Personal
Quinn attracts three suitors
Three proposals for the purchase of Quinn Insurance have been submitted to Ireland's finance minister Michael Noonan, according to the Irish press.
Mapfre Abraxas agrees Volkswagen deal
Mapfre Assistance subsidiary Mapfre Abraxas has been selected by Volkswagen Financial Services as its provider of guaranteed asset protection insurance products.
Mapfre Abraxas agrees Volkswagen deal
Mapfre Assistance subsidiary Mapfre Abraxas has been selected by Volkswagen Financial Services as its provider of guaranteed asset protection insurance products.
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
Real change needed on injury claims costs, says Inter Resolve
Rhetoric on injury claims costs needs to be replaced by real change, according to Peter Ashdown-Barr, chief executive officer at Inter Resolve.
Groupama calls for referral fees to be scrapped
Groupama Insurances has called for referral fees to be abolished and for the implementation of Lord Justice Jackson’s review of civil litigation costs.
Japan earthquake insured losses could top $35bn
The insured property losses caused by the devastating earthquake which struck Japan could reach $35bn (£21.7bn), catastrophe modelling firm Air Worldwide has warned.
BI presents "wildcard" among Japanese quake losses
Major insurance and reinsurance losses both in Japan and globally following last Friday's huge earthquake in Japan will cause negative credit implications for the two sectors, according to Moodys.
Apil calls on insurers to take action on fraud
The Association of Personal Injury Lawyers has urged the insurance industry to drive forward the recommendations outlined in the Transport Select Committee report.
Exclusive gender-ruling content now available on Post Europe
Post Europe’s weekly update is now live with three different opinions from the insurance industry on last week’s gender-ruling from the European Court of Justice.
Post Europe: Telematics – a ready-made gender solution?
Following the gender ruling last week insurers now need to look at how they price motor risks, Ian Faulkner argues that telematics is a ready-made solution and that with legislation considering this anyway insurers would be well placed to start…
Telematics – a ready-made gender solution?
Following the gender ruling last week insurers now need to look at how they price motor risks, Ian Faulkner argues that telematics is a ready-made solution and that with legislation considering this anyway insurers would be well placed to start…
Where does discrimination stop?
Europe has made it clear that gender discrimination is no longer acceptable in insurance and this is going to have long lasting affects on the market. Catherine Barton reflects that this is not the only area where discrimination is seen and asks when it…
Charity backs transport committee recommendations
Brake has backed the Transport Select Committee recommendations to introduce a more rigorous test for young drivers.
Allianz “dismayed” at transport committee Jackson snub
Allianz Insurance has criticised the Transport Select Committee Report for not calling for a full implementation of Lord Justice Jackson’s review of civil litigation costs.
$10bn insured loss estimated from Japan quake
The Japanese earthquake could cost the insurance industry $10bn (£6.25bn) but it is not likely to cause rates to harden across the market.
Biba welcomes motor cost report
The British Insurance Brokers’ Association (Biba) has welcomed the Transport Select Committee’s report into the cost of motor insurance.
Towers Watson criticises motor insurance report
Towers Watson has criticised the House of Commons’ transport select committee report into the cost of motor insurance for falling short of endorsing the recommendations in Lord Justice Jackson’s review of civil litigation costs.
MIB to launch CIE TV campaign
The Motor Insurers’ Bureau is set to launch a television campaign “in the coming months” to raise awareness of the new Continuous Insurance Enforcement scheme.
Committee calls for PI action
The House of Commons cross party transport committee has called on the insurance industry to take action against the rise in personal injury claims.
Dedicated insurance police force mooted
The Association of British Insurers general insurance council will debate the setting up of a dedicated police unit aimed at tackling insurance fraud at its next meeting on Thursday 17 March, Post has learnt.
ABI: transport committee motor insurance report is a "missed opportunity"
The Association of British Insurers has accused the transport select committee of "choosing to ignore” vital evidence provided by the insurance industry into the cost of motor premiums.
News analysis - ECJ Judgment: The gender judgment
The Test-Achats case will have huge consequences for the motor, life and health insurance industries. Andy Tromans and Nick Elwell-Sutton explore the ramifications.
Postbox: Outflanking the gender ruling
If I am correct, the main reason for the better performance of women drivers is lower mileage. I think it is the case that on a 'loss-per-mile-driven' basis, they may be indistinguishable.