News
ABI rejects claim that insurers are 'profiteering' over savings on personal injury claims
The Association of British Insurers has defended the rise in motor premium costs, despite the insurance industry saving over half a billion pounds as a result of a drop in personal injury claims.
Challenging market is ‘no excuse’ for poor performance, report finds
Challenging market conditions are no excuse for poor insurer performance, according to a report by Willis Towers Watson.
Charles Taylor reports 6.8% rise in revenue to £74m
Charles Taylor has reported a 6.8% increase in revenue to £74m in the first half of 2016.
Allianz will not revise policy for crashed Airlander 10
Allianz will not revise premiums for the experimental Airlander 10, despite the aircraft crashing on its second flight last week.
Europe's insurance market grows despite 'needlessly expensive' Solvency II
Europe’s insurance industry had almost €9800bn invested in bonds, company shares and other assets in 2015, representing a 1.7% increase on the previous year.
Direct Insurance expands with Northern office
Lloyd’s broker Direct Insurance London Market has expanded its regional presence with an office in Northern England.
Post People: 30 August - 05 September
The latest market moves from the industry
Hearn appointed executive director of Brokerslink
Steve Hearn, CEO of Cooper Gay Swett & Crawford has joined the board of Brokerslink.
Disappointing results for Slater and Gordon due to poor performance in its UK operations
Slater and Gordon has reported an overall loss of £778.59m, in its final results for 2015-2016 partly due to its underperformance in its UK operations.
Global renewal rates fall for 13th consecutive quarter, says Marsh
Global commercial insurance renewal rates dropped 3.6% in the second quarter of 2016 according to the Marsh Global Insurance Market Index.
Rios rejoins Allianz for Asia-Pacific risk role
Diego Rios has returned to Allianz as chief risk officer for Allianz Asia-Pacific.
Post Webinar: The route to market in Hong Kong
In the third webinar of Post's 'Shaping the Profession' Hong Kong series supported by the Chartered Insurance Institute we discuss the route to market for life insurance.
Claims Club Asia-Pacific readies for Singapore and Sydney
The Claims Club Asia-Pacific has two events this month in Singapore and Sydney.
Tay joins Axa as Asia chief risk officer
Annie Tay has joined Axa in Asia as the chief risk officer for the region.
Week in Post: CMC impersonators, NED worries, and a Team GB gold medal winner
Sitting in my front room on Saturday morning I took a phone call from a claims management company.
Elite Insurance sees pre-tax profit soar with 140% increase
Elite Insurance has reported strong H1 results for 2016, with a 140% increase in pre-tax profit and a 20% increase in net assets.
XL Innovate backs peer-to-peer start-up Lemonade with 'significant investment'
XL Innovate has made a "significant investment" in peer- to-peer insurance company Lemonade.
Italian earthquake 'will not lead to significant insurance losses'
Though clearly a massive humanitarian impact event, Wednesday’s earthquake in central Italy will not lead to significant losses for insurers, risk modelling firm RMS said.
CII makes three roles redundant following internal review
The Chartered Insurance Institute has made three senior staff roles redundant following an internal review.
Covent Bridge makes second acquisition in six months
Covent Bridge has acquired R-ISC Investigation and Surveillance Company in the group’s second UK acquisition in just six months.
Redundancies contribute to £4.9m savings for Towergate
Towergate has saved £4.9m partly due to redundancies following the closure of its Milton Keynes retail business.
Video: Rio gold medallist Ed Clancy talks insurance
He may have just got back from Rio, where we was busy winning gold at the Olympics, but GB cyclist Ed Clancy still had the time to talk to Post about insurance.
Jackson Lee gains Lloyd's coverholder status and signs deal with Sompo Conopius
Jackson Lee Underwriting had secured Lloyd’s coverholder status as it signs new deal with Sompo Canopius.