EY
Claims Conference Sydney 2017: four key themes
The inaugural Claims Conference Sydney took place on 29 August. Chairman Andrew Tjaardstra summarises four key themes from the event.
Hong Kong insurers should prepare soon for regulator levy, says EY
Hong Kong's insurers have less than five months to prepare to implement the premium levy to fund the Insurance Authority.
Revealed: 2017 British Insurance Awards winners
RSA scooped a trio of awards last night at the British Insurance Awards, winning in the claims initiative, major loss and young achiever categories.
This Week: Stoic London
The generosity and heroic nature of Londoners came to the fore this week, when after two recent terrorism attacks the city saw the worst fire in recent history. Firefighters were heralded for entering the 24-storey flaming building and the community came…
Ogden change to cost industry £3.5bn
The change to the Ogden discount rate from 2.5% to negative 0.75% is predicted to cost the market £3.5bn across all lines of business.
Blog: Next Gen Claims - a perfect storm is looming
Why insurers that recognise and understand the implications of the digital and data revolution will lead the way in building new claims capabilities, stealing a march on competitors.
Lloyd’s confirms Council and Franchise Board appointments
Lloyd’s has appointed Gregory Fleming and Patricia Jackson to the Council of Lloyd’s and the Franchise Board respectively.
Solvency II: still dividing opinion in the insurance industry a year on
In light of Brexit, what will regulation look like in the future?
Ecclesiastical appoints Andrew McIntyre as non-executive director
Ecclesiastical has appointed Andrew McIntyre as a non-executive director to chair the audit committee of Ecclesiastical Insurance Office and Ecclesiastical Insurance Group.
China: The new silk road
China’s One Belt, One Road initiative is one of the most ambitious infrastructure projects the world has ever seen.
Greening up your investment portfolio
The last decade has finally started to see the talk about the virtues of sustainable energy result in significant action, particularly in the area of electricity, where it has been driven primarily by wind, solar energy and biomass.
Airmic's John Hurrell on why insurers should assess risk culture
It is a well-established practice for underwriters to take into account risk management performance when assessing the risk profile of a business.
Aviva makes top 100 list of employers for LGBT
Aviva is the only insurer to have made the list of top 100 employers for LGBT staff for the second year running.
Asia C-suite panel bullish on insurance innovation
Senior executives from some of Asia's largest insurers have shared their vision for insurance innovation at the Asian Financial Forum 2017.
2017 outlook: Asia's exciting insurance potential
The coming year looks set to be an exciting but challenging one for general insurers in Asia as strong growth continues in many markets across the region writes Nicky Burridge.
Home and motor insurers to end 2017 in the red, EY warns
Home and motor general insurers are likely to face significant losses in the coming year, EY said.
UK home insurers set to face drop in profitability, says EY
After eight years of good earnings, the profitability of the UK home insurance market is set to plummet as insurers prepare to experience a barely profitable 99% net combined ratio.
RSA names Richard Read group pricing director
RSA has appointed Richard Read as group pricing director.
Inspool, Insure Street, Teambrella and Tego Cover among eight UK insurtech start-ups to watch
KPMG published last week its latest Pulse of Fintech report, including the investment figures for the year-to-date in the insurtech space.
Digital: Virtual reality
Virtual reality has hit the gaming industry this year and it could find a place in the insurance sector to help with claims and fraud in the future.
Leave vote will 'significantly damage' insurance market, analysts say
Today’s leave vote has the potential to significantly damage the UK insurance market, several analysts have claimed.
Profit-making in motor insurance market goes off track
The motor insurance market is set to experience significant losses in premiums over the next year.
Asia Analysis: The sensors are coming
New sensor technology has huge potential for the insurance industry, but companies in Asia are lagging behind their Western counterparts writes Nicky Burridge.
Concern expressed as 'rigorous' SIMR adds pressure on senior roles
Insurers have welcomed the launch of the Senior Insurance Managers Regime, however, there remains uncertainty as to what extent top ranking employees will be impacted.