Insurer
One year on, Christchurch still counting the cost
February marked the first anniversary of New Zealand’s most deadly natural disaster. One year on from the magnitude 6.3 quake that devastated downtown Christchurch on 22 February 2011 and claimed the lives of 185 people – and with the dust far from…
MEPs on the front foot as Prudential sparks fear of mass insurer exodus
Solvency II concerns in the spotlight after UK giant linked with Hong Kong move
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
My best 11: Jon Bates, APC Underwriting
APC Underwriting operations director Jon Bates selects his best XI for an insurance startup. Bates has snubbed the Premier League, with a team dominated by brokers and fellow underwriting agency players, including his boss as captain, with the surprise…
Market moves: Insurers dominate again
Zurich made two high-profile appointments this week, as the recruitment space was once again dominated by insurers.
Experts play down fears of wider trend as two brokers slip into administration
Fears that smaller brokers are coming under increased pressure — after two independent firms slipped into administration in a week — have been downplayed by Eric Galbraith (pictured) who claims "the market is as competitive as ever".
In Series: Emerging Markets - The India of today
With the civil society movement setting the agenda against corruption, and a growing middle class, India is a market ripe for insurers.
The rise of King Artur: interview with Garwyn CEO Artur Niemczewski
After his grandparents escaped the clutches of the Nazis during the Second World War, Artur Niemczewski spent his formative years in communist Poland. The recently appointed Garwyn chief executive reflects on his past as a nuclear scientist and outlines…
Telematics: Aggregators - the future of motor insurance
As young drivers are priced out of the market, could the emergence of telematics bring an end to the dominance of the traditional big four aggregators, as others seek to take a share of the market?
In Series: Emerging Markets - India: a land of opportunity
With the economy in India struggling less than those of its Western counterparts, coupled with a rise in consumerism, the insurance industry has major opportunities open to it
Commercial lags behind personal as major insurers reveal their 2011 hands
The results season is more than halfway through and, while analysts have highlighted the increased profit in personal lines despite market saturation, they claim commercial is lagging behind and could worsen.
Career development: Plum grows training scheme
Plum Underwriting has pledged to expand the size of its broker training scheme.
Shorter car hire lengths damaged results, says Helphire boss
Credit hire firm Helphire is "cautious but optimistic" about the future, despite posting an adjusted operating loss of £0.7m for the six months to 31 December 2012.
Ace Europe targets over-50s market with Netherlands pilot
Ace Europe is branching into the over-50s market with a pilot starting in the Netherlands in Q2 this year.
Markel opens second Malaysian office
Specialist insurer, Markel International, has opened a marketing office in Kuala Lumpur, Malaysia, in response to increased demand for specialist products from the Asian market.
Prudential departure would be "severe blow", says Tory MEP
The market has been responding to the news that The Prudential, one of the UK's oldest insurance companies, may re-domicile abroad, due to a lack of clarity over how Solvency II will affect its business.
Direct Line Group hires chief risk officer
Jose Vazquez will join Direct Line Group as chief risk officer, reporting to Paul Geddes, chief executive officer.
LV wins landmark contrived collision court case
LV has won the first case of its kind in which an accident that was wholly contrived has been successfully concluded in favour of the insurance company.
Post magazine – 1 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Skillin rebuffs claims that Imperial is in financial difficulty
Imperial Consultants chief executive Kevin Skillin has dismissed claims that the company is experiencing financial difficulties as "malicious gossip".
Insurers to pay for Accident Exchange retrials
Major insurers that do not reach a settlement with Accident Exchange could end up paying millions of pounds in legal costs.
Jobs and branches at risk as Autoglass undergoes "operational changes"
Autoglass is entering into a consultation period with its staff after announcing a reduction in contact centres and the closure of a number of branches.
Only 16% of companies have reviewed BCP for Olympics
The vast majority of financial services companies have assessed the impact the London 2012 Olympic and Paralympic Games will have on their business, according to research from Deloitte.
Protection needed for consumers to embrace 'mobile wallets'
Consumer interest in mobile transactions would be "exponentially higher" if secure protection products were an option, according to a survey on mobile trends by specialty insurer Assurant Solutions.