Insurer
Start up MGA Aspen Risk Management signs up second underwriter
Managing general agent Aspen Risk Management has unveiled its second underwriting partner.
Lord Sugar and Aon's Case line up for Biba 2011
The keynote speakers for this year’s British Insurance Brokers' Association conference have been confirmed as Greg Case, president and CEO of Aon Corporation, explorer Ed Stafford who was the first man to walk the length of the Amazon and businessman and…
RSA expects 2010 profit to be at least £600m despite 2.4pt COR weather hit
RSA expects to show net written premium growth of 11% to £7.46bn, a COR of between 96.5% and 97.0% and an operating profit of between £600m and £630m in its 2010 full year results.
RSA expects 2010 profit to be at least £600m despite 2.4pt COR weather hit
RSA expects to show net written premium growth of 11% to £7.46bn, a COR of between 96.5% and 97.0% and an operating profit of between £600m and £630m in its 2010 full year results.
People moves - 20 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 20 2011 edition of Post.
Postscript - Five years ago: EL proposal for legal prostitutes
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Crossrail signs nine-year no-break deal with Zurich, Ace and Swiss Re
The £15.9bn Crossrail construction project has become the first of its kind to negotiate a nine-year insurance policy to be placed in the global insurance market without a break clause.
Risk modelling - Underwriter responsibility: Model behaviour
Models have quickly become a valued tool for underwriters. Matthew Washington examines how the advent of Solvency II could really make them fly.
Career development & CSR: Allianz gains CII chartered status accolade
Allianz Commercial has been granted chartered status for its commitment to ethical conduct and professionalism by the Chartered Insurance Institute.
Editor's comment: A whimper not a bang
Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with…
Suncorp claims hit 10 000
Suncorp expects to have eroded between A$220m (£137m) and A$240m of retained costs under its aggregate reinsurance programme as a result of the Australian floods, as well as other natural hazard events during 2010.
Postbox: Conditions are right for new start-ups
We support the view that market conditions suit the emergence of new start-ups of both insurers and brokers
Legal update - Litigants in person: Does representing yourself give you an advantage in court?
Judges may often appear more lenient on claims brought by litigants in person. However, Nick Weston reports on a recent case that shows procedural latitude does not prevent substantive issue scrutiny.
WNS eyes top three property repair place
WNS Assistance has pledged to land a place among the top-three property repair firms within the next 18 months, after confirming its plans to enter the sector.
CHOs must co-operate more with insurers or risk collapse
Some credit hire organisations will have to become more co-operative with insurers if they are to avoid collapse, a legal expert has warned.
Groupama u-turn over Liverpool office closure
Groupama is set to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.
Taxation - IPT changes: A taxing issue across Europe
2011 brings with it many changes to insurance premium tax across Europe and a big headache for insurers operating locally in different countries or across multiple European territories. Edward Murray explains why it is crucial for insurers to stay on top…
Career development & CSR - IRM: qualification will help avoid repeat of economic upheaval
The Institute of Risk Management has said its new practical international qualification will support the insurance and banking sectors in avoiding a repeat of the economic upheaval of the past three years.
RSA boasts of UK first with scoping innovation
RSA has agreed a deal with technology firm Innovation Group to become the first UK insurer to adopt its property claims scoping software.
Postscript - 30 years ago: Advertising motion debate lost
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Commentary - Winter freeze: Burst pipe problems
The industry is currently paying out an estimated £7m a day over burst pipe claims. Graeme Fitzpatrick asks if insurers are doing enough to help customers prevent them.
Comment - Brokers & claims: Claims expertise - the future of broking?
2011 is shaping up to be tough for brokers. John Greenway argues claims expertise is an area ripe for differentiation and the best way to solidify client relationships.
Pru Health to overhaul product offering
Pru Health is set to overhaul its product offering following its purchase of rival firm Standard Life Healthcare UK.
North of the Border: Update on Pleural Plaques and Forum Shopping
The eagerly awaited decision of Scotland's Inner House of the Court of Session, in the judicial review of the Damages (Asbestos-Related Conditions) (Scotland) Act 2009 is anticipated later this month.