Insurer
Insurance Complaints: No more Mr Angry
There is no crisis as far as complaints directed at insurers and brokers go – but even one unfairly treated customer is too many. So, how seriously is this area being taken and are efforts underway to raise standards further?
Claims Club Awards: Catching up with the rising stars
Post caught up with a quartet of previous winners of the Rising Star at the Claims Awards to see what winning the trophy meant to them, how their careers have progressed since, how they think claims is viewed by the wider insurance fraternity and what…
Trade Voice: Taking fraud to task
The government’s taskforce has reported back with 26 recommendations on how to fight fraud.
North of the Border: Compensating for anxiety
Asbestos-related litigation in Scotland continues to develop, and diverge from the rest of the UK.
C-Suite - Insurer: The human touch
Technology is a very useful tool, but sometimes dealing with a real person gets the best result.
Editor's Comment: The gloves are off
Mayor of London Boris Johnson’s relationship with London’s corporate sector has featured both highs and lows during his tenure so far.
Continuing soft rating environment reflected in London market results
Full-year results released by London market players to date are reflective of the continuing soft rating environment and companies' reserve releasing strategies, according to analysts. In addition, questions have been raised over whether inflated company…
Litigation likely to test limitation clauses in data breach cases
Litigation will test the effectiveness of companies seeking to absolve themselves of data protection and data security responsibilities via clauses in contracts as companies increasingly believe it's "worth a go", according to cyber insurance experts.
US sanctions strong disincentive for Iranian cover despite lifting of EU restrictions
Banks' reluctance to process payments is a major barrier for insurers wanting to conduct Iran-related business following European Union sanctions relief last month, while legal research has found remaining US primary sanctions are quelling the appetite…
London market at odds with Mayor Boris over EU vote
Key bodies in the London market have sought to emphasise that ‘Brexit' from the European Union could see the capital lose international business, in the wake of London Mayor and Conservative MP Boris Johnson's decision to support the ‘leave' camp in the…
QBE improves COR but sees 7% drop in GWP
QBE Insurance Group announced an improved combined operating ratio of 94% (2014: 96.1%) in its full-year results report today (23 February) against a 7% drop in gross written premiums to $14bn (£9.9bn) (2014: $15.9bn).
Blog: Controlling costs means fixing them
In line with Lord Justice Jackson, the Forum of Insurance Lawyers believes the time is right to extend the fixed recoverable costs regime.
#PostPeople: 23 - 29 February 2016
All the latest insurance industry market moves between 23 and 29 February 2016 in full and in one place.
Swiss Re income jumps 31% as CEO steps down
After four years as CEO, Swiss Re’s Michel Liès will step down on 1 July with reinsurance head Christian Mumenthaler named as his replacement.
Asia Interview: Mark Walker, CEO - Hong Kong, QBE
Andrew Tjaardstra talks to Mark Walker six months into his role as QBE Hong Kong CEO at the Australian headquartered insurer's Quarry Bay office.
Baxter rejoins Chubb as Asia-Pacific arts specialist
Previous Chubb employee Regina Baxter has returned to the global insurer to become the insurer's fine arts portfolio specialist for Asia-Pacific.
FCA to draw up strategy on older consumers
The Financial Conduct Authority has released a paper to spark debate on how to better address the needs of the UK’s ageing population.
Charles Taylor completes Bestpark disposal
Charles Taylor subsidiary LCL Acquisitions has completed the sale of its holding in run-off insurer Bestpark International to Ashbrooke Financial Group.
Scam sees three convicted over £10k Esure claim
Three people have been sentenced in a crash for cash scam uncovered by Esure, with the Insurance Fraud Enforcement Department appealing for information to find a fourth person wanted in connection with the fraud.
Aegis looks to Aspen for COO hire
Aegis London has appointed Aspen UK operations director Kevin Miller to the newly created role of chief operating officer.
ABI backs EU deal as 'valuable' for sector
The Association of British Insurers has welcomed a “valuable” deal for the financial sector as Prime Minister David Cameron announced reforms agreed between the UK and the European Union late on Friday (19 February).
Allianz keen for UK to stay in Europe
Allianz UK CEO Jon Dye has confirmed the German-owned insurance company would like the UK to remain within Europe ahead of the planned referendum on the UK's membership of the European Union.
Allianz UK reports 102.6% COR alongside £93m storm loss
Allianz UK has reported a 2015 combined ratio of 102.6% (2014: 97.6%) with the December 2015 storms costing the business £93m.