India
Air India crash claim could reach around £150m
The fatal crash of Air India flight AI171 on Thursday (12 June) is expected to cost the insurance industry more than $200m (£147.2m), more than the direct written premium for aviation in India, according to analysts GlobalData.
Digital transformation solutions to ride the wave of the Insurance sector’s future
Advertisement feature: Fincons Group explains the recipe for successful collaboration with insurers to help them in their digital transformation
Top 50 Reinsurers of 2023 revealed
Munich Re remained in first place of Insurance Post’s Top 50 Reinsurers 2023 list, with Swiss Re and Hannover Rück SE joining Munich Re on the podium this year.
European insurtech investment catching up with US; Goldman Sachs invests in Clear; Allianz to lead Coalitions’ UK cyber capacity; and Gallagher buys Erimus
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva reports 13% spike in fraud; Accredited hails £2bn Policy Expert deal; Urban Jungle to recruit 100; and PRA warns insurers of ‘significant headwinds’ over climate change
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ESG blog: Valuing water – delivering access to water, sanitation and hygiene in Northern India
Looking at the S in ESG, Suzanne Scatliffe, global sustainability director at Axa XL, explains how the insurer is working with Water Aid to improve the quality of people’s lives by providing clean water, decent toilets and improved hygiene.
ESG Exchange Week: What is driving microinsurance growth?
Microinsurance could cover up to 2.5 billion people by 2030. As Edward Murray explains, digital resources and education through the Covid-19 pandemic have opened up the door for mainstream insurers to get involved in this market.
Briefing: 10 insurtech start-ups to watch in 2022
For a seventh year running, Post content director Jonathan Swift scans the insurtech space and identifies a host of up-and-coming businesses potentially worth watching over the next 12 months and beyond.
Top 30 Asia Insurers 2021: Resilience under pressure
Asia Pacific non-life insurers have proven their agility and tenacity in overcoming headwinds over the past year to deliver solid results. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, discusses the region’s scorecard
UK tops carrier M&A in Europe for first half of 2021
The UK was the leading European country – and second most active worldwide behind the US – for insurance carrier mergers and acquisitions in the first half of 2021, according to research by Clyde & Co.
Ex-FCA boss Chris Woolard joins EY
Former interim CEO of the Financial Conduct Authority Chris Woolard will join EY this April to lead its Europe, Middle East, India and Africa financial services regulatory capabilities and chair the EY global financial services regulatory network, the…
Q&A: Max Carter, New Dawn Risk
Formed in 2008, New Dawn Risk grew to handle £81m of premium last year. It started 2021 by looking to target UK regional brokers for the first time. Founder Max Carter reviews the growth of the company and explains why now is the right time for the firm…
Top 30 Asia-Pacific Insurers: Bracing for uncertainty
Although non-life insurers in Asia performed modestly in 2019, the past nine months has been bumpy for the industry. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, discusses the region’s performance over the past year
Briefing: Is it time to lock up your employees as Amazon comes a-calling?
News that Amazon is expanding in the Indian insurance market coupled with its recent recruitment in the UK could leave insurers feeling a bit worried for their staff and their business.
180 Years of Post: Corporate collapses
As Post celebrates 180 years, we look at the companies that have come and then very quickly gone and ask what today's insurers can learn from them.
Global recession 'like a car crash without an airbag', says Swiss Re
The global recession triggered by Covid-19 is “like a crash without an airbag” according to Jérôme Jean Haegeli, group chief economist at Swiss Re.
Top 100 Insurtech Firms 2020: Sønr Comment and Tables
Partnering with insurtechs enables companies to accelerate their agendas, the top strategic challenge the insurance market is facing today. As companies adapt to the necessity of digital first, corporate start-up partnerships provide the opportunity for…
Trade credit insurers in cover limits and pricing re-think
Trade credit insurers are looking at pricing and cover limits as the coronavirus crisis continues to unfold, Post understands, as they warn virtually no sector will be left unaffected by the pandemic.
Kennedys spins out inhouse innovation team as stand-alone business
Law firm Kennedys has spun out part of its innovation function as a separate wholly-owned limited company in order to speed up product development and attract staff more suited to its technology/software focus.