News
Axa: fraud adds £607 to a home claim
Axa Personal Lines says it has seen an ongoing rise in the number of people exaggerating their home insurance claims.
Markerstudy gets training go-ahead
Markerstudy has been granted 'Centre status' by the Institute of Leadership and Management, enabling it to tailor ILM programmes to suit staff needs.
Industry loss estimates for Thai floods increase to $15bn
The Thai floods could be one of the top five costliest insurance events of the past three decades, according to AM Best.
Bernardino urges EC to agree Solvency II timeline
The chairman of the European Insurance and Occupational Pensions Authority has again expressed concern about the impact of Solvency II delays.
RSA disappointed in lack of clarity for RTA portal extension
Neil Lightbown, RSA's underwriting director for the UK and Western Europe, said however that it is a "step in the right direction".
Solvency delay poll result
Is insurers' biggest concern the delays that are occurring in Solvency II?
McGavick remains confident as XL reports $474.8m loss
XL chief executive officer Mike McGavick said his firm would not shy away from "frustrating" 2011 results, but asked yesterday for their broader context to be considered.
Eiopa chairman warns against further Solvency II delays
Gabriel Bernardino has urged the European Commission, the Parliament and the Council to agree on a clear timetable for Solvency II implementation.
AA Insurance launches tech-based policy for young drivers
AA Insurance has become the latest firm to "turn to technology" having launched its new 'pay how you drive' policy AA Drivesafe.
Lonmar launches Medicare as a subsidiary company
Lonmar Global Risks has launched its Medicare International division as a subsidiary company, as part of the firm's strategy to establish managing general agents.
New Direct Line logo revealed
RBSI has rebranded the bank logo for a D-shaped rainbow-coloured logo.
New leadership for UNIQA's actuarial and underwriting life sector
UNIQA has appointed Rene Knapp as group head of corporate actuarial and Jaklin Thomas as head of underwriting for life insurance.
Greece not a worry for European insurers, says Eiopa
The chairman of the European Insurance and Occupational Pensions Authority expects little further impact on the insurers from their holdings of Greek sovereign bonds.
Willis CEO calls for insurers to provide resilience
The insurance industry is uniquely placed to provide resilience amid the global financial crisis, according to Willis CEO Joe Plumeri.
Further Cunningham Lindsey staff at "risk of redundancy"
Three staff at Cunningham Lindsey's managed contractor network Oriel are facing redundancy, the loss adjuster has confirmed.
Fraud register to launch in July
The Insurance Fraud Register will go live in July after the Association of British Insurers and the Insurance Fraud Bureau signed contracts on the creation of the database.
Allianz extends Scalepoint contract
Allianz Insurance has signed a new three-year contract with claims management provider Scalepoint.
Apil criticises ‘short-sighted’ civil justice change
The Association of Personal Injury Lawyers has said that introducing further change to a civil justice system which is already in the throes of a series of major reforms would be short-sighted.
ABI backs RTA portal extension
The Association of British Insurers has welcomed the government announcement to extend the claims limit for settling personal injury motor claims from £10 000 to £25 000.
Questions remain over county court consultation response
Access to Justice Action Group spokesperson Andrew Dismore has accused the government response to the consultation on county court reforms of being a "damp squib".
Countdown to EIS: Q&A with keynote speaker Bart De Smet
Bart De Smet, group chief executive officer for Ageas is the keynote speaker at Insurance Strategy Europe taking place in Brussels on Wednesday 21 and Thursday 23 March. In the first of a series of articles counting down to the event Insurance Insight…
Mapfre: performance warrants better credit rating
Mapfre's general manager criticised ratings agencies for failing to take the company's financial figures into account when downgrading them, at the Spanish insurer's press briefing this morning.
Robertson returns to Ernst & Young to head up UK insurance
Mark Roberston has joined Ernst & Young to head up the UK insurance team.
Catlin reports reduced profits due to cat losses
Bermuda-based speciality reinsurer Catlin Group reported $71m profit before tax for 2011, down from $406m for the 2010 year.