Insurer
Career file - Stuart Davies: Davies takes Canopius CEO position
Stuart Davies has resigned from his position as managing director of Aegis London and will take up the position of group CEO at Canopius. Davies had been with the company for a decade.
CII claims group calls for flood certificate prototype by 2016
The Chartered Insurance Institute new generation claims group has set a deadline of 2016 for the creation of a flood resilience certificate for household properties.
Market Moves - 4 June 2015
Who has moved where in the world of insurance this week?
Shipping Containers: shipping forecast
The practice of insuring port terminals and shipping containers can bring unique risks and challenges.
Legal Update: Time to get organised
The Insurance Fraud Taskforce must work with the industry to educate customers, claims Peter Allchorne
Motor Repair Research: Crash test monies
Thatcham provides an invaluable service for motor insurers. But who exactly is paying for it and, more to the point, who isn’t?
BP Marsh increases profit to £4.9m for 2014
Niche venture capital provider BP Marsh & Partners posted profit after tax of £4.9m for the year to 31 January 2015, its audited financial results showed.
Aon Risk Services research finds SMEs ignoring internal risks
Small business leaders in the UK are more concerned with the impact of market and political risks than internal ones, according to new research from Aon Risk Solutions.
Hiscox CEO Masojada takes on NED role at Pool Re
Pool Re has appointed Hiscox CEO Bronek Masojada as non-executive director for the government-backed terrorism scheme.
Due diligence failings revealed by FCA’s delegated authority review
Many insurers and intermediaries are not adequately considering their regulatory obligations under delegated authority arrangements, according to the Financial Conduct Authority.
C-Suite: Asia remains engine of global growth
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
Australia's insurers swamped by 160,000 claims from April and May storms
Australia's insurers are counting the cost of April and May after their insurance claims surpassed A$1.55bn (£780m).
Sterling to transfer to Covéa as Sweeney steps down
Sterling Insurance is to be fully transferred into Covéa Insurance with the process expected to complete by the end of 2015.
Independent's creditors vote on scheme
Scheme creditors of the collapsed Independent Insurance Company have voted on a proposal that would provide an alternative to liquidation.
UK General seeking additional capacity after commercial rebrand
UK General has rebranded its commercial division as One Commercial with plans to consolidate its relationship with 350 independent brokers.
ABI reiterates support for young driver curfew as part of safety campaign
The Association of British Insurers has reiterated its call for a night-time curfew for young drivers to be implemented as part of a wider campaign for the introduction of graduated driving licences.
Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
Dewsall dismisses Gable share slump after 2014 loss
The drop in Gable Holdings' share price following the release of its 2014 annual results statement does not concern CEO William Dewsall who is targeting at least £100m gross written premiums for 2015.
Video: Tackling fraud in commercial lines
Insurance Age’s Expertise From A-Z campaign in association with Allianz investigated the creep of fraudulent behaviour from personal lines into the commercial space.
Could Google and Admiral's 'marriage of convenience' shake up US insurance?
Earlier this year I wrote a blog about Admiral’s high profile tie up with Google in the US.
Mid-market 'forgotten' in industry claims processes
A mismatch between the relatively low rates paid by SMEs and their complex insurance needs has been identified as a key driver for the high levels of claims dissatisfaction reported by smaller businesses.
Despite summer inception Flood Re won't accept first policies until April 2016
Flood Re will not be ready to accept its first policies until April 2016 despite the scheme's systems and infrastructure being in place from summer this year.
Risk managers dispute reputation is an 'uninsurable risk' and urge innovation
Damage to a company’s reputation is insurable despite widespread preconceptions that it cannot be covered according to the risk mangers' trade body.
Quindell completes PSD sale
Quindell has completed the sale of its professional services division to Australian law company Slater & Gordon.