Insurer
Asia C-Suite: Singapore's timely cyber action
Gavin Hayes, head of Asia-Pacific at Beazley, welcomes the Singapore government's attempts to clampdown on cyber risks.
Manulife and QBE enhance Hong Kong agreement for agents
Life insurer Manulife has signed an agreement to extend its relationship with Australian giant QBE which allows Manulife's agents in Hong Kong to sell general insurance products.
Can Zurich rebound from senior brain drain as Sharma and Martin join departee list?
Zurich was long regarded as consistency personified; a stable and calming force in an often turbulent insurance market. But in recent years, the Swiss giant has been hit hard by poor financial performance. To counter that, the company then introduced a…
Car insurance premiums are back on the rise after Q1 dip, says AA
Car insurance premiums are back on the rise, according to the AA’s latest benchmark British Insurance Premium Index.
Axa ties up partnership with Chinese e-commerce giant Alibaba
Axa has signed a deal with Alibaba to jointly explore opportunities to distribute insurance products and services through the Chinese e-commerce giant’s platforms including Ant Financial Services.
Customers only reading 15% of their insurance documents, research finds
A typical insurance product comes with more words of explanation than Shakespeare’s Romeo and Juliet, and is written in a language only a PhD student can easily understand, research has revealed.
CMC industry continues to shrink due to regulation, MoJ reveals
Industry-wide turnover for personal injury CMCs has dropped 44% to £215m from £310m last year, as the industry continues to shrink as a result of government regulation.
Enterprise fallout, fraud cases reopened, blockchain and Ghostbusters - the week in Post
Well the weather might have turned a touch greyer, but the summer holidays are truly here judging by the fact my commute to work is less busy but buying a sandwich in the West End at lunchtime has become a lengthy tourist obstacle course.
Swiss Re's Mumenthale positive despite nine point hit to H1 COR
Swiss Re has reported a H1 net income of $1.9bn (£1.44bn), down from $2.3bn (£1.75bn) for the same period in 2015.
Brit CEO Cloutier hails "sound performance" despite "challenging" market
Lloyd's insurer Brit has reported an operating profit before FX and corporate activity costs of US$198.5m (£150.5m) for the first half of the year (H1 2015: US$70.9m). Profit after tax was US$197.6m (H1 2015: US$6.4m).
Travel: Navigating the exclusions
Travel insurance policies come with exclusions that can have huge consequences on your financial and personal life.
Blog: Train hard, fight easy - five lessons the corporate travel insurance sector can learn from the army
In my former life as an army officer, I spent several years specialising in operational planning and intelligence analysis, often in Afghanistan and Iraq. I also managed evacuations from challenging environments like Gaza and Kurdistan.
Biba and Ageas renew calls for telematics tax break after record motor premium hike
Young drivers should be given a tax break on their motor insurance if they take out a telematics policy.
Enterprise liquidator tells policyholders to seek new cover due to claims uncertainty
The provisional liquidator of Gibraltar-based Enterprise Insurance Company has warned that it is uncertain the business has enough assets to pay claims.
No clarity over who will pay for ADAS recalibration
Thatcham Research has issued a new voluntary code of practice to provide clear guidance on the recalibration of car safety technology during the replacement or refit of windscreens.
UK P&I Club: ‘Can-test’ could cut deaths caused by cargo liquefaction
Protection and Indemnity insurance provider The UK P&I Club has called for members to use ‘can-test’ to help avoid loss of life arising from cargo liquefaction.
Standards could play key role in accelerating fintech and insurtech
Standards could play a key role in helping to strengthen and accelerate fintech’s development in the UK, research from BSI has suggested.
Insurance Europe has doubts on services passport
Insurance Europe has questioned the ability of a services passport to ensure that a service provider is able to satisfy cross-border insurance obligations, in response to a European Commission consultation.
Las Vegas fraudster pleads guilty to laundering £66,000 of dead mother's pension
A woman who pocketed £66,000 of her mother’s pension payments three years after she died has pleaded guilty to fraud and money laundering.
Vehicle thefts up for first time in 20 years in London
The Metropolitan Police has seen the first rise in vehicle thefts in 20 years, a Home Office report has revealed.
AIG announces Brexit residency cover for executives
AIG is to cover legal challenges in the event of permanent residency applications being rejected pre Brexit, and the challenges to repatriation orders post Brexit, and part of its Directors' and Officers' policy.
Lloyds Banking Group insurance profit hit by weather claims in H1 2016
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).
Interview: Steve Treloar, LV
Steve Treloar, the newly appointed managing director of LV's general insurance business, has been in his job for less than three months, but has already met 3000 staff.