Insurer
QBE confirms Lingafelter appointment in Asia-Pacific
QBE has confirmed the appointment of Mark Lingafelter, previously managing director and CEO of Chubb in Australia.
Ageas sells Hong Kong division to Chinese private equity firm
Ageas has sold its Hong Kong division to China's largest private equity firm JD Capital for HK$10.7bn (£895m).
Autonomous Trucks: The road to autonomy
As the first autonomous truck gets a road licence in the US, how will the introduction of driverless fleets affect the industry?
Household Underinsurance: The cost of home improvement
With homeowners moving less frequently and spending more time on improving their homes, the issue of property underinsurance has never been more pertinent.
Old wounds re-opened as Accident Exchange raises dishonest evidence concerns
Six years after the Autofocus fraud scandal, Accident Exchange is to write an open letter to defendant law firms and insurance companies it believes are engaged in dishonest car hire rate evidence activity.
Q&A: Robert Fletcher: Presidential priorities
Elected as the Chartered Insurance Institute’s 119th president last month, Robert Fletcher tells Post that building trust, remaining relevant and finding a suitable successor for outgoing CII CEO Sandy Scott are among his top priorities for the year…
Allianz and BMW launch shortfall product covering up to 100% of invoice price
Allianz and BMW have launched a shortfall insurance product with which UK customers no longer need to select the traditional £10,000 or £20,000 worth of cover.
NAH data shows 92% of claimants in contact within first year of RTA
One of the personal injury firms behind the launch of the Ethical Marketing Charter has defended its record amid suggestions by insurers that the number of late claims has tripled in recent times.
Blog: The Sonae group action and the compensation culture
The judgment handed down last month in Saunderson & Others v Sonae makes for uncomfortable reading. Dismissing over 16,000 personal injury claims, a High Court judge criticised the conduct of the solicitors who had brought induced, exaggerated and…
Hastings uninterested in 'international forays', says Hoffman
Hastings has no plans to emulate its rivals and expand into overseas markets, according to CEO Gary Hoffman.
L&G to enter travel insurance market this year
Legal & General is to launch a travel insurance proposition later this year, Post can reveal.
Post week round-up
With no print issue this week the Post team has collated the most popular read articles, coupled with editorial top picks of the week. View the week in a snapshot of posts so you are kept up-to-date with the UK insurance market.
Post – 27 August 2015
While there is no Post print issue this week, it doesn’t mean we’ve been taking things easy here at Post Towers – the continuing RSA/Zurich takeover and Towergate and Arthur J Gallagher legal wrangle has seen to that.
RSA in the news
RSA has been busy of late. Keep up to date with what has happened and is happening with our blog.
AM Best warns of limited investment options for insurers
European insurers are well positioned to withstand the current stock market volatility, having made significant changes to their investment portfolios in recent years, according to AM Best.
Europe: The impossible comparison of UK regulatory costs with the rest of the EU
Confirmation this June that the Financial Conduct Authority will be increasing fees for insurers and brokers by 8.5% for 2015/2016 has inevitably raised many eyebrows. A particular bugbear is that UK regulatory costs are perceived to be much steeper than…
Blog: Stevens v Equity...what now?
Six months on from the landmark decision of the Court of Appeal in Stevens v Equity, the ramifications continue to be felt across the industry. The judgment appeared to be the game changer that the insurance industry had been hoping for following the…
Quiz of the week - 27 July 2015
Test your knowledge of the week's insurance news with our quiz.
Two men jailed for 'cynical' scam to defraud Axa of £15k
A pair of opportunistic fraudsters who teamed up to con Axa out of £15,000 have been jailed for a total of 30 months at Teesside Crown Court.
CII provides flexible working guidelines
The Chartered Insurance Institute has launched a guide for companies looking to introduce flexible working arrangements.
Hastings sees GWP jump 24% in H1
Hastings Insurance Group saw gross written premium increase by 24% to £282.7m in the first six months of 2015 (H1 2014: £227.2m) aided by continued growth in customer numbers.
Churchill calls for action as almost 28,000 uninsured cars seized this year
At least 27,688 uninsured cars were seized by UK police forces in the first half of 2015, with 9935 coming from the London area.
RMS to develop typhoon model for Taiwan with help of local insurer
Risk management firm RMS is teaming up with MSIG Mingtai Insurance to help develop the RMS Taiwan typhoon model.
ICA claims scrapping state insurance taxes will create A$36bn of extra protection
Research commissioned by the Insurance Council of Australia claims homes and household assets will be protected by a further A$36bn (£16bn) if state stamp duty and taxes on insurance are scrapped.