News
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Axa UK earnings fall to £131m
Axa UK’s earnings fell to £131m (2009: £235m) in 2010.
The professionalism push: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute talks to Jonathan Swift about the challenges and opportunities facing the general insurance industry in its quest to embrace professionalism.
Egypt could have bright insurance future
The future of the insurance market in Egypt depends on smooth transition to a new political landscape, according to Cunningham Lindsey.
LV branch manager set for return to broking
LV's Manchester branch manager Roger Scholes is set to leave the insurer to join JLT.
Motor Claims 2011: Adderson clashes with Smale over motor claims collaboration
Brit Insurance claims manager Paul Adderson has spoken out against Rob Smale, claims and operations director at Ageas, and his view that the motor claims industry should not collaborate.
Motot Claims 2011: Survey finds 61% think MoJ RTA portal is working
The Ministry of Justice's claims portal for road traffic accidents is working effectively, according to 61% of motor claims conference delegates.
ABI under fire over Jackson
Legal expenses insurers have accused the Association of British Insurers of breaching its constitution in its official responses to the Jackson review consultation.
FSA boss assuages fears over insurance regulation
Financial Services Authority chief executive Hector Sants has assured the UK insurance market the new regulatory landscape will see insurance retain a separate identity from the banking sector.
Motor Claims 2011: Longworth predicts demise of the CHO market
The death of credit hire is inevitable as the market conditions in which it once flourished have moved on, according to Gemini Vehicle Solutions managing director Eddie Longworth.
Scott: GI becoming 'recognisable profession'
The chief executive of the Chartered Insurance Institute is confident that the general insurance industry is making strides that will help it differentiate itself under the incoming regulatory regime.
Law report: Damages allocated in sexual abuse claim
This law report has been contributed by national law firm Berrymans Lace Mawer.
Zurich: mutual court ruling erodes commercial market
Zurich has argued that a Supreme Court ruling over London councils' rights to obtain insurance cover via a self-funded mutual has undermined the value of a "vibrant and competitive commercial insurance market".
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Motor Claims 2011: Industry must take lead over text pest marketing
The industry needs to take the lead on legitimate mobile marketing in the battle against the 'text pests' in personal injury claims farming.
Career development & CSR: Broker BGL backs youth rugby skills competition
Budding rugby players in Peterborough are being offered the chance of a lifetime to train with rugby legends Will Greenwood and Austin Healey.
Editor's comment: The sales are still on
Christmas and the new year may have come and gone but with many retailers it appears that the sales are no longer specific to certain times of the year.
Auto Windscreens bidders lined up
Discussions are taking place with a trade buyer over a potential deal for Auto Windscreens, which went into administration this week, Deloitte has claimed.
Law report: Negligence claim struck out over police record disclosure to CRB
This law report has been contributed by national law firm Berrymans Lace Mawer.
Motor Claims 2011: Smale warns of tipping point for policyholders over motor prices
The insurance industry should take steps to tackle the rising cost of motor policies before the government intervenes, Ageas claims and operations director Rob Smale has warned.
Ex-flood chief warns UK could face Oz-type disaster
Investment in defences needs to be ongoing or the UK could face a situation as devastating as the recent flooding in Australia.
RSA embroiled in legal row over 'new credit hire'
RSA has become embroiled in a legal spat with Provident Insurance over subrogated motor repair costs, an issue that has already been described as the new credit hire.
Zurich chief blames PL for 11% drop in UK arm's profit
Zurich's UK general insurance chief executive Stephen Lewis has attributed its 11% year-on-year fall in top line premium and bottom line profit in 2010 to underperformance within the personal lines market.