Insurer
Allianz’s Axel Theis on the positive signs for global trade
Concerns remain but outlook for global trade shows positive signs, says Axel Theis, member of the board of management of Allianz SE.
Tysers buys Cosmos’ London commercial lines business
Tysers has bought the London-based commercial lines business of Cosmos Services for an undisclosed sum.
FCA launches guidance on senior managers and certification regime
The Financial Conduct Authority has published proposals on how firms and individuals will move to the senior managers and certification regime.
Plum opens underwriting and service hub
Plum Underwriting has opened an underwriting and service centre in Basildon, Essex.
Brokers informed: The weakest link
Whether through human error or ignorance, companies are exposed to cyber risk through employees and must consider their defences
Interview: Stephen Hines, Forum of Insurance Lawyers
In November, the Forum of Insurance Lawyers appointed Stephen Hines as its 22nd president in its 25th anniversary year. Post sat down with him to discuss his aims and ambitions for the group.
Man sentenced after 13 false insurance claims
A man has been sentenced at Liverpool Crown Court after attempting to claim compensation on 13 separate occasions for alleged damage caused to his car.
Analysis: Employment claims rising after unfair fees finished
Now the Supreme Court has ruled employment tribunal fees are unlawful, insurers are expecting a flow – but not a flood – of claims
Allied World promotes MacLeod in Asia-Pacific
Switzerland headquartered global insurer Allied World has made a senior promotion in Asia-Pacific.
Zurich agrees major acquisition in Australia
Global insurer Zurich has expanded its footprint in Australia with a major acquisition and a 20-year distribution agreement with banking giant ANZ, subject to regulatory permission.
Skuld appoints Simpson as London boss
Skuld has appointed Rachael Simpson as senior vice president, London P&I operations.
Cost lawyers call on government to curb recoverable costs recommendations
The Association of Costs Lawyers has urged the government not to follow recommendations to expand the use of fixed recoverable costs.
Insurers pay out £2.7bn in minor injury compensation in two years
Insurers have paid £2.7bn in minor injury compensation since the government first proposed whiplash reforms in Autumn 2015.
Liberty to redomicile to Luxembourg
Liberty Specialty Markets will redomicile its insurance company from the UK to Luxembourg, rather than set up a separate legal entity.
Apil's Brett Dixon on flying solo in court
As the industry awaits news of the Civil Liability Bill, Brett Dixon, president of the Association of Personal Injury Lawyers, argues the courts are not the place for injured people flying solo.
IAG releases 12.5% of premiums to reinsurers for a fee
Australian giant IAG has decided to expand its innovative quota share arrangements with more reinsurers next year.
This month in Post: Takeovers, tech, trials and tinsel
This week saw one of the biggest takeover deals of 2017 while our December issue highlights a year of tech.
Sector welcomes PM’s first Brexit deal
The insurance sector has welcomed news that the UK and EU plan to move onto the next phase of Brexit talks but stresses the need for certainty on the UK’s future trading relationship with the bloc.
Nine crash for cash fraudsters convicted
Nine members of an organised ‘crash for cash’ scheme have been convicted following a motor fraud case brought forward by insurer LV and law firm DWF.
BGL Group appoints Stephen van Rooyen as non-executive director
BGL Group has appointed Sky CEO Stephen van Rooyen as non-executive director.
Blog: Options to access the EEA market after Brexit
Kieran Jones, head of insurance and partner at Weightmans, explains how insurers may continue to write business in the European Economic Area after Brexit.
Indian regulator allows private equity ownership, with conditions
If private equity firms wish to buy 50% or more of an Indian life insurer, general insurer, reinsurer or health insurer they will need to meet some strict conditions.
ABI highlights £35bn industry contribution to UK economy
Insurers and long term savings firms paid out £160m to customers last year, the equivalent to the cost of around 700 houses.
Policy Castle partners with smart home security system provider
Policy Castle has partnered with smart home security system provider, Cocoon, to provide its customers with discounted home insurance policy.