News
Riot Damages Act consultation will be out by December
Policing, criminal justice and victims minister Damian Green has confirmed the government will launch a public consultation on the Riot Damages Act 1886 by the end of the year.
RMS predicts Haiyan as strongest tropical cyclone in history
Catastrophe risk modelling firm RMS has said category five super typhoon Haiyan, which hit the Philippines today, could be the strongest tropical cyclone in history.
Medical whiplash panels at risk of being insurers' 'captives' MP tells Commons
Independent medical panels were criticised in a parliamentary debate yesterday on motor insurance and whiplash claims, as being at risk of becoming 'captives' of the insurance industry.
Further reviews of Jackson reforms unlikely, Justice Ramsey says
The judge in charge of overseeing the implementation of the Jackson reforms has said it is unlikely further areas of the recommendations will come under review.
Fraudster granny handed three months in jail pending appeal
A grandmother who falsely tried to claim £750 000 for an injury has been handed a jail sentence pending appeal for contempt of court.
Chubb unveils new european multinational manager
Chubb has appointed Jan Auerbach to the role of european multinational solutions manager.
ABI concerned over Riot Act restrictions on insurer recoveries
The Association of British Insurers has raised concerns about the restrictions on insurer recoveries contained in the independent review of the Riot (Damages) Act 1886, published today.
Allianz Group to beat 2013 forecast
Insurance giant Allianz will beat its 2013 profit forecast of €9.7bn despite European storm losses.
Gard launches ship manager liability policy in response to market demand
Shipowner-controlled marine insurance provider Gard is launching a ship manager liability policy, responding to liabilities arising from negligence in performing contracted duties.
Allianz Group to beat 2013 forecast, despite sliding UK profits
Insurance giant Allianz will beat its 2013 profit forecast of €9.7bn in spite of its UK business being hit by volume losses on motor and legal protection.
Broker Network appoints new finance director
Broker Network has appointed Stacey Zaczkiewicz to the role of finance director, with immediate effect.
Novae reports low losses but sees GWP drop 5%
Novae Group has reported low level losses due to a benign catastrophe period but also low investment returns for the period ended 30 September 2013.
Join a fantastic evening for claims professionals in Asia
There is still an opportunity to attend the Claims Awards Asia on 19 November in Hong Kong, a fabulous networking opportunity for claims professionals in Asia.
Millions flee record typhoon Haiyan in the Philippines
A category five super typhoon has made landfall in the Philippines on the islands of Leyte and Samar, and is likely to hit close to Cebu and the capital Manila.
First Chinese online insurer launches in Shanghai
Zhong'an Online Property insurance has launched as the first online insurance company in China.
Aviva's Hudson to join Equity in January
Sam Hudson, Aviva's broker performance director for intermediary and partnerships, is to join Equity from the start of next year as commercial director.
Zurich's Cawley set to depart as insurer unveils 121 job losses
Zurich’s UK personal lines claims director Jon Cawley will leave the company at the end of this year, as part of a restructure of the firm’s UK personal lines and property claims teams.
Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) to be “achievable” for the full year after achieving profit of €2.2bn for the first nine months.
Munich Re targets €3bn profit for 2013 after weak Q3
Munich Re believes profit of €3bn (£2.5bn) is “achievable” for the full year after recording a €2.2bn profit for the first nine months.
AIR Worldwide estimates total windstorm losses could reach £1.9bn
Catastrophe modelling firm AIR Worldwide has estimated total insured losses from windstorm Christian will range between €1.5bn and €2.3bn (£1.9bn).
AIR Worldwide estimates windstorm Christian losses could reach €2.3bn
Catastrophe modelling firm AIR Worldwide has estimated insured losses from windstorm Christian will range between €1.5bn and €2.3bn, with the majority of insured losses occurring in Denmark and Germany.
ANV names Bayles as technology E&O lead
Netherlands-based Specialty insurer ANV Holdings has named digital and privacy risk specialist Phil Bayles as lead of its new technology E&O and intangible risk underwriting team.
ANV appoints technology E&O lead
Netherlands-based specialty insurer ANV Holdings has named digital and privacy risk specialist Phil Mayes as lead of its new technology E&O and intangible risk underwriting team.
Maven confirms £5m investment into Global Risk Partners
Private equity and alternative asset manager Maven Capital Partners has confirmed it is part of the syndicate providing £55m of investment into London market consolidator Global Risk Partners.