Allianz
Australia: Disaster averted?
Australian insurers facing possible requests from the government to help fund mitigation projects say it is not a cost they should bear and that any funding will eventually be paid for by policyholders.
Insurers support mooted stress working party amid fears of claims surge
The creation of a working party to co-ordinate and develop management of workplace stress has been backed by insurers, following warnings the industry is in danger of “sleep-walking into an increasing flood of claims”.
Hacking: One step ahead
The problems caused by the question of making company systems more secure from hacking continues to prey on the industry’s mind. But just how can they stop unauthorised people from breaking down their digital doors?
XL expands German PI business
XL Group has appointed a new professional indemnity manager for its German business as it looks to expand its team in response to rising demand.
ABSs highlighted as claims upsurge threat as CMC numbers dwindle
The rapid demise of claims management companies and the subsequent reduction in bodily injury claims is in danger of being offset by the future strategy of insurance companies with alternative business structures, according to market observers.
Insurance CEOs: Picking the perfect candidate
Hiring a new CEO can be a problem for an insurance company, with standards of demonstrated experience continually rising and the regulator wielding its influence over appointments. So, how do they pick the right person for the job?
ABI reaffirms two-thirds of industrial deafness claims are rejected
The Association of British Insurers has backed analyst claims that the industry is repudiating roughly two-thirds of industrial deafness claims, despite some firms suggesting rates north of 80%.
Asia-Pacific risk managers concerned over increased competition
Increased competition more important but regulation less of a concern in Asia-Pacific last year compared to 2013 according to the latest Allianz Risk Barometer.
Australian farmer claims A$944,000 for crop failure
The first payout for multi-peril crop insurance in Australia is A$944,000 (£504,000) to a Queensland farmer.
Reputation, cyber crime fears surge in AGCS risk survey
Rising concerns over loss of reputation and instances of cyber crime have dominated the UK results of Allianz Global Corporate & Specialty’s most recent risk barometer survey.
C-Suite - Insurer: Reducing young road deaths
The next government must act to combat the biggest killer of 15 to 25-year-olds in the UK
Flight recorders for crashed Air Asia jet located
Hopes of establishing the cause of the fatal Air Asia Flight QZ8501 crash have risen after both flight recorders were located by Indonesian divers.
90% of 2013/14 winter flood and storm claimants satisfied with service
Nine out of ten customers that made a flood or storm claim last winter were satisfied with the way it was handled, according to a study by the General Insurance Market Research Association.
European insurers expected to continue bolt-on acquisitions in 2015
Dividends and capital returns are likely to remain the hot topic for the insurance industry over the next twelve months, according analysts at German investment bank Berenberg.
IFB hires two for strategy implementation
The Insurance Fraud Bureau has hired a project manager and a business analyst to contribute to the implementation of its five-year strategy.
Penny Black: The Ghost of Christmases Past 2006 - 2013
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Insurance Claims Review of the Year 2014 - updated
Having asked the Post Claims Club advisory board for their views on 2014, and hopes for 2015 this is how a number responded.
Easy Jet renews travel insurance contract with Allianz
Allianz Global Assistance in the UK has secured a three-year contract renewal with low cost airline Easy Jet.
Ace to acquire Fireman's Fund PL business for £234m
Allianz has agreed to sell its Fireman’s Fund Insurance Company personal lines business in the US to Ace for $365m (£234m) by means of renewal rights arrangement.
Russian Roundup: Q4 2014
Insurance companies Allianz and AIG closed their business arms in Russia while Rosgosstrakh closed its Belarusian subdivision and continued to receive fines for breaching the law for selling compulsory motor third party liability insurance certificates
Broker Network extends Allianz partnership deal by three years
Allianz has renewed its strategic partnership with Broker Network for an additional three years.
Review of the Year: General Insurance
General insurers including Ageas, Aviva, Direct Line, Axa and LV reflect on a year that started with immense flood claims, saw the Competition and Markets Authority’s final report into motor insurance and ended with a warning by the regulator on the use…
Career development: Questgates reports continuing success in counter-fraud training courses
Specialist loss adjuster Questgates has recorded 13 candidates from insurers passing its counter-fraud training courses and obtaining qualifications from the Counter Fraud Professional Accreditation Board.
One in 10 car deaths linked to alcohol, says WHO
Following a study, the World Health Organisation has said one in every 10 car deaths is linked to alcohol.