Insurer
Covéa confirms completion of Sterling integration
Sterling Insurance is no longer a separate trading entity having formally integrated into Covéa Insurance on 1 January 2016.
IUA sets up D&O group for company market underwriters
The International Underwriting Association has established a London company market group for directors' and officers' underwriters.
Ifed inquiry leads to jail time for income protection fraudster
A 28-year-old man has been jailed for more than three years after he attempted to defraud two insurance companies out of £97,824 for lost income for a job he never had due to an illness he falsely claimed to be suffering from.
Aviva investigation puts brakes on party bus claimants
Aviva has successfully quashed attempts by passengers on a double-decker ‘party bus’ to erroneously claim more than £250,000 for whiplash injuries supposedly caused by a minor collision.
UK floods to 'significantly weaken' 2015 earnings, says Fitch
Ratings agency Fitch said the impact from recent flooding in the UK could weaken earnings for some firms and take the year combined ratio above 100%.
Gang of eight convicted in motor fraud
A crash-for-cash scam, which saw insurers pay out more than £120,000 to fraudsters, has seen another man convicted of conspiracy to defraud.
MSIG Singapore to review haze exemption in travel policies
MSIG has promised to review its "travel inconvenience" sections after being criticised for not covering passengers delayed by widespread haze from Indonesia last year.
Ageas takes from Zurich and promotes from within for New Year reshuffle
Ageas has made moves in underwriting and broker development, with Niraj Shah moving from chief actuary to underwriting director and Joel Markham back from Zurich to head regional broker development.
RSA looks to Aviva and ERS for broker relations hires
RSA has hired from Aviva and ERS to add two strategic account directors at the insurer.
Blog: Plentiful capital, soft markets and the case for the specialist mutual
In an insurance market where seemingly never-ending new capital results in a perpetually soft market, with large insurers capable of undercutting their smaller competitors, the established expertise of specialist mutuals will continue to provide an…
Technology: The future of farming
The rural idyll of the UK's farmlands may be the last place many would expect to find a technological revolution. However, as the Internet of Things continues its steady creep into every aspect of life, Britain's agricultural industry has not been left…
China's insurers establish government investment fund
China's insurers and reinsurers have established the China Insurance Investment fund in Shanghai's free trade zone.
Foil to meet with MoJ to discuss declining court service post-Jackson
The court service is now performing worse than it was before the Jackson reforms were introduced, according to the majority of the Forum of Insurance Lawyers’ members.
C-Suite - Insurer: Extending the claims team
If a customer's home has been flooded, affected by fire, weather or some other unforeseen circumstance, they are going to be pretty upset.
AM Best predicts December storms will pressure 2015 earnings
The December 2015 storms and floods will put pressure on the 2015 earnings of UK property insurers but will have little impact on balance sheet strength and ratings, according to AM Best.
LV and Swiss Re add support to tech innovator
Technology incubator Start-up Bootcamp has partnered with LV and Swiss Re on its Insurtech programme, which announced its 2016 cohort of start-ups last month.
Insurers encouraged to embrace claims apps as customer demand grows
More than one in four consumers would be in favour of using a smartphone app to submit a motor, travel or household claim, new research has found.
Amlin completes merger of two of its subsidiaries
Amlin yesterday (4 January) completed the merger of its two insurance company subsidiaries, Amlin Europe and Amlin Insurance (UK).
New structure in marine management at RSA
RSA has created three new roles on its marine management team and announced several other new appointments.
Chaucer Insurance gets fresh look as Zenith Marque
Chaucer Insurance will be re-branded as Zenith Marque from March following Markerstudy’s acquisition of its UK motor business.
IIS top award for Bermuda-based "trailblazing" CEO Kramer
The International Insurance Society will give its top honour to Donald Kramer, chairman and CEO of Bermuda-based ILS Capital Management.
Ex-DLG MD and Flood Re boss takes reins at Premium Credit
Tom Woolgrove, former managing director of UK personal lines at Direct Line Group, will become Premium Credit CEO this month, replacing Andrew Doman.
Storms' insured loss estimate increases to £1.4bn
Latest estimates from accounting firm PWC suggest insured losses from storms Desmond, Eva and Frank, which battered the UK in December 2015, could reach £1.4bn as Prime Minister David Cameron yesterday (3 January) pledged £40m to repair and improve flood…
Market Moves - 24-31 December 2015
Find out who has been among the insurance industry's movers and shakers over the festive period.