Insurer
Chubb launches online system for life sciences companies
US insurer Chubb has launched an online system allowing firms undertaking clinical trials in China and Brazil to download local insurance certificates.
Reduced capacity in Asia will not affect all business lines
Despite catastrophe losses leading to reduced capacity in the Asia Pacific region, competitive rates are still possible on some lines, according to broker Marsh.
Zurich backs Airmic’s compliance database
Zurich has applauded Airmic's and FERMA's plans to develop a database of international insurance requirements
Technical difficulties
Incisive Media is currently experiencing technical difficulties and you may find you are having problems contacting the Post team at present.
Ex-Aon boss joins Ironshore
Former Aon boss Dennis Mahoney has joined the board of insurer Ironshore.
KBC has no plans to sell Bulgarian subsidiary
Belgium's KBC has denied claims in the local media that it plans to divest itself of Bulgarian insurance subsidiary DZI.
Aviva and Brit credit hire cases reach Court of Appeal
Seven credit hire cases involving Aviva and Brit are set to be heard in the Court of Appeal later this month, Post has learnt.
Munich Re reports €0.71bn profit despite major losses
Munich Re reported a profit of €0.71bn for 2011, despite major losses and against the backdrop of the Eurozone crisis.
Markel reports investment and GWP growth counters catastrophe claims
Markel International saw gross written premiums rise 16% to $825m for 2011 ($709m) but a combined ratio of 116% (95%) included $123m, or 18 points, from natural catastrophes compared with $17m, or 3 points, in 2010.
Penny Black’s insurance week
This week, Penny was given a taste of the exotic at the truly unique Archipelago Restaurant in the West End.
Career development: AMII names 500th CII exam pass
John Davison, of independent financial adviser Ringrose Grimsley, has become the 500th Association of Medical Insurance Intermediaries’ candidate to pass the CII/AM11 IF7 exam.
Your say: The importance of data
I was pleased to read the feature on data analytics, since this is now such an important area for the industry. The battle to win customers will soon be won or lost on how insurance brands use their data.
Interview - Bobby Gracey & Dr James Lygate: The future of forensics
Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners. The duo explain their plans for growth and diversification at IFIC.
Credit hire: Collision course
The thorny issue of credit hire continues to tax insurers — but should they be doing more to control costs?
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Government drops flood subsidy hint as Defra weathers harsh criticism
The government has hinted it is prepared to agree to some form of subsidy for flood-prone homes to enable insurers to continue to provide affordable cover.
RSA job cuts not mark of wider trend says recruiter
Regulatory changes are likely to keep technical roles in-house, however, the number of support function redundancies are expected to rise as an industry-wide outsourcing trend continues in 2012.
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.
Career development: Zurich gains CII status
Zurich has become the first UK composite to gain chartered status.
Market moves: XL rings the changes
XL led the way in the recruitment space this week, as insurers made a number of key appointments. While XL added four new staff members to its ranks, Liberty Mutual, Canopius, CNA Europe and Axa also had a busy seven days. In comparison, the broking…
Brokers wary over Groupama transfers as S&P puts Aviva and Axa on rating alert
Up for sale insurer may be helped by wider eurozone worries.
In series - On data: Data driven
Insurers must seize the initiative and make Europe’s mandate to remove gender from premium calculations work for them.
View from the top: Value added pacts
The industry must band together to push the added value that insurers offer, says Elliot Miller.