Personal
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Ceiops warns of challenging times for underwriters if low yields continue
The Ceiops second bi-annual 2010 financial stability report has found that most insurers have solvency margins that allow for additional shock absorption capacity.
Santa's insurance bill reduced by £5m over two years claims broker Aon
Santa may be dusting off the sleigh, making sure the reindeer are in tip-top shape and asking his elves to put in overtime to finish off all the presents to make sure every child across the globe gets a present.
Giles CEO hails "industry leading margin" as earnings fall 13%
The Giles Group has reported that its turnover and EBITDA (excluding non recurring items) both decreased for the year ended 31 August 2010.
Conservative Party: no estimate exists for properties at risk of flooding
The Parliamentary Under Secretary of State (Natural Environment and Fisheries), Environment, Food and Rural Affairs has admitted that no figure exists as to how many properties are at risk if the insurance industry withdraws from the statement of…
Government urged to take flood action
A group of MPs have told the government that more must be done to protect properties that are under threat from flooding.
Capita lands Virgin Money contract
Capita Insurance Distribution has agreed a five-year contract to deliver the administration of home and motor policies for Virgin Money.
AA reports motor claims running 100% ahead of normal due to bad weather
AA Insurance has experienced one of its busiest days yesterday as snow and ice led to a 100% increase in car insurance claims, compared with a normal December Monday.
AM Best affirms and upgrades Ecclesiastical ratings
AM Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of "a" of Ecclesiastical Insurance Office (United Kingdom).
Latest snowfall brings blizzard of car insurance claims
Snow and ice sweeping Britain is expected to bring a big jump in car insurance claims, according to AA Insurance.
Broker CBG warns 2010 profits "significantly" below expectations
CBG Group has warned its 2010 profit before tax is expected to be significantly below current expectations.
RBS Insurance sells broker arm Devitt to management team
RBS Insurance has agreed to sell Devitt Insurance Services to its existing senior management team, lead by managing director William Hughes.
Aon acquires Irish PI broker
Broking giant Aon has acquired Ireland-based online personal lines intermediary Insure.ie.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
Former Lloyd's CEO Prettejohn linked with top job at Brit Insurance
A former chief executive of Lloyd's has emerged as leading candidate to become the new Brit Insurance chairman.
View from t'opera: Gio Compario writes for Post
Allianz Insurance's recent successes - including this year's British Insurance Awards 'general insurer of the year' title - can be attributed to one thing, the fact its CEO Andrew Torrance has a tache. That is the view of Go Compare's figurehead Gio…
Local authorities cut back cover as spending review bites
Local authorities are already cutting their insurance spend as a result of the coalition government austerity measures, insurers have warned.
Europ reveals new five-year plan
Europ Assistance is planning to reduce its reliance on traditional travel and motor lines — which currently account for more than three-quarters of the company's turnover.
Fraud: cognitive questions test sees 51% success rate
Fraud investigation firm the Innovation Group has revealed that a partnership with a university psychology department has produced a 51% success rate in detecting home insurance claims.
View from the top: Fight the good fight
Well - what a year. The turmoil in the financial services markets over recent years hasn’t really evaporated from customers’ minds, even if we’ve all worked through it and moved from stock market crisis to sovereign crisis in more recent times. Against…
Comment - Loss adjusting: The death of loss adjusting?
Loss adjusting has changed dramatically over the past 10 years. Benedict Burke examines the changes and argues that customer outcomes are only getting better.
First Assist names new legal provider
First Assist Legal Protection has named law firm Lyons Davidson as its legal provider for commercial and personal line before the event legal expenses claims.
Comment - Innovation: Singing the same songs?
The music industry has been revolutionised by technological advances. Tim Grant reflects on whether insurers can learn from how this transformation has been driven.
Zurich reorganises UK operations
Both the Zurich Private Clients and Navigators & General businesses are to be rolled into the insurer's new-look personal lines division, following a restructure of the UK general insurance operation.