Europe
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
MIB to appeal Jacobs ruling
The Motor Insurers' Bureau has been granted leave to appeal a landmark Court of Appeal decision allowing a British holidaymaker injured in a motor accident in Spain to claim against it.
JLT extends 'firepower' to £350m as bolt-on buys beckon
Jardine Lloyd Thompson has extended its unutilised debt facility beyond the £200m mark in order to fund new acquisitions.
RBSI CEO Geddes reveals plan to float in tranches
Royal Bank of Scotland Insurance chief executive Paul Geddes has revealed that if it decides to go down the initial public offering route in 2012, this will probably be done in a number of tranches, rather than one offering.
Hiscox targets political unrest for opportunities
Hiscox is looking for underwriting opportunities arising from the political unrest in the Middle East and North Africa.
New rating factors needed after European gender ban
Insurers will have to look at additional rating factors now that gender is not an option, following the European Court of Justice ruling that a person's sex can no longer be used to calculate insurance premiums or annuity rates.
Career development & CSR: Six rugby clubs rewarded with coaching
QBE has rewarded six rugby clubs with the opportunity to train with three top premiership players through its sponsorship arrangement with premiership rugby.
Chilean earthquake – insurance lessons learnt one year on
Lessons learnt from the massive earthquake that struck Chile 12 months ago should facilitate the future handling of complex business interruption claims, says Jenny Larner.
Post Magazine – 3 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
New rating factors needed after European gender ban – Insurance News Now – 2 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including what the ECJ’s ruling that a person’s gender can no longer be used to calculate insurance premiums or annuity rates will mean for insurers.
New rating factors needed after European gender ban – Insurance News Now – 2 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including what the ECJ’s ruling that a person’s gender can no longer be used to calculate insurance premiums or annuity rates will mean for insurers.
Admiral UK profit rises to £276m
Admiral has reported group profit before tax increased 23% at £266m (2009: £216m) while turnover (defined as total premiums written including co-insurers’ share and other revenue) rose 47% to £1.58bn (2009: £1.08bn).
Admiral UK profit rises to £276m
Admiral has reported group profit before tax increased 23% at £266m (2009: £216m) while turnover (defined as total premiums written including co-insurers’ share and other revenue) rose 47% to £1.58bn (2009: £1.08bn).
At face value gender decision “seems sensible”
Commenting on today’s decision in the European Court of Justice, James Gilmour, product manager business insurance at Simply Business, said that in general, commercial insurers do not consider gender when they are pricing business insurance.
At face value gender decision “seems sensible”
Commenting on today’s decision in the European Court of Justice, James Gilmour, product manager business insurance at Simply Business, said that in general, commercial insurers do not consider gender when they are pricing business insurance.
Larger insurers could benefit from gender ruling claims Towers Watson
Today's European Court of Justice gender ruling could ultimately favour larger insurers with greater resources.
Larger insurers could benefit from gender ruling claims Towers Watson
Today's European Court of Justice gender ruling could ultimately favour larger insurers with greater resources.
Gender ruling could give rise to further legal challenges, law firm warns
Today's ruling on gender being used for insurance purposes could trigger a spate of further litigation according to one actuarial firm.
Gender ruling could give rise to further legal challenges, law firm warns
Today's ruling on gender being used for insurance purposes could trigger a spate of further litigation according to one actuarial firm.
PWC predicts increase in pay-as-you-drive in wake of gender ruling
Today's European Court of Justice ruling that from 21 December 2012 insurers will no longer be able to charge different insurance premiums to men and women because of their gender, could lead to a steep uptake in pay-as-you-drive schemes.
PWC predicts increase in pay-as-you-drive in wake of gender ruling
Today's European Court of Justice ruling that from 21 December 2012 insurers will no longer be able to charge different insurance premiums to men and women because of their gender, could lead to a steep uptake in pay-as-you-drive schemes.
Insurers could turn to equally divisive pricing factors after gender ban
Today's ruling that prevents insurers from pricing risk by reference to data that distinguishes specifically between men and women seems to put European insurers at a disadvantage to others who will not be required by law to take a blinkered view of…
Insurers could turn to equally divisive pricing factors after gender ban
Today's ruling that prevents insurers from pricing risk by reference to data that distinguishes specifically between men and women seems to put European insurers at a disadvantage to others who will not be required by law to take a blinkered view of…
ECJ decision a gender tax on women claims Confused
The outcome of the European court of Justice ruling is effectively a gender tax on women.