Insurer
Greenberg wins AIG lawsuit but no payout
Hank Greenberg has won his four year lawsuit against the US government over the terms of AIG's bailout but Judge Thomas Wheeler awarded no damages.
Asia C-Suite: Insuring the Alibabas of tomorrow
Prioritising flexible cover for SMEs in Asia-Pacific will help drive economic growth and innovation in the region argues Zurich's Stuart Spencer.
Aviva to close three Manchester sites after Friends Life acquisition
A "large majority" of Aviva's 780 strong Greater Manchester workforce are set to be made redundant following the completion of the Friends Life acquisition.
Buffett's IAG deal gives Berkshire Hathaway platform for Asia-Pacific growth
Warren Buffett has agreed for Berkshire Hathaway to take a A$500m 3.7% in IAG in exchange for the Australian insurer's renewal rights to its large corporate book.
RSA appoints David Wyatt to newly created GSL role
RSA has appointed David Wyatt to the newly created role of development director within its global specialty lines business.
Legal update: The Internet of Things - Who is liable?
The legacy of low-quality components could be challenging for insurers, says Jim Sherwood.
Compulsory salvage code proposed to prevent written-off cars returning to the road
Insurers have backed proposals to mandate the salvage code of practice with a view to ensuring the most severely damaged written-off vehicles do not return to UK roads, Post can reveal.
Insurers ‘extremely concerned' about proposed data protection rules
Europe's insurers are "extremely concerned" about several aspects of the proposed European Union data protection rules due to enter the final stages of discussion by European Institutions, according to Insurance Europe.
Insurance fraudsters jailed in Manchester
Sixteen people have been sentenced for their part in a large-scale ‘cash for crash' scam in Manchester.
Flaw in Uber insurance approval process exposed, report
Taxi operator Uber is reviewing its systems in the UK after an investigation raised concerns about the robustness of its approval procedures for driver documents.
Government to offer insurance incentives for terrorism mitigation efforts
Counter terrorism police are to outline details of an insurance programme that will benefit businesses and organisations that make improvements to their security arrangements under the government's crowded places programme.
Airmic 2015: Mactavish unveils Insurance Act guidance
Mactavish has launched a seven-point protocol to guide business compliance with the Insurance Act 2015.
Blog: Five recent insurance industry comebacks
While many insurance workers claim to have "fallen" into the industry there seems to be a strange magnetism that draws people back after bidding the sector farewell.
Blog: Risks and remedies in a new, connected world
Ahead of Post's Telematics event on 17 June, speaker Andy Rowland looks at how an increasingly connected world can pose cyber security threats in the form of hackers - and how ethical hackers can help combat this.
Post quiz of the week
Are you on top of the insurance industry news this week?
AGCS partners with crisis management specialist
Allianz Global Corporate & Specialty is partnering with crisis management firm red24 to help manage product recalls and emergency evacuations.
Alibaba-backed Chinese internet insurer raises $931m
Zhong An Insurance has raised 5.78bn yuan ($931m) in its first private round of financing according to a report.
Life sciences insurers facing recruitment challenges
Ensuring those who write life science policies remain up-to-date with the latest scientific developments is a key challenge, with those who work in-house often finding themselves out of the loop on key developments.
Marsh placement and development boss Patston joins Touchstone
Seventeen Group subsidiary Touchstone Underwriting has hired Marsh’s placement and development leader Mike Patston as divisional director of liability and construction.
AIG warns of shifting causes of loss through ‘internet of things'
The "internet of things" has the potential to shift the root causes of loss to new, untested arenas, according to an AIG report released today (11 June).
IT upgrade ‘central' to ERS's transformation
Specialist motor insurer ERS has invested £20m on an IT upgrade it says was a central part of the business's overall transformation.
Directors could be held personally liable for cyber attacks
Company directors and officers could be personally exposed to lawsuits, shareholder actions and regulatory activity if they are found to have breached their duty in the wake of a cyber-attack, according to Marsh.
Osborne confirms support for insurance sector in Mansion House speech
Chancellor of the Exchequer George Osborne reiterated the government's commitment to making the City of London the leading centre for insurance and reinsurance business in his annual Mansion House Speech last night (10 June).
Aviva finds fraudulent claims totalled £95m in 2014
Aviva has detected more than 14,000 fraudulent claims, totalling £95m, over the course of 2014.