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Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Axa index records consumer concerns over cost of motor cover
Axa personal lines boss Nick Turner believes last month's motor claims summit hosted by the Prime Minister has sparked "public consciousness" regarding the cost of cover and the perceived compensation culture.
Cunningham Lindsey staff told investors seeking buyer for loss adjuster
Global claims management group Cunningham Lindsey has told staff that its investors are looking to find a new owner for the business, Postonline understands.
View from the top - Social Media: A tale of the unpredictable and of the inevitable
Recent years have witnessed the most drastic change in human behaviour, both in terms of fine tuning our knowledge towards what and who is really of interest to us, and in the way individuals interact with each other.
Croatian Insurance Market - Latest market trends
Challenging economic conditions saw most lines in the Croation insurance sector suffer. Hvroje Paukovic provides an overview of the market.
Groupama UK CEO eases sale concerns with "terrific" results
Groupama UK chief executive Francois-Xavier Boisseau has declared himself "delighted" with his firm's performance after recording a pre-tax profit increase of 84% to £43.5m last year across combined operations.
Groupama CEO blames Greek debt crisis for £1.5bn net losses
Groupama chief executive Thierry Martel has blamed "adverse market conditions" on huge capital losses, attributing the group's net result of a loss of almost €1.8bn (£1.5bn) to the Greek debt crisis.
Insurance bosses invited to discuss common standard for telematics
Executives from some of the UK's biggest insurance firms will sit down next month to discuss the formulation of a common standard for issues surrounding telematics data ahead of an expected boom in demand.
Penny Black's insurance week
Penny hears of more insurance-related woes, but this time it's no laughing matter.
Affinity: Managing relationships is vital
Affinity business is a growing area for insurers, but how can the industry avoid its pitfalls while making partnerships work?
In Series Emerging Markets: Asia has the right ingredients
Asia has all the key elements for an emerging market, with a number of countries in a vast and diverse area at various stages of development. How can insurers crack this market?
Comment: Uncertainty is the only certainty
2012 could see a raft of changes to the insurance industry
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.
Law report: Case centred on 'affected person' status of landlord
This law report has been contributed by national law firm Berrymans Lace Mawer.
Digital Insurance Strategies: Boards need to see ROI from digital innovations
RSA direct arm More Than has delivered "six-figure" savings in a matter of months with its online renewal system, driving "huge benefits" for the business.
All in the execution: Interview with Zurich's Stephen Lewis
Having "fixed the fundamentals" and realigned Zurich into three distinct divisions, Stephen Lewis is now seeing his plans come to fruition. So where does he go from here?
L&G to offer travel and pet insurance
Legal & General's general insurance business is to expand into travel and pet this year.
L&G records general insurance COR of 88% as new business jumps 38%
Legal & General reported this morning that its general insurance business recorded £304m of gross written premium in 2011.
Former Axa PL boss Keating returns at non-standard MGA Midas
The former managing director of Axa Personal Lines intermediary Mike Keating has returned to the market at a specialist non-standard property underwriting agency, Postonline has learnt.
Green Insurance pet cover sales grow 166%
The Green Insurance Company's pet cover sales grew by 166% last year, and the company also topped £100 000 in donations to animal charities for the first time.
Study in Jordan may liberalise compulsory TPL insurance
The Jordanian government is considering liberalising prices of compulsory third-party liability insurance services this year, according to media reports.
LAS completes first acquisition since Gresham-backed MBO
LAS Claims Management has completed its first acquisition since its private equity-backed management buyout from Lanes Group Plc in 2010.
Mapfre expects 6% revenue increase in 2012, as 2011 rises 3.2%
In 2011, Mapfre achieved a net result of €963m, a 3.2% rise on the 2010 full year results.
Policyholders struggle to pay soaring voluntary excesses
Axa has warned drivers against pushing up excess levels in order to reduce premiums as growing numbers struggle to meet payments.