News
AM Best affirms QBE Europe's rating as "A"
AM Best Europe has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings (ICR) of “a+” of QBE Insurance (Europe) (United Kingdom), QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) Limited …
Record football fundraising day
This year’s Prince’s Trust Insurance Leadership Group Cup, sponsored by Groupama Insurances and supported by www.insurancejobs.co.uk, produced some scintillating football and a record-breaking fundraising total of £20 000 for the UK charity.
Audatex system outage blasted by Axa
Axa Insurance has labelled a system outage at claims software firm audatex “unacceptable”, after a glitch left motor insurers with a four-day delay in processing repair assessments.
Household – aggregators: The next big thing?
After success in the motor market, the aggregators are turning their attention to household insurance. Will they manage a repeat performance? asks Jane Bernstein.
Confused adds five to motor panel
Aggregator confused has named five new insurers to its motor offering bringing its panel to 90 members.
Hastings Direct appoints new financial controller
Hastings Direct has appointed Joy Butler as its new group financial controller.
Zurich moves to keep pace with mid-market
Zurich has embarked on a "defensive strategy" to become the most visible insurer in the mid-market space with the launch of a revamped product suite.
Canopius appoints Rolfe
Privately owned Lloyd's operation Canopius Group has confirmed the appointment of former UK General chief executive Tim Rolfe.
Donaldson completes top team with commercial hires
The chief executive of RSA's Latvian business Tara Kneafsey is to move to the UK to drive forward the insurer's SME offering.
EU buyers fearing insurance rate increase
Almost half of European insurance buyers are concerned that current economic conditions could lead to an increase in the cost of cover, research by the Federation of European Risk Management Associations has revealed.
EU buyers fearing insurance rate increase
Almost half of European insurance buyers are concerned that current economic conditions could lead to an increase in the cost of cover, research by the Federation of European Risk Management Associations has revealed.
Canopius confirms Tim Rolfe appointment
Former UK General chief executive Tim Rolfe has taken up a senior role at privately owned Lloyd’s group Canopius, Post has learnt.
Marsh calls for stronger focus on risk
Europe’s largest companies will need to spend more time and resources on long-term strategic risk planning to avoid being vulnerable to changing market conditions.
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Allianz launches flexible motor cover
Allianz Retail has launched an online car insurance product as part of the division’s ongoing development plans.
Customers reject pet cover on price
Allianz’ Pet Plan product has proved to be the dominant player in the pet insurance market with a 40% share in terms of gross written premium.
Marsh calls for stronger focus on risk
Europe’s largest companies will need to spend more time and resources on long-term strategic risk planning to avoid being vulnerable to changing market conditions.
Towers Watson: injury claims costs up 30%
The cost of injury claims in the UK car insurance market has grown recently by nearly 30% per annum according to Towers Watson.
Catlin CFO joins Chaucer
Chaucer Holdings has appointed by Chris Stooke as a non-executive director from 28 September 2010.
IFB agrees Detica software deal
The Insurance Fraud Bureau has entered into a five year contract with Detica for the implementation of its Net Reveal counter fraud software.
Aegon outlines UK restructuring plans
Aegon is poised to close its third party pension administration and employee benefits software businesses as part of plans to restructure its UK business.
Biba welcomes changes to “100 year old” insurance laws
The British Insurance Brokers’ Association has responded positively to HM Treasury’s consultation paper on consumer insurance (Disclosure and Representations) bill.
Swiss Re: Europeans not buying enough life insurance
Swiss Re has unveiled a new report which claims that hundreds of thousands of people across Continental Europe do not have enough life insurance.
Aegon outlines UK restructuring plans
Aegon is poised to close its third party pension administration and employee benefits software businesses as part of plans to restructure its UK business.