KPMG
Market moves: Insurers move for senior staff
For the second week running insurers were the major movers and shakers, with Ecclesiastical recruiting a managing director for Ireland, Aviva adding to its executive team, and NIG expanding its presence in London. In broking, Willis continued to make…
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Ex-KPMG insurance leader joins RSA as NED
RSA has appointed Alastair Barbour to its board as a non-executive director as of today.
Besso appoints Hulse as specialist non-executive director
As part of its growth strategy Besso Insurance Group, the independent Lloyd’s broker, has appointed Tony Hulse as non-executive director.
Aviva unveils new personal lines and commercial underwriting heads
Aviva has bolstered its underwriting, pricing and products team with four new senior appointments.
Run-off liabilities fall, but more slowly
KPMG’s annual run-off survey of UK non-life insurance, has shown that liabilities have reduced again in 2010 but at a slower pace than in the past.
Clarity needed on Solvency II
Lloyd's has responded to the Financial Services Authority Solvency II revisions.
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
London Market standing firm despite early setbacks
The London Market remains robust despite an unprecedented volume of large claims in 2011.
Nicholson to chair Liberty Syndicates
Liberty Syndicates Management, part of Liberty Mutual, has appointed Keith Nicholson as non-executive chairman.
People moves - 11 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 11 August 2011 edition of Post.
ABI biennial conference: Insurers urged to find ways to interact with customers
Insurers must find ways of addressing their lack of direct contact with personal lines customers if they are to improve loyalty and service.
Career development & CSR: Jimenez in running for top award
Mapfre's head of the business-to-business travel insurance division, Leire Jimenez, is one of three finalists vying for an award celebrating the achievements and potential of women in the early stages of their careers.
Solvency II: delays and uncertainty
The latest draft of Omnibus II "seems to confirm" the delay to Solvency II, pushing the go-live date back to 1 January 2014, according to KPMG.
Solvency II: delays and uncertainty
The latest draft of Omnibus II "seems to confirm" the delay to Solvency II, pushing the go-live date back to 1 January 2014, according to KPMG.
ABI/KPMG: 98% of UK insurer bosses "very worried" by EU impact
The insurance industry has a key role to play in helping UK consumers manage their financial commitments, but first it needs to improve its reputation.
KPMG welcomes run-off sector concessions under Solvency II
KPMG has welcomed a revised draft of the Omnibus II Directive which includes specific transitional arrangements fro (re)insurance companies in run-off under Solvency II.
Developing business models to facilitate growth: the debate
If you missed the recent live webinar debating developing business models to facilitate growth - it is now available for viewing on-demand.
In series: first-party fraud: Indicator or prohibitor?
Insurers are increasingly looking at options to help prevent fraud at the front end. Credit checks are common when assessing the ability to pay but Jane Bernstein asks whether they could also help as a fraud indicator.
KPMG warns over "hindsight" penalties in the wake of Solvency II delay fears
Omnibus 2 is a significant milestone for Solvency II and delays to its finalisation are having an unwanted impact on the Solvency II timeline, increasing fears that neither insurers nor regulators may be fully prepared for implementation on 1 January…