insurance Fraud Bureau.
Market moves: Giles' three appointments top the list
This week, broker Giles continued its expansive recruitment strategy by making three new appointments, including two branch directors and a development director for corporate risks.
Law report: Payment did not amount to ad hoc agreement over adjudication
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Limited success for doctor over length of suspension
Law reports contributed by national law firm Berrymans Lace Mawer.
Law report: Blaze ruled accidental
Law reports contributed by national law firm Berrymans Lace Mawer.
Loss Adjusting Awards 2012: The winners
The inaugural Loss Adjusting Awards were held at the Royal Garden Hotel, London with more than 200 claims professionals in attendance.
Career path: Insurance industry trainees part 2
In the second in a three-part series, Post follows the career path of fictional insurance industry trainees Will Woodman and Dawn Crowley.
Insurers attack disparity in recoverable costs
Insurers have criticised the Ministry of Justice's proposal to impose higher fixed-rate recoverable costs for claims relating to employers' and public liability than for motor.
'Jury out' on new Aviva chief's credentials to lead core business
The appointment of former AIG life boss Mark Wilson as Aviva group chief executive has prompted questions about how his experience will benefit the firm's vast UK general insurance business.
Industry in favour of 90-day cooling-off period
The industry has backed risk management association Airmic's voluntary clause outlining a 90-day cooling-off period in which an insurer can freely exchange information with a policyholder before resorting to a reservation of rights.
Silence on flood solution continues as Defra plays hardball over funding
The Association of British Insurers' long-running attempt to reach agreement with the government over replacing the soon-to-expire Statement of Principles has been described as "dead in the water".
Smaller brokers will be hit hardest by ban on conditional risk transfer
Brokers and managing general agents have expressed concern at the potential for conditional risk transfer to be banned by the regulator next year.
Brokers to blame for lack of voice at top table
Brokers need to "stand up and be counted" when it comes to interacting with law makers and regulators, according to Giles Insurance Brokers chief executive Brendan McManus.
Biba: Scottish independence could pose problems for cross-border trade
Brokers have been warned that Scottish independence could result in heightened trade barriers between insurance businesses operating north and south of the border.
Credit hirers to access insurance database under GTA portal plans
Credit hirers could be given access to the Motor Insurance Database under plans to create a portal for third-party vehicle replacement services.
Aviva unveils Mark Wilson as new CEO
Aviva has appointed former AIA chairman Mark Wilson as its new chief executive.
Aviva assigned negative outlook by Moody's
Moody's has given Aviva an A2 rating for its unguaranteed senior unsecured debt and a negative outlook, in line with Aviva Group.
S&P: Sandy to hit earnings not capital
Superstorm Sandy is likely to be an earnings rather than a capital event for affected insurers and reinsurers, according to rating agency Standard & Poor's.
Ageas, Allianz and Axa work together on Biba risk transfer plan
Three of the largest insurers are collaborating with the British Insurance Brokers' Association on a plan to mitigate the "administrative nightmare"” proposed by the Financial Services Authority on risk transfer and client money.
EC approves joint acquisition of HDI Poland
The European Commission has approved the joint acquisition of HDI Poland by Germany's Talanx and Japan's Meiji Yasuda Life Insurance, after concluding that the transaction would not significantly impede competition in the European Economic Area.