Insurer
Great Eastern CEO optimistic about Southeast Asian market
Asia's oldest insurance group, Great Eastern, remains bullish on the prospects of the industry in Southeast Asia, despite the eurozone crisis, low penetration rates and insufficient coverage in several regions.
Liberty Europe targets energy and construction in Spain with two new hires
Liberty International Underwriters Europe has made two senior appointments in its Madrid office, as the firm looks to grow its energy underwriting and construction capabilities in Spain and Portugal.
CIRC urges Chinese motor insurers to improve claims practices
Motor insurers in China have been given three years to improve their claims management practices by the regulator CIRC.
Markerstudy gets training go-ahead
Markerstudy has been granted 'Centre status' by the Institute of Leadership and Management, enabling it to tailor ILM programmes to suit staff needs.
Industry loss estimates for Thai floods increase to $15bn
The Thai floods could be one of the top five costliest insurance events of the past three decades, according to AM Best.
Bernardino urges EC to agree Solvency II timeline
The chairman of the European Insurance and Occupational Pensions Authority has again expressed concern about the impact of Solvency II delays.
Middle East guest blog: Consumer protection my foot
The insurance broking fraternity in the United Arab Emirates met on 9 February to discuss how, through concerted effort, they can enter into a meaningful dialogue with the UAE Insurance Authority to reverse the recently released, notorious Directive 2.
To ‘E’ or not to ‘E’ – that is the question?
As the European insurance industry slowly starts to emulate the UK and adopt e-trading, Simon Ronaldson asks how European insurers can learn from the experience of their more mature counterparts.
Q&A Peter Solloway
Peter Solloway, business development manager for Continental Europe at FM Global, pictured, spoke to Stephanie Denton about the challenges facing the French insurance market including exposure to nat cats, supply chain issues and distribution challenges.
RSA disappointed in lack of clarity for RTA portal extension
Neil Lightbown, RSA's underwriting director for the UK and Western Europe, said however that it is a "step in the right direction".
Solvency delay poll result
Is insurers' biggest concern the delays that are occurring in Solvency II?
McGavick remains confident as XL reports $474.8m loss
XL chief executive officer Mike McGavick said his firm would not shy away from "frustrating" 2011 results, but asked yesterday for their broader context to be considered.
Eiopa chairman warns against further Solvency II delays
Gabriel Bernardino has urged the European Commission, the Parliament and the Council to agree on a clear timetable for Solvency II implementation.
AA Insurance launches tech-based policy for young drivers
AA Insurance has become the latest firm to "turn to technology" having launched its new 'pay how you drive' policy AA Drivesafe.
Lonmar launches Medicare as a subsidiary company
Lonmar Global Risks has launched its Medicare International division as a subsidiary company, as part of the firm's strategy to establish managing general agents.
New Direct Line logo revealed
RBSI has rebranded the bank logo for a D-shaped rainbow-coloured logo.
New leadership for UNIQA's actuarial and underwriting life sector
UNIQA has appointed Rene Knapp as group head of corporate actuarial and Jaklin Thomas as head of underwriting for life insurance.
Greece not a worry for European insurers, says Eiopa
The chairman of the European Insurance and Occupational Pensions Authority expects little further impact on the insurers from their holdings of Greek sovereign bonds.
Willis CEO calls for insurers to provide resilience
The insurance industry is uniquely placed to provide resilience amid the global financial crisis, according to Willis CEO Joe Plumeri.
Fraud register to launch in July
The Insurance Fraud Register will go live in July after the Association of British Insurers and the Insurance Fraud Bureau signed contracts on the creation of the database.
Allianz extends Scalepoint contract
Allianz Insurance has signed a new three-year contract with claims management provider Scalepoint.
Apil criticises ‘short-sighted’ civil justice change
The Association of Personal Injury Lawyers has said that introducing further change to a civil justice system which is already in the throes of a series of major reforms would be short-sighted.
ABI backs RTA portal extension
The Association of British Insurers has welcomed the government announcement to extend the claims limit for settling personal injury motor claims from £10 000 to £25 000.