Insurer
Aviva claims director joins IFB board
Rob Townend, Aviva’s claims director for UK general insurance, has joined the board of the Insurance Fraud Bureau.
FCA admits its email system was 'spoofed'
The Financial Conduct Authority said it issued a fake email to its mailing list on Friday.
Insurers face 'highly challenging period', says AM Best
The insurance industry is entering a highly challenging period in its history, according to new research from AM Best.
Brit owner Fairfax buys Allied World for $4.9bn
Canada’s Fairfax Financial is to buy insurance giant Allied World for $4.9bn (£3.9bn).
Gallagher buys US E&O programme manager
Arthur J Gallagher is to buy California-based National Ethics Bureau for an undisclosed sum.
Axa's Duverne on the insurance industry waking up to women decision-makers
2016 may go down as the year the insurance sector woke up to the growing importance of women in the global economy and recognised that it needs to address their requirements for a whole range of products and services. Whether as entrepreneurs or heads of…
RSA appoints Hunn as business development director
RSA has appointed Kevin Hunn as business development director in its intermediated personal lines division.
This week in Post: Unrated insurers and reasons to detox
The sallow, downbeat faces of my colleagues today can only mean one thing: it’s the morning after the staff Christmas party.
Insurers cannot wait for government to lead on Brexit strategy
The UK's insurers cannot wait for government to take the lead on Brexit strategy, according to Ashley Prebble, an insurance partner at Clifford Chance.
206,000 Enterprise policies transferred to new insurer
Motorway Direct and NCI Roadside Assistance have transferred 206,000 Enterprise policies to new insurers with effect from 14 December.
Pioneer launches renewable energy team
Pioneer has launched a renewable energy underwriting team led by Warren Diogo.
Insurers hold up under ‘extreme’ EU stress tests
Insurers have held up under “very severe” circumstances as part of a Europe-wide market stress test.
BP Marsh takes a further 6.87% stake in Nexus
BP Marsh has acquired a further 6.87% in Nexus Underwriting for £4m.
Skuld reports $16m bottom line
Marine insurance provider Skuld has reported bottom-line results of $16m (£12.8m) for the nine months of the financial year 2016/17 ending 20 November.
Blog: Loss adjusters lead encouraging flood-resilient repairs
Loss adjusters are encouraging flood-resilient repairs but a strong incentive is needed to support take up.
Cyber insurance market has 'hit a fork in the road' in 2016
Cyber policy writing has reached a ‘fork in the road’ as the industry is pulling in different directions when it comes to policy cover.
Yahoo admits 1 billion accounts hacked
More than a billion Yahoo users have had their information stolen in a “state-sponsored” hack, the largest of its kind in history.
Hiscox CUO sells £505,000 shares in company
Hiscox’s chief underwriting officer has sold shares in the company worth £505,000.
Russian insurance market expected to grow in 2017
As Standard & Poor's is revising its outlook on Russia upwards, local insurers are predicting the market will grow in 2017.
Shadow Justice Secretary urges whiplash reform deadline extension
Shadow Lord Chancellor Richard Burgon MP has written to Justice Secretary Elizabeth Truss MP urging her to extend the whiplash consultation deadline, Post can reveal.
Previously unrated Elite assigned BBB- rating by Fitch
Previously unrated Elite Insurance has been assigned an IFS rating of BBB- by Fitch.
Hastings to be part acquired for up to £499.5m
Hastings could be part sold to a South African investment company for up to £499.5m.
Census 2017 - just one day left!
It's coming soon, it's huge and it's all about you!
Industry 'concerned' over FSCS levy proposals
Trade bodies are concerned over the Financial Conduct Authority’s suggestions on Financial Services Compensation Scheme funding.