Insurer
AIG international GI unit sees $399m loss
AIG’s international general insurance business was hit by $399m (£286.5m) losses in in the last quarter of 2017, nevertheless an improvement on the $441m loss it suffered in Q3 2016.
The ABI's James Dalton on Carillion and the canary in the coal mine
The collapse of the construction giant Carillion serves as a warning sign that businesses need adequate insurance coverage, says James Dalton, director for general insurance policy at the Association of British Insurers.
Insurers outline framework for trade deals outside of EU
Insurers have submitted a wish list to the government of how any insurance specific trade agreement with China or India would look.
Zurich UK hit with £151m loss from Ogden
Zurich UK suffered a £151m loss on its general insurance business as a result of the discount rate cut.
Rental deposit insurtech aims to help renters improve their credit score
Exclusive: An insurtech offering rental deposit insurance is giving home renters the opportunity to improve their credit score through purchasing insurance and paying rent on time.
Allianz shows ‘preliminary’ interest in XL: report
Allianz is reportedly eyeing up XL as a potential acquisition target.
AA releases 2017 pre-close results
AA Insurance Services expects to deliver Ebitda of between £390m and £395m for the financial year ended 31 January, the company said in a market update.
Ex-Aviva manager launches AI-driven chatbot app
Ex-Aviva product manager Damian Cristian has developed an Artificial Intelligence-driven chatbot app for personal insurance.
Hurricanes put Zurich's P&C segment in the red
Nat cats pushed Zurich’s property & casualty segment into the red last year, as hurricanes Harvey Irma and Maria saw the insurer report a 100.9% combined operating ratio for P&C.
Beazley sees profit fall from nat cats
Beazley saw profits fall by 43% as a result of exposure to “heavy claims” from natural catastrophes.
Government urged to publish Brexit financial services paper
The government must publish its Brexit position paper on financial services in order to assuage the “chronic state of uncertainty” at present, the chair of the Treasury Committee has warned.
Blog: Personal and cyber - connecting the dots
James Tucker, smart technology manager at Allianz, explains why insurers should consider creating an all-encompassing personal cyber cover.
Brit appoints Christopher Ballantyne as VP
Brit has appointed Christopher Ballantyne to the newly created role of vice president of delegated claim authority.
Interview: Charlotte Halkett and Darius Medora, Buzzvault Insurance
Charlotte Halkett, one of the founding members of Insure the Box, caused waves when she moved to launch an insurance business of a removals booking firm Buzz Move in September last year.
Generali completes sale of Dutch subsidiary
Generali has completed the sale of its entire shareholding in Generali Nederland to ASR Nederland.
CNA Hardy's Dave Brosnan on bumps in the road as businesses go global
Boards shouldn't turn their attention away from corporate, compliance and supply chain risks, warns Dave Brosnan, CEO of CNA Hardy Europe.
IFB enters partnership with Mohawk Security to boost investigation strategies
The Insurance Fraud Bureau has signed a contract with Mohawk Security in order to more effectively combat fraud.
Direct Line bounces back from Carillion collapse
Direct Line has allocated new facilities management providers in the wake of the collapse of construction giant Carillion.
JLT bolsters European cyber practice with Schouteren hire
JLT Specialty has bolstered its cyber practice in continental Europe with the appointment of former Aon cyber lead Sjaak Schouteren.
Ex-LV chair Neave appointed to Slater & Gordon board
Slater and Gordon UK has appointed David Neave as a non-executive director.
Pool Re publishes first Terrorism Frequency Report
Pool Re has published its inaugural Terrorism Frequency Report with a view of informing members on terrorist threats.
Ghost brokers defraud public of £631,000 over three years
Ghost brokers have defrauded the public of £631,000 over the past three years.
R&Q Malta receives A- rating
R&Q’s European subsidiary has received an A- rating from AM Best.
Analysis: Product recalls: Bringing it back
Whether it’s a tumble dryer that catches fire or baby milk that’s contaminated with salmonella, an increase in safety concerns is putting product recall insurance in the spotlight. With the frequency and severity of claims on the up, there are concerns…