Insurer
Fitch issues gloomy warning for company market in wake of Ogden rate changes
Fitch has issued a gloomy warning for the UK non-life company market this year in the wake of the Ogden rate cut.
AIG CEO Peter Hancock steps down over eroding shareholder support
AIG CEO Peter Hancock, has resigned, citing a lack of “wholehearted shareholder support”.
Aviva to focus on cost-cutting in wake of restructure
Aviva will look to make cuts in areas of the business that overlap following the recent restructure.
Government must 'fight fire with fire' over Brexit business
The UK government needs to "fight fire with fire" when it comes to keeping business within the City of London during Brexit negotiations.
Autofocus trial continues as defendants give evidence
The trial against former Autofocus employees for contempt of court continued today at the Royal Courts of Justice.
CII holds mass networking event to highlight insurance apprenticeship opportunities
The Charted Insurance Institute has organised a networking event between leading insurers, students and apprentices to raise awareness of insurance apprenticeship schemes.
LMG seeks new EU cross-border deal for market
The London Market Group has called for a new trade deal between the UK and the European Union that will allow insurers to operate across borders.
Admiral CEO’s charity sells shares worth £4.02m
Admiral CEO David Stevens’ own charity, the Waterloo Foundation, has sold 225,000 shares in the insurer worth £4.02m.
Claims boss John Latter to leave Zurich for Chubb
John Latter, director of technical claims at Zurich, has resigned and will join Chubb.
Aviva's general insurance COR soars to 106.3%
Aviva has reported a significant increase in its UK general insurance combined operating ratio to 106.3% in 2016.
Novae hit by US catastrophes and Ogden as profit drops 45%
Novae has described its 98.3% pre-Ogden 2016 combined operating ratio as disappointing while the Lloyd's (re)insurer's investment portfolio performed well.
Uninsured driving - the European way
A recent European ruling that means insured motorists will pay repairs for uninsured drivers has caused outrage in the industry. What is the extent of uninsured driving in Europe, how do national differences compare and which policies work?
Swiss Re Corporate Solutions opens Kuala Lumpur office
Swiss Re's commercial insurance arm has opened an office in Kuala Lumpur.
With the deadline less than a week away start your British Insurance Awards entry today
The countdown has well and truly began to get entries in for the 2017 British Insurance Awards with the deadline now less than a week away.
ABI blasts government over 'extraordinary' discount rate costs to NHS
The government has set aside £5.9bn to “protect the NHS” from changes to the Ogden discount rate, the Chancellor confirmed today in his speech on the Spring Budget.
Chancellor’s budget of ‘little comfort’ to insurers
Chancellor Philip Hammond's Spring budget is of "little comfort" to insurers due to recent insurance premium tax hikes, trade bodies say.
AIG to establish post-Brexit EU hub in Luxembourg
AIG will move its Europe operations from the UK to Luxembourg ahead of Brexit.
Telematics broker becomes member of the IFB
Telematics broker, Carrot Insurance has become a member of the Insurance Fraud Bureau in a move that will see both parties sharing data with one another.
Insurers must fight fraud in the courtroom: Justice Kearns
Insurers must fight back against exaggerated and fraudulent personal injury claims in court, the chairman of Ireland’s Personal Injury Commission has said.
Admiral to raise motor premiums by 10% following Ogden
Admiral will increase premiums by a further 10% in coming months following a double whammy of the Ogden rate cut and the hike in the Insurance Premium Tax.
After Brolly v Travelers, here are six more insurance brand and marketing spats that made the headlines
The news last month that insurance giant Travelers had objected to insurtech startup Brolly using an umbrella as its logo got me thinking.
Admiral's profit falls 25% as CEO blames 'eccentric' Ogden decision
Cardiff-headquartered personal lines insurer Admiral saw pre-tax profit fall 25% last year after the shock decision by the UK government to reduce the personal injury discount rate to minus 0.75%.
Suncorp hit by 11,000 Sydney hailstorm claims
The 18 February Sydney hailstorm will cost Brisbane-based financial services group Suncorp between A$150m (£93.4m) and A$170m.
New South Wales signs legislation to replace insurance emergency levy
The state of New South Wales has signed legislation this week to end the insurance tax to fund emergency services.