News
CII appoints new chair of claims faculty board
The Chartered Insurance Institute has appointed David Bonehill as the new chairman of the claims faculty board.
Advocacy key to cutting advertising cost say marketers
Advertising amounts to additional costs that consumers should not have to pay through their insurance premiums, according to Digital Animal finance product director Nigel Godfrey.
Mass challenges insurers to keep their promises
Craig Budsworth, chair of the Motor Accident Solicitors Society, has said the question around the reduction of legal costs is "no longer relevant" and called insurers to keep their promises of lower premiums.
Turkish GI growth set to continue
Turkish non-life insurers are set to benefit from government initiatives and increasing demand from younger generations, according to a comment published today by Fitch.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days
Keelan Westall aims to increase e-trading brokers by a third
Keelan Westall aims to increase the number of brokers trading on its e-trading platform from the current level of 400 to 600 by the end of the year.
JLT increases revenue by 7% and unveils new transformation programme
JLT increased revenue to £880.1m in 2012 with 7% coming from organic growth and 1% through acquisitions. This was offset by 1% foreign exchange movements compared to 2011.
Ombudsman: PPI claims reach 2000 a day
Payment protection insurance claims multiplied almost two and a half times in the second half of 2012 according to figures from the Financial Ombudsman Service.
Jakarta braces for more floods
Emergency authorities in Jakarta are preparing for more flooding as water reached very high levels at a major dam.
FSKTN urges action on gender diversity
The Financial Services Knowledge Transfer Network has called for the implementation of new measures to tackle the gender inequality among top companies.
Willis announces regional CEO succession plans
Willis has appointed its construction, property and casualty chief executive as the new regional head for central and eastern Europe, Middle East and Africa.
Fraudulent burglary claims rise in Q4
The final quarter of the year saw the most fraudulent insurance claims according to VFM services, with the largest portion coming from fraudsters claiming multiple items.
Amlin returns to profit after £141m Sandy claims
Amlin has posted a pre-tax profit of £262.2m for the year ending 31 December, swinging into profit after a £193m loss in 2011.
China aims for 7.5% GDP growth in 2013
7.5% target reflects slowing economy but supports five year plan set in 2011.
Willis promotes Wemyss as Pickering exits
Tony Wemyss will become broker Willis's regional CEO of the group's Central and Eastern Europe, Middle East and Africa operations from 1 April.
ABI: young driver proposals could cut premiums by 20%
Teenagers' annual motor premiums could be cut by up to 15% if the government adopts proposals to improve young driver safety, according to the Association of British Insurers.
Biba and ABI agree Toba template
The British Insurance Brokers’ Association agreed a standard template with the Association of British Insurers for Terms of Business Arrangements.
Garwyn issues key considerations ahead of the EL/PL protocol
Specialist liability adjuster Garwyn Group has issued a guidance list of key considerations for insurers, brokers, self-insured business and public bodies as they prepare for the launch of the PL/EL RTA protocol and portal.
Allianz lands Barclays commercial deal
Barclays has selected Allianz as the provider of commercial SME products for its UK customers.
Towers Watson adds two brokers to crisis management team
Towers Watson has added two brokers to its crisis management broking and consultancy operation.
Co-op considers sale of non-life insurance business
The Co-operative Bank is believed to be considering the sale of its non-life insurance business to address a billion pound deficit.
RSA beats peers to eighth place in Sunday Times best employer list
RSA has become the highest ranking insurer in the Sunday Times Top 25 Big Companies to Work For in 2013, coming eighth overall, compared to sixth in 2012.
Towers Watson recruits crisis management pair from Aon
Towers Watson has expanded its consultancy and broking offerings in crisis management with two recruits from broking giant Aon.