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Munich Re to revisit earnings target statement
Munich Re's stated objective to earn €2.4bn (£2.1bn) in 2011 may have to be revisited following the devastating earthquake in Japan.
Gorman joins Inter Resolve to expand model
Inter Resolve has appointed a former Equity claims operations manager to the newly created role of head of claims as part of plans to expand its business model.
Ageas toughens stance on household insurance rates
Ageas chief executive Barry Smith has said the insurer "needs to do more" to improve its household insurance offering and encourage preventative action following losses amassed during the winter freeze.
Direct Line loses court battle against ‘lying claimant’
Direct Line has failed in a High Court bid to prove that a Dorset man exaggerated his injuries in order to claim £3.4m in compensation.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
John O’Roarke rules out LV commercial lines acquisitions
LV’s strategy for growth in the commercial market will not involve an acquisition - including NIG - according to the firm’s general insurance managing director John O’Roarke.
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.
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.