Insurer
Penny Black's insurance week
Penny thought she got invited to all the best gigs, but clearly her invitation to Markerstudy's 10th anniversary bash at The Savoy was lost in the post.
Law report: Advantageous insurer decision in pedestrian accident case
This law report has been contributed by national law firm Berrymans Lace Mawer.
Junction secures M&S Money extension
BGL-owned Junction has seen off affinity rivals by securing a five-year extension on its deal to provide motor insurance to M&S Money customers on a panel basis. The competitive tender win comes shortly after it successfully renewed a similar arrangement…
Post history - 50 years ago: Draft war settlement laid out
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Roundtable - Claims: The claims game
The expert panel at our recent roundtable on the claims process got their teeth into technology and staffing issues, how to tackle fraud and the impact of telematics. Leigh Jackson reports.
Editor's comment: Partners and crime
This week's insurance news theme could be the stuff of another unpublished Jane Austen novel — Partnership & Punishment — although it's doubtful the Bodleian would fork out another £1m for the privilege. Or perhaps with a title like that it's more…
Axa takes hit on illegal vodka industrial blast
Axa faces a large insurance claim following an explosion at an industrial unit in Boston, Lincolnshire that was being used to produce illegal vodka.
Axa regains TUI travel contract from Mondial
Axa Personal Lines has ousted Mondial Assistance as underwriter for travel giant TUI, following a successful tender bid to win back the three-year contract. It comes less than a week after Axa sealed a similar deal to retain the Lloyds TSB travel…
News analysis - RTA scheme extention: Statistically speaking
With the MoJ consultation on extending the RTA personal injury scheme now closed, Lynn Rouse asks how an evidential basis can be put forward with no sign of statistics on success to date.
Career development: Ask the expert
I've worked my way up the ranks over the last 10 years, from a relatively junior position in my existing company, but despite my current position of responsibility I still have trouble shaking off people's previous perceptions of me, which I feel is…
People moves - 21 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 21 July 2011 edition of Post.
ABS deadline delayed until 2012
The 6 October deadline for licensing alternative business structures is delayed until 2012, Post understands.
RPC: drop in High Court cases masks insurer litigation
There has been a 30% fall in the number of commercial cases launched in the High Court, down to 47 884 in 2010 from 68 084 in 2009, according to City law firm Reynolds Porter Chamberlain LLP.
Post Magazine – 21 July 2011
This week the Post team reports on DAS’ decision to close the Amicus Legal office in Colchester, a move which will cost 21 people their jobs.
Amicus to close Colchester office in efficiencies push – Insurance News Now – 21 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including DAS’ decision to close the Amicus Legal office in Colchester, a move which will cost 21 people their jobs.
NIG identifies target trades in push for contractor business
NIG bosses have earmarked a number of target trades they hope to attract by offering improved cover levels, dedicated broker microsites and a new brand identity.
Global Takaful contributions set to rise
Global Takaful contributions are expected to reach US$12bn by the end of the year, according to analysis by Ernst & Young.
Catastrophe rates on the rise as insurers look to recoup losses
Catastrophe rates are on the rise as insurers attempt to recoup heavy losses, however, non-catastrophe accounts with good loss experience remain highly sought after, according to a Marsh report published today.
Former Indy staff lose compensation after employment tribunal appeal
Hundreds of former Independent Insurance staff have lost the right to compensation after the liquidated company appealed an earlier ruling.
Tokio Marine Europe files for Chapter 15 recognition in US
Tokio Marine Europe Insurance Ltd, a part of the Tokio Marine Group, has filed a petition for protection from creditors within its recently approved solvent scheme of arrangement under Chapter 15 in US bankruptcy court in Manhattan.
Insurance Insight Blog: If it’s good enough for Uefa . . .
When I took on this role as editor of what was then just an idea Post, the long running UK insurance weekly, had that its readers might be interested in Europe, I had little inkling of what was to follow.
Gibraltar GWP tops Lloyd's in motor insurance underwriting
Gibraltar is outperforming Lloyd’s of London in the motor insurance market, according to a report by Ernst & Young, and Admiral is leading the charge.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Fitch affirms German mutual Gothaer's 'A' rating
Fitch Ratings has affirmed Gothaer Allgemeine Versicherung AG's and Gothaer Lebensversicherung AG's insurer financial strength ratings at 'A' and long-term issuer default ratings at 'A-'.