Insurer
Sagicor reports worst first quarter in half year results
Sagicor at Lloyd’s experienced the “worst first quarter” for natural catastrophes in recorded history after experiencing net loss attributable to shareholders of US$2m in the sixth month period.
Support set up for riot compensation claims
The government has set up a website and phone support for householders and businesses seeking compensation for riot damage.
Central Bank publishes new corporate governance code for captives
The Central Bank of Ireland has published its corporate governance code for captive insurance and reinsurance undertakings.
Central Bank publishes new corporate governance code for captives
The Central Bank of Ireland has published its corporate governance code for captive insurance and reinsurance undertakings.
Independent panel to investigate riots
The government is set to establish an independent panel to give victims of the riots a chance to "have their voice heard", Deputy Prime Minister Nick Clegg has announced.
Lloyd’s leads the way in medical tourism insurance
Lloyd’s has launched an insurance product that provides complications insurance for plastic surgeons globally to help protect patients who travel abroad for treatment.
Irish Central Bank launches PPI mis-selling investigation
The Irish Independent has reported that the Central Bank has launched a probe because of fears that consumers may have been mis-sold payment protection insurance on loans.
European PE firm makes third financial services acquisition
European private equity firm, Cinven, is to acquire Guardian Financial Services, the UK provider of life and pension products, from Aegon for an enterprise value of £275m.
Untapped pet premiums total almost £2.5bn
The pet insurance sector could offer providers close to £2.5bn in untapped premiums, according to a Defaqto report which found that around 69% of cats and 48% of dogs in the UK are uninsured.
Telematics could be the answer to managing UK’s “grey fleet”
Employees across the UK are leaving themselves exposed by failing to understand their responsibility when using own cars on company business.
RMS unveils toolkit with building valuation
Risk Management Solutions has unveiled the latest version of its Data Quality Toolkit, which enables re/insurers to assess, manage, and improve the quality of their exposure data.
Solicitor insurers exploited ARP loophole
Insurers have used a loophole to under report premiums from solicitors’ professional indemnity insurance to cut payments to the Assigned Risk Pool, the Solicitors Regulation Authority has said.
Aviva Direct's caravan partner Victor Millwell to expand
Caravan specialist Victor Millwell expects to rapidly expand following Aviva Direct’s decision to use it as preferred provider of its motorhome insurance for customers seeking new or renewal quotes.
Towergate promotes head of legal and secretariat
Towergate Insurance has promoted Sam Clark to head of legal and secretariat.
IAG audit expert joins Grant Thornton
Grant Thornton has taken on IAG UK’s head of internal audit Sarah Talbott to lead its insurance internal audit services.
Zurich extends notification period to 30 days
Zurich Insurance has welcomed government plans to extend the period for lodging riot-related claims to 42 days by increasing its own notification period from seven to 30 days.
Eqecat helps ERD transfer European windstrom risks to capital markets
Catastrophe risk modeling firm Eqecat Inc has provided risk modeling services to Electricité Réseau Distribution France SA in the issuance of a €150m catastrophe bond transferring European windstorm risk to the capital markets.
Groupama holds firm on Societe Generale investment
Groupama SA has confirmed it has not sold any of its shares in Societe Generale SA, according to a report on Bloomberg, despite the stock plunging.
Axa confirmed as business insurer for Reeves furniture store
Axa has also confirmed it is the co-insurer for Party Superstore in Clapham and the sole insurer for fashion store Intense and Funky in Tottenham.
Fitch affirms DEVK insurance entities; Outlook Stable
Fitch Ratings has affirmed DEVK Deutsche Eisenbahn Versicherung Sach- und HUK-Versicherungsverein a.G. Betriebliche Sozialeinrichtung der Deutschen Bahn's (DEVK non-life) and DEVK Deutsche Eisenbahn Versicherung Lebensversicherungsverein a.G…
Aviva on cover for Reeves store in Croydon
Aviva has confirmed it is the building insurer for the 140-year old family run House of Reeves furniture store in Croydon razed to the ground during the riots on 8 August.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on buying habits for travel insurance and a blog on women in insurance.
Guest blog: Women the key to greater competitive edge
In a recent survey, the Employers' Association of Insurance Companies in Germany and the professional training body of the German insurance industry found that the boards of directors of German insurers are only 4% female.
The diverse and evolving nature of travel insurance distribution
Consumers’ travel habits and purchasing of travel insurance varies from country to country. Simon Tottman takes a look at which product and channels are dominating this line of insurance throughout Europe.