Insurer
What US sanctions may look like under the Trump administration
There is quite a bit of uncertainty regarding the direction of US sanctions policy under president Donald Trump's administration. Various forces drive in different directions.
Legal Update: Motor's waiting game
The motor claims market is currently sitting in that state of indecision that business - and pilots - like to call ‘a holding pattern' as it awaits three major government consultations. These, to push the aviation analogy to its fullest, are hovering…
Japan's AIU and Fuji Fire announce merger date and name
Two large AIG wholly owned general insurers in Japan will complete their proposed merger, first announced in 2013, by the end of the year.
Law firm to pay Axa £70,000 after systematically inflating legal costs
Claimant law firm Asons has agreed to repay almost £70,000 to Axa after admitting to falsely and systematically inflating its legal costs.
IFB collaborates with police to convict fraud gang
A crash for crash gang has been exposed and five people have been found guilty after a £500,000 fraud was uncovered by the Insurance Fraud Bureau and Derbyshire Police.
Sun Life ventures into general insurance with Junction partnership
Junction, part of BGL Group, has signed a five-year contract to provide home and motor insurance products to life insurer Sun Life.
AIG ex-CEO Greenberg settles long-running fraud case for $9m
Former AIG CEO Maurice “Hank” Greenberg, along with former chief financial officer Howard Smith, have agreed to pay $9.9m (£7.9m) to settle a 12-year old securities fraud case.
McCafferty joins Axa as CEO
Brendan McCafferty has joined Axa as CEO for intermediated and direct insurance after holding the position of Flood Re CEO.
Insurance business is safe amid Co-op Bank's decision to put itself up for sale
Co-operative insurance will not be impacted amid the Co-operative Bank’s decision to put itself up for sale and invite offers on its shares.
Questgates makes string of appointments and acquires premises in Ireland
Questgates has expanded its team in Ireland to drive the development of business in the region through a series of appointments.
Post People: 13 - 17 February
All the latest moves from the insurance industry
Insurtech start-up In My Bag launches with Hambro Perks funding
Mobile professional insurance specialist In My Bag has formally launched with funding from Hambro Perks and the underwriting support of ECIC.
What UK sanctions may look like post-Brexit
2016 was a momentous year that heralded a series of political developments with far-reaching consequences for international trade. Speculation and uncertainty abound about what Brexit means for international trade and sanctions.
AIG's Baldwin on why the industry should put heads together for mental health
Resolutions come thick and fast in January. Most don’t stick until February.
Aviva launches home assistance cover with Homeserve
Aviva has partnered with Homeserve to launch home assistance cover to support customers in the event of problems in households.
Over-regulation is main concern for insurance CEOs, says PWC
Fears about over-regulation, the rise of technology, new market entrants, and shifting customer expectations are just some of the issues keeping insurance industry bosses up at night, according to PWC.
Insured nat cat losses total $39.5bn in 2016 says Willis Re
Global insured natural catastrophe losses totalled $39.5bn (£31.3bn) in 2016, the highest market losses since 2012’s $60bn, according to Willis Re.
Legal expenses insurers to face hit from whiplash reforms
Firms offering legal expenses insurance could face heavy losses from "draconian" whiplash reforms.
Week in Post: Darts, brokers and wooden spoons
The first rule is that you shouldn’t talk about it, but nevertheless I had the pleasure of hearing all about Post’s team visit to trendy Shoreditch darts venue Flight Club this week.
Personal insurers are not placing enough digital investment into claims process
Leading personal lines insurers are placing a bigger focus on digital investment for customer acquisition rather than retention, research shows.
Blackstone to acquire Aon's benefits outsourcing for $4.8bn
Private equity firm Blackstone has agreed to acquire Aon Hewitt's employee benefits outsourcing business for around $4.8bn (£3.8bn).
US weather losses exceed $1bn in January
Losses caused by severe weather outbreaks in the United States have exceeded $1bn (£800m) in January, according to the latest Aon catastrophe report.
Fagen leaves QBE and ICA position
QBE's group chief operations officer Colin Fagen has left the company this week and as a result has relinquished his role as president of the Insurance Council of Australia.
Fairfax has bid accepted for New Zealand's Tower
Canadian group Fairfax Financial has agreed to buy Auckland-based commercial and personal lines insurer Tower for NZ$197m (£113m).