PricewaterhouseCoopers (PwC)
‘Wake-up call’ PWC survey reveals extent of customer distrust
Insurers admit industry must do more to improve sector’s service and image
Less than a third of customers trust insurance providers, finds PWC research
Less than a third of customers trust insurance providers, according to research from PWC, leading to the sector being ranked lower than retail banks and financial advisers.
Q&A - Aviation: Turbulent times
In an unprecedented year of aerospace disasters, Post asks the experts how they expect recent tragedies to impact the aviation sector’s insurance policy renewals
Market Moves - 18 September 2014
All the latest job moves in the insurance market.
Water risk: Water works
On top of the risk from flooding, water scarcity could become a real problem in the near future – so what are the insurance implications of emerging water risks?
UK expected to lead on Solvency II related disposals in 2015
The impact of the Solvency II directive has been attributed for an expected sixth year of growth in the European run-off market, according to PWC’s annual survey.
PWC swoops for KPMG tax specialist
PWC has hired tax specialist Daniel Dzenkowski from rival consultancy firm KPMG.
Career development: CII promotes ‘speaking up’ with new whistleblowing guide
The Chartered Insurance Institute has launched a ‘speaking up’ guide on whistleblowing as part of its ongoing ethical guidance series.
Traditional insurers risk losing customers in digital age
Traditional insurers face losing out to new entrants as people increasingly use the internet to hunt out cheaper policies and more tailored services, a new PwC report found.
Dwindling volumes contribute to lack of optimism in GI
General insurers have bucked the trend of growing optimism across the financial services industry, according to the latest CBI/PWC survey.
UK businesses missing growth opportunities through data breach fears
Organisations are more concerned with defending their information against data breaches or legal action than they are with using it to drive competitive advantage and growth, according to a new report by information management company Iron Mountain and…
Acquisition appeal in China warms up
Regulatory changes in China look set to make it easier for local and foreign players to expand in the world’s fourth-largest insurance market.
In Series: Legacy Systems: time for an upgrade
How can insurers running on outdated legacy systems prepare themselves for the host of new data demands set to be ushered in by Solvency II?
In Series: Legacy Systems: profit from partnerships
Insurers must look at their use of technology if they are to reap the benefits offered by strategic partnerships
Europe: Mobile phone insurance
Has the Fincial Conduct Authority's review into the mobile phone insurance industry gone unnoticed, both in the UK and across the continent?
Ireland: Bouncing back
While the Irish insurance market has endured a troubled period since the economic downturn, a number of recent developments suggest better times are on the horizon
Novae hires PWC's Patel to oversee ERM strategy
Listed Lloyd’s insurer Novae has appointed Reeken Patel as chief risk officer.
Cross-border insurance: a new opportunity?
As prudential regulation across Europe is set to become unified with the planned implementation of Solvency II, Katie Marriner looks at how the likelihood of cross-border insurance becoming a reality is being considered.
Climate change outlook sparks calls for increased government flood spend
A report predicting a dramatic increase in European flood risk exposure due to climate change has prompted calls for the UK government to up its spending on flood defences.
High-profile motor withdrawal touted after another tough year for the market
Analysts suggest further regulatory scrutiny could exacerbate sector’s troubles
One third of flood victims without home insurance survey finds
One third of British adults affected by the recent UK floods don’t have insurance that protects their home from flooding, a PWC and You Gov survey has found.
Only 2% of insurers ready to implement Pillar 3
A PWC poll has found 68% of insurers are less than halfway through the Pillar 3 reporting process for Solvency II.
Infrastructure: Building for success
Plans for insurers to invest in infrastructure projects are being hampered by Solvency II.