Insurer
Editor's Comment: A once-in-100-years opportunity?
This week, as climate change experts gathered in Paris to discuss future targets, Cumbria was hit by its second deluge of flood waters in six years as Storm Desmond ravaged the UK.
Climate change framework sees increased support from insurers
Insurance leaders are mobilising to support a new framework to improve climate resilience, launched at this month’s United Nations Conference on Climate Change, or COP21, in Paris, with companies including XL Catlin already backing the plans with action…
Insurance industry praises flood defences as Cumbria faces second deluge in six years
Insured losses in Cumbria caused by Storm Desmond have been tipped to eclipse the £175m of claims from flooding in the area in 2009, but industry commentators have praised the mitigation impact of flood defences.
Serious motor claims costs rising as government looks to lower premiums
Motor insurers are facing increasing claims inflation on major injury claims, according to a report from the Institute and Faculty of Actuaries, which could affect future earnings forecasts.
Market Moves - 10 December 2015
All the movers and shakers in the insurance industry
Ironshore firming up presence in Europe
Ironshore International is expanding into Europe, opening an office in Cologne.
Six UK finalists in London start-up programme
Technology incubator Start-up Bootcamp has announced the 10 international start-ups that will join its London programme in 2016, including six from the UK.
Q&A video: implications of the Vnuk case on UK motor market
Following the European Court of Justice ruling in the UK government will very soon have to change the rules about what risks are covered by compulsory motor insurance law.
Asia: Trade credit's double digit growth prospects
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
London companies back central placing process
The London company market has backed plans for a new electronic placement service, with the International Underwriting Association signing a statement of support for the project.
AIG sells $750m stake in China's PICC
AIG has sold a further share of its stake in China's largest general insurer PICC Property & Casualty.
Aviva prioritises digital tech with venture capital fund
Aviva will back new digital businesses with a venture capital programme, spending £20m a year for the next five years.
Interview: Aviva Commercial Lines: On top of the world
Three of Aviva’s commercial lines management team tell Post their plans for building on a business that is already in good shape.
Claimant solicitor fees dispute awarded to Axa
Axa claims it has uncovered cases of exaggerated legal costs from claimant firm Asons, which the insurer has passed on to the Solicitors' Regulation Authority.
C-Suite - Insurer: Cash in hand
The insurance industry must show customers they will reap the benefits of government changes.
PRA approves 19 SII internal models
The Prudential Regulation Authority has approved the use of a full or partial internal model under the Solvency II Directive for 19 insurers for use from 1 January 2016.
ABI criticises FCA's late decision on complaints rules timeframes
The Association of British Insurers is disappointed the Financial Conduct Authority's amendment to the implementation date for changes to complaints handling and reporting processes, announced today (4 December), has come too late to avoid insurers…
Catlin and former Home Secretary back 'Cyber Re' idea
Insurer boss Stephen Catlin and former Home Secretary Lord David Blunkett have both expressed support for the idea of a government-backed reinsurance scheme for cyber crime.
Impact Forum: Apple to launch electric car in 2019 predicts government adviser
Technology giant Apple has been tipped by a government adviser to launch into the motor market by 2019.
Impact Forum: Renewable energy equal with cyber in terms of Lloyd's growth potential
Reneweable energy is among the burgeoning new classes of business in the Lloyd’s and London markets, alongside cyber, it was claimed yesterday at the Post Impact Forum.
Quiz of the week - 4 December
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Chaucer appoints XL Catlin's Callan as CFO
Lloyd's insurer Chaucer has appointed Robert Callan as chief financial officer of Chaucer Syndicates.
Hiscox raids Catlin for product recall team hires
Hiscox has established a product recall team within its London market business with four new hires.
Bogus claimant found guilty in canteen slip and trip
A college chef who claimed for slipping in her work canteen has been found guilty of fraud by false representation, with CCTV evidence vital to the case.