Insurer
Confused and Swiftcover team up
Comparison website Confused has teamed up with partner Swiftcover to provide an exclusive offer for its customers.
FSA publishes regulation responses
The Financial Services Authority and Financial Reporting Council have published a feedback statement summarising the responses to the joint discussion paper on enhancing the auditor’s contribution to prudential regulation.
AM Best assigns ratings to GBG Insurance
AM Best Europe has assigned a financial strength rating of B+ (good) and issuer credit rating of “bbb-” to GBG Insurance Guernsey (GBG).
AM Best assigns ratings to GBG Insurance
AM Best Europe has assigned a financial strength rating of B+ (good) and issuer credit rating of “bbb-” to GBG Insurance Guernsey (GBG).
Claims operation launches to assist the London market
A new company offering claims management services to assist the London market has been launched.
PPI bill set to become “colossal”
Jonathan Evans, chair of the All Party Parliamentary Group on Insurance Financial Services, has warned that the final figure for payment protection insurance mis-selling compensation could end up as high as £4bn.
Munich Re hit by £931m cat losses in 2011
Natural catastrophes in Australia and New Zealand have already cost Munich Re AUS$1.5bn (£931.1m) in 2011.
Munich Re hit by £931m cat losses in 2011
Natural catastrophes in Australia and New Zealand have already cost Munich Re AUS$1.5bn (£931.1m) in 2011.
RBSI claims director joins Weightmans
Weightmans boosted its insurance offering with the appointment of Kate Lotts to the newly created role of head of policy development (insurance).
Canopius accuses industry of "folly"
Canopius chairman Michael Watson has accused the insurance and markets of “folly” as rates continue falling despite 2010 being “one of the six” most costly years for insured catastrophe losses.
XL Group reveals possible $85m NZ quake loss
XL Group has revealed preliminary net loss estimates of $70-85m for the earthquake that struck Christchurch, New Zealand on 22 February.
Catlin estimates $125m quake loss
Catlin Group has estimated that the 22 February 2011 earthquake near Christchurch, New Zealand caused its losses of $125m.
Professional indemnity - legal services shake up: a plethora of problems for solcitors?
With the legal services industry set for a structural shake-up, Mike Willis and Lindsay Bowskill consider the impact on its insurers.
Postbox: Are the dog days over?
Forty to 50 years ago, the London insurance market claimed it would offer cover for any legitimate risk and, as a young broker, I never imagined I would one day be frustrated by the failure to quote for a simple risk.
Disease claims - mesothelioma: minimising costs while maximising speed
Mesothelioma claims are not set to peak until at least 2015. David Wynn details what insurers should be doing now to minimise their cost burden, while maximising speed of settlement.
Climate change - domestic renewable energy: the risks and opportunities
With electrical and roofing contractors now moving into eco-friendly home energy installation, Richard Forrest-Smith explains the risks, regulation and exciting insurance opportunities this presents.
News analysis - ECJ Judgment: The gender judgment
The Test-Achats case will have huge consequences for the motor, life and health insurance industries. Andy Tromans and Nick Elwell-Sutton explore the ramifications.
Inward-looking nature is holding back industry, claims IBM partner
The insurance industry's ability to execute intelligent decisions in the form of rules-based 'next best' actions is hampered by its "inward-looking" nature and failure to extrapolate from external experiences.
Technology reliance must not hinder contingency plans
Robust contingency plans must be in place to avoid over-reliance on technology, panellists warned.
Axa axes innovation hub
Axa has confirmed that its Insurance Innovation Hub is no longer in place following CEO Paul Evans' move to break-up the personal and commercial lines general insurance businesses.
Disease claims: amendments to the pre-action protocol for disease
Recent amendments to the pre-action protocol for disease and illness claims underline that the claims process is a genuine two-way street. Ian Macalister details the encouraging changes.
Legal update - winter damage claims
Severe cold snaps during the past two winters have propelled potholes to centre stage, provoking liability claims. Caroline Elson explains the arguments and outcomes of recent cases.
Public sector reveals way on administration savings
The insurance industry could do worse than look to its public sector counterparts to learn how 'intelligent decisioning' can simplify complex processes and witness the value of claims automation.
Post history - 50 years ago: RAC backs bad driver punishment
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.