News
Costly referral fee ban rejected as claims firm details lobbying alternative
Ai Claims Solutions is set to lobby MPs with a four-point plan to reform the referral fees system in place of the "costly and timeconsuming legislation" of an outright ban.
Allianz motor engineer first female appointed to council
A female motor engineer from Allianz’s claims division has become the first woman ever to be appointed to the Institute of Automotive Engineer Assessors Council.
Tawa acquires Chiltington
Tawa has entered into a share purchase agreement to acquire Hamburger Internationale Ruckversicherung, the holding company for the Chiltington Group of companies.
OFT to give evidence in new motor insurance inquiry
The Office of Fair Trading has been called to give evidence into the cost of motor insurance inquiry.
Water claims firm alerts insurers to cowboy drainage contractor threat
Water claims firm Property Consortium Drainage has warned cowboy drainage firms could cost insurers dear when responsibility for drains switches from homeowners to water companies.
Questgates: UK corporates clamp down on fraud
Loss adjuster Questgates has witnessed an increase in high street businesses asking for help in determining if claims made by employees and clients are fraudulent.
No market swing despite cat loss accumulation
Loss adjuster Crawford & Company has already settled approximately $1.05m (£653 000) worth of losses from the “high frequency, low severity” claims resulting from Hurricane Irene.
Lloyd’s heading for tough times as catastrophe losses hit profits
Lloyd’s first half-year results will be adversely affected by this year’s “unprecedented” level of catastrophes and could see its combined operating ratio hit 100% for the first time in six years, according to market observers.
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
Allianz: motor clients were assaulted during riots
Allianz motor insurance clients were car-jacked, threatened at knife point and, in some cases, assaulted when their vehicles were targeted by rioters last month.
Brokers witness unprecedented surge in riot-related demands for cover
Property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester following the riots, according to brokers based in some of the UK’s worst hit communities.
News analysis: Personal injury lawyers on the defensive over litigation claims
Allegations of inflated legal claims cost submissions have found backing from insurers
Online this week - Top Ten Post Stories - 8 September 2011
The top ten stories from www.postonline.co.uk
Quinn granted takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Quinn gains takeover approval in Ireland
The European Commission has cleared Liberty Mutual's proposed acquisition of the general insurance business of Quinn Insurance in Ireland.
Alex Forbes acquisition builds Marsh platform in Africa
Broker Marsh has reached an agreement to acquire the brokerage business of Alexander Forbes in Africa, subject to regulatory approval.
Maritime insurer Skuld reports record 9th year of underwriting surplus
Norwegian maritime insurer Skuld has reported underwriting surplus of $13m for the first six months of 2011.
SRA responds to ABS delay
The chair of the Solicitors Regulation Authority, has responded to comments relating to the delay in the SRA becoming an approved regulator of Alternative Business Structures.
Global terrorism threat more diverse but no less severe
The Global terrorism threat in the last decade has become more diverse, and more dispersed, but no less deadly according to RMS.
Strong European performance helps Coface H1 results
Credit insurer Coface group has reported robust results for the first half of 2011, which the firm said confirms its financial recovery, and vindicates the decision to refocus its credit insurance in March this year.
Argo International appoints Novae's Matson director of underwriting
Specialty insurer Argo International has appointed Novae's Peter Matson as its new director of underwriting.
Brokers witness unprecedented surge in riot-related enquiries - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include the news that property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester.
Corclaim ULR signs Merrell to expand
Claimant motor specialist Mark Merrell has joined Midlands law firm Harvey Ingram’s uninsured loss recovery Corclaim brand as a director.
Ex Mitsui underwriter joins HSB
Former chief underwriter of Mitsui Sumitomo Insurance UK Andy Kane (pictured) has been snapped up by HSB Engineering Insurance.