Insurer
Post Video Interview: Brokers impress Scott on professionalism
Brokers have a key role in helping to rebuild trust and confidence in the property and casualty market, according to the chief executive of the Chartered Insurance Institute.
Asbestos claims to cost insurers £11bn by 2010
The estimated future cost of UK asbestos-related insurance claims has almost doubled between 2004 and 2008, according to new actuarial analysis.
Insurer to branch out
International medical insurer ALC Health has revealed plans to open additional offices in the Far East and Eastern Europe over the next 12 to 18 months, after appointing a new head for Europe.
Aviva scraps director roles as two leave
Aviva has decided to scrap the roles of commercial and personal lines directors as part of a restructure of the business.
Insurers given clean bill of health by Government Equalities Office
GEO concluded a competitive market existed for consumers of all ages.
Post webinar: focus on the ipod and soon to be i-pad generation
Alvin Jackson, director, Mulberry Consulting, Nicholas Thurlow, director – Text2Insure, Fortis and CSC consultant Keith Aylwin debate how insurers should respond to the ipod generation in this webinar which is now available, free, to view on-demand.
Zurich names first global head of marine claims
Zurich has appointed Steve Gillen as its first global head of marine claims.
Guidewire launches new claims operations software
Software company Guidewire has launched a new claims performance tool as part of its end-to-end claims centre tool.
Piracy and Iran sanctions among challenges for marine insurers in 2010
Increased ransoms demanded by pirates and UN/US sanctions imposed on Iran were two potential areas for concern highlighted at a meeting of the International Union of Marine Insurance (IUMI) body on Tuesday.
Post Pick of the Week
Post reporter Leigh Jackson outlines the major stories from this week's issue of Post: Insurance asbestos costs to double;Axa personal injury move; FSA targets client money; Henderson director joins Towergate; Aviva scraps commercial and personal posts.
CCRIF pays $7.75m to Haiti
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $7.75m to the Government of Haiti following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on 12 January, causing damage of catastrophic proportions.
Groupama appoints e-commerce boss
Groupama had appointed current operations development manager Malcolm Etchells as its new head of e-commerce.
Editor's comment: FSA: not gone yet
If the insurance broking fraternity thought that the banking crisis would lead to the Financial Services Authority giving them an easier ride over the coming months, as it channelled its energies there, then last week's 'Dear CEO' letter may have caught…
Markel strengthens board with non-exec appointment
Markel International has appointed Ralph Snedden as a non-executive board director.
London companies prepare for Solvency II
The IUA has declared that companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals.
California mudslide could cost nearly $5bn
The mudslide that is threatening homes in Southern California could cost homeowners nearly $5bn, First American Core Logic has said.
Travelers in fourth quarter profits leap
Travelers has reported a significant rise in net income and earnings per share for the fourth quarter of 2009
ABI responds to Government discussion paper on CFCs
Association of British Insurers indicates initiative will make the UK tax system more "competitive."
Towergate Underwriting promotes duo in personal and commercial lines
Towergate has made two senior appointments within its underwriting division.
Torus moves for new European casualty senior vice president
Torus has appointed Thomas Guesde as senior vice president of its European casualty platform.
US authorities are set to investigate the AIG bail-out
The US bail-out watchdog is to investigate AIG's rescue, the BBC has reported.
Zurich updates risk model
Zurich Financial Services Group has enhanced its Global Risk Assessment Module - Gloram, which is designed to assist businesses cope with risk management.
UK officially exits recession
The UK economy has exited recession, after figures from the Office of National Statistics showed the economy had grown by a 0.1% in the last quarter of 2009.
RLI net earnings rise 19%
RLI, the US specialty insurer, said its full-year earnings jumped 19% to $93.8m from $78.6m this time last year.