Insurer
Allianz grows first half P&C GWP in Asia as profit falls
Global insurer Allianz saw P&C premium growth in Asia of 13% in the first half of the year as P&C profit fell the same percentage amount.
Allianz's Jon Dye and LV's Steve Treloar on why they have joined forces
Joint venture agreements can bring challenges as well as benefits. Jon Dye, CEO of Allianz Insurance, and Steve Treloar, managing director of general insurance at LV, explain how their business will work together.
Philippi swaps Allianz for Euler Hermes in Asia
Allianz-owned global trade credit insurer Euler Hermes has made two senior appointments in Asia.
Revised innovation strategies see insurers investing £1.53bn into insurtech
Major insurers have collectively invested $1.97bn (£1.53bn) into insurtech start-ups globally since 2016.
Aegon enters strategic partnership with fintech lending platform
Aegon has entered a strategic partnership with fintech lending platform, Funding Circle, with the intention of boosting UK SMEs.
Analysis: Retirement villages, an infant market
Retirement villages are asking for group contents insurance but UK insurers are waiting for the market to mature.
Blog: Insurers must look beyond Brexit
From change management to cyber risk, Onno Bloemers, head of insurance at Delta Capita, explains why insurers need to look beyond Brexit to the wider challenges facing the industry.
Fried to leave QBE role as insurer splits emerging markets division
Australian insurer QBE is reviewing its emerging markets division after making a pre-tax loss of $48m (£28m) in the first half of the year compared with a profit of $36m in the same period last year.
Robert Organ to become CEO of Tasker Insurance
Ex-Bluefin CEO Robert Organ will replace Paul Tasker in September of this year.
Matthew Moore appointed as LSM president as Metcalf steps down
Matthew Moore will take over as president of Liberty Specialty Markets as Nick Metcalf, president and managing director of the company, steps down.
Further Ogden hits anticipated but whiplash claims falling, says Admiral
Admiral is anticipating further cost pressures as a result of the change to the discount rate, but has confirmed that whiplash claims are falling.
Confused's profits fall 46%
Confused.com, Admiral’s price comparison business, saw profits almost half in the first six months of the year.
Admiral reports slight rise in pre-tax profit despite Ogden impact
Admiral has reported a slight jump in its pre-tax profit during the first half of 2017, despite an earlier hit to profits of £150m from the Ogden rate change.
Australian insurers need to innovate to survive, says TAS
Insurers need to deal with their legacy systems and adapt to insurtech threats according to Sydney-headquartered financial technology firm TAS.
Analysis: Business interruption - Trigger warning
As cyber and terror risks trigger new types of business interruption, insurers are becoming the go-to resource for expertise.
General insurance complaints jump within the last year
General insurance complaints submitted to the Financial Ombudsman Service have increased over the last year, recent results have shown.
Allianz reassures brokers over LV commercial book concerns
Exclusive: Allianz has sought to reassure brokers over concerns regarding renewals of the acquired LV commercial book.
Webinar: The power and potential of technology and analytics
There is a lot of noise around the potential for data analytics to give insurers an advantage in everything from pricing to fraud detection.
Claims handler sees personal injury claim dismissed on the grounds of fundamental dishonesty
Two claimants, one of whom was a road traffic accident claims handler, have had their £10,000 personal injury claims dismissed at trial and been found to be fundamentally dishonest.
Towergate to roll out food safety compliance tech
Towergate Insurance has partnered up with technology provider, Checkit, in order to reduce business premiums and the risk of liability for food companies.
Jersey watchdog to increase insurance business rates
The Jersey Financial Services Commission has increased insurance business fee rates 18.1% in line with inflation following a consultation that received no feedback.
Davies Group acquires Claims Management Services Limited
Davies Group has acquired specialty casualty claims third party administrator, Claims Management Services Limited
TT Club to provide insurance cover for 'Uber-style' freight service
TT Club is set to provide insurance cover for Russian freight start-up Deliver in order to implement an ‘Uber-style’ service to its customers.
Fraudster sentenced after making 13 fraudulent claims worth £12,069
A fraudster has been handed an eight month suspended sentence and a compensation order of £2000 after making 13 fraudulent claims totalling £12,069.