Insurer
Supreme Court makes landmark ruling on AIG aggregation case
A Supreme Court ruling has decided that the 214 claims made against ILP Solicitors, insured by AIG, should be settled as two claims rather than one.
EU data laws 'could leave insurers vulnerable to fraud'
Insurers could face disruption to their pricing and anti-fraud capabilities due to the General Data Protection Regulations that are to be put in place next year.
CFC Underwriting CEO leads private-equity backed MBO
The CEO of CFC Underwriting will lead a private-equity backed management buy-out of the business.
The Cyber Insurer and Broker Assembly 2017 - as it happened
The Cyber Insurer and Broker Assembly took place on 23 March. Post's journalists reported live from the event.
Interview: Adrian Furness, Covéa
Covéa’s Adrian Furness was recently appointed claims and operations director, having previously held the role of claims director. Post sat down with him to discuss his new appointment.
Cyber regulation: Cyber’s new rules
The tightening of data regulation next year could drive demand for cyber cover and, with the reporting of breaches becoming compulsory, it may help underwriters price this new risk ever more accurately
XL Catlin appoints international head of cyber liability
Global insurer XL Catlin has recruited an experienced cyber insurance professional to head its international cyber and technology underwriting team.
United India appoints chairman; outlines IPO timeline
Girija Kumar has been approved as chairman and managing director at state owned United India Insurance.
Malta will be biggest beneficiary of Brexit, says MPG
Malta will benefit more than any other financial centre in Europe from Brexit, according Managing Partners Group.
Neon launches marine and offshore construction consortium
Neon has launched a marine and offshore construction consortium, underwritten by Mireille Dolonen.
NFU Mutual sees underwriting profit drop 46% in 2016
NFU Mutual saw underwriting profit drop by 46% last year, to £151m from £281m in 2015.
Randall & Quilter acquires Bermudian captive Linco
Randall & Quilter has signed a sale and purchase agreement to acquire captive insurer Linco from Ameripride Services and Alsco.
Asia Insurance to benefit as Hong Kong Life agrees sale
Hong Kong Life insurance, 16.6% owned by Hong Kong general insurer Asia Insurance, has agreed to sell to Hong Kong-based investment firm First Origin International for HK$7.1bn (£740m).
Blog: Mishcon ruling won't set solicitors' PI premiums rising
In the often challenging world of solicitors' professional indemnity insurance, the conveyancing field has long held a high-risk reputation due to its propensity for claims generation. Now a new lawsuit has hit the headlines, with the controversial…
Legal Update: Driverless car policies don't preclude product liability
As automated vehicles take to the roads, the government is likely to focus on one motor insurer as the first port of call for any third-party claim to simplify the claims process. However, that will not preclude other proceedings based on product…
FCA met government to discuss post-Brexit regulatory framework
The Financial Conduct Authority has met with the government to discuss a post-Brexit regulatory framework.
Ogden cut to wipe £50m off Traveler's Q1 2017 results
Travelers expects to record an increase to prior year loss reserves of approximately $62m (£50m) in Q1 2017 as a result of changes to the Ogden discount rate.
Scotland could face a claims epidemic following whiplash changes
Whiplash reforms and a new tariff system could give rise to a claims epidemic in Scotland, DWF has warned.
XL Catlin appoints Tim McMahon to property insurance CUO
XL Catlin has promoted Tim McMahon to the newly created role of global chief underwriting officer, property for insurance.
Insurance Marketing and PR Awards: deadline for entries fast approaching
The Insurance Marketing and PR Awards are returning in 2017, and you only have two days to make sure you are in the running.
XL Catlin partners with Startup Bootcamp
Insurtech accelerator Startup Bootcamp has entered into a partnership with XL Catlin.
Ogden rate change goes live at minus 0.75%
The Ogden discount rate changed today from 2.5% to minus 0.75% following the Lord Chancellor's announcement last month.
Markel's Moi on the dangers of 'miscellaneous' Asian professionals
What do wedding planners, property managers, and skin beauticians all have in common? They are considered as 'miscellaneous professionals' in the eyes of the insurance industry.
Blog: Whiplash reforms were supposed to be about fraud
There is something rather strange happening in the debate around the whiplash reforms. For all the sound and fury across the entrenched battle lines with which we are all familiar, there does appear to be a consensus forming across the divide.