KPMG
Countdown to ISA: Q&A with KPMG's Martin Noble
As part of a series counting down to Insurance Strategy Asia, Insurance Insight spoke to Martin Noble about his views on the Asian insurance market.
Raising Chinese motor standards
As the newly affluent middles classes in China look to insurers to cover their cars, the market has been caught unawares in terms of service levels. Nicky Burridge investigates what the market must do to improve the situation.
Contingent commissions: The reasons behind the latest u-turns
With Willis the latest broker to perform a u-turn on contingent commissions, how will the market react?
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Spotlight On Technology: The developing world
With technological developments gathering pace, how will insurers cope with the influx of new gadgets and remain innovative?
Lloyd’s witnesses new wave of MGAs due to Solvency II and M&A activity
In recent months the industry has witnessed a renewed surge in the number of Lloyd's insurers teaming up with managing general agents to access new lines of business.
Market moves: UK General and Towergate lead the pack
Insurer UK General and broker Towergate were the main movers and shakers this week, appointing a new chief operating officer and director of group mergers and acquisitions respectively.
Analysts praise ECON vote on Solvency II
Industry experts have praised the European Parliament Economic and Monetary Affairs Committee decision to back a series of Solvency II amendments.
London tops KPMG report for investment
KPMG's Global Cities Investment Monitor has shown that London remains the top city in the world for foreign investment.
Ancillary income still under scrutiny, despite boost to Admiral profits
After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
Ethics: Entering the moral maze
The insurance industry has a poor public perception, many believing that firms put short-term profit above long-term customer satisfaction.
Watchdog set to probe KPMG over Equity Red Star audit
The Accountancy and Actuarial Discipline Board is investigating KPMG's auditing procedures of Lloyd's of London syndicate Equity Red Star.
Assurant makes senior European appointments
Assurant Solutions today announces the appointments of Graham Luckett as senior compliance officer for Europe and Robert Moorehead-Lane as European chief risk officer.
Commercial lags behind personal as major insurers reveal their 2011 hands
The results season is more than halfway through and, while analysts have highlighted the increased profit in personal lines despite market saturation, they claim commercial is lagging behind and could worsen.
Comparison sites starting to make waves in Asia
Price comparison websites are a significant part of the financial landscape in the UK. Nicky Burridge asks whether Asia will look the same in the future.
Irwin Mitchell boosts ABS plans with NED appointment
Irwin Mitchell has stepped up its preparations to become an alternative business structure with the appointment of former KPMG partner Mel Egglenton as a non-executive director and chair of the law firm’s audit committee.
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Financial institutions under “relentless attack” from fraudsters
Fraud in 2011 topped £3.5bn, according to KPMG’s fraud barometer, which revealed financial institutions are under “relentless attack”.
Reinsurers reluctant to cover Thai cat fund
Global reinsurers may be reluctant to cover the recently announced Thai catastrophe fund if asked to by the nation’s government, according to market analysts.
Thai cat fund could prove too costly for reinsurers
International reinsurers will have to be “seriously convinced” the Thailand government’s catastrophe fund is profitable if they are to insure it.
Aon London HQ move will bolster City’s position
Aon’s decision to move its corporate headquarters from Chicago to London could bolster the City’s position as a major insurance capital.
KPMG get 97p in the £1 from Sovereign
Creditors of the Sovereign Marine & General Insurance Company scheme of arrangement will shortly receive a final distribution, bringing the total payout to 97% in what is seen as a success for administrators KPMG.
KPMG boss predicts 'greater scrutiny' in 2012
Next year will see a return to underwriting disciplines for general insurers as their financial performance comes under greater scrutiny and they face increased regulatory interest.
News analysis: Escalating loss estimates in Thailand begin to trigger market fallout
It was the worst flooding Thailand had seen for 50 years and, during its four-month spell, more than 600 people died and 77 provinces were submerged in water.