News
BLG poised for Halliwells' insurance team swoop
Barlow Lyde & Gilbert's partners have backed the proposed deal to acquire Halliwells' insurance team, according to Post's sister title Legal Week.
Lloyd's insurer opens Argentina office
Chaucer has opened a new office in Buenos Aires, Argentina, to access facultative property and related risks in Latin America on behalf of Chaucer Syndicate 1084.
Insurance industry urged to take up the professionalism challenge
The insurance industry was challenged to embrace professionalism, and in particular to embrace the Aldermanbury Declaration at the British Insurance Awards 2010 last week.
Consumers weigh up cost of cover
Price remains the key priority for non-life insurance customers, according to Deloitte’s third annual insurance survey.
Total issues Buncefield apology following £3.6m fine
Oil company Total has issued an apology for its part in the Buncefiled explosion after it was fined £3.6m plus costs in a Health and Safety Executive and Environment Agency prosecution.
Fitch: QIS5 unlikley to impact insurer ratings
Fitch Ratings said today that the final quantitative impact study QIS5 specifications do not materially alter Fitch's view on the likely impact of Solvency II on its insurance ratings.
Lloyd's welcomes US bill as step towards Solvency II harmonisation
Lloyd's welcomed the passage of the Dodd-Frank financial reform bill through the Senate yesterday.
Post Europe’s weekly update is now live
This latest initiative from the team behind the UK's market-leading general insurance weekly Post is dedicated to the European general insurance market and we will be providing news, analysis, comment and features focused on different territories.
SRA confirms tough new stance on Assigned Risks Pool
The board of the Solicitors’ Regulation Authority has approved a strategy for the enhanced control of the Assigned Risks Pool that provides indemnity for solicitors’ firms that struggle to obtain insurance in the market.
Euro bounces back after four year low
The euro has today gained over 10 cents against the USD, taking it to 1.2986. The rise follows the euro hitting a 4 year low in June.
Fitch: QIS5 unlikley to impact insurer ratings
Fitch Ratings said today that the final quantitative impact study QIS5 specifications do not materially alter Fitch's view on the likely impact of Solvency II on its insurance ratings.
Lloyd's welcomes US bill as step towards Solvency II harmonisation
Lloyd's welcomed the passage of the Dodd-Frank financial reform bill through the Senate yesterday.
Insurance Insight’s weekly update is now live
This latest initiative from the team behind the UK's market-leading general insurance weekly Post is dedicated to the European general insurance market and we will be providing news, analysis, comment and features focused on different territories.
Euro bounces back after four year low
The euro has today gained over 10 cents against the USD, taking it to 1.2986. The rise follows the euro hitting a 4 year low in June.
Miller launches broker white paper
Miller Insurance Services has launched a white paper aimed at generating discussion on ways to gain more value from insurance brokers.
Professional indemnity requirements for doctors 'do not go far enough'
The recommendation for mandatory indemnity for healthcare professionals is not before time but has not gone far enough, according to the Medical Defence Union.
Corpore ventures into new corporate health services
Rehabilitation and injury management firm Corpore is to extend its range of occupational health services to the corporate market.
Colin Naish takes up Cardiff presidency
Colin Naish of Cunningham Lindsey has taken up the role of president at the Insurance Institute of Cardiff.
Auto Windscreens warns of fraud
Auto Windscreens is warning insurers to be aware of a potential rise in personal injury claims after research by the Health Protection Agency found windscreen wiper water may be the cause of 20% of cases of Legionnaires’ disease in England and Wales.
North-west broker expands business
Insurance Broker LJM Partnership has moved to new premises in Bredbury, Stockport in a move that it says puts it in a position for further expansion.
Quinn loses legal battle
A Court of Appeal judgment will have major implications for insurers seeking access to confidential documents that could enable them to refuse indemnity according to law firm Browne Jacobson.
Xchanging agrees London market e-accounts deal
Business processing firm Xchanging has agreed a deal with the International Underwriting Association of London and the Lloyd’s Market Association to build an e-accounts capability for the London market.
Torus names PI manager
Torus' joint venture with Nexus Underwriting Management has entered the professional lines market with the appointment of David Robinson as professional indemnity manager.
ABI: travel claims hit all time high
Figures released today by the Association of British Insurers highlight that the cost of falling ill abroad has hit a record high, as travel insurers helped a record number of people needing emergency medical treatment while overseas.