Insurer
MMA parent reveals earned premiums of €13 bn in 2009
Covéa added its solvency margin, including unrealised capital gains, exceeded regulatory requirements by over three and a half times.
MMA parent reveals earned premiums of €13 bn in 2009
Covéa added its solvency margin, including unrealised capital gains, exceeded regulatory requirements by over three and a half times.
Seven insurers win £300 000 'crash for cash' damages
A consortium of seven UK motor insurers is awarded £300 000 in damages from 57 members of a 'crash for cash' fraud ring following a landmark civil case.
Scottish Lion decision "not the end"
Today’s decision by the Inner Court of Session, which found in favour of Scottish Lion, is by no means the end of the matter, according to law firm Elborne Mitchell.
Fitch remains supportive of Bermudian reinsurers just before results season
Ratings agency Fitch remaind supportive of Bermudian (re)insurers before the insurance results season starts in February.
Zurich raids Allianz for marine underwriters
Zurich has appointed Rod O’Malley and John Gibson from Allianz as senior market underwriters in its marine cargo team.
Scottish Lion ruling overturned
PwC partner Dan Schwarzmann "delighted" by outcome as the Scottish Lion ruling is overturned.
Chubb makes healthy profits for fourth quarter and 2009
Chubb reported net income increases in the fourth quarter and year in general.
FSA to publish insurer complaint figures in August
The Financial Services Authority has today confirmed that it will require firms to publish information on how they handle complaints, to help people see how firms are performing in this important area and to drive up complaints handling standards across…
Omega to hold special general meeting in March
Omega Insurance is to hold a special general meeting to consider "resolutions" for the Invesco proposed directors as additional directors of the company.
Zurich gains senior AIG underwriter
Greg Cropp, energy excess casualty writer at AIG, has moved to Zurich North America, where he will be the vice president of energy excess casualty.
New senior manager appointed at BGL
Nik Hobson has been appointed as senior manager for panel development. Mr Hobson’s appointment brings the panel development team up to 17, compared to seven employees 18 months ago.
Post Magazine 28 January 2010
This issue featured an interview with new Zurich UK general insurance CEO Stephen Lewis, a review of the industry's recent PPI troubles, a look at Directors & Officers' market and soem indepth legal updates on professional negligence, broker duties,…
Financial Services Authority issues Walker Review consultation paper
The FSA has issued a consultation paper on effective governance standards within firms which aims to implement a number of recommendations in the Walker Review.
RSA extends Nationwide and DWS motor partnerships
RSA has extended its motor repair services contracts with Nationwide Crash Repair Centres and DWS Bodyworks.
Chubb launches new broker site
Chubb Insurance has launched its new broker website, Masterpiece24, which allows brokers to quote and bind high net worth cover online.
Household premiums rise 5.9%
AA Insurance said increase relfected rising cost in repairing buildings and claims frequency.
CEIOPS agrees to set up new Solvency II task force
Body to deliver QIS5, the final qualititative impact study under Solvency II.
CEIOPS agrees to set up new Solvency II task force
Body to deliver QIS5, the final qualititative impact study under Solvency II.
AA sees biggest ever jump in motor premiums.
The broker found the average quoted premium for comprehensive cover rose by 18.7 per cent.
Investing in the Profession: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute and driving force behind the General Insurance Taskforce talks to Ant Gould about the challenges and opportunities facing the general insurance industry in its quest to embrace…
30 Years Ago: Olympic threat is scrutinised
Decisions over the Moscow Olympics are being closely watched at Lloyd's, which is now understood to have a $40m (£34.8m) to $45m risk exposure on it for the National Broadcasting Company in the US.
Penny black's insurance week
Penny was troubled to learn Davies' new head of claims operations Jim Pittman has suffered an unfortunate setback following a recent foray into the world of martial arts.
Rehabilitation - joint instruction: The waiting room
Funding has always been an issue for rehabilitation but Andrew Pemberton asks whether the current demand for joint instruction on cases is leading to a 'credit rehab' market.