News
Questgates strengthens liability claims handling team
Questgates has made several new appointments to its Birmingham based liability claims handling services after securing business with several insurers’ liability claims departments.
Insurers need more social media and big data preparation, says Towers Watson
According to a global industry survey, Insurers feel less prepared to deal with threats arising from social media and big data than they do about more familiar ones.
Zurich and Carrot launch smart car Initiative
Zurich and Carrot Insurance are targeting learner drivers with a pilot scheme where participants get a smart car.
IUA elects Malcolm Newman as chair
The International Underwriting Association has today elected Malcolm Newman as its chair.
Post Audio Supplement - 27 June
Too busy to read the magazine or website? Want a quick update on the latest news? Why not listen to our audio update.
Malcolm Newman elected IUA chair
Malcolm Newman has today been elected chairman of the International Underwriting Association.
McLarens targets Asia Pacific expansion with Chinese adjusting hire
Loss aduster McLarens has recruited a permanent China resident FCILA-qualified adjuster to lead business in the country.
McLarens swoops for China resident FCILA adjuster
Loss aduster McLarens has added to its Chinese presence with the recruitment of a China resident FCILA-qualified adjuster.
Chancellor commits to new flood defence investment
The Chancellor of the Exchequer has vowed to invest in new flood defences, despite announcing that the Department for Environment, Food and Rural Affairs will see its budget cut by 10%.
Towers Watson reveals insurers unprepared for emerging tech trends
Insurers feel less prepared to deal with threats arising from social media and big data than they do about more familiar ones.
Direct Line confirms office closures in Croydon, Liverpool and London
Direct Line Group has confirmed that almost 500 jobs are to go in Liverpool where the firm is closing its office as part of a wider redundancy programme announced today
Emerging markets key to sustaining global non-life growth: Swiss Re
Non-life Insurance premiums increased globally by 2.6% to $2bn in 2012 according to a study from Swiss Re, but emerging markets will be key to maintaining that growth, the reinsurer said.
Ex-Towergate manager takes on regional role at Keelan Westall
Wholesale property insurance broker Keelan Westall has appointed Becky Hyndman as its new business development manager to spearhead expansion across the North East.
Godsoe to solely lead RSA’s London cargo business
David Godsoe is to solely lead RSA’s London market cargo business after jointly managing it for 18 years.
Lloyd's 2012 progress serves to boost attractiveness, claims Aon report
Record levels of market capacity and spiralling pre-tax profits last year have boosted the attractiveness of Lloyd’s market, according to an update report by Aon Benfield Analytics’ market analysis team.
Global non-life premiums up 2.6%: Swiss Re
Non-life Insurance premiums increased globally by 2.6% to $2bn in 2012 according to a study from Swiss Re, which said emerging markets growth will be key to sustaining momentum.
Aqua relaunches HNW home wordings
Aqua Underwriting has moved to revitalises its high net worth home wordings to enhance cover, expanding the range of risks protected.
Mesothelioma scheme could cost £451m in first decade
A fund of last resort compensating mesothelioma sufferers who cannot trace their employers' liability insurers could cost £451m in the first ten years alone, according to the Department of Work and Pensions.
Fitch raises Lloyd’s outlook to positive
Lloyd’s has seen its Fitch ratings affirmed with an improved outlook, climbing to positive from stable after the rating agency noted reduced earnings volatility.
China's insurance premiums climb almost 10%
China's insurance premiums climbed 9.4% to $126.2bn in the first five months of 2013 compared to the same period last year.
Shipping collaboration generating insurance opportunities
Wider collaboration between shipping companies could provide opportunities for insurers after the formation of an operational alliance that will see three firms share capacity on Trans-Atlantic, Trans-Pacific and Asia-European shipping lanes.
Direct Line Group reveals 2000 jobs at risk as it steps up cost saving plan
Direct Line Group has announced a major redundancy programme as it attempts to improve its operational efficiency as part of the implementation of its business transformation plan.
Golf clubs face ‘worrying times’ following injury liability settlement
Niddry course avoids Supreme Court with golf injury settlement.
Insurers urged to develop telematics as young driver green paper delayed
Insurers frustrated as Department for Transport announces hold-up.