Insurer
US Solvency II equivalence suffers setback
The US National Association of Insurance Commissioners has been vocal in its opinion of the EU's aim to make the country a Solvency II equivalent.
India's GIC Re considering IPO
General Insurance Corp of India is believed to be considering an initial public offering.
Airline insurance sector soars to first profit in five years
Profitability returned to the aviation and airline manufacturing insurance markets in 2011 following one of the lowest years for losses and passenger fatalities on record, according to Willis’ Aerospace.
China to broaden insurers investment scope
The Chinese regulator has said the country will broaden the investment scope of insurers and simplify approval procedures to boost the industry’s support to the nation’s economic growth.
Rolland from Amex to head LV's claims
LV has appointed Chris Rolland, pictured, as claims director to oversee all aspects of claims within LV's general insurance business.
Reinsurers weakened financially by 2011 catastrophes
Reinsurers are exposed to further major catastrophe losses during 2012, according to Fitch.
Non-life premiums to stay suppressed until 2015
Non-life premiums will not rebound to 2003 levels until after 2015, according to Ernst & Young's economic forecast.
Groupama goes dynamic on Open GI
Groupama is providing brokers with dynamic pricing on its motor quote engine through Open GI.
LMI opens Leeds office
Liberty Mutual Insurance has made four new appointments and opened a new office in Leeds.
RSA expected to beat 95% COR
Deutsche Bank has said it expects RSA to produce a combined ratio of better than 95% when it reports Q1 results this week.
Engelhardt tops Sunday Times insurance Rich List
Admiral's Henry Engelhardt, pictured, was the insurance industry’s top player in this year’s Sunday Times Rich List, with a total worth of £528m, down £120m from last year. He came in at 156th place, down from 120.
Moss declines 2012 salary increase
Aviva shareholders have voiced concern over Aviva's remuneration report.
'Sluggish' growth predicted for next three years
Insurance premiums will not recover until after 2015, growing just 0.9% this year, Ernst & Young has predicted.
Confused in the clear after complaints about 'overly sexual' ads
Confused has been forced to defend a television advert featuring bikini-clad cartoon characters after 37 complaints were lodged with the Advertising Standards Authority.
CII launches employee framework
The Chartered Insurance Institute has launched an Insurance Competency Framework enabling businesses and individuals to determine the competencies individuals need to effectively fulfil their job roles.
DLG prospectus reveals 2011 COR breakdown
The Direct Line Group has launched a prospectus geared towards tying up its proposed £500m planned subordinated debt issuance, in which it discloses last year's combined operating ratio for the insurer's various lines of business.
EU law takes a hold on the UK motor insurance market
The conflict between EU law and individual country laws can be confusing for companies that operate in member states. David Holt discusses the increasing influence of EU law on the UK motor insurance market and the Directives that seek to clarify the…
Aviva management shake-up poll result
Will the changes really 'simplify' and 'focus' the business?
Slim-line Talanx looking to shed 730 jobs by 2015
German insurance group Talanx plans to save €245m annually by cutting 730 jobs in a reorganisation of retail operations in its home market.
Hardy shareholders say yes to CNA deal
Hardy shareholders have approved the £143m sale of the Lloyd's insurer to CNA.
Ace appoints Asia Pacific energy casualty underwriter
Ace has named Shaun Oliver as Asia Pacific Energy Casualty Underwriter.
Countdown to ISA: Q&A with Axa Asia's Prasanna Patil
As part of a series counting down to Insurance Strategy Asia, Insurance Insight spoke to Prasanna Patil about his views on the Asian insurance market.
Terrorism - All peaceful in the eurozone?
With economically motivated protests bringing violence to Europe's door, Andrew Stuart advises risk managers on how to find the terrorism and violence policy that offers the greatest protection against civil disturbance.
Payment defaults increasing across European firms
The level of payment defaults is improving in Japan and the US, but eurozone risk is on the rise, according to credit insurer Coface.