News
BIS 2010: CEBR warns of “sluggish” insurance market
The economic landscape following the credit crunch will cause growth in the European insurance market to slow, the Centre for Economics and Business Research has claimed.
BIS 2010: XL head compares insurers to doctors who smoke
In highlighting the importance for clients to understand an insurers' risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked today's British Insurance Summit: "Is the insurer like a doctor who smokes?"
Widespread flood losses hit Asia
Aon Benfield's monthly catastrophe recap report, which provides an analysis of worldwide catastrophic events, highlighted that July witnessed some of the worst flood events in history, with Asia being particularly badly affected.
BIS 2010: Speaker "delivers happiness" to the industry
The culture of a company is the single most important ingredient to success, according to Jeneen Minter, director of finance at Zappos.
Hannover Re to sponsor the Global Earthquake Model initiative
Hannover Re and the GEM Foundation have announced their partnership agreement.
Guy Carpenter names chief actuary
Guy Carpenter has promoted Steve White to chief actuary, effective immediately.
THB makes Dutch appointment
THB has expanded its operation in Amsterdam with the appointment of Peter de Kersaint Giraudeau.
THB makes Dutch appointment
THB has expanded its operation in Amsterdam with the appointment of Peter de Kersaint Giraudeau.
Wesfarmers Insurance and subsidiary Lumley General Insurance deploy Guidewire for claims
Wesfarmers Insurance, its underwriting subsidiary Lumley General Insurance, and Guidewire, have announced that Lumley NZ has successfully deployed Guidewire Claim Center as the first step in its core systems modernisation project.
Goldman Sachs in dual Quinn role
Goldman Sachs is buying discounted Quinn Group debt on behalf of clients while simultaneously advising the Irish government on Anglo Irish Bank's Quinn dealings.
Goldman Sachs in dual Quinn role
Goldman Sachs is buying discounted Quinn Group debt on behalf of clients while simultaneously advising the Irish government on Anglo Irish Bank's Quinn dealings.
Jelf goes on front foot as it unveils new board
Jelf Insurance chief executive Phil Barton has unveiled a new look executive board to replace its previous "dysfunctional" model.
BIS 2010: less than 15% of consumers trust insurance brands
Less than 15% of consumers have trust in any insurance brand, a consumer behaviour expert has claimed.
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
BIS 2010: Aviva CRO highlights Hodges role in promoting risk management
Aviva UK chief executive officer Mark Hodges made improving the firm’s risk management a top priority after taking up the role, according to the insurer’s group chief risk officer Robin Spencer.
BIS 2010: M&A activity predicted to increase as Solvency II takes hold
Pressures arising from compliance with Solvency II may instigate a wave of M&A activity, a panel of leading industry figures has predicted.
BIS 2010: Hiscox boss calls for break up of ABI
Bronek Masojada, the chief executive of Hiscox has called for a separate trade body to represent the interests of general insurance from those of the life and savings sector.
BIS 2010: Willis CEO warns that risks will need to be "recalibrated"
The insurance industry needs to ensure that it produces new products and services that are relevant to the new environment of corporate shocks and catastrophes.
BIS 2010: Aggregator hints at SME commercial move
Price comparison site Beat That Quote has hinted that it could move into SME insurance after earmarking the sector as the next stage of aggregator growth.
BIS 2010: Aviva chief insists risk management message needs to be hammered home
Accountability for risk management is vital for companies to develop strong responses to emerging issues, according to Robin Spencer, chief risk officer at Aviva.
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
BIS 2010: Jury out on e-commerce potential of social network sites
The jury is out as to whether social networking sites will lead to e-commerce, according to Vivek Banga, UK distribution leader, small business and personal lines for Brit Insurance.
Ceiops welcomes Euro-super regulator news
The CESR, Committee of European Banking Supervisors, and Committee of European Insurance Occupational Pensions Supervisors have welcomed today’s decision of the European Parliament to endorse the EU financial supervision reform package.
Ceiops welcomes Euro-super regulator news
The CESR, Committee of European Banking Supervisors, and Committee of European Insurance Occupational Pensions Supervisors have welcomed today’s decision of the European Parliament to endorse the EU financial supervision reform package.