United Kingdom (UK)
Zurich's Tulsi Naidu on IPT as a drag on the insurance industry
Zurich's UK CEO Tulsi Naidu explains that insurance premium tax is a regressive tax, which punishes responsible business and the public for doing the right thing.
Analysis: Industry faces financial blow from discount rate revision
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.
Travel insurers must ‘signpost’ policies for vulnerable customers
Travel insurers will have to ‘signpost’ policies that have exclusions over pre-existing medical conditions.
Majority of disputed claim rulings are won by insurers
Insurers win two-thirds of legal disputes against their commercial policyholders when a claim is disputed.
Ageas confirms Axa's Waks as chief risk officer for UK
Evan Waks has been appointed as Ageas UK’s chief risk officer and will start with the business in September.
‘Bad outcome’ for industry as discount rate revised to -0.25%
The government has set a new discount rate of minus 0.25% - a much lower number than the expected 0%.
Blog: Home history data may build a better picture for pricing
Pricing practices in the home insurance market are under scrutiny and according to Jay Borkakoti, director, home insurance, UK and Ireland, LexisNexis Risk Solutions insurers need to use claims history data to better their understanding of property risk.
This week in Post: 25 years of the British Insurance Awards
This week the best and brightest in the insurance community gathered in the Royal Albert Hall for the 25th British Insurance Awards.
Industry pays tribute to 2019 BIA Achievement Award winner Annette Court
On Wednesday night Admiral chair Annette Court won the Achievement Award at The British Insurance Awards.
Rising Star: Valeria Altavilla, Scheme Serve
An insurtech providing software to the insurance industry is a far cry from qualifying as a lawyer in Italy, but Scheme Serve's Valeria Altavilla isn't looking back.